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!

Dec. 14, 2023

The Perfect Home Could Be the One You Perfect After Buying



There’s no denying mortgage rates and home prices are higher now than they were last year and that’s impacting what you can afford. At the same time, there are still fewer homes available for sale than the norm. These are two of the biggest hurdles buyers are facing today. But there are ways to overcome these things and still make your dream of homeownership a reality.

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Posted in Home Buying Tips
Dec. 7, 2023

Why You Should Use a Real Estate Agent When You Buy a Home



If you’ve recently decided you’re ready to become a homeowner, chances are you’re trying to figure out what to do first. It can feel a bit overwhelming to know where to start, but the good news is you don’t have to navigate all of that alone.

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Posted in Home Buying Tips
Dec. 7, 2023

How To Turn Homeownership into a Side Hustle



Does the rising cost of just about everything these days make your dream of owning your own home feel less within reach? According to Bankrate, many people are seeking additional income through side hustles, possibly to cope with those increasing expenses and save for a home. This trend is particularly popular with younger individuals who may be dealing with student loan debt (see graph below):

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Posted in Market Updates
Dec. 7, 2023

When You Sell Your House, Where Do You Plan To Go?



If you’re thinking about selling your house, you may have heard the supply of homes for sale is still low, and that means your house should stand out to buyers who are craving more options. But you may also be wondering, once you sell, how does the current supply impact your own move? And, will you be able to find a home you want to buy with inventory this low?

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Posted in Seller Information
Nov. 16, 2023

People Are Still Moving, Even with Today’s Affordability Challenges



If you're thinking about buying or selling a home, you might have heard that it’s tough right now because mortgage rates are higher than they’ve been over the past few years, and home prices are rising. That much is true. Take a look at the graph below. It breaks down how the current affordability situation stacks up to recent years.

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Posted in Market Updates
Nov. 16, 2023

Life-Changing Events That Move the Housing Market



Life is a journey filled with unexpected twists and turns, like the excitement of welcoming a new addition, retiring and starting a new adventure, or the bittersweet feeling of an empty nest. If something like this is changing in your own life, you may be considering buying or selling a house. That’s because through all these life-altering events, there is one common thread—the need to move.

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Posted in Market Updates
Nov. 9, 2023

How VA Loans Can Help Make Homeownership Dreams Come True



For more than 79 years, Veterans Affairs (VA) home loans have helped millions of veterans buy their own homes. If you or someone you care about has served in the military, it's essential to learn about this program and its advantages.

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Posted in Home Buying Tips
Nov. 9, 2023

Homeowner Net Worth Has Skyrocketed



If you’re weighing your options to decide whether it makes more sense to rent or buy a home today, here’s one key data point that could help you feel more confident in making your decision. Every three years, the Federal Reserve Board releases the Survey of Consumer Finances (SCF). That report covers the difference in net worth for both homeowners and renters. Spoiler alert: the gap between the two is significant.

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Posted in Market Updates
Nov. 9, 2023

Reasons To Sell Your House Before the New Year



As the year winds down, you may have decided it's time to make a move and put your house on the market. But should you sell now or wait until January? While it may be tempting to hold off until after the holidays, here are three reasons to make your move before the new year.

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Posted in Seller Information
Nov. 2, 2023

Don’t Believe Everything You Read About Home Prices



According to the latest data from Fannie Mae, 23% of Americans still think home prices will go down over the next twelve months. But why do roughly 1 in 4 people feel that way?

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Posted in Market Updates