Dan Hennen's Blog Posts

Who pays the real estate commission?

Do you know how much an average real estate commission is? Or who pays these fees?Though most homebuyers and sellers might not be able to tell you what these fees are, they’re

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Flashback to 1995 in the Housing Market vs Today

If one reminisces about 1995, one may remember their real estate office equipped with Windows 95. Fax machines were a staple in business communication, but electronic mail was slowly emerging as

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New Homes Are Getting Smaller?

Research shows new homes are shrinking, and a recent study shows that matches consumer preferences.© Oscar Wong / GettyImagesWhen it comes to what home buyers want, detached single-family homes

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New Homes Are Getting Smaller. Are Buyers Looking for Less Square Footage?

New Homes Are Getting Smaller. Are Buyers Looking for Less Square?

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Freddie: Still ‘Room for Rates to Move Down

© REALTOR® MAGAZINEThe 30-year fixed-rate mortgage held steady compared to last week, averaging 3.33%.“There is room for rates to move down,” says Sam Khater, Freddie Mac&rsquo

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Borrowers Save Big by Shopping for Mortgages

Study: Borrowers Save Big by Shopping for MortgagesShareAs interest rates move lower, borrowers can unlock some serious savings by gathering more than one quote from a mortgage lender. It may be

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5 Staging Tips to ‘Master’ the Owner’s Suite

The master bedroom is an important room to stage in oder to help potential buyers feel right at home. Apartment Therapy recently highlighted tips from designers on how to achieve a posh bedroom look

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5 Ways to Get Started With Smart-Home Technology

© AndSus - AdobeStock5 Ways to Get Started With Smart-Home TechnologyHelp clients take their first dive into smart home tech with these product recommendations.ShareFacebook Twitter 

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The Benefits of a 20% Down Payment

If you are in the market to buy a home this year, you may be confused about how much money you need to come up with for your down payment. Many people you talk to will tell you that you need to save

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2 Trends Helping Keep Housing Affordable

Two positive trends have started to emerge that impact the 2019 Spring Housing Market. Mortgage interest rates for a 30-year fixed rate loan have dropped to new lows, right as reports show that

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How Quickly Can You Save Your Down Payment?

Saving for a down payment is often the biggest hurdle for a first-time homebuyer. Depending on where you live, median income, median rents, and home prices all vary. So, we set out to find out how

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Home Buyer Demand Will Be Strong for Years to Come

There has been a lot written about millennials and their preference to live in city centers above their favorite pizza place. Some have even gone so far as to say that millennials are a &ldquo-

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Data Says April is the Best Month to List Your Home for Sale

The spring housing market is off to the races! The inventory of homes for sale is increasing, buyers are out in force, and interest rates have remained low, peaking the interest of buyers and

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20 Tips for Preparing Your House for Sale This Spring

Some Highlights:When listing your house for sale, your top goal will be to get the home sold for the best price possible!There are many small projects that you can do to ensure this happens!Your

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How Will the Housing Market Fare This Spring?

Real estate pros often anxiously await for the spring selling season, a time known for an uptick in home sales. But will spring be as hot for the housing market this year as it has been in the past?

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What’s Going On with Bidding Wars?

In a strong seller’s market, like the one we have experienced over the past few years, bidding wars are common and expected. This makes sense! A seller’s market is defined as a market in

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7 Things To Avoid After Applying for a Mortgage!

Congratulations! You’ve found a home to buy and have applied for a mortgage! You are undoubtedly excited about the opportunity to decorate your new home! But before you make any big purchases,

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Homeownership Rate Moves to Highest Level Since 2014

More Americans are becoming homeowners. The national homeownership rate increased slightly to the highest level since 2014 in the fourth quarter of 2018, reaching 64.8 percent, the U.S. Census

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How To List Your Home for the Best Price

How To List 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

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Top Renovations to Complete Before You Sell Your House

Top Renovations to Complete Before You Sell Your House [INFOGRAPHIC] Friday January 4th, 2019 For Sellers, Infographics, Move-Up Buyers

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What is the Cost of Waiting Until Next Year to Buy?

What is the Cost of Waiting Until Next Year to Buy? [INFOGRAPHIC] Some Highlights:The cost of waiting to buy is defined as the additional funds it would take to buy a home if prices & interest

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How Will the Fed’s Vote to Raise Rates Impact Mortgages?

The Federal Reserve voted to raise interest rates on Wednesday--the fourth time this year. The real estate industry is watching closely to see how the latest round of increases will impact mortgage

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Credit Score Boost? Cellphone, Utility Payments Soon to Get Factored In

Millions of consumers may soon see a boost to their credit scores, which could help when applying for a mortgage. One of the largest credit-reporting firms in the U.S., Experian PLC, announced it

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8 Easy Ways to Save Money and Reduce Energy

A typical American household spends $2,060 a year on electricity, according to the U.S. Department of Energy. Unfortunately, if a home isn’t efficient, a lot of that energy goes to waste&mdash

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Supply tight but flattening, prices still rising, sales fluctuating

As sentiments regarding the direction of housing markets have changed, it’s worth remembering two key facts. First, all housing is local—what’s happening in San Francisco, Seattle

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Millennials Boosting U.S. Homeownership Rates

Millennials Boosting U.S. Homeownership RatesShareNovember 1, 2018A larger number of Americans—notably fueled by millennials—entered homeownership during the summer months. The national

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Mortgage Rates on the Rise

© REALTOR® MagazineBorrowers were faced with rising mortgage rates again this week, after a slight pause from increases the week before.“Despite volatility in the stock market, the 30

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Why Home Buyers Need to Hurry

While there have been signs recently that the market may be shifting toward the favor of home buyers, prices are still on the rise in many areas around the country. The median sales price

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