My Home On The Cape's Blog

March 14, 2024

Thinking About Using Your 401(k) To Buy a Home?

Using a 401(k) to buy a home is a personal decision that requires careful consideration. While it can be an option, there are several factors to keep in mind. Here are a few things to consider before making a decision Remember, purchasing a home is a substantial financial commitment, and it’s crucial to thoroughly evaluate…

March 7, 2024

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

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

February 22, 2024

The Risks of Selling Your House on Your Own

Selling your house on your own, also known as “For Sale By Owner” (FSBO), can be tempting for some homeowners who want to save on real estate agent commissions. However, it’s important to understand the risks involved in this approach. Here are a few potential challenges you may face when selling your house on your…

February 15, 2024

The Direction of Mortgage Rates

The direction of mortgage rates is influenced by several factors, including economic conditions, inflation, monetary policy, and market demand. While it is challenging to predict the future with certainty, here are some factors to consider when assessing whether higher mortgage rates are here to stay It is important to keep in mind that while mortgage…

February 8, 2024

Key Skills You Need Your Listing Agent To Have

When choosing a listing agent for your real estate needs, there are several key skills and qualities you should look for. Here are some important ones: Scott and Mary Tynell, professional real estate agents, possess key skills to enhance your chances of a successful and profitable home sale. Contact them today!

January 25, 2024

10 Fatal Mistakes That Will Kill the Sale of Your Home

While it might seem a little dramatic to call a seller’s mistakes fatal, especially over something as innocuous as selling your home, selling a home is serious business. Not approaching it as such is a surefire way for your home to remain on the market. Selling your home does not have to be an emotional…

January 18, 2024

Why Your House Didn’t Sell

If your listing expired and your house didn’t sell, you’re likely feeling a little frustrated. Not to mention, you are also probably wondering what went wrong. Here are three questions to think about as you figure out what to do next. Did You Limit Access to Your House?One of the biggest mistakes you can make…

January 11, 2024

Causes of Buyer’s Remorse After Buying a House

Buyer’s remorse, a feeling of regret or doubt after making a significant purchase, can sometimes occur after buying a house. Here are some common causes of buyer’s remorse in the context of homeownership: To minimize the risk of buyer’s remorse, take your time during the home-buying process. Conduct thorough research, seek professional advice, and consider…

January 4, 2024

Are You a Homebuyer Worried About Climate Risks?

The increasing effects of natural disasters are leading to new obstacles in residential real estate. As a recent article from CoreLogic explains: “As the specter of climate change looms large, the world braces for unprecedented challenges. In the world of real estate, one of those challenges will be the effects of natural catastrophes on property…

December 28, 2023

Get Ready for Smaller, More Affordable Homes

In recent years, there has been a growing trend towards smaller, more affordable homes. This shift is influenced by various factors, including changing demographics, economic conditions, and evolving lifestyle preferences. Here are a few reasons why smaller, more affordable homes are gaining popularity: Affordability: With rising housing costs, many prospective homebuyers are looking for more…