Blog - Brooke Marie Collective

What Buyers and Sellers Need To Know About the Appraisal Gap

by cindy | Sep 20, 2021 | Notes from Brooke | 0 comments

It’s economy 101 – when supply is low and demand is high, prices naturally rise. That’s what’s happening in today’s housing market. Home prices are appreciating at near-historic rates, and that’s creating some challenges when it comes to home appraisals. In recent...

Reasons You Should Consider Selling This Fall

by cindy | Sep 7, 2021 | Notes from Brooke | 0 comments

If you’re trying to decide when to sell your house, there may not be a better time to list than right now. The ultimate sellers’ market we’re in today won’t last forever. If you’re thinking of making a move, here are four reasons to put your house up for sale sooner...

5 Reasons Today’s Housing Market Is Anything but Normal

by cindy | Sep 2, 2021 | Notes from Brooke | 0 comments

There are many headlines out there that claim we’re reverting to a more normal real estate market. That would indicate the housing market is returning to the pre-pandemic numbers we saw from 2015-2019. But that’s not happening. The market is still extremely vibrant as...

Selling Your House? Make Sure You Price It Right.

by cindy | Jul 10, 2021 | Notes from Brooke | 0 comments

There’s no denying we’re in a sellers’ market. With low inventory and high buyer demand, homes today are selling above the asking price at a record rate. According to the latest Realtors Confidence Index Survey from the National Association of Realtors (NAR): Homes...

Save Time and Effort by Selling with an Agent

by cindy | Jun 28, 2021 | Notes from Brooke | 0 comments

Selling a house is a time-consuming process – especially if you decide to do it on your own, known as a For Sale By Owner (FSBO). From conducting market research to reviewing legal documents, handling negotiations, and more, it’s an involved and highly detailed...

Hope Is on the Horizon for Today’s Housing Shortage

by cindy | Jun 17, 2021 | Notes from Brooke | 0 comments

The major challenge in today’s housing market is that there are more buyers looking to purchase than there are homes available to buy. Simply put, supply can’t keep up with demand. A normal market has a 6-month supply of homes for sale. Anything over that indicates...

How Much Down Payment Do You Need for a House?

by cindy | Jun 11, 2021 | Notes from Brooke | 0 comments

Before you start shopping for a home, you need to know what you can afford – and a big part of that depends on how much you can afford as a down payment. But how much down payment do you need to be able to afford the house you want? The answer isn’t the same for...

This Isn’t a Bubble. It’s Simply Lack of Supply.

by cindy | Apr 23, 2021 | Notes from Brooke | 0 comments

Are We In A Housing Bubble? In a recent article, Lawrence Yun, Chief Economist for the National Association of Realtors (NAR), discussed the state of today’s housing market. When addressing whether or not today’s high buyer competition and rising home prices are...

What Credit Score Do You Need for a Mortgage?

by cindy | Apr 13, 2021 | Notes from Brooke | 0 comments

According to data from the most recent Origination Insight Report by Ellie Mae, the average FICO® score on closed loans reached 753 in February. As lending standards have tightened recently, many are concerned over whether or not their credit score is strong enough to...

Why Choosing the Right Real Estate Agent Really Matters

by cindy | Apr 5, 2021 | Notes from Brooke | 0 comments

Real estate agents all have different personalities, negotiation styles, and values, and these have an impact on the way they treat their clients, find houses, and strike deals. While it may seem like real estate agents come a dime a dozen, a good one can get you top...