295 Honeysuckle Dr

3 Bedrooms, 2 Baths, 1,658 sq. ft.

$565,000

FOR SALE

→ 295 Honeysuckle Drive

$565,000

3 Bedrooms

2 Bathrooms

1,658 sq. ft.

Year Built 1973

$565,000

SUMMARY

Experience the ultimate in comfort and convenience with this well-maintained 3 bedroom, 2 bath home situated on a spacious lot. Bedroom and full bath conveniently located downstairs. The kitchen boasts granite countertops and laminate flooring, while the separate family room and living room with cozy fireplace offer ample space for relaxation and entertainment. The expansive front and backyards provide the perfect setting for hosting gatherings and making lasting memories. Close to shopping and Travis AFB.

FEATURES

MLS ID: 324065167

3 Bedrooms

2 Bathrooms

1,658 sq. ft.

6,970 sq. ft. Lot

Subdivision: Round Hill

Levels: Two-Story

Separate Living & Family Rooms

HOA: No

One Fireplaces

RV Parking

2 Car Garage

Built in 1973

Laminate Flooring

White Shaker Cabintes

Granite Countertops

Large Rear Yard

Back Patio

Patio Area

Shed

Close to Walmart

Corner Lot

MLS ID: 324065167

3 Bedrooms

2 Bathrooms

1,658 sq. ft.

6,970 sq. ft. Lot

Subdivision: Round Hill

Levels: Two-Story

Separate Living & Family Rooms

HOA: No

One Fireplaces

RV Parking

2 Car Garage

Built in 1973

Laminate Flooring

White Shaker Cabintes

Granite Countertops

Large Rear Yard

Back Patio

Patio Area

Shed

Close to Walmart

Corner Lot

LISTING AGENT

WHO YOU WORK WITH MATTERS

Transparent Gold

When Bebe Sorenson started her real estate career in 2005 she knew she would enjoy helping others achieve their real estate goals. As time went on she realized that buying or selling real estate is one of the most significant decisions a person will make in a lifetime. Since then it's been her mission to create a smooth efficient experience expertly handled from start to finish.

Bebe prides herself on being attentive to her clients' needs so she can help them make the best choices for their families.

As a forty-five+year resident of Solano County, she has a native's understanding of the area and understands that selling a home is more than putting a sign in the yard. That's why buyers sellers and investors depend on her to guide them and say she is knowledgeable present available and always dedicated to serving their needs.

When not helping her clients Bebe enjoys spending time with her family. She's been happily married for thirty-five+ years and has four children and 9 grandchildren she adores.

When Bebe Sorenson started her real estate career in 2005 she knew she would enjoy helping others achieve their real estate goals. As time went on she realized that buying or selling real estate is one of the most significant decisions a person will make in a lifetime. Since then it's been her mission to create a smooth efficient experience expertly handled from start to finish. Bebe prides herself on being attentive to her clients' needs so she can help them make the best choices for their families. As a forty-five+year resident of Solano County, she has a native's understanding of the area and understands that selling a home is more than putting a sign in the yard. That's why buyers sellers and investors depend on her to guide them and say she is knowledgeable present available and always dedicated to serving their needs. When not helping her clients Bebe enjoys spending time with her family. She's been happily married for thirty-five+ years and has four children and 9 grandchildren she adores.
Bebe Sorenson Web Profile

+1 707-803-0598  |  BebeSorenson@Gmail.com  |  DRE Lic# 01723224

Raving Fans...

"Could not have done this process.without Ms Bebe Sorensen at our side. She walked My Wife and I slowly and patiently through the whole complete painstaking process of selling our home and the great process of buying a home. And whatever we needed, she took care of it without even blinking.. Extremely Professional and knowledgeable Real Estate Agent., you cannot go wrong."

-mrcheek052
Bought and sold a Single Family home in 2023 in Fairfield, CA.

"Bebe did an excellent job of guiding us through selling our home. The process was smooth and we felt confident that everything was getting taken care of. We closed on time and there were no surprises. We highly recommend her."

-Sharon A Gonzalez, Sold a home in 2023.

"Bebe has sold two of our properties. This recent sale was a rental. She was instrumental in coordinating the inspections, repairs and final tenant move out concerns with the property manager. She ensured the smooth flow of disclosure signing, kept us apprised of any issues and changes, and seamlessly worked through the Title Company to drive this sale to close. I would recommend her as a great selling agent."

-Rich Stockand, Sold a home in 2023.

Ready To Get Started?

We see home as more than a house, so we approach real estate as more than a transaction. It’s how we build relationships – by making people feel happy and confident about the biggest investment of their lives. This is more than our profession; it’s our passion because our family never forgets how much home truly means to you and your family. So when you’re ready for your next moment or your next adventure, call Bebe and  she will help you get there.

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FOR SALE

→106 Fallen Leaf Dr

$729,000

4 Bedrooms

2.5 Bathrooms

2,095 sq. ft.

Year Built 1990

$729,000

SUMMARY

"Welcome to your charming two-story Vacaville retreat nestled in a sought-after neighborhood! Boasting 4 bedrooms and 2.5 bathrooms, this home offers both space and style. Delight in the separate family and living rooms, complete with a cozy fireplace, perfect for gathering with loved ones. The kitchen has been beautifully updated with granite countertops, laminate flooring, and elegant window shutters, creating an inviting atmosphere for culinary adventures.

Step outside to discover the expansive backyard oasis, ideal for entertaining guests. Here, you'll find not one, but two gazebos - one featuring a convenient bar with sink and refrigerator, making outdoor festivities a breeze. Plus, indulge in the delights of homegrown fruit from the peach, plum, and avocado trees dotting the landscape. With the added convenience of paid-off solar panels and an extended driveway, this home truly offers the perfect blend of comfort and convenience."

SPECIFICATIONS

 

 

 

MLS ID: 324018657

Bedrooms: 4

Bathrooms: 2.5

Square Feet: 2,095

Year Built: 1990

Lot Size: 11,025 sq. ft.

Subdivision: Hidden Meadows

Size: Multi Story

Parking: 3 Car Garage 

HOA: No

 

 

 

       🗓️ Schedule Showing      📧 Contact Us 📞 707.803.0598

 

106-Fallen-Leaf-Dr-50

FEATURES

  • Hidden Meadows
  • Separate Family & Living
  • Cozy Fireplace
  • Granite Counters
  • Laminate Flooring
  • Window Shutters
  • Tow Gazebos
  • Outdoor bar
  • Fruit Trees
  • Paid Solar
  • Extended Driveway
  • Potential RV Parking

LISTING AGENT

WHO YOU WORK WITH MATTERS

Transparent Gold

When Bebe Sorenson started her real estate career in 2005 she knew she would enjoy helping others achieve their real estate goals. As time went on she realized that buying or selling real estate is one of the most significant decisions a person will make in a lifetime. Since then it's been her mission to create a smooth efficient experience expertly handled from start to finish.

Bebe prides herself on being attentive to her clients' needs so she can help them make the best choices for their families.

As a forty-five+year resident of Solano County, she has a native's understanding of the area and understands that selling a home is more than putting a sign in the yard. That's why buyers sellers and investors depend on her to guide them and say she is knowledgeable present available and always dedicated to serving their needs.

When not helping her clients Bebe enjoys spending time with her family. She's been happily married for thirty-five+ years and has four children and 9 grandchildren she adores.

When Bebe Sorenson started her real estate career in 2005 she knew she would enjoy helping others achieve their real estate goals. As time went on she realized that buying or selling real estate is one of the most significant decisions a person will make in a lifetime. Since then it's been her mission to create a smooth efficient experience expertly handled from start to finish. Bebe prides herself on being attentive to her clients' needs so she can help them make the best choices for their families. As a forty-five+year resident of Solano County, she has a native's understanding of the area and understands that selling a home is more than putting a sign in the yard. That's why buyers sellers and investors depend on her to guide them and say she is knowledgeable present available and always dedicated to serving their needs. When not helping her clients Bebe enjoys spending time with her family. She's been happily married for thirty-five+ years and has four children and 9 grandchildren she adores.
Bebe Sorenson Web Profile

+1 707-803-0598  |  BebeSorenson@Gmail.com  |  DRE Lic# 01723224

Raving Fans...

"Could not have done this process.without Ms Bebe Sorensen at our side. She walked My Wife and I slowly and patiently through the whole complete painstaking process of selling our home and the great process of buying a home. And whatever we needed, she took care of it without even blinking.. Extremely Professional and knowledgeable Real Estate Agent., you cannot go wrong."

-mrcheek052
Bought and sold a Single Family home in 2023 in Fairfield, CA.

"Bebe did an excellent job of guiding us through selling our home. The process was smooth and we felt confident that everything was getting taken care of. We closed on time and there were no surprises. We highly recommend her."

-Sharon A Gonzalez, Sold a home in 2023.

"Bebe has sold two of our properties. This recent sale was a rental. She was instrumental in coordinating the inspections, repairs and final tenant move out concerns with the property manager. She ensured the smooth flow of disclosure signing, kept us apprised of any issues and changes, and seamlessly worked through the Title Company to drive this sale to close. I would recommend her as a great selling agent."

-Rich Stockand, Sold a home in 2023.

Ready To Get Started?

We see home as more than a house, so we approach real estate as more than a transaction. It’s how we build relationships – by making people feel happy and confident about the biggest investment of their lives. This is more than our profession; it’s our passion because our family never forgets how much home truly means to you and your family. So when you’re ready for your next moment or your next adventure, call Bebe and  she will help you get there.

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If you’re thinking about buying or selling a home, you’ve probably got mortgage rates on your mind. That’s because you’ve likely heard that mortgage rates impact how much you can afford in your monthly mortgage payment, and you want to factor that into your planning. Here’s what you need to know.

What’s Happening with Mortgage Rates?

Mortgage rates have been trending down recently. While that’s good news for your homebuying plans, it’s important to know that rates can be unpredictable because they’re affected by many factors.

Things like the economy, job market, inflation, and decisions made by the Federal Reserve all play a part. So, even as rates go down, they can still bounce around a bit based on new economic data. As Odeta Kushi, Deputy Chief Economist at First American, says:

“The ongoing deceleration in inflation, coupled with the Federal Reserve’s recent indication of potential rate cuts [in 2024], suggests an environment supportive of modest declines in mortgage rates. Barring any unforeseen circumstances and resurgence in inflation, lower mortgage rates could be on the horizon, but the journey towards them might be slow and bumpy.

How Do These Changes Affect You?

When mortgage rates change, it affects how much you pay each month for your home loan. Even a small rate change can make a big difference to your monthly bill.

Take a look at the chart below to see how different mortgage rates impact your house payment each month for various loan amounts. Imagine you can afford a monthly payment of $2,600 for your home loan. The green part in the chart shows payments in that range or lower based on varying mortgage rates (see chart below):

No Caption Received

Understanding how mortgage rates impact your payment helps you make better decisions.

How Can You Keep Track of the Latest on Rates?

Real estate agents have the expertise to help you understand what’s happening and what it means for you. They can provide tools and visuals, like the chart above, to show how rate changes impact your buying power.

You don’t need to be a mortgage expert; you just need a professional by your side. Someone who can help you make sense of the market and guide you through your homebuying or selling journey.

Bottom Line

If you have questions about the housing market, let’s connect. That way you’ll understand what’s going on and how to navigate it.

Mortgage rates have been one of the hottest topics in the housing market lately because of their impact on affordability. And if you’re someone who’s looking to make a move, you’ve probably been waiting eagerly for rates to come down for that very reason. Well, if the past few weeks are any indication, you may be getting your wish.

Mortgage Rates Trend Down in Recent Weeks

There’s big news for mortgage rates. After the latest reports on the economy, inflation, the unemployment rate, and the Federal Reserve’s recent comments, mortgage rates started dropping a bit. And according to Freddie Mac, they’re now at a level we haven’t seen since February. To help show the downward trend, check out the graph below:

No Caption Received

Maybe you’re seeing this and wondering if you should ride the wave and see how low they’ll go. If that’s the case, here’s some important perspective. Remember, the record-low rates from the pandemic are a thing of the past. If you’re holding out hope to see a 3% mortgage rate again, you’re waiting for something experts agree won’t happen. As Greg McBride, Chief Financial Analyst at Bankratesays: 

“The hopes for lower interest rates need the reality check that ‘lower’ doesn’t mean we’re going back to 3% mortgage rates. . . the best we may be able to hope for over the next year is 5.5 to 6%.”

And with the decrease in recent weeks, you’ve got a big opportunity in front of you right now. It may be enough for you to want to jump back in. 

The Relationship Between Rates and Demand 

If you wait for mortgage rates to drop further, you might find yourself dealing with more competition as other buyers re-ignite their home searches too.

In the housing market, there’s generally a relationship between mortgage rates and buyer demand. Typically, the higher rates are, the lower buyer demand is. But when rates start to come down, things change. Buyers who were on the fence over higher rates will resume their searches. Here’s what that means for you. As a recent article from Bankrate says:

If you’re ready to buy, now might be the time to strike. Home prices have been rising primarily because of a longstanding shortage of homes for sale. That’s unlikely to change, and if mortgage rates do fall below 6%, it’s possible buyers would enter the market en masse, further pushing up prices and resurrecting bidding wars.”

Bottom Line

If you’ve been waiting to make your move, the recent downward trend in mortgage rates may be enough to get you off the sidelines. Rates have hit their lowest point in months, and that gives you the opportunity to jump back in before all the other buyers do too.

Figuring out what to do with your house when you’re ready to move can be a big decision. Should you sell it and use the money for your next adventure, or keep it as a rental to build long-term wealth?

It’s a question many homeowners face, and the answer isn’t always straightforward. Whether you’re curious about the potential income from renting or worried about the responsibilities of being a landlord, there’s a lot to consider.

Let’s walk through some key questions to ask to help you make the best decision for your situation.

Is Your House a Good Fit for Renting?

Even if you’re interested in becoming a landlord, your current house might not be ideal for renting. Maybe you’re moving far away, so keeping up with the ongoing maintenance would be a hassle, the neighborhood isn’t great for rentals, or the house needs significant repairs before you could rent it out.

If any of this sounds like it might apply, selling might be your best option.

Are You Ready for the Realities of Being a Landlord?

Managing a rental property isn’t just about collecting rent checks. It’s a time-consuming and sometimes challenging job.

For example, you may get calls from tenants at all hours of the day with maintenance requests. Or you may find a tenant causes damage you have to repair before the next lease starts. You may even have to deal with people falling behind on payments or breaking their lease early. Investopedia highlights:

“It isn’t difficult to find horror stories of landlords troubled with more headaches than profits. Before deciding to rent, consider talking to other landlords and doing a detailed cost analysis. You might find that selling your home is a better financial decision and less stressful.”

Do You Have a Good Understanding of What It’ll Cost?

If you’re thinking about renting out your home primarily to generate extra income, remember that there are additional costs you’ll want to plan for. As an article from Bankrate explains:

  • Mortgage and Property Taxes: You still need to pay these expenses, even if the rent doesn’t cover all of it.
  • Insurance: Landlord insurance costs about 25% more than regular home insurance, and it’s necessary to cover damages and injuries.
  • Maintenance and Repairs: Plan to spend at least 1% of the home’s value annually, more if the home is older.
  • Finding a Tenant: This involves advertising costs and potentially paying for background checks.
  • Vacancies: If the property sits empty between tenants, you’ll lose rental income.
  • Management and HOA Fees: A property manager can ease the burden, but typically charges about 10% of the rent. HOA fees are an additional cost too, if applicable.

Bottom Line

To sum it all up, selling or renting out your home is a personal decision that depends on your circumstances. Whatever you decide, taking the time to evaluate your options will help you make the best choice for your future.

Make sure to weigh the pros and cons carefully and consult with professionals so you feel supported and informed as you make your decision. That’s what we’re here for.

Today’s headlines and news stories about home prices are confusing and make it tough to know what’s really happening. Some say home prices are heading for a correction, but what do the facts say? Well, it helps to start by looking at what a correction means.

Here’s what Danielle Hale, Chief Economist at Realtor.comsays:

 “In stock market terms, a correction is generally referred to as a 10 to 20% drop in prices . . . We don’t have the same established definitions in the housing market.


In the context of today’s housing market, it doesn’t mean home prices are going to fall dramatically. It only means prices, which have been increasing rapidly over the last couple years, are normalizing a bit. In other words, they’re now growing at a slower pace. Prices vary a lot by local market, but rest assured, a big drop off isn’t what’s happening at a national level.

The Real Estate Market Is Normalizing

From 2020 to 2022, home prices skyrocketed. That rapid increase was due to high demand, low interest rates, and a shortage of homes for sale. But, that kind of aggressive growth couldn’t continue forever.

Today, price growth has started to slow down, which is a sign the market is beginning to normalize. The most recent data from Case-Shiller shows that after being basically flat for a couple of months last year, prices are going up at a national level – just not as quickly as before (see graph below):

No Caption Received

The big takeaway? So far this year, there’s been a much healthier pace of price growth compared to the pandemic.

Of course, that’s what’s happening now, but you may be wondering what’s next for prices. Marco Santarelli, the Founder of Norada Real Estate Investmentssays:

Expert forecasts lean towards a moderation in home price growth over the next five years. This translates to a slower and more sustainable pace of appreciation compared to the breakneck speed witnessed in recent years, rather than a freefall in prices.”

It’s all about supply and demand. Increasing inventory plus limited buyer demand, due to relatively high mortgage rates, will continue to ease some of the upward pressure on prices.

 What This Means for You

 If you’re thinking about buying a home, slowing price growth is welcome news. Skyrocketing home prices during the pandemic left many would-be homebuyers feeling priced-out. 

While it’s still a good thing to know the value of the home you buy will likely continue to go up once you own it, slowing price gains are making things feel more manageable. Odeta Kushi, Deputy Chief Economist at First Americansays:

“While housing affordability is low for potential first-time home buyers, slowing price appreciation and lower mortgage rates could help — so the dream of homeownership isn’t boarded up just yet.”

Bottom Line

At the national level, home prices are not going down. And most experts forecast they’ll continue growing moderately moving forward. But prices vary a lot by local market. That’s where a trusted real estate agent comes into play. If you have questions about what’s happening with prices in our area, reach out.

There’s no arguing this past year has been difficult for homebuyers. And if you’re someone who has started the process of searching for a home, maybe you put your search on hold because the challenges in today’s market felt like too much to tackle. You’re not alone in that. A Bright MLS study found some of the top reasons buyers paused their search in late 2023 and early 2024 were:

  • They couldn’t find anything in their price range
  • They didn’t have any successful offers or had difficulty competing
  • They couldn’t find the right home

If any of these sound like why you stopped looking, here’s what you need to know. The housing market is in a transition in the second half of 2024. Here are four reasons why this may be your chance to jump back in.

1. The Supply of Homes for Sale Is Growing

One of the most significant shifts in the market this year is how the months’ supply of homes for sale has increased. If you look at data from the National Association of Realtors (NAR), you’ll see how inventory has grown throughout 2024 (see graph below): No Caption Received

This graph shows the months’ supply of existing homes – homes that were previously lived in by another homeowner. The upward trend this year is clear.

This increase means you have a better chance of finding a home that suits your needs and preferences. And if the biggest reason you put off your home search was difficulty finding the right home, this is a big relief.

2. There’s More New Home Construction

And if you still don’t see an existing home you like, another big opportunity lies in the rise of new home construction. Builders have worked to increase the supply of newly built homes this year. And they’ve turned their attention to crafting smaller, more affordable homes based on what’s most needed in today’s market. This helps address the long-standing issue of housing undersupply throughout the country, and those smaller homes also offset some of the affordability challenges you’re feeling today.

According to data from the Census and NAR, one in three homes on the market is a newly built home (see graph below):No Caption Received

This means, that if you didn’t previously look at newly built homes as part of your search, you may have been cutting your pool of options by a third. Not to mention, some builders are also offering incentives like buying down mortgage rates to make it easier for buyers to get a home that fits their budget.

So, consider talking to your agent about what builders have to offer in your area. Your agent’s expertise on builder reputations, contracts, and more will help you weigh your options.

3. Less Buyer Competition

Mortgage rates are still hovering around 7%, so buyer demand isn’t as fierce as it once was. And when you combine that with more housing supply, you have a better chance of avoiding an intense bidding war. Danielle Hale, Chief Economist at Realtor.com, highlights the positive trend for the latter half of 2024, saying:

Home shoppers who persist could see better conditions in the second half of the year, which tends to be somewhat less competitive seasonally, and might be even more so since inventory is likely to reach five-year highs.”

This creates a unique opportunity for you to find a home you want to buy with less stress and at a potentially better price.

4. Home Prices Are Moderating

Speaking of prices, home prices are also showing signs of moderation – and that’s a welcome shift after the rapid appreciation seen in recent years (see graph below): No Caption Received

This moderation is mostly due to supply and demand. Supply is growing and demand is easing, so prices aren’t rising as fast. But make no mistake, that doesn’t mean prices are falling – they’re just rising at a more normal pace. You can see this in the graph. The bars are still showing prices increasing, just not as dramatic as it was before.

The average forecast for home price appreciation in 2024 is for positive growth around 3% to 5%, which is more in line with historical norms. That moderation means that you are less likely to face the steep price increases we saw a few years ago.

The Opportunity in Front of You

If you’re ready and able to buy, you may find that the second half of 2024 is a bit easier to navigate. There are still challenges, but some of the biggest hurdles you’ve faced are getting better as time wears on.

On the other hand, you could choose to wait. But if you do, here’s the risk you run. As more buyers recognize the shift in the market, competition will grow again. On a similar note, if mortgage rates do come down (as forecasts say), more buyers will flood back into the market. So, making a move now helps you take advantage of the current market conditions and get ahead of those other buyers.

Bottom Line

If you’ve put your dream of homeownership on hold, the second half of 2024 may be your chance to jump back in. Let’s connect to talk more about the opportunities you have in today’s market.

In life, patience is a virtue – but in the world of homebuying, waiting too long in hopes of finding the perfect home actually isn’t wise. That’s because the pursuit of perfection comes at a cost. And in this case, that cost may be delaying your dream of homeownership. As Bankrate explains:

“One of the most common first-time homebuyer mistakes is looking for a home that checks each of your boxes. Looking for perfection can narrow your choices and lead you to pass over good, suitable options for starter homes in the hopes that something better will come along.”

The Cost of Holding Out for Perfection

Nothing in life is ever perfect – and that’s true when you search for a home too. Unless you’re building a brand-new home from the ground up, chances are there are going to be some features or finishes you wouldn’t have picked yourself. It may be as simple as paint colors, a light fixture, or the tile in the bathrooms or kitchen. Or even that the backyard isn’t fenced in. It could also be that the home itself is great, but it’s not the ideal location you were hoping for.

But here’s the trade-off you’d be making without even realizing it. In all that time you’d spend searching for the perfect place, you’d overlook a lot of homes that would’ve worked for you. U.S. News explains:

“. . . you may miss opportunities if you enter the process with blinders on and aren’t open-minded . . . Countless potential buyers never buy because of this, and thus miss great investments or never move on to the next chapter of their lives.”

It’s Time To Redefine Perfection

Especially with affordability and inventory where they are today, buying a home that needs some updates, is a few neighborhoods away from your ideal location, or doesn’t have all your desired features can be a smart move. Here’s why.

For starters, these homes are usually more affordable, which is important at a time when some buyers are struggling to find options in their budget.

And they give you a chance to make the space your own or discover a whole new area of town. You may find out you actually love that neighborhood. Or, swapping out a feature here or there after move-in isn’t such a big deal. So, look past the green shag carpet and see the bones of the house. With a little vision and creativity, you can turn a good house into a fantastic home.

How an Agent Helps You Explore Your Options

If you’re open to a home that needs a little elbow grease or is a bit further out, let your agent know. They’ll be happy to show you how this can really open up your pool of homes to pick from. They’ll also help coach you through this process by:

1. Prioritizing Your Must-Haves: Your agent will want to revisit your wish list and separate your non-negotiables from your nice-to-haves. From there, they’ll focus on what’s really most important to you as they come up with a bigger list of options for you to choose from.

2. Coaching You To See the Potential: As you tour these added options, your agent will help you look beyond cosmetic flaws and imagine what the home could be with a little work. Simple updates like a fresh coat of paint or new flooring can make a big difference.

3. Connecting You with Local Pros: And an agent’s support goes one step further. If they know what you’re hoping to change after you move in, they can connect you with local pros who can get the job done. That way it’s less work for you, and you don’t have to worry about tracking down contractors.

Bottom Line

Remember, there is no perfect home. But with expert help and an open mind, we can find you the right home – even in today’s market. Let’s connect to see what’s out there.

With all the headlines circulating about home prices and mortgage rates, you may be asking yourself if it still makes sense to buy a home right now, or if it’s better to keep renting. Here’s some information that could help put your mind at ease by showing that investing in a home is still a powerful decision.

According to the experts at Gallup, real estate has been crowned the top long-term investment for a whopping 12 years in a row. It has consistently beat out other investment types like gold, stocks, and bonds. Just take a look at the graph below – it speaks volumes:

No Caption Received

But why does real estate continue to reign supreme as a top-notch long-term investment? It’s because, even today, buying a home can be your golden ticket to building wealth over time.

Unlike other investments that can feel a bit like riding a rollercoaster with all the ups and downs and ongoing risk factors, real estate follows a more predictable and positive pattern.

History shows home values usually rise. And while prices may vary by market, that means as time goes by, your house is likely to appreciate in value. And that helps you grow your net worth in a big way. As an article from Realtor.com explains:

Homeownership has long been tied to building wealth—and for good reason. Instead of throwing rent money out the window each month, owning a home allows you to build home equity. And over time, equity can turn your mortgage debt into a sizeable asset.”

So, if you’re on the fence about whether to rent or buy, remember that real estate was consistently voted the best long-term investment for a reason. And if you want to get in on that action, it may make sense to go ahead and buy (if you’re ready and able).

Bottom Line

When it comes to building wealth that stands the test of time, real estate is the name of the game. If you’re ready to start on your own journey toward homeownership, let’s connect today.

You want your house to sell fast. And you may be wondering how long the whole process is going to take. One way to get your answer? Work with a local real estate agent.

They have the expertise to tell you how quickly homes are selling in your area and what’s impacting timelines for other sellers. That way you have realistic expectations and can work together to come up with a plan that’s based on today’s market.

Here’s a high-level overview of just one of the factors a great agent will walk you through – the supply of homes for sale and how that impacts your process.

The Growing Supply of Homes for Sale

Over the past few months, the number of homes for sale has increased. This is good news when you move because it means you’ll have more options as you search for your next home. But it also means buyers have more to choose from, so if your house doesn’t stand out – it may take a bit longer to sell.

Available inventory is made up of new listings (homes that were just put up for sale) and active listings (homes that were already on the market but haven’t sold yet). And if you look at data from Realtor.com you can see a good portion of the recent growth is from active listings that are sticking around (see the blue bars in the graph below):

How It’s Impacting Listings Today

Think of the homes on the market like loaves of bread for sale in a bakery. When a fresh batch of bread is put out, everyone wants the newest and hottest one. But if a loaf sits there too long, it starts to get stale, and fewer people want to buy it.

The same goes for homes. New listings are the freshest and most sought-after. But if a home isn’t priced correctly, doesn’t show well, or it doesn’t have an effective sales or marketing strategy behind it, it can sit on the market and become less appealing to buyers over time.

An Agent Will Help Your House Stand Out and Sell Quickly

Timing is important to you. You want to get this done, fast. By leaning on a pro, they’ll make sure your listing is fresh and doesn’t stick around long enough to go stale. As the National Association of Realtors (NAR) explains:

Home sellers without an agent are nearly twice as likely to say they didn’t accept an offer for at least three months; 53% of sellers who used an agent say they accepted an offer within a month of listing their home.”

Your agent will factor the recent inventory growth into their plan and create a customized selling strategy for your house. The supply of homes for sale can vary a lot by area. So they’ll do things like share their valuable insights into what’s happening with supply in your market, help you price your home correctly, and create a marketing plan that gets your home noticed.

Don’t let your listing get stale—reach out to a real estate agent today to make sure your listing is fresh and appeals to buyers from the start. It makes a big difference. 

Bottom Line

If you want your house to sell fast, you need to work with a pro. Let’s connect so you’ve got someone who understands the current market trends and how to build a strategy around those factors, so your house is set up to sell quickly.