Tuesday, February 1, 2022 / by Sonya Reiselt
It may have started with the first wave of the pandemic in 2020, but many companies have shifted their focus and have employees working from home on a more permanent basis. For many families, this has presented many challenges from actual workspace to balancing work and life commitments. While it may have been easier for some, it still has been an adjustment for all.
To help aid in this transition, I thought we’d go through some tips that would make a great start.
Choose your workspace
While lounging on your couch may seem like a perfect spot to sit with your computer and get some work done, it isn’t conducive to the most productive use of your time. Find a space in your home where you can set up a desk, computer, and all the office essentials you need to do your job effectively. Make sure you are free from the noise and traffic of the household. This way you can make the best use of your time and produce your best work.
Get ready for your workday
One of the easies. ...
Wednesday, January 19, 2022 / by Sonya Reiselt
Last week 30-year fixed interest rates ticked up again to its highest point in almost two years. Although expected, potential home buyers may want to get a move on securing their home now. Experts are expecting the rates to continue to rise this year and it looks like that is becoming a reality.
1st Quarter 2022- 3.4%
2nd Quarter 2022- 3.5%
3rd Quarter 2022- 3.6%
4th Quarter 2022- 3.7%
Even with modest increases, rates may have a strong impact on your monthly payments and overall affordability. However, interest rates, even at their projected increased rate are still below averages for the past 5 decades. Meaning it’s still a great time to buy. However, keep this in mind; Mortgage rates surged the second week of the new year. The 30-year fixed rate rose from 3.22% to 3.45% the week before. If inflation continues at its current pace, rates will continue to climb even faster in the coming months (Nadia Evangelou- Senior Economist & Director of Forecasting at NAR).
Wednesday, January 5, 2022 / by Sonya Reiselt
Design trends in general, much like the fashion industry, are driven by factors mostly out of our control and the home industry is no different. A great example of ‘beyond our control’ would be the pandemic and the driving force behind material shortages in the home building and renovation industries. But the show must go on as they say, and experts have weighed in on the trends for this year.
Sustainability tops the list this year! No big surprise there. The use of eco-friendly, natural construction materials- like brick or stone for exteriors- and repurposed natural wood and low maintenance flooring inside the home.
Technology. Although I think we’ve been moving in this direction steadily for years, it has become an even bigger focal point this year as we struggle to keep energy costs down, protect our properties, and ease of use over our appliances and electrical components. A wise investment in many areas.
A Healthy Home. Not that a health; ...
Thursday, October 14, 2021 / by Sonya Reiselt
Did you know that the Fall season is an incredible time to purchase a Beaufort home? And we have a great Buyer’s market right now!
What makes the Fall season such an amazing time to buy a home? Here’s what you need to know:
1. Less Competition. The spring season sees the most home buyers, but those home buyers may actually pay more for their homes as competition for those homes drives up sales price and competing bids. The Fall season has fewer buyers and more available inventory which can leave room for more negotiation on price.
2. Prices tend to drop in the Fall after the high season. Making your money go further to purchase the home that meets your needs.
3. You can take your time. Fall affords you time to truly find the home that matches your needs and to fully inspect that home before buying. During the Spring/Summer season of 2021, many buyers were fo. ...
Wednesday, September 8, 2021 / by Sonya Reiselt
Interest rates on a 30-year fixed mortgage continue to remain at a record low but homeowners should take note that, as the economy continues to recover, these rates will slowly begin to climb once again. Currently, according to Freddie Mac, the fixed rate for a 30-year mortgage is at 2.87%, which increased slightly from 2.78% from previous weeks. While it’s expected that the Federal Reserve won’t raise rates drastically by years end, rates are assumed to rise throughout 2022. Unless you’ve purchased your home within the last year and a half, or you’ve already taken advantage of the rates and refinanced, chances are, chances your mortgage rate is a significant amount higher than the current rate for a 30 or 15-year rate. That being said, there are many ways people can take advantage of the historically low-interest rates that the real estate market is experiencing!
1. Refinance your loan. At thh ...