Be Right at Home Winona

Rising Costs and Reduced Inventory Challenge Home Ownership

Housing inventory shortage creates major roadblock on the road to homeownership.
Posted by Anna Jotham on October 22, 2019 in No Category
River Valley region homebuyers are now facing their second consecutive year of inventory shortages. And as happens when demand overwhelms supply, prices increase. It’s the perfect storm to keep first-time buyers from achieving the American dream. But it’s also the perfect formula for motivating creative ways to save for a down payment. In a recent Bankrate survey, almost half of millennials (ages 23 to 38) said the cost of living was keeping them from buying a home. But they’re not the only o... read more
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Steps to Build Equity in Your Home

Owning more of your home creates opportunities for you
Posted by Anna Jotham on September 09, 2019 in No Category
As a homeowner, building equity in your home is one of the best ways to open doors to opportunities in the future. Your home equity can, for example, be used to pay college tuition for one of the kids, build your retirement savings or free you up to buy the vacation home of your dreams. Equity can also help you remodel your current home — imagine at last having that chef’s kitchen you’ve always dreamed of or a three-season porch. Thinking of the many ways you could leverage the equity in your home... read more
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4 Things You Should Know About New Construction

Prepare for the unexpected with these insights into your new home
Posted by Anna Jotham on August 23, 2019 in No Category
Prepare for the unexpected with these insights into your new home.There’s nothing quite like being the first to live in a new home. Carpet no one has spilled on yet. Door frames no one has dinged. A yard where your kids will be the first to play. That new house smell (even better than that new car smell!). Purchasing new construction definitely has its perks over older homes. But there are several surprises that new home owners can bump up against if they haven’t done their homework. And these are aspec... read more
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Regional Housing Market Outlook 2019

Hint: Inventory Shortage Set to Continue
Posted by Anna Jotham on July 08, 2019 in No Category
Hint: Inventory shortage set to continue... There continues to be good news for home sellers in our region and challenging news for home buyers in the coming months. Demand continues to remain high in the midst of an inventory shortage, which shows no signs of abating anytime soon. For sellers, that means it’s likely going to remain a good time to sell, with loads of competition for starter- and mid-range residential properties commanding favorable prices. For buyers, it means finding the home of your dreams ... read more
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We’ve all heard those horror stories about buying or selling a home: buying too high, selling too low, buying a house full of issues, financing that never materializes. Buying or selling a home can be stressful enough without any of those surprises. Following these four simple tips can help you avoid about 90 percent of the most common problems. USE AN AGENT. For most, buying or selling a home is the biggest financial transaction they’ll ever make. It just makes sense to have an expert at your side. Ag... read more
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