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Showing posts with the label selling your home

Google Doesn’t Lie: Homebuyer Searches Hit a Two-Year High

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  If you’ve been wondering whether buyers are still out there, here’s your answer: yes.  And they’re looking more online than they have in two years. Even before last week’s big mortgage rate news (ICYMI, rates dipped to 6.55% on August 7), online searches for “homes for sale” were climbing fast in July. That means plenty of people were already getting serious about finding their next home. The kicker? After that dip, mortgage applications jumped. And now, rates just dropped again. On August 13, they hit a new low of 2025, decreasing to 6.53%, according to Mortgage News Daily.  Translation: buyer motivation isn’t just alive… it’s picking up speed. Google Search Trends Google Trends tracks the popularity of specific search phrases over time. And two big ones, “homes for sale” and “houses for sale,”   both hit a two-year high in July , back when mortgage rates were still in the high 6s.  That’s huge, because online search activity is often the first sign that d...

Thinking of Downsizing? Read This First

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  If you’ve owned your home for more than a few years, chances are you’re sitting on a significant amount of equity, and possibly wondering if now’s the time to downsize. According to a recent Realtor.com analysis , baby boomers—those born between 1946 and 1964—own an estimated $18 to $19 trillion worth of real estate. That’s nearly half of the housing wealth in the U.S. Whether your kids are out of the house, you're retiring, or just want less maintenance, selling your longtime home can unlock major financial and lifestyle opportunities. But it also comes with questions: Where will you go next? How do you maximize your return? What steps should you take before listing? Here’s a complete guide to help you move forward with clarity, confidence, and a plan that preserves your wealth. Step 1: Understand Your Equity Position You probably already know your home’s value has gone up. But do you know by how much ? Your equity is the difference between your home’s market value and what you...