Equity

In today’s digital age, it’s tempting to rely on automated tools for everything — including figuring out how much your house is worth. But be careful. The automated estimates you’re seeing online often miss key details that affect the true market value of your home. Before you toss a for sale sign in your yard and expect to bring in the number you saw for your house online, you need to...

https://redwoodhouseofrealestate.com/wp-content/uploads/2024/12/Why-This-Winter-Is-the-Sweet-Spot-for-Selling-Redwood-House-of-Real-Estate-Blog.mp4 This winter may be the sweet spot for sellers. If you want to take advantage of that, let’s connect to put a plan in motion. Why This Winter Is the Sweet Spot for...

One major reason why we’re not heading toward a foreclosure crisis is the high level of equity homeowners have today. Unlike in the last housing bubble - where many homeowners owed more than their homes were worth - today’s homeowners have far more equity than debt. That’s a big part of the reason why even though mortgage debt is at an all-time high - this isn’t 2008 all over again. As Bill...

Some Highlights If you’re planning to list your house in 2025 - it’s already time to start working on any repairs. But where do you start? Your local agent will be able to help you prioritize projects that will help you get the best return on your investment and appeal to what today’s buyers really want. If your goal is to sell your house next year - connect with an agent so you...

Don’t Let These Two Concerns Hold You Back from Selling Your House If you’re debating whether or not you want to sell right now - it might be because you’ve got some unanswered questions - like if moving really makes sense in today’s market. Maybe you’re wondering if it’s even a good idea to move right now. Or you’re stressed because you think you won't find a house you like. To put your...

What’s Motivating Homeowners To Move Right Now Over the past few years - some homeowners have decided to delay their move because they don’t want to sell and take on a higher mortgage rate on their next home. Maybe you’re thinking the same thing. And honestly - that’s no surprise. It’s a very common roadblock and is one of the biggest factors that’s kept the number of homes on the market so...

Why You Need an Agent To Set the Right Asking Price Some Highlights The #1 task sellers struggle with is setting the right asking price for their house. Without an agent’s help - you may set a price that turns away buyers and takes a long time to sell. To make sure your house is priced right - connect with a local agent. Because if the price isn’t compelling - it’s not...

How Real Estate Agents Take the Fear Out of Moving Feeling a bit unsure - or even afraid - to move with everything going on right now? The decision to move shouldn’t be scary - it should be exciting. And the best way to eliminate any fear is to work with a pro. Real estate agents are so much more than just transaction facilitators; they’re trusted guides to help you navigate the complexities of the...

Some Highlights You may be torn between buying a home now or waiting. But don’t forget to factor in the equity you’ll gain as prices rise. Experts forecast prices will climb over the next 5 years – and based on those forecasts - you could gain about $90k in equity in that time. So - you could wait - but you’ll miss out on a lot of equity if you do. If you’re ready and able to...

Did you know? Homeowners are often able to put more money down when they buy their next home. That’s because - once they sell - they can use the equity they have in their current house toward their next down payment. And it’s why as home equity reaches a new height - the median down payment has too. According to the latest data from Redfin - the typical down payment for U.S. homebuyers is $67...