If you’re a homeowner thinking about selling your house, you’re probably looking for the best time to make your move states  Michael Eastwood - Published Author/Chief Executive Officer of Bello Sol Inc-West USA Realty of Prescott . That means you’re likely balancing a number of factors, like your   changing needs , where you’ll go when you sell, and today’s   mortgage rates   in order to time it just right. According to recent data, that sweet spot could already be here. The latest  Home Purchase Sentiment Index  (HPSI) by  Fannie Mae  finds that 76% of consumers believe now is a  good time to sell . The graph below shows the percentage of survey respondents who say it’s a good time to sell a house. The big dip in March and April of 2020 reflects how consumer sentiment dropped at the beginning of the pandemic as uncertainty about the health crisis grew. Since then, the percentage has grown consistently as more people feel confident it’...

   Michael Eastwood - Published Author/Chief Executive Officer of Bello Sol Inc-West USA Realty of Prescott states.  That  Americans’ opinion on the value of owning real estate as an investment is climbing. That’s according to an annual   survey   from   Gallup . Not only is real estate viewed as the best investment for the ninth year in a row, but more Americans selected it than ever before. The graph below shows the results of the survey since  Gallup  began asking the question in 2011. As the trend lines indicate, real estate has been gaining ground as the clear favorite for almost a decade now: If you’re thinking about purchasing a home, let this poll reassure you. Even when  inflation  is high like today, Americans recognize owning a home is a powerful  financial decision . How an Investment in Real Estate Can Benefit You During High Inflation Because  inflation  reached its highest level in  40 years  ...

  As people realize their needs are changing, some are turning to luxury housing to find their dream home states  Michael Eastwood - Published Author/Chief Executive Officer of Bello Sol Inc-West USA Realty of Prescott .   Investopedia  helps define what pushes a home into this category. In a   recent article , they point out that a luxury home isn’t only defined by its price. Location is also an important factor. It could be a condo at a desirable city address, a spacious home on the water, or one with access to luxury activities like arts and entertainment, high-end shopping and dining, and more. The home itself will also boast some of the finest features available. According to the  Luxury Market Report  from the  Institute for Luxury Home Marketing ,  there’s been a substantial increase in how many buyers are purchasing luxury homes over the past two years.  It says: “. . . North America recorded the fastest growth of demand during t...

  If you’re looking to buy your first home, you’re likely balancing several factors.  Michael Eastwood - Published Author/Chief Executive Officer of Bello Sol Inc-West USA Realty of Prescott states.  Because both   mortgage rates   and   home prices   have risen this year, it costs more to buy a home than it did even just a few months ago.   But that doesn’t mean you have to put your plans on hold. If you partner with a trusted real estate advisor and hone your strategy, you can navigate today’s market and find the home you’re looking for. Here are two tips to help you get started. Work with a Professional To Prioritize Your Wish List If you’re having trouble finding a home in your budget that checks all the boxes, it may be worth taking another look at your lists of what you want and what you really need.  According  to the latest  First-Time Homebuyer Metro Affordability Report  from  NerdWallet , your  wish list ...

  If your lifestyle has changed recently and you’re ready to make a move, taking advantage of today’s   sellers’ market   might be just the answer for your   summer plans  states Michael  Eastwood - Published Author/Chief Executive Officer of Bello Sol Inc-West USA Realty of Prescott.  With homes continuing to get   multiple offers , this could be your moment to get the contract you’re looking for on your house if you’re ready to sell. And here’s the thing – you need an expert on your side to ensure you make all the right moves when you do, especially when it comes to pricing your house. Even in this  competitive market , you can’t stick just any price tag on your home and get the deal you want. A key piece of the puzzle is  setting the right asking price  so you can help buyers notice your home (and get excited about it) from the very first time they view the listing. That’s where a real estate professional comes in. Why Pricing Yo...

  June is   National Homeownership Month , and it’s the perfect time to reflect on how impactful owning a home can truly be states  Michael Eastwood - Published Author/Chief Executive Officer of Bello Sol Inc-West USA Realty of Prescott . When you purchase a house, it becomes more than just a space you occupy. It’s your stake in the   community , an   investment , and a place you can put your stamp on. If you’re thinking about buying a home this year, here are some of the benefits you’ll experience when you do. The Emotional Benefits of Homeownership Because it’s a place that’s uniquely yours, owning a home can give you a sense of pride and  happiness  in several ways. Your Home Can Reflect Your Tastes and Personality Investopedia  puts it like  this : “One often-cited benefit of homeownership is the knowledge that you  own your little corner of the world. ” That knowledge can lead to a powerful,  emotional connection  to the p...