Petra Epperson: The Realtor For People

12/11/2023

The hiatus has ended.. and I'm SO excited to announce the beginning of an amazing partnership- The Fiore Cross Real Estate Group!!

05/16/2023

05/06/2023

65% of respondents reported that properties sold in less than one month. This is up from 57% a month ago and down from 87% in March 2022. Homes listed received an average of 3.2 offers, slightly from 2.7 last month and down from 4.8 offers in March 2022. http://spr.ly/6189OuHr9

04/20/2023

Met so many great people at this local networking event last night🔥 Can't wait for the next one!

04/03/2023

If you’ve been on the fence about whether to buy a home or not, it’s helpful to know exactly how a 1%, or even a 0.5%, mortgage rate shift affects your purchasing power.

Even a 0.5% change can have a big impact on your monthly payment. And since rates have been moving between 6% and 7% for a while now, you can see how it impacts your purchasing power as rates go down.

What This Means for You

You may be tempted to put your homebuying plans on hold in hopes that rates will fall. But that can be risky. No one knows for sure where rates will go from here, and trying to time them for your benefit is tough. Lisa Sturtevant, Housing Economist at Bright MLS, explains:

“It is typically a fool’s errand for a homebuyer to try to time rates in this market . . . But volatility in mortgage rates right now can have a real impact on buyers’ monthly payments.”...

The 30-year fixed mortgage rate has been bouncing between 6% and 7% this year.

03/27/2023

If you’re thinking about selling this spring, it’s time to get moving – the best week to list your house is fast approaching.

Experts at realtor.com looked at seasonal trends from recent years (excluding 2020 as an uncharacteristic year due to the onset of the pandemic) and determined the ideal week to list a house this year:

“Home sellers on the fence waiting for that perfect moment to sell should start preparations, because the best time to list a home in 2023 is approaching quickly. The week of April 16-22 is expected to have the ideal balance of housing market conditions that favor home sellers, more so than any other week in the year.”

>>Work with an Agent To Determine Which Updates To Make

Start by prioritizing which updates you’ll make. In February, realtor.com asked more than 1,200 recent or potential home sellers what updates they ended...

If you’re thinking about selling this spring, it’s time to get moving – the best week to list your house is fast approaching. 

03/16/2023

So excited for this, don't miss out!! April First from 10:30-11:30am at First Centennial Title Company of Nevada 1450 Ridgeview Drive #100

10 Likes, 0 Comments - Petra Fiore Ochoa | The Realtor For People () on Instagram: "So excited for this, don't miss out!! April First from 10:30-11:30am at First Centennial Title ..."

03/15/2023

SWIPE👉🏽 Open house this saturday!! I'll be there with Brian Jones Loan Officer Nmls #442470 from 11am-1pm to host and answer any home/financial questions. Come say hi and check out this awesome property!

03/13/2023

One of the benefits of being a homeowner is that you build equity over time. By selling your house, that equity can be used toward purchasing your next home.

Bankrate explains it like this:

“Home equity is the portion of your home you’ve paid off – in other words, your stake in the property as opposed to the lender’s. In practical terms, home equity is the appraised value of your home minus any outstanding mortgage and loan balances.”

>>Majority of Americans Have a Large Amount of Equity
If you’ve owned your home for a while, you’ve likely built up some equity – and you may not even realize how much. Based on data from the U.S. Census Bureau and ATTOM, the majority of Americans have a substantial amount of equity right now.

And having such large amounts of equity is a benefit to homeowners in more ways than one. “Record levels of...

One of the benefits of being a homeowner is that you build equity over time. 

03/13/2023

NO JOKE‼️ The ULTIMATE Home Buyer and Seller Seminar is taking place on April First! I am proud to be co-hosting this fantastic collaboration with 8 real estate professionals to bring the A's to your Q's. Along with the expert information you'll learn here, you'll also have the chance to win one of 8 raffle prizes being donated from local businesses around the area! Don't miss out on this amazing (and FREE) event next month

03/08/2023

Washington VS Nevada‼️ Here's what $585K can get you in either state. Which one do you prefer?

03/06/2023

You may have seen reports in the news recently saying it’s better to rent right now than it is to own your home. But before you let that impact your decisions, you should understand what these claims are based on.

A lot of the time, these reports are assuming things that aren’t realistic for the average household. For example, the methodology behind one of those reports says that renting is the smarter financial option because of the opportunity to invest money elsewhere. It assumes renters take the money they’d spend on costs tied to buying a home and put it in an investment portfolio.

But here’s the thing – most people who rent aren’t making those investments. Ken Johnson, Co-Author of the BH&J National Price-to-Rent Index, explains:

“One of the difficulties with the rent and reinvest model is many people . . . simply rent and spend the...

You may have seen reports in the news recently saying it’s better to rent right now than it is to own your home. But before you let that impact your decisions, you should understand what these claims are based on.