What a crazy market this has been in 2018. I’m seeing things I’ve never seen in real estate. Here are just a few of the crazies: 1. Some buyers are waiving their right to a home inspection. That’s taking on some risk! 2. Buyers are waiving their appraisal contingency. Many Read More
Author: bakerrealty
When Will Interest Rates Rise?
When will interest rates get back to historical levels? Great question! The Fed just signaled that the prime lending rate will be increased another quarter point, but the 30 year fixed mortgage interest rate continues to hover around 4%. Let’s put this in historical perspective. Historically, the 30-year fixed mortgage Read More
Spring 2017 Update
The daffodils are popping up all around. And so are the real estate for sale signs! 2017 is already off to a strong start, similar to last year. Here are some of the trends and tendencies that I’m watching: 1. Rising interest rates. Is this the year that we see 6% Read More
2017 Real Estate Projections
The 2016 real estate market was one of the best ever. Record low inventory, a relatively stable local economy and continuing low interest rates all contributed to the hot Columbus real estate market. Here are some of the key trends I’m watching that all lead me to believe that 2017 Read More
Home Purchase & Education Go Hand in Hand
For many families, schools are an essential consideration when searching for a new home. However, most property searches only offer property related criteria such as price, beds, baths, and square feet. As such, locating properties that meet the criteria for your family and your child’s education can be challenging, especially Read More
How to Track Your Home’s Value
Buying a home is generally the single largest purchase that we make in our lifetimes and most of us are interested in not only the value of our properties, but also the general value of like properties in our neighborhoods. Whether you have just moved into a new home or Read More
Become an Expert on New Homes Hitting the Market
Knowledge is power and early knowledge can offer you a powerful advantage, especially in tight real estate markets. Those who find properties first gain an edge by being the first have a chance to see new properties and thus the first to make offers. More often than not, this first Read More