Key Largo Realtor

In July, the average 30-year fixed-rate mortgage fell below 3% for the first time in history.1 And while many Americans have rushed to take advantage of this unprecedented opportunity, others question the hype. Are today’s rates truly a bargain?   While average mortgage rates have drifted between 4% and 5% in recent years, they haven’t always been so low. Freddie Mac began tracking 30-year mortgage rates in 1971. At that time, the national average was 7.31%.2 As the rate of inflation started to ris... read more

Add Value To Your Home With These 9 DIY Improvements

Posted by Kerry Millhiser on July 08, 2020 in  Advice
Whether you’re prepping your house to go on the market or looking for ways to maximize its long-term appreciation, these nine home improvement projects are great ways to add function, beauty, and real value to your home.   The best part is, once you’ve secured the materials, most of these renovations can be completed over the course of a weekend. And they don’t require a lot of specialized skills or experience. So grab your toolbox, then get ready to boost your home’s appeal AND investm... read more

Is Now a Good Time to Buy or Sell Real Estate?

Posted by Kerry Millhiser on June 08, 2020 in  Advice
Traditionally, spring is one of the busiest times of the year for real estate. However, the coronavirus outbreak—and subsequent stay-at-home orders—led many buyers and sellers to put their moving plans on hold. Nationally in April, new listings fell nearly 45%, and sales volume fell 15% compared to last year.1   Fortunately, as restrictions have eased, we’ve seen an uptick in market activity. And economists at expect a rebound in July, August, and September, as fears about the pan... read more

20 Ways to Save Money and Stretch Your Household Budget

Posted by Kerry Millhiser on May 05, 2020 in  Advice
These days, it seems like everyone’s looking for ways to cut costs and stretch their income further. Fortunately, there are some simple steps you can take to reduce your household expenses without making radical changes to your standard of living. When combined, these small adjustments can add up to significant savings each month.   Here are 20 things you can start doing today to lower your bills, secure better deals, and begin working toward your financial goals.   Refinance Your Mortgage - For pr... read more

Take Advantage of Your Home Equity: A Homeowner’s Guide

Posted by Kerry Millhiser on April 28, 2020 in  Advice
Take Advantage of Your Home Equity: A Homeowner’s Guide   Homeownership offers many advantages over renting, including a stable living environment, predictable monthly payments, and the freedom to make modifications. Neighborhoods with high rates of homeownership have less crime and more civic engagement. Additionally, studies show that homeowners are happier and healthier than renters, and their children do better in school.1  But one of the biggest perks of homeownership is the opportunity t... read more