Time for a Bigger House – It’s No Child’s Play!

Time for a bigger house – It’s no child’s play! He’s “EGGstra” special! Call or text Randy Lenz! Call me at 608.444.1100 and let’s get something started today!

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Time to Moooooove? Breaking away from the herd…

Time to moooooove?  I can help! Breaking away from the herd…  Call or text Randy Lenz! Call me at 608.444.1100 and let’s get something started today!

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Every Home On The Market Has To Be Sold 2 Times!

Homeowners:  Your Home Must Be Sold TWICE! That’s correct, every home on the market has to be sold 2 times, once to a prospective buyer and then to your bank (through the bank’s appraisal).  With home prices increasing, the 2nd sale might be even more difficult than the 1st.   Maybe your planning on jumping into […]

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We Need Homes!

Don’t let the fear of not finding a home to move in to stop you from moving on with your life.  Let’s get together to discuss ways to set expectations with potential buyers from the start.

First-time homebuyers are flocking to the real estate market by the thousands to find their dream homes in order to make their dreams of homeownership a reality.  Unfortunately for many, the inventory of starter and trade-up homes has struggled to keep up with demand!

According to the National Association of Realtors (NAR), the inventory of homes for sale dropped 7.1% year-over-year to a 4.3-month supply and is down for the 25thconsecutive month!

Some homeowners may be hesitant to list their homes for sale because they are worried that they will also have a problem finding a home to buy and move in to.  This is a legitimate concern; no one wants to sell their home quickly and not have anywhere to live.

But there is good news!  If you’re thinking of moving up to a luxury or premium home, there is more inventory available in these markets and you may even get a great deal on a home that has been on the market for a while.

If you’re the owner of a starter home and you’re looking to move into a trade-up home or if you’re just looking to relocate to a new area in a home of the same size, hope remains!

In many markets, homeowners are building contingency plans into their contracts.  This means that the homeowner builds in extra time before they close in order to find their dream home and they are upfront about the contingency with any buyers who come to see the house.

Your home is an oasis to buyers who are searching for homes in today’s market.  The right buyers will most likely sympathize and wait for you and your family to find your next home.

price impacts visibility

Why Your Home Hasn’t Sold Yet

keys to your houseHave you received little, if any, offers on your home that’s listed for sale?

You might want to review the asking price!  If your home has been on the market for a while, even just a month and you haven’t received any offers or even a nibble — yes, it’s probably the price!  Consider the market value, if it’s priced at even 10% above its value that could seriously narrow the number of prospective buyers interested in viewing your house!

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The Home Buyer’s Glossary

Don’t let buying a home intimidate you… get familiar with the lingo used during the home buying process!  Your REALTORS® at NextHome Metro Group have compiled a list of some of the most common terms used when buying a home.  Be sure to bookmark this handy home buyer’s glossary for future reference!   Annual Percentage Rate (APR) This […]

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Misconceptions About Mortgage Down Payment and Credit Scores Busted

Confused about what’s actually required to qualify for a home mortgage loan in today’s housing market? Here’s the facts…

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Spring Homebuying

How the Spring Housing Market Can Benefit You

Today, many real estate conversations center on the lack of inventory for home buyers.  Don’t let this deter you from your home search!  This spring can be the optimum time for you to benefit as a home buyer!  That’s right … if you’ve been dabbling with the idea, NextHome Metro Group can help!  Let’s meet and discuss your options — don’t let this great opportunity slide by.  There’s no obligation, no pressure, when sitting down with a NHMG real estate professional for spring housing market insight and advice.

Here are the 4 top reasons to consider BUYING a home today:

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Increasing mortgage rates affect home value.

The Impact of Mortgage Rates on Home Values

Property Value Impacted by Mortgage Rates

Many real estate experts have noted the possible effect that rising rates will have now and in the near future on the value of homes.  Low mortgage rates were a major factor in the market’s recovery the past several years.

The Mortgage Bankers Association, Fannie Mae, Freddie Mac and the National Association of Realtors (NAR) all project 2017 mortgage interest rates will rise. Increasing interest rates will definitely impact purchasers and may stifle demand.  The fed has already indicated they will most likely raise rates soon, possibly in March.

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Multi-Generation Family

Empty Nest to Full House —The Multi-Generational Family

Multi-generational households typically occur when adult children (over the age of 25) either choose to, or need to, remain living in their parent’s home, and then have children of their own.  These households also occur when grandparents join their adult children and grandchildren in their home.

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