McBride Kelly Real Estate News & Advice

Buying a home is likely to be the largest purchase you make in your lifetime.  Helping you every step of the way is our job and we will perform it as efficiently and effectively as possible.  Our blog is intended to provide you with as much helpful background information and advice as possible.  Please reach out if you have any questions at all. We would love to talk with you!

Aug. 15, 2024

The Great Wealth Transfer: A New Era of Opportunity



In recent years, there’s been a significant shift in how wealth is distributed among generations. It’s called the Great Wealth Transfer.

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Posted in Market Updates
Aug. 15, 2024

What Credit Score Do You Really Need To Buy a House?



When you're thinking about buying a home, your credit score is one of the biggest pieces of the puzzle. Think of it like your financial report card that lenders look at when trying to figure out if you qualify, and which home loan will work best for you. As the Mortgage Report says:

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Posted in Home Buying Tips
Aug. 15, 2024

Is Affordability Starting To Improve?



Over the past couple of years, a lot of people have had a hard time buying a home. And while affordability is still tight, there are signs it's getting a little better and might keep improving throughout the rest of the year. Lawrence Yun, Chief Economist at the National Association of Realtors (NAR), says:

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Posted in Home Buying Tips
Aug. 5, 2024

What Every Homeowner Should Know About Their Equity




Curious about selling your home? Understanding how much equity you have is the first step to unlocking what you can afford when you move. And since home prices rose so much over the past few years, most people have much more equity than they may realize.

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Posted in Market Updates
Aug. 5, 2024

Should You Rent Out or Sell Your House?



Figuring out what to do with your house when you're ready to move can be a big decision. Should you sell it and use the money for your next adventure, or keep it as a rental to build long-term wealth?

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Posted in Seller Information
Aug. 5, 2024

The Biggest Mistakes Sellers Are Making Right Now



The housing market is going through a transition. Higher mortgage rates are causing more moderate buyer activity at the same time the supply of homes for sale is growing.

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Posted in Seller Information
July 26, 2024

How the Economy Impacts Mortgage Rates



As someone who’s thinking about buying or selling a home, you’re probably paying close attention to mortgage rates – and wondering what's ahead.

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Posted in Market Updates
July 26, 2024

Why Working with a Real Estate Professional Is Crucial Right Now



Navigating the housing market can be tricky, especially these days. That's why having an experienced guide when buying or selling a home is so important. The market isn't exactly straightforward right now, and working with a real estate expert can offer insights and advice that make all the difference.

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Posted in Home Buying Tips
July 26, 2024

Why Fixing Up Your House Can Help It Sell Faster



 If you’re thinking about selling your house, you should know there are buyers who are ready and able to pay today’s high prices. But they want a home that’s move-in ready. A recent press release from Redfin explains:

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Posted in Seller Information
June 20, 2024

Worried About Mortgage Rates? Control the Controllables



Chances are you’re hearing a lot about mortgage rates right now. You may even see some headlines talking about last week’s Federal Reserve (the Fed) meeting and what it means for rates. But the Fed doesn’t determine mortgage rates, even if the headlines make it sound like they do.

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Posted in Home Buying Tips