Jarod Brewster - Coldwell Banker Realty

03/11/2022

Congrats to the Scott's! They persevered through losing out on other homes with multiple offers to purchase this Farmington townhome below list price. The market is still skewed towards buyers but knowing accurate home values and using unique strategies to structure offers proved crucial to getting our offer accepted. I'm very thankful for having the opportunity to help a former co-worker's parents find a home closer to their grandchildren! Andrew Thesing

01/18/2022

Last week the Bureau of Labor Statistics announced that inflation increased to 7% in December and expects that to continue this year. That means the purchasing power of your money is decreasing quickly! If you’re thinking about purchasing a home this year, all of these inflationary concerns are likely making you wonder if you should wait to buy. While home prices aren’t immune from this increase, inflation shouldn’t stop you from buying a home in 2022.

Home prices increased dramatically last year and experts expect they’re going to continue to climb. Buying a home allows you to lock in your mortgage payment. That means as other prices rise, your monthly payment will be consistent thanks to your fixed-rate mortgage. This should give homeowners the peace of mind that the bulk of their housing costs are shielded from inflation.

Contact me to start searching for the perfect home for you!

The consumer price index for December 2021 was expected to increase 7% from a year ago, according to economists surveyed by Dow Jones.

01/06/2022

Congrats to the Sutton's who got an awesome deal on this Apple Valley home! They bought the house from Open Door (iBuyer similar to Zillow) at a great price because it had been on the market since August. Although homes for sale remain at very low levels, the market has cooled since it's height during the pandemic. Who else is interested in finding their dream home before the market inevitably turns hotter in the spring?

12/29/2021

While it's true that interest rates have increased slightly from their lowest levels during the pandemic, rates are still historically below average compared to the last 50+ years. Contact me to find the perfect home for you and take advantage of low rates before they're gone!

12/21/2021

Many people have asked me if home prices will decline in 2022. According to the experts, home prices are not projected to decline.

With more buyers than sellers in the market, home prices are forecast to continue climbing in 2022, just at a slower rate. Demand continues to outpace Supply. When there are fewer homes on the market than there are buyers, the competition for that home makes prices naturally rise.

It’s important to know that home prices are not projected to decline in the new year. Contact me to make sure you’re informed on what’s happening with home price appreciation, so you can make an informed decision about your next home purchase.