Wes Dorsey's Blog Posts

The Main Reason Mortgage Rates Are So High πŸ“ˆ

Today’s mortgage rates are top-of-mind for many homebuyers right now. As a result, if you’re thinking about buying for the first time or selling your current house to move into a home

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Keys to Success for First-Time Homebuyers πŸ”‘

Buying your first home is an exciting decision and a major milestone that has the power to change your life for the better. As a first-time homebuyer, it’s a vision you can bring to life, but,

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Today’s Real Estate Market: The β€˜Unicorns’ Have Galloped Off πŸ¦„

Comparing real estate metrics from one year to another can be challenging in a normal housing market. That’s due to possible variability in the market making the comparison less meaningful or

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The Benefits of Selling Now, According to Experts πŸ€”πŸ’ͺ

If you’re trying to decide if now’s the time to sell your house, here’s what you should know. The limited number of homes available right now gives you a big advantage. That&rsquo

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Owning a Home Helps Protect Against Inflation πŸ πŸ’°

You’re probably feeling the impact of high inflation every day as prices have gone up on groceries, gas, and more. If you’re a renter, you’re likely experiencing it a lot as your

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Why Buyers Need an Expert Agent by Their Side πŸ€πŸ§‘β€πŸ’»

The process of buying a home can feel a bit intimidating, even under normal circumstances. But today's market is still anything but normal. There continues to be a very limited number of homes for

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Powerful Job Market Fuels Homebuyer Demand πŸ’ͺπŸ“ˆ

The spring housing market has been surprisingly active this year. Even with affordability challenges and a limited number of homes for sale, buyer demand is strong, and getting stronger.One way we

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What You Need To Know About Home Price News πŸ“°πŸ€”

The National Association of Realtors (NAR) will release its latest Existing Home Sales Report tomorrow. The information it contains on home prices may cause some confusion and could even generate

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The Worst Home Price Declines Are Behind Us πŸ πŸ“ˆ

If you’re following the news today, you may feel a bit unsure about what’s happening with home prices and fear whether or not the worst is yet to come. That’s because today’s

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The Impact of Inflation on Mortgage Rates πŸ πŸ€”

If you’re reading headlines about inflation or mortgage rates, you may see something about the recent decision from the Federal Reserve (the Fed). But what does it mean for you, the housing

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Why Today’s Housing Market Is Not About To Crash πŸ’₯πŸš€

There’s been some concern lately that the housing market is headed for a crash. And given some of the affordability challenges in the housing market, along with a lot of recession talk in the

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It May Be Time To Consider a Newly Built Home πŸ”¨

If you’re looking to buy a house, you may find today’s limited supply of homes available for sale challenging. When housing inventory is as low as it is right now, it can feel like a bit

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Reasons To Sell Your House Today [INFOGRAPHIC] πŸ€”πŸ 

Some HighlightsNot sure if selling your house is the right move today? You should know there are a number of reasons it still makes sense to sell now.Your house will stand out because inventory is

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How Homeowners Win When They Downsize πŸ“‰πŸ†

Downsizing has long been a popular option when homeowners reach retirement age. But there are plenty of other life changes that could make downsizing worthwhile. Homeowners who have experienced a

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Buyer Activity Is Up Despite Higher Mortgage Rates πŸ“ˆπŸ‘€

If you’re a homeowner thinking about making a move, you may wonder if it’s still a good time to sell your house. Here’s the good news. Even with higher mortgage rates, buyer

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A Recession Doesn’t Equal a Housing Crisis πŸ€”πŸ‘€

Everywhere you look, people are talking about a potential recession. And if you’re planning to buy or sell a house, this may leave you wondering if your plans are still a wise move. To help

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Why Buying a Home Makes More Sense Than Renting Today πŸ€”

Wondering if you should continue renting or if you should buy a home this year? If so, consider this. Rental affordability is still a challenge and has been for years. That’s because,

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Ways To Overcome Affordability Challenges in Today’s Housing Market. [INFOGRAPHIC]

Some HighlightsWith so few homes on the market right now, widening the scope of your search to include nearby areas could help you find more options in your budget.You can also work with a trusted

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Why Today's Foreclosure Numbers Are Nothing Like 2008 πŸ“ˆπŸ€”

You’ve likely seen headlines about the number of foreclosures climbing in today’s housing market. That may leave you with a few questions, especially if you’re thinking about

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The Three Factors Affecting Home Affordability Today πŸ“ˆ

There’s been a lot of focus on higher mortgage rates and how they’re creating affordability challenges for today’s homebuyers. It’s true that rates climbed dramatically since

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What Are the Experts Saying About the Spring Housing Market? 🌼🌻

The housing market’s been going through a lot of change lately, and there’s been uncertainty surrounding what will happen this spring. You may be wondering if more homes will go on the

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The Power of Pre-Approval βœ…

If you’re buying a home this spring, today’s housing market can feel like a challenge. With so few homes on the market right now, plus higher mortgage rates, it’s essential to have

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What’s the Difference Between a Home Inspection and an Appraisal? πŸ πŸ”πŸ πŸ’°πŸ€”

If you’re planning to buy a home, an inspection is an important step in the process. It assesses the condition of the home before you finalize the transaction. It’s also a different step

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What’s the Difference Between a Home Inspection and an Appraisal? πŸ”πŸ“ˆ

If you’re planning to buy a home, an inspection is an important step in the process. It assesses the condition of the home before you finalize the transaction. It’s also a different step

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5 Reasons Millennials Are Buying Homes πŸ πŸš€

In the United States, there are over 72 million millennials. If you’re part of that generation and have thought about buying a home, you aren’t alone. According to Zonda, 98% of

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Think Twice Before Waiting for Lower Home Prices πŸ€”

As the housing market continues to change, you may be wondering where it’ll go from here. One factor you’re probably thinking about is home prices, which have come down a bit since they

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🏠 Home Inspections for Sellers: What You Need To Know [INFOGRAPHIC]

Some HighlightsThe inspection is a major part of the home selling process.Many buyers used to waive inspections to be more competitive with their offer, but recently, inspections and repairs are

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Want To Sell Your House This Spring? Price It Right. πŸ’°

Over the last year, the housing market’s gone through significant change. While it’s still a sellers’ market, homes that are priced right are selling, and they get the most

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The Big Advantage If You Sell This Spring 🎯

Thinking about selling your house? If you’ve been waiting for the right time, it could be now while the supply of homes for sale is so low. HousingWire shares:“. . . the big question is

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🌻Homebuyer Activity Shows Signs of Warming Up for Spring🌻

The spring season appears to be warming up in housing as more and more buyers enter the market. And after rising mortgage rates sidelined so many buyers last year, that’s a good sign for

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The Key Advantage of Investing in a Home 🏠 [INFOGRAPHIC]

Some HighlightsBuying a home is a major way to build wealth and gain financial stability.That’s why, across different income levels, the largest part of most homeowners’ net worth is

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Trying To Buy a Home? Hang in There!

We’re still in a sellers’ market. And if you’re looking to buy a home, that means you’re likely facing some unique challenges, like difficulty finding a home and volatile

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Why Aren’t Home Prices Crashing??

There have been a lot of shifts in the housing market recently. Mortgage rates rose dramatically last year, impacting many people’s ability to buy a home. And after several years of rapid

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Two Reasons You Should Sell Your House This Spring

Wondering if you should sell your house this year? As you make your decision, think about what’s motivating you to consider moving. A recent survey from realtor.com asked

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How Homeownership Is Life Changing for Many Women πŸ‘©

Throughout Women’s History Month, we reflect on the impact women have in our lives, and that includes impact on the housing market. In fact, since at least 1981, single women 

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Benefits of Getting Pre-Approved for a Mortgage

As a real estate expert, I highly recommend getting pre-approved for a mortgage before beginning your home search. This will give you a clear understanding of your budget and enable you to focus

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Listing Your Home for the Best Price

If your plan for 2019 includes selling your home, you will want to pay attention to where experts believe home values are headed. According to the latest Home Price Index from 

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