Kerrigan Homes

10/27/2024

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Debunking Scary Myths About Buying a Home

There are a number of scary myths about homebuying in today’s market. Here’s what you need to know. Prices are not expected to crash, it is possible to buy even with student loan debt, and there are programs that can help you save for a down payment. Don’t let scary myths delay your homebuying plans. Let's connect so you have a pro to help you separate the facts from your fears.

There are a number of scary myths about homebuying in today’s market. Here’s what you need to know.

10/26/2024

Your 45 second Market Update!
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Homes are still selling faster than they did pre-pandemic, even though the number of days they’re on the market is higher than it was last year.

With the right strategies and the right agent partner, you could sell even faster than today’s norm. DM me to talk through what we can do to make sure your house stands out.

10/25/2024

Your 45 second Market Update!
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Debunking Scary Myths About Buying a Home

Don’t let scary myths delay your homebuying dreams. Let's connect so you have a pro to help you separate fact from fiction.

10/23/2024

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What’s ahead for mortgage rates in 2025?

Expert forecasts show they’re projected to come down over the next year. But it won’t be a straight line – you should expect some volatility.

Even so, the overall trend is great news for your buying power. Want to talk more about what this means for your plans? DM me.

10/21/2024

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Thinking of selling your house and moving? It’s worth considering if you want to put 20% down on your next home.

While that typically isn’t required, putting that much down has clear advantages – and the equity you’ve built up in your current home can help make it possible.

DM me today for a professional equity assessment and to discuss how you can use your equity to fuel your next move.

10/20/2024

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Why Buying Now Is Worth It

You may be torn between buying a home now or waiting. But don’t forget to factor in the equity you’ll gain as prices rise. Experts forecast prices will climb over the next 5 years – and based on those forecasts, you could gain about $90k in equity in that time. So, you could wait, but you’ll miss out on a lot of equity if you do. If you’re ready and able to buy, let’s connect so you can start growing your wealth now.

You may be torn between buying a home now or waiting. But don’t forget to factor in the equity you’ll gain as prices rise.

10/19/2024

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Why Buying Now Is Worth It

Torn between buying now or waiting? Don’t forget to factor in the equity you’ll gain as prices rise. If you bought a $450K house this year, experts say you could gain more than $90,000 in equity over the next 5 years.

10/18/2024

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The Benefits of Using Your Equity To Make a Bigger Down Payment

Did you know? Homeowners are often able to put more money down when they buy their next home. That’s because, once they sell, they can use the equity they have in their current house toward their next down payment. And it’s why as home equity reaches a new height, the median down payment has too.

According to the latest data from Redfin, the typical down payment for U.S. homebuyers is $67,500—that’s nearly 15% more than last year, and the highest on record.

Here’s why equity makes this possible. Over the past five years, home prices have increased significantly, which has led to a big boost in equity for current homeowners like you. When you sell your house and move, you can take the equity that gives you and apply it toward a larger down payment on your new home. That’s a major...

Did you know? Homeowners are often able to put more money down when they buy their next home.

10/17/2024

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Why Did More People Decide To Sell Their Homes Recently?

This year, mortgage rates came down at the same time the number of homes on the market usually starts to decline. So, what happened? More homeowners decided to sell, so more homes came to the market.

The most recent data from Realtor.com reveals that in September, the number of homes put up for sale increased by 11.6% compared to this time last year.

Ralph McLaughlin, Senior Economist at Realtor.com, explains why there was an unseasonable rise: “This sharp increase is largely due to the decline in mortgage rates in mid-August, enticing homeowners to sell.”

So, as rates came down at the end of the summer, more people jumped into the market and decided to make their move.

What Does This Mean If You’re Looking To Buy a Home?

It means more fresh options to choose from than you’ve had in a while – not the ones...

Homeowners typically slow down their moving plans as the summer months wrap up, and as a result, fewer homes are listed for sale in the fall.

10/16/2024

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Why an Agent Is Essential When Buying a Newly Built Home

For some buyers, there’s a misconception that newly built homes aren’t made to last or fall short of the quality you can find in older homes. Unfortunately, this is turning some buyers away from what may be one of their best options in today’s housing market.

So, is there any merit to the myth? Let’s break down the best way to make sure you feel good about looking into new home construction. That way, you’re not missing out on such a great option today.

Choosing the Right Builder

The key to making sure you get a quality newly built home is to choose a good builder. Reputable builders adhere to strict building codes and standards, use advanced construction techniques, and often offer warranties that cover structural issues for several years.

Beyond that, maybe they’ve even worked with other buyers who opted for a...

For some buyers, there’s a misconception that newly built homes aren’t made to last or fall short of the quality you can find in older homes.

10/14/2024

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If you have a tighter homebuying budget but are eager to get your foot in the homeownership door, don’t rule out townhomes and condos.

They’re usually more modest in size, but that can come with the advantage of being easier on your wallet. Plus, there are more available right now.

Let’s chat so I can show you what’s for sale in our area.

10/13/2024

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Wondering what it’s going to cost to sell your house? Here’s a rough idea of what to expect.

Just remember, these are estimates. Your exact figures will vary depending on things like taxes where you live, what agent commissions you agree on upfront, and any concessions you offer to buyers.

If you want to talk through this together to get a better idea of what to plan for, DM me.