Real Estate Newsletter | June 2025

If your home has attracted little to no interest—few showings and no offers—it may be priced too high for today’s market. Buyers are willing to pay fair market value, but not beyond it. A thoughtful price adjustment, combined with a few strategic steps, can make all the difference:

Understand the Market.
Start by asking your Berkshire Hathaway HomeServices network professional for an updated comparative market analysis. This will give you insight into current trends over the past three months. Are homes selling quickly or sitting longer? Are prices rising or declining? Aim to price your home just below the curve to spark interest.

Make Meaningful Improvements.
Simple updates like fresh paint and a thorough cleaning are helpful—but likely not enough. Think about what buyers in your area expect. Is your curb appeal lacking? Could updated appliances or finishes help? Today’s buyers are looking for move-in-ready homes and are willing to pay for one.

Elevate Your Marketing.
Invest in professional staging and high-quality photography to make your home stand out online. Showcase unique features and the character of your neighborhood. First impressions matter—especially on screen.

A well-planned price reduction, combined with strong presentation, sends a powerful message: your home is a great value and ready for its next owner.

Your credit scores are key indicators of how you manage debt—and they’re used by lenders, landlords, insurers, and even some employers to assess your financial reliability. In short, your credit score is a snapshot of how likely you are to repay borrowed money.

These scores are generated by the three major credit bureaus—Equifax, Experian, and TransUnion—based on the information in your credit reports. Here’s what they consider:

• Public Records: Liens, child support obligations, and other legal actions provide insight into your financial and legal history.

• Payment History: This shows how consistently you’ve paid your bills, loans, and credit cards—on time or late.

• Outstanding Balances: How much you currently owe and how you manage that debt—do you make minimum payments, pay down large chunks, or clear balances in full?

• Length of Credit History: The age of your credit accounts tells lenders how much experience you have managing credit.

• New Credit Inquiries: Applying for new credit may signal that you’re taking on more debt. Lenders look at how often and why you’re borrowing.

• Types of Credit: A mix of credit—like mortgages, auto loans, and credit cards—can show you're capable of managing different kinds of debt.

The benefits of a high credit score are substantial: lower interest rates, better loan terms, increased housing and job opportunities, and even reduced insurance premiums.

Managing your credit wisely isn’t just about borrowing—it’s about building a strong financial foundation for your future.