Petersen Partners Real Estate Investment Services

03/14/2023

When thinking about where you’ll go after you sell your house, consider the benefits of both newly built homes as well as existing ones. Let’s chat today about the options in our market and what’s right for you.

03/10/2023

Buying a Home May Make More Sense Than Renting [INFOGRAPHIC]

If you’re trying to decide whether to rent or buy a home, there are a few things you should consider. Homeownership can help you escape the cycle of rising rents, builds your wealth, and serves as a hedge against inflation. If you’re ready to take advantage of the benefits of homeownership, DM me to explore your options.

Some HighlightsIf you’re trying to decide whether to rent or buy a home, there are a few things you should consider.Homeownership can help you escape the cycle of rising rents, builds your wealth, and serves as a hedge against inflation.

03/09/2023

Owning a home is a major way to build wealth. That’s why housing makes up a critical piece of someone’s net worth. DM me to talk about the value of investing in homeownership today.

03/07/2023

Could a Multigenerational Home Be the Right Fit for You?

During the pandemic, many of us reexamined the meaning of home for ourselves and our loved ones. Today, that can be seen in the recent rise in multigenerational households. According to Jessica Lautz, Deputy Chief Economist and Vice President of Economic Research at the National Association of Realtors (NAR):

“Multi-generational buying may be a home where families live in the same home with elderly parents, children who have boomeranged back home, or other extended family members. While this is not a new concept of living, it is one which has gained recent popularity.”

And citing data from Pew Research Center, the Wall Street Journal (WSJ) says:

“. . . multigenerational living has made a comeback in recent years, particularly after the 2008 financial crisis and during the pandemic.”

So, if buying a multigenerational home has crossed your...

During the pandemic, many of us reexamined the meaning of home for ourselves and our loved ones. 

03/03/2023

In today’s market, the way you price and market your house makes all the difference when you sell. DM me today to get expert advice on selling your house this spring.

03/02/2023

The Power of Your Home Equity

Homeowners have a significant amount of equity. Let’s connect so you can learn how much equity you have and how it can help you achieve your goals.

02/28/2023

In today’s housing market, there are more people who want to buy a home than there are houses for sale. While inventory is up from last year, it’s still below pre-pandemic levels – meaning it’s still a sellers’ market. If you want to take advantage of this sweet spot, let’s connect today.

02/24/2023

A homeowner’s net worth is 40X greater than that of a renter. You’re missing out on that wealth generation when you’re stuck renting. DM me today if you’re ready to build wealth through homeownership.

02/23/2023

If you’re thinking about selling your house, this is a great time to do so. The current number of homes for sale is still far below pre-pandemic numbers—and there aren’t enough houses on the market to satisfy buyer demand. If you’ve thought about selling, let’s chat today.

02/21/2023

The Two Big Issues the Housing Market’s Facing Right Now

The biggest challenge the housing market’s facing is how few homes there are for sale.

Let’s break down these two big issues in today’s housing market.

>>Rate-Locked Homeowners

Today, the typical mortgage rate offered to buyers is over 6%. As a result, many homeowners are opting to stay put instead of moving to another home with a higher borrowing cost. This is a situation known as being rate locked.

When so many homeowners are rate locked and reluctant to sell, it’s a challenge for a housing market that needs more inventory. However, experts project mortgage rates will gradually fall this year, and that could mean more people will be willing to move as that happens.

>>The Fear of Not Finding Something To Buy

The other factor holding back potential sellers is the fear of not finding another home to buy if they move. Worrying about...

The biggest challenge the housing market’s facing is how few homes there are for sale. Mark Fleming, Chief Economist at First American, explains the root causes of today’s low supply:

02/17/2023

The Spring Housing Market Could Be a Sweet Spot for Sellers [INFOGRAPHIC]

Some Highlights The biggest challenge in the housing market is how few houses there are for sale compared to the number of people who want to buy. The number of homes for sale is up from last year but below pre-pandemic numbers, and that means we’re still in a sellers’ market.

02/16/2023

While still showing some volatility, today’s mortgage rates are trending lower than 2022’s peak. If high rates last year made you pause your plans to buy a home, this spring could be your chance. DM me so we can talk more about if now’s the right time for you.