The McLure Group

02/27/2024

Why Today’s Housing Supply Is a Sweet Spot for Sellers

Wondering if it still makes sense to sell your house right now? The short answer is, yes. And if you look at the current number of homes for sale, you’ll see two reasons why.

1. You Have More Options for Your Move
Are you thinking about selling because your current house is too big, too small, or because your needs have changed? If so, the year-over-year growth gives you more options for your home search. That means it may be less of a challenge to find what you’re looking for.
So, if you were holding off on selling because you were worried you weren’t going to find a home you like, this may be just the good news you needed. Partnering with a local real estate professional can help you make sure you’re up to date on the homes available in your area.

2. You Still Won’t Have Much Competition When You Sell
But to put that into perspective, even though there...

Wondering if it still makes sense to sell your house right now?

02/26/2024

The Truth About Down Payments

If you’re planning to buy your first home, saving up for all the costs involved can feel daunting, especially when it comes to the down payment. That might be because you’ve heard you need to save 20% of the home’s price to put down. Well, that isn’t necessarily the case.

Unless specified by your loan type or lender, it’s typically not required to put 20% down. That means you could be closer to your homebuying dream than you realize.

According to the National Association of Realtors (NAR), the median down payment hasn’t been over 20% since 2005. In fact, for all homebuyers today it’s only 15%. And it’s even lower for first-time homebuyers at just 8%.

The big takeaway? You may not need to save as much as you originally thought.

Learn About Resources That Can Help You Toward Your Goal

According to Down Payment Resource, there are also over 2,000 homebuyer assistance programs in...

If you’re planning to buy your first home, saving up for all the costs involved can feel daunting, especially when it comes to the down payment.

02/23/2024

If you’re trying to buy a home but are having a hard time finding one in your budget, here’s something that can help. Consider expanding your search to include condos and townhomes - they’re great options for first-time homeowners, offering better affordability and the chance to start building equity. Ready to explore your options in our area? Reach out to me today.

02/22/2024

If you’re thinking about buying a home soon don't forget - your credit score is key and boosting it might be easier than you think. Start by reducing debt, staying on top of your payments, and fixing any errors on your credit report, like closed accounts that are reported as open. When you're ready, DM me so we can start the homebuying process.

02/21/2024

Some Experts Say Mortgage Rates May Fall Below 6% Later This Year

There’s a lot of confusion in the market about what’s happening with day-to-day movement in mortgage rates right now, but here’s what you really need to know: compared to the near 8% peak last fall, mortgage rates have trended down overall.

And if you’re looking to buy or sell a home, this is a big deal. While they’re going to continue to bounce around a bit based on various economic drivers (like inflation and reactions to the consumer price index, or CPI), don’t let the short-term volatility distract you. The experts agree the overarching downward trend should continue this year.

While we won’t see the record-low rates homebuyers got during the pandemic, some experts think we should see rates dip below 6% later this year. As Dean Baker, Senior Economist, Center for Economic Research, says: “They will almost certainly not fall to pandemic...

There’s a lot of confusion in the market about what’s happening with day-to-day movement in mortgage rates right now.

02/20/2024

Spring Selling Secret: Want your house to sparkle in the eyes of every potential buyer? Show it's been pampered and cared for. From decluttering to deep cleaning, make sure your space shines bright and leaves a lasting impression. DM me to chat about what steps you need to take to get your house market-ready this season.

02/19/2024

It’s Time To Prepare Your House for a Spring Listing

If you're thinking of selling your house this spring, now is the perfect time to start getting it ready.

Declutter and Organize
First impressions matter, and if your house is a mess, that can easily turn off potential buyers. According to Moving.com: “Decluttering and organizing your space will go a long way in appealing to potential buyers. . . .decluttering will help the buyers see themselves living in your home. Less clutter inside a home also helps a place appear larger and cleaner, which should attract more buyers.”

Deep Clean Your Kitchen and Bathrooms
The kitchen and bathrooms are focal points for many buyers, and often influence their overall opinion of the house. Ensure these spaces dazzle by giving them a thorough deep cleaning.

Maintain Your Yard
Your home’s exterior is the first thing potential buyers see, so it’s important to make a good impression...

If you're thinking of selling your house this spring, now is the perfect time to start getting it ready.

02/16/2024

Achieve Your Dream of Homeownership with Condos and Townhomes [INFOGRAPHIC]

If you’re trying to buy a home but are having a hard time finding something in your budget, here’s something that can help: consider condos and townhomes. They may better fit your budget, can help you start building equity, and tend to require minimal upkeep and less maintenance. Looking at condos and townhomes can make it easier to find and buy a home. When you're ready, DM me.

If you’re trying to buy a home but are having a hard time finding something in your budget, here’s something that can help: consider condos and townhomes.

02/15/2024

Are More Homeowners Selling This Year?

There are more homes for sale this year. Let’s connect to find the perfect one for you.