Jeff Lunderstadt - EXP Realty

08/10/2024

Thank you all for the birthday wishes!
I am off social media all together. Please call/text me if you need to reach me at 412-973-3121.

05/26/2024

On this Memorial Day weekend, please keep Gold Star Families in your prayers. This title is reserved for families of military members who have died in the line of duty. They, along with their beloved service members, have paid the ultimate price for our freedom.

05/04/2024

What More Listings Mean When You Sell Your House

The number of homes for sale is playing a big role in today’s housing market. And, if you’re considering whether or not to list your house, today’s limited supply is one of the biggest advantages you have right now. That’s because your house stands out more when the inventory is low, especially if it’s priced right.

But the supply of homes for sale is growing. As Realtor.com says: “. . . sellers turned out in higher numbers this March as newly listed homes were 15.5% above last year’s levels. This marked the fifth month of increasing listing activity after a 17-month streak of decline.”

What This Means for You

If you’ve been putting off selling your house, maybe it’s time to start thinking about it again – before your neighbors do. While we’re not going to suddenly have a surplus of homes for sale, each house that pops on the...

The number of homes for sale is playing a big role in today’s housing market.

05/03/2024

Smaller Homes Are Coming to Market

Looking for smaller, more budget-friendly options? To find out what’s available locally and in other areas nearby, let’s connect and explore your options together.

05/02/2024

What Is Going on with Mortgage Rates?

You may have heard mortgage rates are going to stay a bit higher for longer than originally expected. And if you’re wondering why, the answer lies in the latest economic data.

Economic Factors That Impact Mortgage Rates

When it comes to mortgage rates, things like the job market, the pace of inflation, consumer spending, geopolitical uncertainty, and more all have an impact. Another factor at play is the Federal Reserve (the Fed) and its decisions on monetary policy. And that’s what you may be hearing a lot about right now.

Basically, long story short, inflation and its impact on the broader economy are going to be key moving forward. As Greg McBride, Chief Financial Analyst at Bankrate, says: “It’s the longer-term outlook for economic growth and inflation that have the greatest bearing on the level and direction of mortgage rates...

You may have heard mortgage rates are going to stay a bit higher for longer than originally expected.

05/01/2024

The Perks of Buying over Renting

Thinking about buying a home? While today’s mortgage rates might seem a bit intimidating, here are two solid reasons why, if you’re ready and able, it could still be a smart move to get your own place.

1. Home Values Typically Go Up Over Time

There’s been some confusion over the past year or so about which way home prices are headed. Make no mistake, nationally they’re still going up. In fact, over the long-term, home prices almost always go up.

This is a big reason why buying a home can be better than renting. As prices go up and you pay down your mortgage, you build equity. Over time, this growing equity can really increase your net worth. The Urban Institute says: “Homeownership is critical for wealth building and financial stability.”

2. Rent Keeps Rising in the Long Run

Rent just keeps going up over the years. Sure, it might be...

Thinking about buying a home?

04/30/2024

Now’s a Great Time To Sell Your House

Thinking about selling your house? If you are, you might be weighing factors like today’s mortgage rates and your own changing needs to figure out your next move.

Here’s something else to consider. According to the latest Home Purchase Sentiment Index (HPSI) from Fannie Mae, the percent of respondents who say it’s a good time to sell is on the rise.

Why Are Sellers Feeling so Optimistic?

One reason why is because right now is traditionally the best time of year to sell a house.
These are the seasons when most people move. That means buyer demand grows. And because there still aren’t enough homes for sale to meet that demand, sellers see some serious perks. According to Rocket Mortgage: “Homes that are listed at the end of spring and the beginning of summer typically sell faster at a higher sales price.”

What Does This Mean for...

Thinking about selling your house?

04/29/2024

More homeowners are saying it's a good time to sell. Want to know why?
The short answer is: this is the best time of year to list.
And if you get your home on the market now, you could see some serious perks.
Want to learn more? Let’s chat.

04/28/2024

If you’ve been a homeowner for at least a couple of years, keep reading.

Because that means you may be sitting on a solid amount of equity. And if so, there are a few different ways you can use it to fuel your next move.

Wanna know what your equity might unlock for you? Let’s talk through it.

04/27/2024

Equity Can Make Your Move Possible When Affordability Is Tight [INFOGRAPHIC]

Did you know the equity you have in your current house can help make your move possible? Once you sell, you can use it for a larger down payment on your next home, so you’re borrowing less. Or, you may even have enough to be an all-cash buyer. The typical homeowner has $298,000 in equity. If you want to find out how much you have, let’s connect for a Professional Equity Assessment Report.

Did you know the equity you have in your current house can help make your move possible?

04/26/2024

Do You Know How Much Equity You Have?

Do You Know How Much Equity You Have? To find out what your number is, let’s connect.

04/25/2024

Multi-generational homes are gaining popularity for a number of reasons.

From cost savings to making it easier to care for aging parents, there are a lot of benefits to consider.

Thinking of buying a multi-gen home? Let’s talk to see if it's a perfect fit for you and your needs.