Blog
Low Inventory Causes Home Prices to Accelerate
The National Association of Realtors (NAR) released their latest Quarterly Metro Home Price report earlier this month. The report revealed that home prices are not only continuing to rise but that the increases are accelerating. Lawrence Yun, Chief Economist at NAR, discussed the impact of low inventory on buyers in the report: “Without a significant... Read More
Why Winter IS A Good Time To Sell Your Home
If you tell most people that you’re thinking about selling your home in February, you’ll probably get some weird looks. Chances are, more than a few people will ask, “Why the heck aren’t you waiting until the spring?” It is true that real estate has high and low selling seasons. No surprise there. And, traditionally,... Read More
Mortgage Rates Again At Historic Lows
Just two weeks ago, we posted an article discussing where mortgage interest rates may be heading over the next twelve months. We quoted projections from Fannie Mae,Freddie Mac, the Mortgage Bankers’ Association and the National Association of Realtors. Each predicted that rates would begin to rise slowly and steadily throughout 2016. However, shaky economic news and a volatile stock market have... Read More
Do You Know How Much Equity You Have In Your Home? You May Be Surprised!
CoreLogic’s latest Equity Report revealed that 256,000 properties regained equity in the third quarter of 2015. This is great news for the country, as 92% of all mortgaged properties are now in a positive equity situation. Price Appreciation = Good News For Homeowners Frank Nothaft, CoreLogic’s Chief Economist, explains: “Home price growth continued to lift borrower equity positions and increase... Read More
Tips to Save You Money at Home
We’re well into 2016, but you remember the utility bills from last winter and want to lower those bills. Home improvement expert Bob Vila has some ideas to help. Audit your energy Vila’s first suggestion is to ask your utility company to do an audit; however, Westar does not provide that service in Wichita. You... Read More
Throwback Ideas for Interior Color
Although winter has been calm so far, we’ve only made it to the middle. Six more weeks until the drab camouflaged colors of winter turn to green and spring once again fills us with new life. Until then, you can accelerate the warm temperatures and fresh colors with plants inside. Terrariums are making a comeback.... Read More
No Matter Which Groundhog You Listen To, You Should Sell Before Spring!
Is spring closer than we think? Depending on which Groundhog you witnessed today, you may have less time than you think to get your home on the market before the busy spring season. Many sellers feel that the spring is the best time to place their home on the market as buyer demand traditionally increases... Read More
Should I Buy Now or Wait Until Next Year?
Buying a home is a big decision and often an easy one to put off. Our agents have years of experience and a keen eye for finding homes to match their clients’ needs. With interest rates set to rise and home prices set to appreciate in the next 12 months, now may be the perfect time to... Read More
Select Homes Leads Auction for Local Nonprofit
The closing event to the 7th annual American Collegiate Society for Adapted Athletics Wheelchair Basketball Bash was held Saturday, January 16, at the Hyatt Regency and Select Homes was involved in a big way. Five premium packages were up for bid in a live auction and leading that portion of the evening was Mike... Read More