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Kim Abbott

Riding Real Estate Agent

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First-time Home Buyers: Why Splurging for a Larger Home Beats Condo Living

June 28, 2022 by Kim Abbott

Some first-time home buyers are on a tight budget when making their real estate purchase, and there may be an inclination by many to purchase a smaller property, such as a condo, rather than the home they truly want. While there may be some initial financial benefit associated with buying a smaller property, there are a few benefits associated with splurging and buying a larger home as a first purchase. By analyzing these benefits, first-time home buyers can make a more informed decision about how to proceed. Costs Associated With Upgrading In The Future Some people will purchase a smaller … [Read more...]

Filed Under: Home Buyer Tips Tagged With: Buying A Home, Home Buyer Tips, Real Estate Investing

What’s Ahead For Mortgage Rates This Week – June 27, 2022

June 27, 2022 by Kim Abbott

Last week’s economic reporting included readings on home sales, Fed Chair Jerome Powell’s testimony on monetary policy to the House Financial Services Committee, and the University of Michigan’s Consumer Sentiment Index. Weekly reports on mortgage rates and jobless claims were also released. New Home Sales Pace Rises as Pre-Owned Homes Sales Pace Slows The Commerce Department reported a seasonally-adjusted annual pace of 696,000 new homes sold in May; analysts predicted a year-over-year pace of 587,000 new homes sold as compared to April’s year-over-year pace of … [Read more...]

Filed Under: Financial Reports Tagged With: Case Shiller, Financial Report, Housing Market

Avoid These Home Projects If You Are Selling Your House Soon

June 24, 2022 by Kim Abbott

If you have paid attention to the housing market recently, you might be thinking about selling your home soon. You might even be thinking about taking on a few remodeling projects in an effort to maximize the return on your investment. On the other hand, not every project will help you turn a profit, and some might even make your house less appealing. Take a look at a few home remodeling projects your should avoid if you plan on selling your house soon. Remodeling The Bathroom You might be thinking about remodeling your bathroom to turn it into a miniature spa. While this might be attractive … [Read more...]

Filed Under: Mortgage Tagged With: Real Estate, Remodel, Resell Value

Staging Tips: How to Make Your Bedrooms One of Your Home’s Best Selling Features

June 23, 2022 by Kim Abbott

To potential homebuyers, a bedroom is more than just a place to lay your head at night. It's a place to relax, retreat, and recover, a place where the demands of the busy world are locked out. And with a properly staged bedroom, you can tap into potential buyers' desire for relaxation and make your home their number one pick. So how can you stage your bedroom in a way that buyers will love? Here are three strategies you can use to make your bedroom look like a modern oasis - without spending a fortune. Position The Bed In The Right Place One easy-to-change yet often overlooked detail in … [Read more...]

Filed Under: Home Seller Tips Tagged With: Home Seller Tips, Selling a Home, Staging

You Are A Serious Buyer: How To Show It

June 22, 2022 by Kim Abbott

Today, the housing market is as hot as it has ever been. There are many people who are missing out on their dream homes because they are having a hard time competing with countless other people who are in the same position as them. If you want to put yourself in the best position possible to win a bidding war, you might be thinking about paying cash for your home; however, not everyone is in the same financial position. There are a few other ways for you to show a seller's agent that you are serious about your offer. Get A Pre-Approval Letter This is arguably the most important step you … [Read more...]

Filed Under: Real Estate Tagged With: Buy or Sell, Real Estate

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Kim Abbott

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Recent Articles

  • First-time Home Buyers: Why Splurging for a Larger Home Beats Condo Living
  • What’s Ahead For Mortgage Rates This Week – June 27, 2022
  • Avoid These Home Projects If You Are Selling Your House Soon
  • Staging Tips: How to Make Your Bedrooms One of Your Home’s Best Selling Features
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