The Roselli Team - Your Real Estate Experts

Americans are more aware than ever of the effects climate change and natural disasters can have on their homes. According to a   report   from   realtor.com: “ More than 3 in 4 recent buyers, 78%, took [natural disasters] into account when choosing the locations of their homes , . . .” The   study   also found that many existing homeowners (34%) have already considered selling their houses and moving to a new location because of the changing climate. If you’re like those homeowners and are weighing your options about what to do next, here’s some information to keep in mind as you begin the process of selling your existing house and searching for your new home. Do Your Research and Work with a Real Estate Advisor To Find a Home That Meets Your Needs As a homeowner, it’s impossible to control what types of weather events your home is exposed to. As Maiclaire Bolton Smith, Senior Leader of Research and Content Strategy for   CoreLogic ,   says : “You can’t necessarily remove the location

Last week, the average 30-year fixed   mortgage rate   from   Freddie Mac   jumped   from 3.22% to 3.45%. That’s the   highest point   it’s been in almost two years. If you’re thinking about buying a home, this news may have come as a bit of a shock. But the truth is, it wasn’t entirely unexpected. Experts have been calling for rates to rise in their 2022 projections, and the forecast is now becoming a reality. Here’s a look at the   projections   from   Freddie Mac   for this year: Q1 2022:   3.4% Q2 2022:   3.5% Q3 2022:   3.6% Q4 2022:   3.7% As the numbers show, this jump in rates is in line with the expectations from   Freddie Mac . And what they also indicate is that mortgage rates are projected to continue climbing throughout the year.   But should you be worried about rising   mortgage rates ? What does that really mean for you? As rates increase even modestly, they impact your monthly mortgage payment and overall   affordability . If you’re looking to buy a home, rising mortga

After almost two years of double-digit increases, many experts thought home price appreciation would decelerate or happen at a slower pace in the last quarter of 2021. However, the latest   Home Price Insights Report   from   CoreLogic   indicates while prices may have plateaued, appreciation has definitely not slowed. The following graph shows year-over-year appreciation throughout 2021.   December data has not yet been released. As the graph shows, appreciation has remained steady at around 18% over the last five months. In addition, the latest   S&P Case-Shiller Price Index   and the   FHFA Price Index   show a slight deceleration from the same time last year – it's just not at the level that was expected. However, they also both indicate there’s continued strong price growth throughout the country. FHFA reports all nine regions of the country still experienced double-digit appreciation. The   Case-Shiller 20-City Index   reveals all 20 metros had double-digit appreciation.

Many homeowners who plan to sell in 2022 may think the wise thing to do is to wait for the spring buying market since historically about   40 percent   of home sales occur between April and July. However, this year’s expected to be much different than the norm. Here are five reasons to list your house now rather than waiting until the spring. 1. Buyers Are Looking Right Now, and They’re Ready To Purchase The   ShowingTime Showing Index   reports data from more than six million property showings scheduled across the country each month. In other words, it’s a gauge of how many buyers are out looking at homes at the current time. The latest index, which covers   November showings , reveals that buyers are still very active in the market. Comparing this November’s numbers to previous years, this graph shows that the index is higher than last year and much higher than the three years prior to the pandemic. Clearly, there’s an influx of buyers searching for your home. Also, at this time of y

Selling your house is no simple task. And when you sell on your own – known as a FSBO (or   For Sale by Owner ) – you’re responsible for handling some of the more difficult aspects of the process without the expert guidance you need. The   2021 Profile of Home Buyers and Sellers   from the   National Association of Realtors   (NAR) surveys homeowners who recently sold their house on their own and asks what difficulties they faced. Those sellers say some of the biggest headaches are prepping their house for sale, pricing it right, and handling the required paperwork. Working with an agent is the best way to ensure you have an expert on your side to guide you at every turn.   Agents have the skills and knowledge that are essential to navigating each step with ease, efficiency, and accuracy. Here are just a few things a   real estate agent   will do to make sure you get the most out of your sale. 1. Make the Best First Impression Selling your house requires a significant amount of time an