Tracy B Realty

12/03/2024

Today and every day, we honor and advocate for the rights and talents of persons with disabilities. Together, we can work toward inclusivity and equality for everyone in our community and beyond.

11/30/2024

Hey, let’s do something BIG together – shop small, support local businesses and make a real difference in our communities. Help your neighborhood grow and thrive!

11/28/2024

May this day be filled with warmth, laughter and endless joy as we give thanks for all the blessings in our lives.

11/11/2024

Today, we’re honoring the unwavering courage and dedication of our armed forces personnel and the enduring strength of their families. Their selfless service and sacrifices safeguard the liberties we cherish.

11/03/2024

A quick reminder that Daylight Saving Time ends this weekend. Here’s to enjoying that extra hour of sleep and adjusting smoothly to the new schedule.

10/31/2024

We wish you a Halloween filled with more treats than tricks. If you’re looking for a new haunted mansion, reach out! We can help you find a boo-tiful new space! ����

09/02/2024

If you’ve got extra time off this weekend, get ready to kick back and relax at home – maybe even fire up the grill. Here’s to a fun-filled Labor Day for everyone!

08/10/2024

Curious about selling your home? Understanding how much equity you have is the first step to unlocking what you can afford when you move. And since home prices rose so much over the past few years, most people have much more equity than they may realize.

Here’s a deeper look at what you need to know if you’re ready to cash in on your investment and put your equity toward your next home.

Home Equity: What Is It and How Much Do You Have?

Home equity is the difference between how much your house is worth and how much you still owe on your mortgage. For example, if your house is worth $400,000 and you only owe $200,000 on your mortgage, your equity would be $200,000.

Recent data from the Census and ATTOM shows Americans have significant equity right now. In fact, more than two out of three homeowners have either completely paid off their mortgages.

Today, more homeowners are getting a larger return on their homeownership investments when they sell. And if you have that much equity, it can be a powerful force to fuel your next move.

What You Should Do Next

If you’re thinking about selling your house, it’s important to know how much equity you have, as well as what that means for your home sale and your potential earnings. The best way to get a clear picture is to work with your agent, while also talking to a tax professional or financial advisor. A team of experts can help you understand your specific situation and guide you forward.

Home prices have gone up, which means your equity probably has too. DM me so you can find out how much you have in your home and move forward confidently when you sell.

Curious about selling your home?

08/08/2024

Homebuyers are getting a bit more negotiating power these days.

And if you're buying or selling, it’s helpful to know what’s up for negotiation so you go in prepared.

From prices and repairs to closing costs and appliances, there are various levers you can pull during the deal.

If you want someone to help navigate these conversations and advocate for you, DM me.

08/07/2024

Did you hear the fantastic news?Mortgage rates have been one of the hottest topics in the housing market lately because of their impact on affordability. And if you’re someone who’s looking to make a move, you’ve probably been waiting eagerly for rates to come down for that very reason. Well, if the past few weeks are any indication, you may be getting your wish.

After the latest reports on the economy, inflation, the unemployment rate, and the Federal Reserve’s recent comments, mortgage rates started dropping a bit. And according to Freddie Mac, they’re now at a level we haven’t seen since February.

Maybe you’re seeing this and wondering if you should ride the wave and see how low they’ll go. If that’s the case, here’s some important perspective. Remember, the record-low rates from the pandemic are a thing of the past. And if you wait for mortgage rates to drop further, you might find yourself dealing with more competition as other buyers re-ignite their home searches too.

In the housing market, there’s generally a relationship between mortgage rates and buyer demand. Typically, the higher rates are, the lower buyer demand is. But when rates start to come down, things change. Buyers who were on the fence over higher rates will resume their searches. Here’s what that means for you. As a recent article from Bankrate says, “If you’re ready to buy, now might be the time to strike.”

If you’re ready and able to start the process, reach out and let’s get started.

Mortgage rates have been one of the hottest topics in the housing market lately because of their impact on affordability.

08/07/2024