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Fsbo | Blog

Friday, September 6, 2019   /   by Lauren McGinnis

Housing Market Sentiment Hits An All Time High

  Each month Fannie Mae conducts a survey of approx. 1,000 Americans via telephone interview. Fannie Mae's National Housing Survey is the most detailed consumer survey conducted right now. 

The goal of this survey is to assess their individual attitudes toward: 


Owning or renting their home
Home rental price changes 
Homeownership distress
The current economy 
Household finances
Overall consumer confidence

  The homeowners and renters surveyed are asked more than 100 questions. Their answers are used to help track shifts in their attitudes toward homeownership. Their answers will help industry partners and market participants target the collective efforts to stabilize the housing market. 

  The answers that Fannie Mae collects from the survey are then used to help create the Home Purchase Sentiment Index (HPSI). The HPSI takes all of the information gathered and creates a single number to be used. The number then reflects the c ...

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Friday, August 23, 2019   /   by Lauren McGinnis

July 2019 Housing Market Report

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Friday, August 16, 2019   /   by Lauren McGinnis

Is owning your first home within reach?

When you start looking for a home are you going to be a first time home buyer? If you are have you ever thought that maybe owning your own home wasn't within your reach? If you have, you are not the only one to feel that way! According to the National Association of Realtors' most "older millennials" also feel that same way.

Based on a recent survey by the National Association of Realtors the largest group of first time homebuyers is people aged 25 - 36 (Older Millennials) right now in the us. With the median age being 32 years old. More and more "older millennials" are realizing that their dream of homeownership is actually within their reach right now! 

So much so that of the population of new homeowners almost 90% of first time buyers fit into the "older millennials" grouping.

That 90% group can be broken down into these smaller groups: 


54% are married couples purchasing a home for the first time
18% are single females
10% are single males
16% are couple ...

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Thursday, July 11, 2019   /   by Brooke Cole

Five Things to Consider When Selling Your Home

Are you considering selling your home? While we would all like to believe that placing our home up for sale is as simple as finding the perfect agent, agreeing on a price, and sitting back while offers roll in that just simply isn't the case. If you are ready to list your home here are the 5 most important things to consider according to realtor.com before taking the plunge. First can you actually afford to sell your home? In theory after you list your home, offers pour in, it sells, and you collect a check. However in most cases there will be some work needed before you can list your property. Landscaping your property can cost an average of $3,000 up front, but it may increase your property value up to 12%. Once all of the hard work is finished having professional pictures taken is often suggested, so that your listing will stand out among the others in the area.  After investing in landscaping, our team takes care of that cost of getting professional pictures tak ...

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Wednesday, August 16, 2017   /   by Brooke Cole

'For Sale by Owner' -- Risks You Need to Know

You've heard it before and you will hear it again! There are risks to selling your own property!
Of course, as REALTORs we want you to work with us, but we also care about the people in our community. We want to make sure you are protected.

Some things to consider before you put up that FSBO sign....

Are you really saving any time on your FSBO?
Do you know who to call if you have a question?
Are you available at any time for showings? How mad will you be when you find out they aren't even serious buyers? Did you know they weren't pre-approved for a mortgage?
Do you have time to plan your marketing strategy?
How long can you wait for it to sell?

According to Zillow, "An attorney not familiar with real estate processes and closing procedures could cost you hundreds of dollars and delay the closing."

Are you really saving money on your FSBO?
Want to price it right? Appraisals can cost hundreds of dollars.
Want someone to review the legal documents? Lawyers ain't cheap. ...

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