If you’ve got a move on your mind, you may be wondering whether you should wait to sell until mortgage rates come down before you spring into action.

Understanding a Homeowner Association’s (HOA) financial stability is crucial for maintaining property values and ensuring residents’ high quality of life. Key examination elements include reserve funds, special assessments and financial planning. Reserve funds cover significant repairs and replacements, special assessments address unforeseen expenses and financial planning ensures long-term stability. Understanding these aspects helps members make… The post How to Assess the Financial Stability of an HOA appeared first on RISMedia.

Have you been saving up to buy a home this year?

While economic signs remain strong and experts have a positive outlook, consumer sentiment saw a slight dip in April. The dip, however, is not any cause for concern, according to experts. Consumer sentiment fell 1.9% in April, following a 0.5% decrease in March. These drops come after a strong start to 2024, with a 0.8%… The post Consumer Sentiment Continues to Fall in April appeared first on RISMedia.

If you’re about to retire, or just did, downsizing can be a good way to try to cut down on some of your expenses.

There’s no arguing it, affordability is still tight.

Just what is a “seller’s market” and how does this truly impact your sellers and buyers?  In today’s market you may be surprised that the traditional concepts might not quite be so black and white. Knowing and understanding the implications of this non-traditional seller’s market is likely to make a critical difference in how to… The post The Reality of a Seller’s Market appeared first on RISMedia.

Just what is a “seller’s market” and how does this truly impact your sellers and buyers?  In today’s market you may be surprised that the traditional concepts might not quite be so black and white. Knowing and understanding the implications of this non-traditional seller’s market is likely to make a critical difference in how to… The post The Reality of a Seller’s Market appeared first on RISMedia.

When mortgage rates spiked up over the last few years, some homeowners put their plans to move on pause.

Despite continued pessimism surrounding mortgage rates, home buyers and sellers are feeling a bit more confident in the housing market lately, according to recent data from Fannie Mae. The latest Fannie Mae Home Purchase Sentiment Index® (HPSI) decreased 0.9 points in March to 71.9, its first decline since November 2023. The slight decrease is mainly… The post People May Finally Be Adjusting to Higher Mortgage Rates appeared first on RISMedia.

You may have heard headlines in the news lately about agents in the real estate industry and discussions about their commissions.

Selling a home is more than a financial transaction; it’s an emotional journey. This process can stir up feelings, from excitement about prospects to sadness over leaving memories behind. Understanding and managing these emotions is crucial for staying motivated and positive. I will examine the psychological aspects of selling a home. You will see my… The post The Psychological Aspects of Selling a Home: How to Stay Positive and Motivated appeared first on RISMedia.