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The Second Rule of Home Staging: Keep It Fresh

The overall goal of home staging is to make your home shine. After paring down to just the essentials, the next staging step is to give your home a light makeover to make it look – and feel – neat, fresh and pleasant. Buyers don’t expect everything to be new, but they don’t want to be turned off by worn items or unpleasant odors. A good rule of thumb to go by: If it looks old, worn or dirty, then clean or replace it. A clean, fresh-smelling, attractive home tends to sell. Read on for some budget-friendly ways to refresh each room in your home. Start With the Living Room...

August 16th, 2017 The Second Rule of Home Staging: Keep It Fresh

Our Weekly Mortgage Market Commentary

This week brings us the release of five pieces of monthly economic data with one being considered highly important. In addition to the economic data, the minutes from the last FOMC meeting will also be posted. There is nothing of relevance to mortgage rates scheduled for release Monday, so look for the stock markets to drive bond trading and mortgage rates until we get to the start of this week’s activities. The first piece of data will be will be July’s Retail Sales data at 8:30 AM ET Tuesday. This highly important report comes from the Commerce Department and will give us a measu...

August 14th, 2017 Our Weekly Mortgage Market Commentary

The Top Three Reasons Buyers Choose The Homes They Buy

You may think buyers will love your home because of your extraordinary taste in home furnishings or the incredible job you did with your home addition. Nope, it’s not the d?cor or the vast add-on that gets them to commit, although they may help. There are three top reasons a buyer chooses to buy a home — price, condition, and location. Let’s start with Price. To choose the right asking price for your home, you need to know if your neighborhood is in a buyer’s market or seller’s market. A buyer’s market is characterized by large inventories of six months̵...

August 10th, 2017 The Top Three Reasons Buyers Choose The Homes They Buy

Our Weekly Mortgage Market Commentary

This week brings us the release of only three pieces of monthly or quarterly economic data, but two of them are considered very important to the financial and mortgage markets. In addition to the economic data, there are two Treasury auctions scheduled that have the potential to influence mortgage rates. There is nothing of relevance to rates scheduled for release Monday or Tuesday, so look for the stock markets to drive bond trading and mortgage rates until we get to the start of this week’s activities. Employee Productivity and Costs data for the second quarter will start this weekR...

August 7th, 2017 Our Weekly Mortgage Market Commentary

Marketing Your Home: The Critical First Two Weeks

Brokers share their listings with other brokers in the multiple listing service (MLS) under certain rules of cooperation and compensation. One of the rules of cooperation is that each broker and agent make a new listings available to other MLS members within 24 or 48 hours of signing the listing agreement with the seller. This is to give you, the seller, the greatest chance of selling your home during the first two weeks of marketing. This critical two-week period is your best opportunity to sell your home. Several key events happen quickly: Your home will be entered into the MLS showing syste...

August 3rd, 2017 Marketing Your Home: The Critical First Two Weeks

Our Weekly Mortgage Market Commentary

This week brings us the release of five pieces of economic data that are worth watching, including two highly important reports. The most important ones are early and late in the week, so we should see the most movement those days. Because the reports are spread over four days, we could see noticeable changes to rates multiple days. There is nothing of importance set for release Monday. June’s Personal Income and Outlays data will start this week's activities at 8:30 AM ET Tuesday morning. This report helps us measure consumer ability to spend and current spending habits. If it shows siz...

July 31st, 2017 Our Weekly Mortgage Market Commentary

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