To avoid buyer’s remorse, be sure to consider your future self when shopping for a home. Most new homebuyers don’t regret becoming homeowners. In fact, according to a survey by LendingTree, 80% of recent buyers who successfully overcame a challenging housing market say they’re glad they found their current homes.1 But that doesn’t mean newly-minted […]
Articles about Home Buyer Tips
There is a lot to know when you are buying a home. Whether you are a first-time homebuyer or a seasoned veteran, we have loads of tips for you.
Scroll down the page to find articles that interest you. Of course, if you have any questions, we are happy to help, just ask!
How to Become a Homeowner on a First-Time Buyer’s Budget
It’s not easy being a first-time homebuyer right now. At the end of last year, housing affordability hit an all-time low.1 Additionally, mortgage rates have risen significantly since 2021, while inventory remains tight for many property categories, but especially for starter homes. Even lower-priced condos are harder to snag these days, as investors and downsizers […]
BREAKING NEWS: What Recent Bank Failures Mean For Mortgage Rates (and You)
The recent collapse of Silicon Valley and Signature banks sent shockwaves through the financial sector, causing a ripple effect through the economy. While the situation has been challenging, there’s also been a silver lining in real estate: Mortgage rates are down. Read on for a summary of the situation, as well as what it means […]
5 Questions to Ask Before Purchasing Your First Home
Buy Now or Rent Longer? Should you buy a home now, or should you continue to rent an apartment or house? Let’s go over some considerations before you decide. Deciding whether to jump into the housing market or rent instead is rarely an easy decision – especially if you’re a first-time homebuyer. But in today’s […]
8 Strategies to Secure a Lower Mortgage Rate
Securing a Lower Mortgage Rate can save you thousands of dollars over the life of your home loan. Here are 8 simple ways to do so. Mortgage rates have been on a roller coaster ride this year, rising and falling amid inflationary pressures and economic uncertainty. And even the experts are divided when it comes […]
10 Pro Tips for a Smooth Home Move
The process of buying a new home can be both exhilarating and exhausting. But the journey doesn’t stop when you close on your property. On the contrary, you still have quite a bit to do before you can begin the process of settling into your new place. Fortunately, you don’t have to do everything in […]
Higher Rates and Short Supply – The State of Real Estate in 2022
The last two years caught many of us off guard—and not just because of the pandemic. They also ushered in the hottest housing market on record, with home prices rising nationally by nearly 19% in 2021, driven primarily by low mortgage rates and a major supply shortage.1 But while some had hoped 2022 would bring […]
![One Thing Every Seller Knew About Pricing in Today's Market 🏠
Nationally, the market has been shifting, and there's one thing sellers need to keep in mind:
Overpricing doesn't just delay your sale—it can actually cost you money. When a home sits on the market too long, buyers start wondering "what's wrong with it?" This creates a stigma that often leads to accepting offers below what you could have gotten with strategic pricing from day one.
The sweet spot? Pricing competitively doesn't mean pricing low. It means understanding your local market data, recent comparable sales, and positioning your home to generate the right kind of buyer interest early on.
The bottom line: In today's market, the first 2-3 weeks are crucial. Price strategically, market effectively, and let buyer competition work in your favor rather than against it.
Thinking of selling? Call/text/email us at [insert phone number] for honest pricing feedback based on your specific situation and neighborhood trends.
#RealEstate #HomeSelling #PricingStrategy #MarketUpdate #RealEstateAgent #SellerTips #LocalRealEstate #PropertyValue #RealEstateTips #HomeValue
Libby Guthrie, REALTOR® 🏡
Cell: 865-364-0200
Keller Williams 865-966-5005
GGHKnoxville.com
Libby@GuthrieGroupHomes.com](https://guthriegrouphomes.com/wp-content/plugins/instagram-feed/img/placeholder.png)
