Expectations that the Federal Reserve would raise rates to combat significant inflation have come to pass, with a modest 0.25% increase in the rate. The Federal Reserve has stated that it remains committed to restoring inflation to its 2.0% target, which will likely include further rate increases in the future. The rest of the week featured a light economic calendar with very few impactful releases, leaving the Federal Reserve’s rate decision as the primary driver of market activity.FOMC … [Read more...]
The Five-Minute Test: What Happens When You Sit Quietly Inside a Home?
Most home showings involve constant movement. Buyers walk from room to room, open closets, discuss features, ask questions, and imagine where their furniture might go. With all that activity, it is easy to miss something surprisingly important: what the home sounds like. Before leaving a serious contender, try spending five minutes doing absolutely nothing. Stop Talking and Start ListeningChoose a room where you expect to spend significant time, such as the living room or primary bedroom. … [Read more...]
Why You Should Visit a Home When the Neighbors Are Home
A home showing at 11 a.m. on a Wednesday can give you an excellent look at the property. It may not give you an accurate picture of the neighborhood. Many residents are at work, children are at school, vehicles are gone, and the street may be unusually quiet. Before buying, consider visiting again when the neighbors are actually home. Come Back After WorkA neighborhood can change considerably between afternoon and evening. When residents return from work, you may discover that street parking … [Read more...]
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