Peterson & Associates

Top 3 Housing Market Predictions for 2022

1. Increased interest in renovation loans. Where limited inventory is available, renovations (and the loans for them) are becoming the more desirable option! In the first quarter of last year, estimated growth for remodeling spending exceeded the Leading Indicator of Remodel Activity (LIRA) expectations. This year, the LIRA’s prediction for renovation and repair growth is …

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Don’t Tackle Selling Your Home on Your Own – an Agent Can Help

If you’re looking to maximize your sale and minimize your effort, you need to work with a trusted real estate professional. In a seller’s market like today’s, it can be tempting to list your house on your own, known as “for sale by owner.” But the truth is, a real estate professional can save you …

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Experts Project Mortgage Rates Will Continue to Rise in 2022

Mortgage rates are one of several factors that impact how much you can afford if you’re buying a home. When rates are low, they help you get more house for your money. Within the last year, mortgage rates have hit the lowest point ever recorded, and they’ve hovered in the historic-low territory. But even over the past …

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3 Things Buyers Often Regret Compromising on in Their New Homes

It’s often necessary for homebuyers to make compromises based on their budgets. You might start out with a wish list of features you want your new home to have, but as you learn just how much those things actually cost, things get crossed off one by one. Compromise too much, though, and you might find …

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How Colors Affect Your Mood Plus 4 Ways to Use It to Your Advantage

Color can have a powerful effect on the way we feel when we walk into a room. Certain shades can trigger feelings of warmth and comfort, inspire joyful spirits, or establish a soothing ambiance. It all comes down to color theory, which attempts to explain how humans perceive color and how different hues relate to each other. “The …

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