Tommy Holmes's Blog Posts

📈 Bridgewater Market Insight: Strategy Over SpeedBy Tommy Holmes | NextHome PremierAs we move through February 2026, the Bridgewater and Martinsville markets are showing a sophisticated

For Buyers, For Sellers, Foreclosures, Housing Market UpdatesWhy Today’s Housing Inventory Shows a Crash Isn’t on the Horizon You might remember the housing crash in

Are More Homes Coming onto the Market?An important factor shaping today’s market is the number of homes for sale. And, if you’re considering whether or not to list your house,

Two Questions To Ask Yourself if You’re Considering Buying a HomeIf you’re thinking of buying a home, chances are you’re paying attention to just about everything you hear

The True Cost of Selling Your House on Your OwnSelling your house is no simple task. While some homeowners opt to sell their homes on their own, known as a FSBO (For Sale by Owner), they often

What Homebuyers Need To Know About Credit ScoresIf you’re thinking about buying a home, you should know your credit score’s a critical piece of the puzzle when it comes to

Eco-Friendly, Energy-Efficient Homes Attract BuyersJune 21, 2023For SellersHousing Market UpdatesAre you planning to sell your house? If so, you may be surprised to hear just how much

How Owning a Home Grows Your Wealth with Time Some HighlightsIf you’re thinking of buying a home this year, be sure to factor in the long-term benefits of

Why Buying or Selling a Home Helps the Economy and Your CommunityIf you're thinking about buying or selling a house, it's important to know that it doesn't just affect your life,

A Drop in Equity Doesn’t Mean Low EquityYou may see media coverage talking about a drop in homeowner equity. What’s important to understand is that equity is tied closely to home values.

Your Needs Matter More Than Today’s Mortgage RatesIf you’re thinking about selling your house right now, chances are it’s because something in your life has changed. And,

Are Home Prices Going Up or Down? That Depends…Media coverage about what’s happening with home prices can be confusing. A large part of that is due to the type of data being used and

Why You Can’t Compare Now to the ‘Unicorn’ Years of the Housing Market [INFOGRAPHIC]Some HighlightsComparing housing market metrics from one year to another can be

This Real Estate Market Is the Strongest of Our LifetimeWhen you look at the numbers today, the one thing that stands out is the strength of this housing market. We can see this is one of the most

The Main Reason Mortgage Rates Are So HighToday’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

çWith all the headlines circulating about home prices and rising mortgage rates, you may wonder if it still makes sense to invest in homeownership right now. A recent poll

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

Reasons To Sell Your House Today 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

Reasons To Own Your Home June 2, 2023Some HighlightsJune is National Homeownership Month, and it’s a perfect time to think about all the benefits that come with owning your home

The True Value of HomeownershipJune 1, 2023For BuyersFirst Time Home BuyersBuying and owning your home can make a big difference in your life by bringing you joy and a sense of belonging. And with

Moving Now Can Give Your House Its Day in the SunFor SellersInfographicsSome HighlightsIf you want to sell your house, consider doing it this summer. The days are longer, the weather is warmer,

Keys to Success for First-Time HomebuyersMay 31, 2023For BuyersFirst Time Home BuyersDown PaymentsBuying your first home is an exciting decision and a major milestone that has the power to

Remember and Honor Those Who Gave AllMay 29, 2023UncategorizedInfographicsHolidaysWe remember and honor those who gave all.Some

Today’s Real Estate Market: The ‘Unicorns’ Have Galloped OffMay 30, 2023For BuyersFor SellersForeclosuresPricingHousing Market UpdatesComparing real estate metrics from one year to

Why Buying a Vacation Home Beats Renting One This SummerMay 23, 2023For BuyersFor many of us, visiting the same vacation spot every year is a summer tradition that’s fun, relaxing, and.

Why Buyers Need an Expert Agent by Their SideMay 22, 2023For BuyersFirst Time Home BuyersMove-Up BuyersThe process of buying a home can feel a bit intimidating, even under normal

The Impact of Changing Mortgage Rates May 19, 2023For BuyersInfographicsInterest RatesSome HighlightsIf you’re looking to buy a home, you should know even a small change in mortgage

Powerful Job Market Fuels Homebuyer DemandJune 3 2023The spring housing market has been surprisingly active this year. Even with affordability challenges and a limited number of homes

What You Need To Know About Home Price NewsMay 17, 2023For BuyersFor SellersPricingHousing Market UpdatesThe National Association of Realtors (NAR) will release its latest Existing

Ways To Overcome Affordability Challenges in Today’s Housing MarketSome HighlightsWith so few homes on the market right now, widening the scope of your search to include nearby areas could

Homeowners Have Incredible Equity To Leverage Right NowMay 15, 2023For BuyersFor SellersMove-Up BuyersHousing Market UpdatesEven though home prices have moderated over the last year, many

The recent media attention regarding how credit score plays a role in what interest rate a consumer receives, has led to a lot of questions.The easiest way to illustrate this is to show you a real

The Best Time To Sell Your House Is When Others Aren’t SellingFor SellersHousing Market UpdatesSelling MythsIf you’re thinking about selling your house, you should know the

Tommy Holmes Real Estate AgentnBuyers Tip!Buyers Tip!Did you know that factors aside from the price can make a big difference in accepting your bid? As a savvy buyer, consider offering flexibility

The Worst of the Home Price Declines Is Behind Us [INFOGRAPHIC]May 12, 2023For BuyersFor SellersInfographicsPricingHousing Market UpdatesSome HighlightsWhile home prices vary by local,

The Impact of Inflation on Mortgage RatesInterest RatesHousing Market UpdatesIf you’re reading headlines about inflation or mortgage rates, you may see something about the recent decision

A Recession Doesn’t Equal a Housing CrisisPricingInterest RatesHousing Market UpdatesEverywhere you look, people are talking about a potential recession. And if you’re planning to buy or

Buyer Activity Is Up Despite Higher Mortgage RatesFor SellersHousing Market UpdatesSelling MythsIf you’re a homeowner thinking about making a move, you may wonder if it’s still a

How Homeowners Win When They DownsizeMay 4, 2023For BuyersFor SellersDemographicsDownsizing has long been a popular option when homeowners reach retirement age. But there are plenty of

Why Today’s Housing Market Is Not About To CrashMay 9, 2023For BuyersFor SellersForeclosuresHousing Market UpdatesThere’s been some concern lately that the housing market is headed for a

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

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