JoAnne Hamberg, Author at Real Estate Exchange

Why Buying a Home Makes More Sense Than Renting Today

Wondering if you should continue renting or if you should buy a home this year? If so, consider this. Rental affordability is still a challenge and has been for years. That’s because, historically, rents trend up over time. Data from the Census shows rents have been climbing pretty steadily since 1988. And, data from the latest rental report from Realtor.com shows rents continue to […]

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The Best Time To Sell Your Home Is Almost Here

Blog / JoAnne Hamberg

If you’re thinking about selling this spring, it’s time to get moving – the best week to list your house is fast approaching. Experts at realtor.com looked at seasonal trends from recent years (excluding 2020 as an uncharacteristic year due to the onset of the pandemic) and determined the ideal week to list a house this year: “Home sellers

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Closing Costs: What You Need to Know

Blog / JoAnne Hamberg

Before you buy a home, it’s important to plan ahead. While most buyers consider how much they need to save for a down payment, many are surprised by the closing costs they have to pay. To ensure you aren’t caught off guard when it’s time to close on your home, you need to understand what closing costs are

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Pre-Approval in 2023: Everything You Need to Know

Blog / JoAnne Hamberg

One of the first steps in your homebuying journey is getting pre-approved. To understand why it’s such an important step, you need to understand what pre-approval is and what it does for you. Business Insider explains: “In a preapproval [sic], the lender tells you which types of loans you may be eligible to take out, how much you may be approved to

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What Experts Predict Will Happen with Home Prices in 2023

Blog, Uncategorized / JoAnne Hamberg

Experts are starting to make their 2023 home price forecasts. As they do, most agree homes will continue to gain value, just at a slower pace. Over the past couple of years, home prices have risen at an unsustainable rate, leaving many to wonder how long it would last. If you’re asking yourself: what’s ahead for the

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A Roof in Brown Color Shade With White Frame

Is the Real Estate Market Dying Down, or Is This a Housing Bubble?

Blog, Uncategorized / JoAnne Hamberg

The talk of a housing bubble in the coming year seems to be at a fever pitch as rising mortgage rates continue to slow down an overheated real estate market. Over the past two years, home prices have appreciated at an unsustainable pace causing many to ask: are things just slowing down, or is a crash coming? To

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Is Now A Good Time To Buy A House?

Uncategorized / JoAnne Hamberg

If you’ve been thinking about buying a house, you likely have one question on the top of your mind: should I buy right now, or should I wait? While no one can answer that question for you, here’s some information that could help you make your decision. The Future of Home Price Appreciation Each quarter, Pulsenomics surveys a national panel of

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Housing Market Predictions for the Second Half of the Year

Blog, Uncategorized / JoAnne Hamberg

If you’re considering buying or selling a house, you’re at an exciting decision point. And anytime you make an impactful decision like that, one thing you should always consider is timing. So, what does the rest of the year hold for the housing market? Here’s what experts have to say. The Number of Homes Available for Sale Is

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How to Win When You Sell This Winter

Uncategorized / JoAnne Hamberg

If you’re trying to decide when to sell your house, there may not be a better time than this winter. Selling this season means you can take advantage of today’s strong sellers’ market when you make a move. Win When You Sell Right now, conditions are very favorable for current homeowners looking for a change. If you sell now,

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Sellers Have Exceptional Leverage in Today’s Market

Uncategorized / JoAnne Hamberg

With mortgage rates climbing above 3% for the first time in months, serious buyers are more motivated than ever to find a home before the end of the year. Lawrence Yun, Chief Economist for the National Association of Realtors (NAR), puts it best, saying: “Housing demand remains strong as buyers likely want to secure a home before mortgage rates increase even further

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JoAnne Hamberg

Why Buying a Home Makes More Sense Than Renting Today

The Best Time To Sell Your Home Is Almost Here

Closing Costs: What You Need to Know

Pre-Approval in 2023: Everything You Need to Know

What Experts Predict Will Happen with Home Prices in 2023

Is the Real Estate Market Dying Down, or Is This a Housing Bubble?

Is Now A Good Time To Buy A House?

Housing Market Predictions for the Second Half of the Year

How to Win When You Sell This Winter

Sellers Have Exceptional Leverage in Today’s Market

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