Princess Cole, REALTOR

10/21/2022

Just listed! 🔥

🔑1 bed 1 bath condo unit at Homewood Shores in Homewood.

🔑New flooring and lighting throughout as well as other modern updates.

Contact me at: [email protected] for more details.

09/08/2022

I’m excited to announce I’ve joined Park Place Realty Group LLC
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I look forward to assisting you with all of your real estate needs!

12/09/2021

To determine whether you should buy now or wait another year, you can ask yourself two simple questions. Let’s shed some light on the answers to both.

>>Where Will Home Prices Be a Year from Now?

Three major housing industry entities are projecting ongoing home price appreciation in 2022. Here are their forecasts:
Fannie Mae: 7.4%
Freddie Mac: 7%
Mortgage Bankers Association: 5.2%

According to the National Association of Realtors (NAR), the median price of a home today is $353,900. Using an average of the three price projections above (6.53%), a home that sold for $353,900 today would be valued at $377,010 at the end of next year. As a prospective buyer, you would therefore pay an additional $23,110 by waiting.

>>Where Will Mortgage Rates Be a Year from Now?

Today, Freddie Mac estimates the average 30-year fixed mortgage rate in the fourth quarter of this year will be 2.8%. However, most experts believe mortgage rates will rise as the economy recovers...

If you’re a homeowner who’s decided your current house no longer fits your needs, or a renter with a strong desire to become a homeowner, you may be hoping that waiting until next year could mean better market conditions to purchase a home.

12/08/2021

There’s no question that the financial benefits of selling a house are outstanding today. Now is truly a great time to list if you’re ready to make a change. But if you do sell your house right now, you may be wondering where you’ll go when you move.

With so few homes available to buy right now, you might be considering building a new home as one of your options. But maybe you’re not sure if that’s the way to go? Let’s compare the benefits of a newly built home versus moving into an existing one, and why working with a real estate agent throughout the process is mission-critical to your success, no matter what you decide.

>>The Pros of Newly Built Homes
First, let’s look at the benefits of purchasing a newly constructed home. With a brand-new home, you’ll be able to:

>Create your perfect home.
>Cash in on energy efficiency.
>Minimize the need for repairs.
>Have brand new everything.

>>The Pros of Existing Homes
Now, let’s compare that...

There’s no question that the financial benefits of selling a house are outstanding today. Now is truly a great time to list if you’re ready to make a change. But if you do sell your house right now, you may be wondering where you’ll go when you move.

12/06/2021

If you’re trying to decide when to sell your house, there may not be a better time than this winter. Selling this season means you can take advantage of today’s strong sellers’ market when you make a move.

Win When You Sell

Right now, conditions are very favorable for current homeowners looking for a change. If you sell now, here’s what you can expect:

>>Your House Will Stand Out –If you sell your house now before more houses are listed, it will get more attention from serious buyers who are eager to find a home.
>>Your House Will Likely Get Multiple Offers –The latest from NAR shows sellers are getting an average of 3.6 offers in today’s market.
>>Your House Should Sell Quickly – According to the same report from NAR, homes are selling in an average of just 18 days.

Win When You Move

In addition to these great perks, you’ll also win big on your next move if you sell now. CoreLogic reports homeowners gained an average of $51,500 in...

If you’re trying to decide when to sell your house, there may not be a better time than this winter. Selling this season means you can take advantage of today’s strong sellers’ market when you make a move.

12/04/2021

If you’re planning to sell your house this winter, you’ll want it to look its best inside and out. Take the time and focus on tasks that make it inviting, show it’s cared for, and boost your curb appeal. DM me today so you can have an expert opinion on what to focus on, so it shows well and catches buyers’ eyes.

Some Highlights If you’re planning to sell your house this winter, you’ll want it to look its best inside and out. Take the time and focus on tasks that make it inviting, show it’s cared for, and boost your curb appeal. Let’s connect so you have an expert opinion on what to focus on, so it s...

12/02/2021

If you’re living on your own and looking to buy a home, know that you can make your dream a reality with thoughtful planning and the right team of experts. If you fall into this category, here are three tips to help you achieve your homeownership goals.

>>Know Your Credit Score
When you buy a home on your own, you have to qualify for your loan based solely on your own finances and credit history. If you’re not sure if it’s strong enough or where to focus your energy to improve it, meet with a professional for expert advice on your individual situation.

>>Explore Down Payment Options
Next, look into down payment programs so you can get a feel for what you’ll need to save to buy a home. Rob Chrane of Down Payment Resource, explains, “Buyers should discuss their program options with their loan officer and real estate agent to make sure they choose the program best suited to their personal needs.”

>>Think About Your Future Home and Your Needs
You...

If you’re living on your own and looking to buy a home, know that you can make your dream a reality with thoughtful planning and the right team of experts. Research from Freddie Mac shows 28% of all households (36.1 million) are sole-person, and that number is growing. Over the past 40 years, the ...

12/01/2021

The homebuying process requires strategy and planning. Here are a few things to keep in mind to ensure your plan is as strong as possible when you begin your home search.

>>Pre-Approval: the Best Opening Play To Make as a Homebuyer
It’s important to have a great opening play when you’re buying a home. And the best move you can make when you begin your home search is getting pre-approved by a lender. As Freddie Mac puts it, “The pre-approval letter from your lender tells you the maximum amount you are qualified to borrow.”
And while determining how much you can afford at the start of your search is critical, the pre-approval letter also serves another important purpose. Freddie Mac also notes, “This pre-approval allows you to look for a home with greater confidence and demonstrates to the seller that you are a serious buyer.”
As a homebuyer, your pre-approval letter signals to the seller that you’re a serious, interested buyer.

>>Homebuying...

The game of chess can provide incredible lessons to apply to all aspects of life, including the homebuying process. Chess requires you to plan and think about your strategy from the very beginning of the game.

11/29/2021

As we near the end of the year, more homeowners are realizing the benefits of today’s sellers’ market. Record-breaking home price appreciation, growing equity, low inventory, and competitive mortgage rates are motivating homeowners to make a move that addresses their changing lifestyles. In fact, recent data from realtor.com shows a larger share of homeowners are planning to list their houses this winter. So, that means more homes are about to hit the market, which will lead to more choices for buyers too.

According to George Ratiu, Manager of Economic Research at realtor.com: "The pandemic has delayed plans for many Americans, and homeowners looking to move on to the next stage of life are no exception. Recent survey data suggests the majority of prospective sellers are actively preparing to enter the market this winter."

If you’re thinking of waiting until the spring to sell your house, know that your neighbors may be one step ahead of you by...

As we near the end of the year, more homeowners are realizing the benefits of today’s sellers’ market. Record-breaking home price appreciation, growing equity, low inventory, and competitive mortgage rates are motivating homeowners to make a move that addresses their changing lifestyles.

11/27/2021

Whether you’re buying or selling, there are many perks that come from working with a real estate advisor. Real estate professionals are experts at navigating all aspects of the buying and selling process, including negotiating on your behalf. We can also explain today’s market and break down what it means for you. Don’t go at it alone. Let’s connect today so you have advice and an expert to count on each step of the way.

Some Highlights Whether you’re buying or selling, there are many perks that come from working with a real estate advisor. Real estate professionals are experts at navigating all aspects of the buying and selling process, including negotiating on your behalf. We can also explain today’s market an...

11/25/2021

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