Kristine Wendig, Realtor at Bosshardt Realty

08/01/2022

Buying a home is a major life decision. That’s true whether you’re purchasing for the first time or selling your house to fuel a move. And if you’re planning to buy a home, you might be hearing about today’s shifting market and wondering what it means for you.

06/10/2022

The Top Reasons To Own Your Home [INFOGRAPHIC]

June is National Homeownership Month, and it’s a great time to consider the benefits of owning your own home. If you’re considering homeownership, know that it can give you privacy, comfort, and a place to express yourself. It can also provide financial stability and help you grow your net worth. Are you ready to experience all the great benefits that come from purchasing a home? DM me to begin the process today.

Some Highlights June is National Homeownership Month, and it’s a great time to consider the benefits of owning your own home. If you’re considering homeownership, know that it can give you privacy, comfort, and a place to express yourself. It can also provide financial stability and help you gro...

06/09/2022

This is what you should know about warehouse lending and how it impacts the process.

Warehouse lending is specialized financing that mortgage lenders use to finance mortgage loans prior to reselling them on a secondary market. Learn how it works.

06/09/2022

Luxury Homes Are in High Demand

As people realize their needs are changing, some are turning to luxury housing to find their dream home. Investopedia helps define what pushes a home into this category. In a recent article, they point out that a luxury home isn’t only defined by its price. Location is also an important factor. It could be a condo at a desirable city address, a spacious home on the water, or one with access to luxury activities like arts and entertainment, high-end shopping and dining, and more. The home itself will also boast some of the finest features available.

According to the Luxury Market Report from the Institute for Luxury Home Marketing, there’s been a substantial increase in how many buyers are purchasing luxury homes over the past two years. It says, “. . . North America recorded the fastest growth of demand during the...

As people realize their needs are changing, some are turning to luxury housing to find their dream home. Investopedia helps define what pushes a home into this category. In a recent article, they point out that a luxury home isn’t only defined by its price. Location is also an important factor. It...

06/09/2022

Home sales are expected to drop 7.4% this year and 9.7% in 2023, according to experts at Fannie Mae. Now is the time to sell! #️⃣HomebuyerSentiment

A record low 19 percent of Americans say it's a good time to buy a home, according to a monthly survey Fannie Mae's been conducting since 2010.

06/08/2022

Mortgage rates may have an impact on the housing market's potential, bringing much-needed stability to the market. Are we returning to a not-so-new normal? Find out here!

First American Chief Economist Mark Fleming shares his proprietary Potential Home Sales Model, analyzing the housing market's performance against its potential.

06/08/2022

What Are the Best Options for Today’s First-Time Homebuyers?

If you’re looking to buy your first home, you’re likely balancing several factors. Because both mortgage rates and home prices have risen this year, it costs more to buy a home than it did even just a few months ago. But that doesn’t mean you have to put your plans on hold. Here are two tips to help you get started.

>>Work with a Professional To Prioritize Your Wish List
If you’re having trouble finding a home in your budget that checks all the boxes, it may be worth taking another look at your lists of what you want and what you really need. According to NerdWallet, “Your budget isn’t all that you need to be concerned about; your wish list and desired location may carry just as much weight.”

It’s all about prioritization. If you’re serious about purchasing your first home soon, be...

If you’re looking to buy your first home, you’re likely balancing several factors. Because both mortgage rates and home prices have risen this year, it costs more to buy a home than it did even just a few months ago. But that doesn’t mean you have to put your plans on hold.

06/07/2022

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06/07/2022

See what Senior Economist and Director of Forecasting, Nadia Evangelou at the National Association of Realtors has to say about the mortgage rates today. ⬇️

After last week's surge, the 30-year fixed mortgage rate rose slightly to 5.30% from 5.27% the previous week. Unyielding inflation and the Fed's tightening policy seem to be the main drivers of today's mortgage rates.

06/07/2022

Why the Growing Number of Homes for Sale Is Good for Your Move Up

Are you thinking about selling your current home? If so, the biggest question on your mind may be: if I sell now, where will I go? If this resonates with you, there’s something you should know. The number of homes coming onto the market is increasing and that could make it easier for you to move up this summer.

According to the latest data from realtor.com, the number of homes being listed for sale, known as new listings, has increased consistently this year. While this news has clear benefits for buyers who are craving more options for their home search, what does that mean for current homeowners like you? It gives you two distinct opportunities in today’s housing market.

>>Opportunity #1: Take Advantage of More Options for Your Move Up

If your current house no longer meets your needs or lacks...

Are you thinking about selling your current home? If so, the biggest question on your mind may be: if I sell now, where will I go? If this resonates with you, there’s something you should know. The number of homes coming onto the market is increasing and that could make it easier for you to move u...

06/07/2022

58% of adults say they are willing to take steps to find more affordable housing. Consumers may have the option to push the boundaries of where they choose to live as the prominence of remote work grows. Buyers get in touch!

More than half of consumers say they’re willing to move to a less expensive area or purchase a fixer upper to get a home in this competitive market.

06/06/2022

Why You Need an Expert To Determine the Right Price for Your House

Even in this competitive market, you can’t stick just any price tag on your home and get the deal you want. A key piece of the puzzle is setting the right asking price so you can help buyers notice your home (and get excited about it) from the very first time they view the listing. That’s where a real estate professional comes in.

The price you set for your house sends a message to potential buyers. Price it too low and you might raise questions about your home’s condition or lead buyers to assume something is wrong with the property. Not to mention, if you undervalue your house, you could leave money on the table which decreases your future buying power. On the other hand, price it too high and you run the risk of deterring buyers. When that happens, you may have to do a price drop to try to...

If your lifestyle has changed recently and you’re ready to make a move, taking advantage of today’s sellers’ market might be just the answer for your summer plans. With homes continuing to get multiple offers, this could be your moment to get the contract you’re looking for on your house if ...