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The housing market is constantly in the news; are we headed for a recession, or will home prices continue to increase? What about interest rates? Are you better off buying now or waiting until mortgage rates come down? How does inflation affect home prices and interest rates? Will home buying get more difficult or easier? […]

With recent news about REALTORS’ commissions, there are misconceptions about our jobs and how we are paid. People often ask me about our health benefits, 401K programs, paid vacations, personal time off, paid sick days, or perks like company cars. The truth is, we don’t have any of those. Real estate sales is not a […]

Choosing the Right Realtor can have a bigger impact than you might imagine. Let’s begin by understanding what it means to be a professional. Different dictionaries, like The Merriam-Webster dictionary, define it in several ways: A professional is someone who has a specific job as a permanent career. Engaging in an activity or field for […]

Delaying your home purchase in anticipation of price drops might negatively impact your opportunities. Regardless of the metric used to gauge house prices, expectations indicate an increase this year. Better call Tom to chat about your home needs.

January was the third month of the consumer price index (CPI) rising every month since November 2023. We are experiencing a rare, sustained bout of accelerating rises in the cost of living. Consumers are spending more on necessities like food and shelter and less on big-ticket purchases typically financed. The 2023 CPI came in at about 3.3%. […]

In 2023, Higher Interest Rates Continued To Weigh On Market Activity, Yet Prices Are Still Up 23-year high mortgage rates and rising prices increased monthly housing costs and slowed buyer activity Minneapolis–Saint Paul, Minnesota (January 29, 2024) – After sales reached a 20-year high in 2021, sales in 2023 plunged to their lowest level since 2011. […]