Blog | Buyers - Bob DeVore

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Buyers, Sellers

Are There More Homes for Sale Where You Live?

One of the biggest bright spots in today’s housing market is how much the supply of homes for sale has grown since the beginning of this year. Recent data from Realtor.com shows that nationally, there are 36.6% more homes actively for sale now compared to the same time last year. That’s a significant improvement. It […]
Buyers, Videos

Tips for Moving with Children (Video)
Buyers

Mortgage Rates Down a Full Percent from Recent High

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 […]
Buyers

Real Estate Terms 21 (Video)

Buyers Are There More Homes for Sale Where You Live? One of the biggest bright spots in today’s housing market is how much the supply of homes for sale has grown since the beginning of this year. Recent data from Realtor.com shows that nationally, there are 36.6% more homes actively for sale now compared to the same time last year. That’s a significant improvement. It […]

Buyers Tips for Moving with Children (Video)

Buyers Mortgage Rates Down a Full Percent from Recent High 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 […]

Buyers Real Estate Terms 21 (Video)

Buyers Helpful Negotiation Tactics for Today’s Housing Market If you haven’t already heard, homebuyers are regaining some negotiating power in today’s market. And while that doesn’t make this a buyer’s market, it does mean buyers may be able to ask for a little more. So, sellers need to be ready for that possibility and know what they’re willing to negotiate. Whether you’re looking […]

Buyers 3 Graphs That Show We’re Not Headed for a Housing Market Crash (Video) Back in 2008, there were too many homes on the market. Today, it’s just the opposite. The three main sources of inventory show this isn’t like the last time.

Buyers 3 Reasons Why We’re Not Headed for a Housing Crash Back in 2008, there was an oversupply of homes for sale. Today, there’s an undersupply. The three main sources of inventory show this isn’t like the last time. Existing homes, new homes, and foreclosures are all way below the levels we saw during the housing crash. Inventory data shows there just aren’t enough homes available […]

Buyers Myth and Fact 22 (Video)

Buyers Why the Sandwich Generation Is Buying Multi-Generational Homes Are you a part of the Sandwich Generation? According to Realtor.com, that’s a name for the roughly one in six Americans who take care of their children and their parents or grandparents at the same time. If that sounds familiar to you, juggling all the responsibilities involved certainly must have its challenges. But it turns […]

Buyers Home Buying Tips 14 (Video)

Buyers Are Home Prices Going To Come Down? 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.com, says: […]

Buyers How the Economy Impacts Mortgage Rates As someone who’s thinking about buying or selling a home, you’re probably paying close attention to mortgage rates – and wondering what’s ahead. One thing that can affect mortgage rates is the Federal Funds Rate, which influences how much it costs banks to borrow money from each other. While the Federal Reserve (the Fed) doesn’t […]

Buyers Real Estate Terms #19 (Video)

Buyers Disability Income Mortgage Reports Quote If you’re wondering if buying a home with disability income is possible, the good news is, the answer is yes. If you want to learn more or explore your options for a home loan, connect with a lender. With the right team in place, we can make your dream of homeownership a reality.

Buyers Myth and Fact #21 (Video)

Buyers Inflation Is Trending Down Inflation is cooling – and that’s a good sign for mortgage rates. Once the rate of inflation reaches the Fed’s target of 2%, they may lower the Federal Funds Rate. When they do, mortgage rates are likely to respond. But this isn’t the only factor at play. For the latest updates on what’s happening, follow […]

Buyers A Newly Built Home May Be More Cost-Effective New trend alert. The median price for new builds has dipped lower than the median for existing homes. Plus, some builders are tossing in sweet perks like competitive mortgage rates and free upgrades. So, if you aren’t already considering brand-new homes, it may be worth looking into. Drop a comment with your dream home feature, […]

Buyers 5 Reasons to Buy a House (Video)

Buyers A Newly Built Home May Actually Be More Budget-Friendly If you’re in the market to buy a home, there’s some exciting news for you. Many people assume that newly built homes are more expensive than existing ones (houses that have already been lived in), but that’s not always the case. In fact, exploring newly built homes can sometimes lead to more cost-effective options, especially […]

Buyers Why a Foreclosure Wave Isn’t on the Horizon Even though data shows inflation is cooling, a lot of people are still feeling the pinch on their wallets. And those high costs on everything from gas to groceries are fueling unnecessary concerns that more people are going to have trouble making their mortgage payments. But, does that mean there’s a big wave of foreclosures […]