5 Minutes in Real Estate
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5 Minutes in Real Estate
Pensacola Real Estate Broker
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The Enormous Divide Between the Headline and the Truth
“I have observed that not the man who hopes when others despair, but the man who despairs when others hope, is admired by a large class of persons as...
No More Hiding a Listing
SAN FRANCISCO – To address a growing use of off-MLS listings, the National Association of Realtors® (NAR) Board of Directors voted 729-70 to approve a...
The Cost Across Time [INFOGRAPHIC]
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Buyers Are Looking Now. Are You Ready to List Your Home?
Inventory on the market today is low, especially among existing homes in the entry and middle-level tiers of the market. It is hovering well below the...
2 Myths Holding Back Home Buyers
In a recent article, First American shared how millennials are not really any different from previous generations when it comes to the goal of homeown...
How Long Can This Economic Recovery Last?
The economy is currently experiencing the longest recovery in our nation’s history. The stock market has hit record highs, while unemployment rates ar...
Boomerang Buyers: Don’t Be Afraid to Buy a Home Again!
According to CoreLogic, from 2006 to 2014 “there were 7.3 million housing foreclosures and 1.9 million short sales.” The hesitation some Americans fee...
Are Foreclosures Increasing or Decreasing?
Recently, there has been a lot of talk about the size of the foreclosure inventory in the nation. There has been some speculation that distressed prop...
Is Your House “Priced to Sell Immediately”?
In today’s real estate market, more houses are coming to market every day. Eager buyers are searching for their dream homes, so setting the right pric...
This is Not 2008 All Over Again: The Mortgage Lending Factor
Some are afraid the real estate market may be looking a lot like it did prior to the housing crash in 2008. One of the factors they’re pointing at is...
What Is the Probability That Home Values Sink?
With the current uncertainty about the economy triggered by a potential trade war, some people are waiting to purchase their first home or move-up to...
What Buyers Need to Know About HOAs
When searching for a home, you may end up selecting a property in a community with a Homeowners Association (HOA). Before you buy, it’s important to k...
Buyer Demand Growing in Every Region
Buyers are out in full force this fall, increasing the demand for homebuying in all four regions of the country.
According to the latest Showing...
Dave Ramsey Got This One Wrong
Today, on Veterans Day, we salute those who have served our country in war or peace, and we thank them for their sacrifice.
This year marks the...
Are You Ready for the ‘Black Friday’ of Real Estate?
Every year, ‘Black Friday’ is a highly anticipated event for eager shoppers. Some people prepare for weeks, crafting and refining a strategic shopping...
Why It Makes No Sense to Wait for Spring to Sell
The price of any item (including residential real estate) is determined by the theory of ‘supply and demand.’ If many people are looking to buy an ite...
How to Determine If You Can Afford to Buy a Home
The gap between the increase in personal income and residential real estate prices has been used to defend the concept that we are experiencing an aff...
Thinking of Selling Your Home? The Waiting Is The Hardest Part.
Tom Petty famously penned the words, “the waiting is the hardest part” in his early 80’s hit song The Waiting, and his thought process can surprisingl...
Taking the Fear Out of the Mortgage Process
A considerable number of potential buyers shy away from the real estate market because they’re uncertain about the buying process – particularly when...
5 Homebuying Acronyms You Need to Know [INFOGRAPHIC]
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The post 5 Homebuying Acronyms You Need to Know [INFOGRAPHIC] appeared first on Shane Willis.
Halloween Special: Buying a home can be SCARY…Until you know the FACTS [INFOGRAPHIC]
Many potential homebuyers believe they need a 20% down payment and a 780 FICO® score to qualify to buy a home. This stops many people from even trying...
62% of Buyers Are Wrong About Down Payment Needs
According to the ‘2019 Home Buyer Report’ conducted by Nerdwallet, many first-time buyers still believe they need a 20% down payment to buy a home in...
Depending on the Price, You’re Going to Need Advice
To understand today’s complex real estate market, it is critical to have a local, trusted advisor on your side – for more reaso...
Think Prices Have Skyrocketed? Look at Rents.
Much has been written about how residential real estate values have increased since the housing market started its recovery in 2012. However, little h...
What FICO® Score Do You Need to Qualify for a Mortgage?
While a recent announcement from CNBC shares that the average national FICO® score has reached an all-time high of 706, the good news for potential bu...
3 Reasons to Use a Real Estate Pro in a Complex Digital World
If you’re searching for a home online, you’re not alone; lots of people are doing it. The question is, are you using all of your available resources,...
3 Reasons This is NOT the 2008 Real Estate Market
No one knows for sure when the next recession will occur. What is known, however, is that the upcoming economic slowdown will not be caused by a housi...
5 Tips For Starting Your Home Search
In today’s market, low inventory dominates the conversation in many areas of the country. It can often be frustrating to be a first-time homeb...
Be on the Lookout for Gen Z: The Next Generation of Homebuyers
You’ve likely heard a ton about Millennials, but what about Gen Z? In the next 5 years, this generation will be between the ages of 23 and 28, and the...
Homes Are Selling Quickly [INFOGRAPHIC]
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The post Homes Are Selling Quickly [INFOGRAPHIC] appeared first on Shane Willis.
Pensacola: Experts Predict a Strong Housing Market for the Rest of 2019
We’re in the back half of the year, and with a decline in interest rates as well as home price and wage appreciation, many are wondering what the pred...
“Because I was Inverted” Top Gun
What is an inverted yield curve and how does it impact mortgages. Below is an article from CNBC discussing just that. The Copyright of the article bel...
Pensacola Housing Supply Not Keeping Up with Population Increase
Many buyers are wondering where to find houses for sale in today’s market. It’s a true dilemma. We see an increase in buyer demand, but the supply ava...
What’s My Story: Success, Failure, Depression, Anxiety, Epiphanies
What’s going on, everybody? We’re actually going to do today’s show, I’m just going to do it a little differently today. One of the things that… I was...
The Benefits of Growing Equity in Your Home
Over the last couple of years, we’ve heard quite a bit about rising home prices. Today, expert projections still forecast continued growth, just at a ...
5 Real Estate Reality TV Myths Explained
Have you ever been flipping through the channels, only to find yourself glued to the couch in an HGTV binge session? We’ve all been there, watching en...
Rent Vs. Own Myth [INFOGRAPHIC]
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Why All the Chicken Littles Should Calm Down
The U.S. Census Bureau recently released their 2019 Q2 Homeownership Report. Some began to see the sky falling, believing the report showed Americans...
Appreciation Is Strong Pensacola: It Might Be Time to Sell
There’s no doubt that today’s housing market is changing, and everything we see right now indicates it is time to sell. Here’s a look at why selling n...
How Much Do You Know About Down Payments?
Whether you’ve owned a home before, or you’re ready to jump into homeownership for the first time, there are always a lot of questions swirling around...