Jenn Pfeiffer
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Blog - The Jenn Pfeiffer Team
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Blog

Headlines Have You Worried about Your Home’s Value? Read This.

From our friends at the kcm blog Hearing talk about home prices falling? That may leave you worried about whether your house is losing value. But here’s what you need to know. While some local markets have seen small price dips this year, home prices are not falling nationally. So, don’t let the headlines scare you. The vast majority of the country is actually seeing prices rise. While that may feel surprising after the headlines you’ve seen, the map below uses year-over-year data from the Federal Housing Finance Agency (FHFA) to make that clear: Let’s break down what this really shows. Most states are seeing prices rise (the blue in that map). Not fall. Now, the gains aren’t as big as...

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Is January the Best Time To Buy a Home?

From our friends at the kcm blog You may not want to put your homebuying plans into hibernation mode this winter. While a lot of people assume spring is the ideal time to buy a house, new data shows January may actually be the best time of year for budget-conscious buyers.  Kind of surprising, right? Here’s why January deserves a serious look. 1. Prices Tend To Be Lower This Time of Year Lending Tree says January is the least expensive month to buy a home. And there’s something to that. January has historically offered one of the lowest price-per-square-foot points of the entire year. But the spring? That’s when demand (and prices) usually peak. And that’s not...

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How To Stretch Your Options, Not Your Budget

From our friends at the kcm blog One of the biggest homebuying advantages you can give yourself today is surprisingly simple: a flexible wish list. Think of it like this. Your wish list and your budget are the guardrails of your search. And when your budget needs to hold firm, there’s another lever you can pull. That’s seeing if you truly need all of your desired features. Because the truth is, a small compromise could be the difference between feeling stuck and getting the keys to your next home. The data shows more buyers are using that strategy to offset affordability hurdles in today’s market. A recent study from Cotality found most buyers (70%) ended up compromising on one...

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Your Equity Could Change Everything About Your Next Move

From our friends at the kcm blog A lot of people are asking the same thing right now: “Is it even a good time to sell?” And the truth may come as a bit of a surprise… For many homeowners, the answer is a strong yes. Why? Because of one major factor working in your favor: your equity. Odds are, if you’ve lived in your home for a while, you know you have significant equity. But how much are we really talking about? The number might just change everything about your next move. The Hidden Wealth of Homeownership Here’s how it works. When you own a home, you build up something called equity. Each time you make a mortgage payment, you’re...

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Why Selling Your House This Winter Gives You an Edge

From our friends at the kcm blog Spring gets all the attention, but it’s not always the best time to sell a house. Yes, more buyers show up, but so do a lot of other sellers. Winter is different. With fewer homes on the market, your house has a much better chance of standing out. And that one advantage can make a big difference. Winter Is When Your Listing Stands Out History shows the number of homes for sale tends to drop during the winter months. It’s a trend that’s predictable almost every year. Data from Realtor.com shows this pattern clearly. Inventory dips in the winter (the green circles in the graph below), then climbs again...

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