by Jesse Murphy | Oct 18, 2024 | Buying, Resources
I’ve always said, don’t try to time the real estate market. The timing should depend on your personal scenario and readiness. Even for buyers that are looking at times that rates are increasing, there will be future opportunities to refinance when rates...
by Jesse Murphy | Jul 18, 2024 | Buying, Resources
Purchasing a home should be an exciting experience, not a stressful one. Here are some key tips to ensure a smooth process: Timing matters less than you think: If you’re ready to buy a home and find one that fits your needs, don’t overthink market conditions....
by Jesse Murphy | Mar 7, 2023 | Investment & Rental Property, Buying
Thinking about buying or exchanging an investment property? I built an easy, fill-in-the-blank spreadsheet that helps assess cash flow and return rates on a rental property—for either short-term or long-term options. It’s always wise to review the numbers and...
by Jesse Murphy | Mar 7, 2023 | Buying, Resources, Selling
No one has a crystal ball for the market. The better option for understanding market changes is to review reliable data. Ada County Market Highlights from January $487,500 – The median sales price for an Ada County home 91.9% – Average Percent of Original...
by Jesse Murphy | Oct 17, 2022 | Buying, Mortgage
Trying to time the market can work about as well as using tea leaves to predict the future. This piece by Keeping Current Matters, shared with me by a friend in the industry, covers a few of the home-buying realities created by rising interest rates. It’s been made...
by Jesse Murphy | May 18, 2022 | Buying, Mortgage, Resources
At first glance there seems to be a lot of doom around rising mortgage rates. However, a more balanced market benefits everyone, especially in the long-term. So it’s not all bad news! Yes, a higher interest rate will increase the cost of a loan to buy a home. However,...
Recent Comments