Shea Hannay's Blog Posts

What Past Recessions Tell Us About the Current Housing Market

What Past Recessions Tell Us About the Current Housing MarketIt doesn’t matter if you’re someone who closely follows the economy or not, chances are you’ve heard whispers of an

Read More

The 3 Factors That Affect Home Affordability

The 3 Factors That Affect Home AffordabilityIf you’ve been following the housing market over the last couple of years, you’ve likely heard about growing affordability challenges. But

Read More

Have Home Values Hit Bottom?

Have Home Values Hit Bottom?Whether you’re already a homeowner or you’re looking to become one, the recent headlines about home prices may leave you with more questions than

Read More

Key Terms To Know When Buying a Home

Key Terms To Know When Buying a Home Some HighlightsBuying a home is a major transaction that can seem even more complex when you don’t understand the terms used throughout

Read More

PreApproval in 2023: What You Need To Know

PreApproval in 2023: What You Need To KnowOne of the first steps in your homebuying journey is getting pre-approved. To understand why it’s such an important step, you need to

Read More

Want To Sell Your House? Price It Right

Want To Sell Your House? Price It RightLast year, the housing market slowed down in response to higher mortgage rates, and that had an impact on home prices. If you’re thinking of selling

Read More

What To Know If You’re Pursuing Your Dream of Homeownership

What To Know If You’re Pursuing Your Dream of HomeownershipIf you’re a young adult, you may be thinking about your goals and priorities for the months and years ahead. And if 

Read More

Your Home Could Be the #1 Item on a Homebuyer’s Wish List During the Holidays

Your Home Could Be the #1 Item on a Homebuyer’s Wish List During the HolidaysEach year, homeowners planning to make a move are faced with a decision: sell their house during the

Read More

Why There Won’t Be a Flood of Foreclosures Coming to the Housing Market

Why There Won’t Be a Flood of Foreclosures Coming to the Housing MarketWith the rapid shift that’s happened in the housing market this year, some people are raising concerns that we;

Read More

3 Ways You Can Use Your Home Equity

3 Ways You Can Use Your Home EquityIf you’re a homeowner, odds are your equity has grown significantly over the last few years as home prices skyrocketed and you made your monthly

Read More

Is the Real Estate Market Slowing Down, or Is It a Housing Bubble?

Is the Real Estate Market Slowing Down, or Is It a Housing Bubble?The talk of a housing bubble in the coming year seems to be at a fever pitch as rising mortgage rates continue to slow

Read More

Buyers Are Regaining Some of Their Negotiation Power in Today’s Housing Market

Buyers Are Regaining Some of Their Negotiation Power in Today’s Housing MarketIf you're thinking about buying a home today, there's welcome news. Even though it’s still a sellers

Read More

3 Things Buyers Can Do in Today’s Housing Market

3 Things Buyers Can Do in Today’s Housing MarketIt’s clear the 2022 housing market has been defined by rising mortgage rates. With rates on the rise, it’s also become more

Read More

Getting Your House Ready To Sell? Work with Me for Expert Advice

Getting Your House Ready To Sell? Work with Me for Expert AdviceIn a market that’s shifting as fast as it is today, many homeowners wonder what, if anything, needs to be renovated

Read More

Should I Sell My Home This Year?

Should I Sell My Home This Year?There’s no denying the housing market is undergoing a shift this season as buyer demand slows and the number of homes for sale grows. But that

Read More

Expert Forecast on Mortgage Rates

Expert Forecast on Mortgage RatesIf you’ve been thinking of buying a home, you may have been watching what’s happened with mortgage rates over the past year. It’s true they

Read More

Here’s Why It’s Still a Sellers’ Market

Here’s Why It’s Still a Sellers’ MarketSome HighlightsWhile buyer demand has moderated and housing supply has grown in recent months, it’s still a sellers;

Read More

New Homes May Have the Incentives You’re Looking for Today

New Homes May Have the Incentives You’re Looking for TodayAccording to the U.S. Census Bureau, this year, builders are on pace to complete more than a million new homes in this

Read More

Buyers: You May Face Less Competition as Bidding Wars Ease

Buyers: You May Face Less Competition as Bidding Wars EaseOne of the top stories in recent real estate headlines was the intensity and frequency of bidding wars. With so many buyers looking to

Read More

What is Actually Happening with Home Prices Today?

What is Actually Happening with Home Prices Today?One of the biggest questions people are asking right now is: what’s happening with home prices? There are headlines about ongoing price

Read More

A Trusted Real Estate Advisor Provides Expert Advice

A Trusted Real Estate Advisor Provides Expert AdviceIf you’re a homeowner or are planning to become one soon, you’re probably looking for clear information about today

Read More

What Would a Recession Mean for the Housing Market? [INFOGRAPHIC]

What Would a Recession Mean for the Housing Market? [INFOGRAPHIC]Some HighlightsIf you’re wondering what a potential recession could mean for the housing market, here’s what

Read More

What Sellers Need To Know for Today’s Housing Market

What Sellers Need To Know for Today’s Housing MarketIf you’re thinking about selling your house, you may have heard about the housing market slowing down in recent months. While it

Read More

3 Home Buying Tips Today

3 Home Buying Tips TodayIf you put off your home search at any point over the past two years, you may want to consider picking it back up based on today’s housing market conditions. Recent

Read More

Why You Want To Start Your Home Search Today

Why You Want To Start Your Home Search TodayIf you’re thinking about buying a home, you likely have a lot of factors on your mind. You’re weighing your own needs against higher 

Read More

Planning To Retire? Equity Can Help You Reach Your Goal.

Planning To Retire? Equity Can Help You Reach Your Goal.Whether you’ve just retired or you’re thinking about retirement, you may be considering your options and trying to picture a whole

Read More

Experts Increase 2022 Home Price Projections

Experts Increase 2022 Home Price ProjectionsIf you’re wondering if home prices are going to come down due to the cooldown in the housing market or a potential,

Read More

What Does the Rest of 2022 Hold for Home Prices?

What Does the Rest of 2022 Hold for Home Prices?Whether you’re a potential homebuyer, seller, or both, you probably want to know: will home prices fall this year? Let&rsquo

Read More

Why Are More People Becoming Homeowners?

Why Are More People Becoming Homeowners?The desire to own a home is still strong today. In fact, according to the Census, the U.S. homeownership rate is on the rise. To illustrate the

Read More

What Would a Recession Mean for the Housing Market?

What Would a Recession Mean for the Housing Market?According to a recent survey from the Wall Street Journal, the percentage of economists who believe we’ll see a recession in

Read More

Is the Shifting Market a Challenge or Opportunity for Homebuyers?

Is the Shifting Market a Challenge or Opportunity for Homebuyers?If you tried to buy a home during the pandemic, you know the limited supply of homes for sale was a considerable challenge.

Read More

Why Experts Say the Housing Market Won’t Crash [INFOGRAPHIC]

Why Experts Say the Housing Market Won’t Crash [INFOGRAPHIC]Some HighlightsMany people remember the housing crash in 2008, but experts say today’s market is fundamentally different

Read More

Housing Market Forecast for the Rest of 2022 [INFOGRAPHIC]

Housing Market Forecast for the Rest of 2022 [INFOGRAPHIC]Some HighlightsThe housing market is shifting away from the intensity of the past two years. Here’s what experts&

Read More

The Forbearance Program Changed the Housing Market

The Forbearance Program Changed the Housing MarketWhen the pandemic hit in 2020, many experts thought the housing market would crash. They feared job loss and economic uncertainty would lead to a

Read More

It’s a Sellers’ Market

It’s a Sellers’ MarketAs there’s more and more talk about the real estate market cooling off from the peak frenzy it saw during the pandemic, you may be questioning what

Read More

Selling Your Home? Your Asking Price Matters More Now Than Ever

Selling Your Home? Your Asking Price Matters More Now Than EverThere’s no doubt about the fact that the housing market is slowing from the frenzy we saw over the past two years. But

Read More

Buying a Home May Make More Financial Sense Than Renting

Buying a Home May Make More Financial Sense Than RentingIf rising home prices leave you wondering if it makes more sense to rent or buy a home in today’s housing market, consider.

Read More

3 Graphs To Show This Isn’t a Housing Bubble

3 Graphs To Show This Isn’t a Housing BubbleWith all the headlines and buzz in the media, some consumers believe the market is in a housing bubble. As the housing market shifts, you

Read More

A Real Estate Professional Helps Separate Fact from Fiction

A Real Estate Professional Helps Separate Fact from FictionIf you’re following the news, chances are you’ve seen or heard some headlines about the housing market that don’t give

Read More

Three Reasons To Buy a Home in Today’s Shifting Market [INFOGRAPHIC]

Three Reasons To Buy a Home in Today’s Shifting Market [INFOGRAPHIC]Some HighlightsThe housing market is moving away from the frenzy of the past year and it’s opening doors for you if&

Read More

Want To Buy a Home? Now is a Great Time.

Want To Buy a Home? Now is a Great Time.There are more homes for sale today than at any time last year. So, if you tried to buy a home last year and were outbid or out priced,

Read More

Why Are People Moving Today?

Why Are People Moving Today?Buying a home is a major life decision. That’s true whether you’re purchasing for the first time or selling your house to fuel a move. And if you&rsquo

Read More

Think Home Prices Are Going To Fall? Think Again...

Think Home Prices Are Going To Fall? Think Again...Over the last two years, the rate of home prices appreciated at a dramatic pace. While that led to incredible equity gains for,

Read More

Should You Buy a Home with Increasing Inflation?

Should You Buy a Home with Increasing Inflation?While the Federal Reserve is working hard to bring down inflation, the latest data shows the inflation rate is still going up. You

Read More

There's a Window of Opportunity for Homebuyers

There's a Window of Opportunity for HomebuyersMortgage rates are much higher today than they were at the beginning of the year, and that’s had a clear impact on the housing market. As a

Read More

Great News About Housing Inventory [INFOGRAPHIC]

Great News About Housing Inventory [INFOGRAPHIC]Some HighlightsExperts say the number of homes for sale is growing this year, and that can have a big impact on your move.If you’re

Read More

What's Causing the Ongoing Home Price Appreciation?

What's Causing the Ongoing Home Price Appreciation?If you’re thinking about making a move, you probably want to know what’s going to happen to home prices for the rest of

Read More

Housing Experts Say This Isn’t a Bubble

Housing Experts Say This Isn’t a BubbleWith so much talk about an economic slowdown, some people are asking if the housing market is heading for a crash like the one in 2008. To

Read More

Should I Still Buy a Home?

Should I Still Buy a Home?If you’ve been thinking about buying a home, you likely have one question on the top of your mind: should I buy right now, or should I wait? While no

Read More

The Drop in Mortgage Rates Brings Good News for Buyers

The Drop in Mortgage Rates Brings Good News for BuyersOver the past few weeks, the average 30-year fixed mortgage rate from Freddie Mac fell by half a percent. The drop happened over

Read More

Expert Housing Market Forecasts for the Second Half of the Year

Expert Housing Market Forecasts for the Second Half of the YearThe housing market is at a turning point, and if you’re thinking of buying or selling a home, that may leave you

Read More

A Drop in Mortgage Rates Brings Good News for Buyers

A Drop in Mortgage Rates Brings Good News for BuyersOver the past few weeks, the average 30-year fixed mortgage rate from Freddie Mac fell by half a percent. The drop happened over

Read More

Mortgage Rates & Recessions

Mortgage Rates & RecessionsAccording to a recent survey, more and more Americans are concerned about a possible recession. Those concerns were validated when the Federal Reserve met and

Read More

How Your Equity Can Grow over Time

How Your Equity Can Grow over TimeIt’s true that record levels of home price appreciation have spurred significant equity gains for homeowners over the past few years. As

Read More

Is Homeownership Still the American Dream?

Is Homeownership Still the American Dream?Defining the American dream is personal, and no one individual will have the same definition as another. But the feelings it brings about – success,

Read More

Two Reasons Why Today’s Housing Market Is NOT a Bubble

Two Reasons Why Today’s Housing Market Is NOT a BubbleYou may be reading headlines and hearing talk about a potential housing bubble or a crash, but it’s important to understand that the

Read More

What Could an Extra $64K in Equity Do For You?

What Could an Extra $64K in Equity Do For You?If you own a home, your net worth likely just got a big boost thanks to rising home equity. Equity is the current value of your home minus what you

Read More

American Dream

American Dream “We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life,

Read More

Did You Know This Key Opportunity for Homebuyers?

Did You Know This Key Opportunity for Homebuyers?There’s no denying the housing market has delivered a fair share of challenges to homebuyers over the past two years. Two of the biggest

Read More

6 Things To Avoid After Applying for a Home Loan

6 Things To Avoid After Applying for a Home LoanOnce you’ve applied for a mortgage to buy a home, there are some key things to keep in mind. While it’s exciting to start thinking

Read More

When Selling Your House This Summer, Hiring a Pro Is Critical

When Selling Your House This Summer, Hiring a Pro Is CriticalIt can be tempting, especially with how hot the housing market has been over the past two years, to consider selling your home 

Read More

Real Estate Consistently Voted Best Investment [INFOGRAPHIC]

Real Estate Consistently Voted Best Investment [INFOGRAPHIC]Some HighlightsBased on a recent Gallup poll, real estate has been rated the best long-term investment for nine years

Read More

Homeownership Could Be in Reach with Down Payment Assistance

Homeownership Could Be in Reach with Down Payment Assistance ProgramsA recent survey from Bankrate asks prospective buyers to identify the biggest obstacles in their homebuying

Read More

Home Price Deceleration Doesn’t Have to Mean Home Price Depreciation

Home Price Deceleration Doesn’t Have to Mean Home Price DepreciationExperts in the real estate industry use a number of terms when they talk about what's happening with home prices. And some

Read More

A Majority of Consumers Say It’s a Good Time To Sell Your House

A Majority of Consumers Say It’s a Good Time To Sell Your HouseIf you’re a homeowner thinking about selling your house, you’re probably looking for the best time to make your move.

Read More

Is the Housing Market Correcting?

Is the Housing Market Correcting?If you're following the news, all of the headlines about conditions in the current housing market may leave you with more questions than answers. Is

Read More

More Americans Choose Real Estate as the Best Investment Than Ever Before

More Americans Choose Real Estate as the Best Investment Than Ever BeforeAmericans’ opinion on the value of real estate as an investment is climbing. That’s according to an annual 

Read More

What Are the Best Options for Today’s First-Time Buyers?

What Are the Best Options for Today’s First-Time Buyers?If you’re looking to buy your first home, you’re likely balancing several factors. Because both mortgage rates and

Read More

You Need an Expert To Determine the Right Price for Your House

You Need an Expert To Determine the Right Price for Your HouseIf your lifestyle has changed recently and you’re ready to make a move, taking advantage of today’s sellers’

Read More

The Growing Number of Homes for Sale Is Good for Your Move Up!

The Growing Number of Homes for Sale Is Good for Your Move Up!Are you thinking about selling your current home? If so, the biggest question on your mind may be: if I sell now, where will I go?

Read More

Don’t Let Rising Inflation Delay Your Homeownership Plans [INFOGRAPHIC]

Don’t Let Rising Inflation Delay Your Homeownership Plans [INFOGRAPHIC]Some HighlightsIf recent headlines about rising inflation are making you wonder if it’s still a good time to buy,

Read More

The One Thing Every Homeowner Needs To Know About a Recession

The One Thing Every Homeowner Needs To Know About a RecessionA recession does not equal a housing crisis. That’s the one thing that every homeowner today needs to know. Everywhere you look,

Read More

You Have Incredible Leverage When You Sell Today

You Have Incredible Leverage When You Sell TodayIn today’s housing market, homeowners have a great opportunity to sell their house and receive the best terms for their personal situation.

Read More

Are More Homes Coming to the Market?

Are More Homes Coming to the Market?According to a recent survey from the National Association of Realtors (NAR), one of the top challenges buyers face in today’s 

Read More

Work With a Real Estate Professional for the Best Advice

Work With a Real Estate Professional for the Best AdviceBecause buying or selling a home is such a big decision in our lives, the need for clear, trustworthy

Read More

Summer Is a Great Time To Buy a Vacation Home!

Summer Is a Great Time To Buy a Vacation Home!You may be someone who looks forward to summer each year because it gives you an opportunity to rest, unwind, and enjoy more quality time with your

Read More

Recession Doesn’t Equal a Housing Crisis

Some HighlightsIt’s important to understand history proves an economic slowdown does not equal a housing crisis.In 4 of the last 6 recessions, home prices actually 

Read More

How Homeownership Can Impact You

How Homeownership Can Impact YouJune is National Homeownership Month, and it’s the perfect time to reflect on how impactful owning a home can truly be. When you purchase a house, it

Read More

Home Loans Today Aren’t What They Were in the Past

Home Loans Today Aren’t What They Were in the PastIn today’s housing market, many are beginning to wonder if we’re returning to the riskier lending habits and borrowing options

Read More

What Does the Rest of the Year Hold for the Housing Market?

What Does the Rest of the Year Hold for the Housing Market?If you’re thinking of buying or selling a house, you’re at an exciting decision point. And anytime you make

Read More

Seller's Opportunity with Today’s Home Prices

Seller's Opportunity with Today’s Home PricesAs mortgage rates started to rise this year, many homeowners began to wonder if the value of their homes would fall. Here’s the

Read More

Buying or Selling a Home Benefits the Economy and Your Community

Buying or Selling a Home Benefits the Economy and Your CommunityIf you’re thinking of buying or selling a home, chances are you’re focusing on the many extraordinary

Read More

3 Factors That Impact Affordability Today

3 Factors That Impact Affordability TodayYou can’t read an article about residential real estate without the author mentioning the affordability challenges that today’s buyers face.&

Read More

How You Can Navigate a Market Where Multiple Offers Is the New Normal

How You Can Navigate a Market Where Multiple Offers Is the New NormalIf you’re thinking of buying a home today, you already know that the number of homes available for sale is low.

Read More

How Global Uncertainty Is Impacting Mortgage Rates!

How Global Uncertainty Is Impacting Mortgage Rates!If you’re thinking about buying or selling a home, you’ll want to keep a pulse on what’s happening with

Read More

How's Supply and Demand in Today’s Market?

How's Supply and Demand in Today’s Market?Some HighlightsToday’s housing market is the direct result of low supply and high buyer demand. Here’s what that

Read More

It’s Critical To Price Your House Right

It’s Critical To Price Your House RightWhen you make a move, you want to sell your house for the highest price possible. That might be why many homeowners are eager to list in today

Read More

Are Home Prices Continuing To Rise?!

Are Home Prices Continuing To Rise?!Many analysts projected home price appreciation would slow dramatically in the fall of 2021 and then continue to soften throughout 2022. So far, that hasn

Read More

An Expert Advisor Will Give the Best Advice in Today’s Market

An Expert Advisor Will Give the Best Advice in Today’s MarketHaving an experienced guide coaching you through the process of buying or selling a home is important in a normal market –

Read More

The #1 Reason To Sell Your House Today

The #1 Reason To Sell Your House TodayAlmost every industry is currently struggling with supply chain disruptions. This also applies to the current U.S. housing market, where buyer demand far

Read More

What’s Driving Today’s Extra High Buyer Demand?

What’s Driving Today’s Extra High Buyer Demand? Some HighlightsThere’s an influx of buyers looking for homes today, and that means your house is in high demand. Here are

Read More

Real Estate is Voted the Best Investment Eight Years in a Row

Real Estate is Voted the Best Investment Eight Years in a RowIn an annual Gallup poll, Americans chose real estate as the best long-term investment. And it’s not the first time it

Read More

How Supply & Demand Can Impact Your Buying and Selling Goals

How Supply & Demand Can Impact Your Buying and Selling GoalsIn today’s housing market, there are far more buyers looking for homes than sellers listing their houses. Based on the

Read More

Perks of Owning More Than One Home

Perks of Owning More Than One HomeMany things have changed over the past couple of years, and real estate is no exception. One impact is an increased desire to own more than one home. According to

Read More

4 Graphs Showing Why This Is Not a Housing Bubble

4 Graphs Showing Why This Is Not a Housing BubbleA recent survey revealed that many consumers believe there’s a housing bubble beginning to form. That feeling is understandable, as

Read More

Owning a Home Is More Affordable than Renting in the Majority of the Country

Owning a Home Is More Affordable than Renting in the Majority of the CountryIf you were thinking about buying a home this year, but already pressed pause on your plans due to rising home prices

Read More

How You Can Win as a Buyer in a Sellers’ Market

How You Can Win as a Buyer in a Sellers’ Market Some HighlightsEven in today’s sellers’ market, there are still ways for buyers to win big.Build a team of trusted

Read More

Ready To Fall in Love with Homeownership?

Ready To Fall in Love with Homeownership?Financial benefits are always a key aspect of homeownership, but it’s also important to understand that the nonfinancial and personal benefits are

Read More

More People Are Planning To Buy a Home This Season

More People Are Planning To Buy a Home This SeasonWhile some homeowners may be tempted to hold off until spring to list their houses, you should know – homebuyers aren’t waiting.

Read More

What Every Seller Needs To Know About Renovating in 2022

What Every Seller Needs To Know About Renovating in 2022If you’re planning to sell this year, you’re probably thinking about what you’ll need to do to get your house ready to

Read More

Consumers Agree, It's a Good Time To Sell

Consumers Agree: It’s a Good Time To SellIn today’s sellers’ market, many homeowners are weighing their options and trying to decide if they should sell their house. If you&rsquo

Read More

How Remote Work Impacts Your Home Search [INFOGRAPHIC]

How Remote Work Impacts Your Home Search [INFOGRAPHIC]Some HighlightsIf your workplace is delaying its return to office plans or is allowing permanent work from home options, that may open

Read More

The Benefits of Multigenerational Households

Millions of Americans Have Discovered the Benefits of Multigenerational HouseholdsIf your needs are changing, you may be thinking about sharing a home with additional loved ones, such as,

Read More

The Top Indicator if You Want To Know Where MOrtgage Rates Are Heading

The Top Indicator if You Want To Know Where Mortgage Rates Are HeadingMortgage rates have increased significantly since the beginning of the year. Each Thursday, Freddie Mac releases its

Read More

Americans Choose Real Estate as the Best Investment (Infographic)

Americans Choose Real Estate as the Best Investment [INFOGRAPHIC]Some HighlightsAccording to a Gallup poll, real estate has been rated the best long-term investment for eight years in a.

Read More

Your Home Inspection Matters

Your Home Inspection Matters Some HighlightsBuying a home and wondering if your inspection is necessary? While some buyers may decide to waive their inspection, it’s

Read More

Could a Move Bring You More Happiness This Year?

Could a Move Bring You More Happiness This Year?Over the past two years, we’ve lived through one of the most stressful periods in recent history. Because of the health crisis, many of us have

Read More

Right Now is a Once-in-a-Lifetime Opportunity for Sellers!

Why Right Now Is a Once-in-a-Lifetime Opportunity for SellersIf you’re thinking about selling your house in 2022, you truly have a once-in-a-lifetime opportunity at your fingertips. When

Read More

Pre-Approval Is Key for Homebuyers in 2022

Why Pre-Approval Is Key for Homebuyers in 2022You may have heard that it’s important to get pre-approved for a mortgage at the beginning of the homebuying process, but what

Read More