"To know what you know and what you do not know, that is true knowledge." - Confucius As a real estate agent and business owner it's important to have some knowledge of what may lay ahead. The market dislikes surprises and the spring-summer sell season surprised many with its lackluster sales and a housing market typically described as "frozen." Buyers and sellers alike faced strong headwinds such as unaffordable housing prices, higher than expected mortgage rates, and sky-high insurance and taxes. Meanwhile sellers struggled to adjust to a market that was less enthusiastic than in the recent past. The somewhat irrational exuberance seen in yesterday's post-pandemic era has come and gone. This has resulted in an increase of 47% more delistings in June as unbelieving sellers yanked their … [Read more...] about Knowledge is Power: Things Affecting Real Estate Now
2025
How to Use Pantone’s Color of the Year in Your Home
Mocha Mousse, a lush shade of brown also known as PANTONE 17-1230, is the "it" color of 2025. Mocha Mousse merges the approachable with the elevated for a rich, flavorful shade of brown. It fuses subtle elegance and earthy refinement, aligning with themes of comfort, wellness and a desire for simple pleasures. Interesting how a color can do all that, right? Here's how to use Pantone's Color of the Year in your home: … [Read more...] about How to Use Pantone’s Color of the Year in Your Home
Meaningful Ways to Celebrate Homeownership
June is the Month of Homeownership, which is a key component of The American Dream. It began in 1995 as a week-long observance to increase homeownership nationwide. In the early 2000s it was expanded to the entire month of June. Following are meaningful ways to celebrate homeownership: … [Read more...] about Meaningful Ways to Celebrate Homeownership
What You Should Know About Housing Predictions for 2025
As the new year rolls in, we end an unprecedented year for the stock market and paradoxically, one of the slowest volume years on record for real estate transactions. The volatile trifecta of inflation, high interest rates, and low inventory continues to keep the housing market more frozen than not, with little relief in sight for 2025. Ironically, both the good news and the bad news is that the U.S. economy continues to be strong, which is keeping inflation on the sticky side, and thus, interest rates higher than desired. With that in mind, here's what you should know about housing predictions for 2025, as per Fannie Mae: … [Read more...] about What You Should Know About Housing Predictions for 2025
5 Simple New Year’s Resolutions for Your Home
It's easy to overlook your home's appearance and feel over time. Most of us are too busy to notice how cluttered, disorganized and neglected our home has become over time due to our busy schedules. But it's a great feeling to live in a clean, organized space and there's no better time to do that than at the beginning of each new year. Here are 5 simple New Year's resolutions for your home: … [Read more...] about 5 Simple New Year’s Resolutions for Your Home