Michael Peters Real Estate

08/07/2025

Prices, rates, and finding the right home are three of the biggest challenges for buyers today. You may find better luck with all 3 if you look at newly built homes.

There are more available. Builders are more flexible on prices right now. And people who buy new homes tend to get lower rates in this market thanks to the incentives builders can offer.

Let’s connect if you want to see the new builds available in and around our area.

Prices, rates, and finding the right home are three of the biggest challenges for buyers today. You may find better luck with all 3 if you look at newly built homes.

08/06/2025

Do you think you need perfect credit to buy a home? Think again.

Data shows there isn’t a one-size-fits-all threshold when it comes to your credit score. Different home loans have different median credit scores.

Check out this breakdown by home loan type, then talk to a lender about your options. Because the only thing worse than not qualifying… is being qualified and not even knowing it.

08/05/2025

Do you think you need a big down payment to buy a home? Most people believe they need at least 10% down.

The truth is that’s not necessarily the case. Many buyers put down less than that.

The typical down payment for first-time buyers is actually between 6% and 9%. And depending on the home loans you qualify for, you might only need 3.5%, or even 0% down in some cases.

Your down payment might not be as big of a hurdle as you thought. Let’s talk about your options and how to make homeownership possible for you.

If the down payment wasn’t the thing holding you back, would you be ready to start your home search?

08/04/2025

Overpricing can lead to tough choices you never want to face. But with the right price, and the right guidance, you can skip the stress and sell with confidence. Let’s connect so you have a pricing strategy that works for today’s market and gets you where you want to go.

When selling your house, the price you choose isn’t just a number, it's a strategy. 

08/01/2025

More homeowners are missing the mark on pricing in today’s shifting market. And if you make that same mistake, you may wind up facing some difficult choices.

You could drop the price. But now, buyers will wonder what’s wrong with it.

You could take it off the market – and put your move on hold.

Or, you could keep it and rent it out. It sounds simple, until you’re a landlord juggling repairs, leases, and late-night maintenance calls.

None of these things are what you were hoping for. But they happen when you chase last year’s price in this year’s market.

Want to know what your house could sell for in today’s market? DM me.

07/31/2025

The expert forecasts for the second half of the year show home prices are still forecast to rise nationally – just at a much slower pace. But that’s going to vary by local market. If you want to know what's happening with prices in our area, let’s connect.

07/30/2025

We’re halfway through 2025. And, if moving is still on your mind, here’s what you need to know.

No matter what you’re hearing in the news, the market may be cooling, but home prices aren’t crashing.

Based on the latest expert forecasts, prices are still expected to rise nationally – just at a slower pace. But this is going to vary by area.
So, DM me to find out what’s happening here and how our current price trends compare to pre-pandemic norms.

07/29/2025

Recent headlines may not tell the whole story, but the data does. Foreclosure activity remains low by historical standards and is not a sign of another crash.

If you’re simply watching the market and want to understand what’s really going on, or how this impacts the value of your home, let’s connect. I’ll help you separate fact from fear by showing you what the data really says.

Foreclosure headlines are making noise again – and they’re designed to stir up fear to get you to read them.

07/28/2025

In a market where conditions vary this much from place to place, success starts with understanding every aspect of your local area. Let’s connect so you’ve got an expert in your corner who knows exactly how to guide you through your market, wherever you are.

Depending on where you live, the housing market could feel red-hot or strangely quiet right now. 

07/26/2025

https://www.michaelpetersrealty.com/blog/2025/07/26/Housing-Market-Forecasts-for-the-Rest-of-2025

If you’ve been watching the market, you’ve likely noticed a few changes already this year. But what’s next? From home prices to mortgage rates, here’s ...

07/25/2025

Knowing what’s ahead for the rest of the year is key to your success, whether you’re planning to buy, sell, or just stay informed. And that’s why you need an expert who will keep sharing these market updates with you.

So, what do the latest forecasts show? Mortgage rates will likely settle in the mid-6s for the rest of 2025. And that’s not terribly different from where we are now. So, don’t expect a big drop in rates.

But, keeping an eye on factors like inflation that can influence where mortgage rates move is key. And that’s why you have a pro on your side.

If your plans are changing, don’t wait on a rate that may not come. Let’s have a conversation, so you can see what’s possible in today’s market.

07/24/2025

Are you thinking of waiting for mortgage rates to drop before you buy? According to the latest forecast, you could be waiting for a while.

Expert projections show rates aren’t expected to change much anytime soon. And, after the past few years, that kind of stability is actually a good thing. Because it means you can finally plan with a little more confidence.

I’ll keep you posted as I see changes in these forecasts, especially as the economic data shifts.

But let’s talk about what’s possible for you right now.