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The Jen Wilson Real Estate Team Albany NY

The Jen Wilson Real Estate Team Albany NY I am your partner as we go through your real estate journey together, and an advisor for life. This As someone who was not only born and raised in The Capital District, but also chose to raise my three children here, I have an appreciation for all that our community has to offer.

The Albany, Rensselaer and Saratoga Counties are a very unique area and the local real estate market is no exception. My approach is simple. I focus on getting results while considering one of the largest financial decisions in a person’s life. My clients are not just a business transaction. The emotion that comes with buying and selling a home requires open communication between client and agent,

The Albany, Rensselaer and Saratoga Counties are a very unique area and the local real estate market is no exception. My approach is simple. I focus on getting results while considering one of the largest financial decisions in a person’s life. My clients are not just a business transaction. The emotion that comes with buying and selling a home requires open communication between client and agent,

Operating as usual

Prioritizing Your Wants and Needs as a Homebuyer in Today’s MarketThere’s no denying mortgage rates are higher now than ...
12/05/2022
Prioritizing Your Wants and Needs as a Homebuyer in Today’s Market

Prioritizing Your Wants and Needs as a Homebuyer in Today’s Market

There’s no denying mortgage rates are higher now than they were last year. And if you’re thinking about buying a home, this may be top of mind for you. That’s because those higher rates impact how much it costs to borrow money for your home loan. As you set out to make a purchase this winter, you’ll need to be strategic so you can find a home that meets your needs and budget.

The first step? Get pre-approved for a mortgage. Pre-approval helps you better understand what you can borrow for your home loan, and that plays an important role in how you’ll craft your list. After all, you don’t want to fall in love with a home that’s out of reach. Once you have a good grasp of your budget, you can begin to list (and prioritize) all the features of a home you would like.

Here’s a great way to think about...


The Jen Wilson Team

There’s no denying mortgage rates are higher now than they were last year. And if you’re thinking about buying a home, this may be top of mind for you. That’s because those higher rates impact how much it costs to borrow money for your home loan. As you set out to make a purchase this winter, ...

Winter Home Selling Checklist [INFOGRAPHIC]As you get ready to sell your house, focus on tasks that make it inviting, sh...
12/02/2022
Winter Home Selling Checklist

Winter Home Selling Checklist [INFOGRAPHIC]

As you get ready to sell your house, focus on tasks that make it inviting, show it’s cared for, and boost your curb appeal. This list will help you get started, but don’t forget, a real estate professional will provide other helpful tips based on your specific situation. DM me for advice on what you may want to do to get your house ready to sell this season.


The Jen Wilson Team

Some Highlights As you get ready to sell your house, focus on tasks that make it inviting, show it’s cared for, and boost your curb appeal. This list will help you get started, but don’t forget, a real estate professional will provide other helpful tips based on your specific situation. Let’s ...

What You Want To Know If You’re Pursuing Your Dream of HomeownershipIf you’re a young adult, you may be thinking about y...
12/01/2022
What You Want To Know If You’re Pursuing Your Dream of Homeownership

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

If you’re a young adult, you may be thinking about your goals and priorities for the months and years ahead. As the 2022 Millennial & Gen Z Borrower Sentiment Report from Maxwell says:

“More than half of millennials and Gen Zs plan to apply for a mortgage sometime within the next year.”

Let’s take a look at why homeownership makes the top of so many young buyers’ to-do list.

>>Top Motivators To Buy a Home

The survey mentioned above sheds light on some of the top reasons why younger generations are looking to buy a home:

• 50.95% believe the cost of renting is too high
• 48.35% think owing a home is an important wealth building tool
• 38.16% seek the sense of security owning a home provides

Your top motivator may be different than that of your friends, but they’re all equally valid and...


The Jen Wilson Team

If you’re a young adult, you may be thinking about your goals and priorities for the months and years ahead. And if homeownership ranks high on your goal sheet, you’re in good company. Many of your peers are also pursuing their dream of owning a home. The 2022 Millennial & Gen Z Borrower Sen...

Why There Won’t Be a Flood of Foreclosures Coming to the Housing MarketWith the rapid shift that’s happened in the housi...
11/30/2022
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 Market

With the rapid shift that’s happened in the housing market this year, some people are raising concerns that we’re destined for a repeat of the crash we saw in 2008. One of the reasons this isn’t like the last time is the number of foreclosures in the market is much lower now. Here’s a look at why there won’t be a wave of foreclosures flooding the market.

>>Not as Many Homeowners Are in Trouble This Time

After the last housing crash, over nine million households lost their homes due to a foreclosure, short sale, or because they gave it back to the bank. This was, in large part, because of more relaxed lending standards where people could take out mortgages they ultimately couldn’t afford.

Today, revised lending standards have led to more qualified buyers. As a result, there are fewer homeowners...


The Jen Wilson Team

With the rapid shift that’s happened in the housing market this year, some people are raising concerns that we’re destined for a repeat of the crash we saw in 2008. But in truth, there are many key differences between what’s happening today and the bubble in the early 2000s.

3 Ways You Can Use Your Home EquityIf you’re a homeowner, odds are your equity has grown significantly over the last few...
11/29/2022
3 Ways You Can Use Your Home Equity

3 Ways You Can Use Your Home Equity

If 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 mortgage payments. Home equity builds over time and can help you achieve certain goals. Here are a few examples.

>>1. Buy a Home That Fits Your Needs

If you no longer have the space you need, it might be time to move into a larger home. Or it’s possible you have too much space and need something smaller. No matter the situation, consider using your equity to power a move into a home that fits your changing lifestyle.

A real estate advisor can help you figure out how much equity you have and how you can use it toward the purchase of your next home.

>>2. Reinvest in Your Current House

According to a recent survey from Point, 39% of homeowners would invest in home improvement projects if they chose to access...


The Jen Wilson Team

If 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 mortgage payments. Home equity builds over time and can help you achieve certain goals. According to the latest Equity Insights Report from CoreLogic, th...

Your House Could Be the #1 Item on a Homebuyer’s Wish List During the HolidaysEach year, homeowners planning to make a m...
11/28/2022
Your House Could Be the #1 Item on a Homebuyer’s Wish List During the Holidays

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

Each year, homeowners planning to make a move are faced with a decision: sell their house during the holidays or wait. Here are five great reasons you shouldn’t wait to sell your house.

1. While the supply of homes for sale has increased this year, there still aren’t enough homes on the market to keep up with buyer demand.

2. Serious homebuyers are out looking right now. Millennials are driving homebuying demand today, and many are eager to make a purchase.

3. The desire to own a home doesn’t stop during the holidays. In fact, homes decorated for the holidays appeal to many buyers. Plus, purchasers who look for homes during the holidays are ready to buy.

4. You can restrict the showings in your house to days and times that are most convenient for you. That can help you minimize disruptions...


The Jen Wilson Team

Each year, homeowners planning to make a move are faced with a decision: sell their house during the holidays or wait. And others who have already listed their homes may think about removing their listings and waiting until the new year to go back on the market.

Home Sweet Home: The Emotional Benefits of Homeownership [INFOGRAPHIC]While there are many financial perks to owning a h...
11/25/2022
Home Sweet Home: The Emotional Benefits of Homeownership

Home Sweet Home: The Emotional Benefits of Homeownership [INFOGRAPHIC]

While there are many financial perks to owning a home, there are also powerful non-financial benefits to consider if you’re thinking about making a move. Homeownership allows you to express yourself, gives you greater privacy and comfort, enhances your connection to your community and loved ones, and is an achievement to feel proud of. DM me today to discuss all that homeownership has to offer.


The Jen Wilson Team

Some Highlights While there are many financial perks to owning a home, there are also powerful non-financial benefits to consider if you’re thinking about making a move. Homeownership allows you to express yourself, gives you greater privacy and comfort, enhances your connection to your community ...

What Buyers Need To Know About the Inventory of Homes Available for SaleIf you’re thinking about buying a home, you’re l...
11/23/2022
What Buyers Need To Know About the Inventory of Homes Available for Sale

What Buyers Need To Know About the Inventory of Homes Available for Sale

If you’re thinking about buying a home, you’re likely trying to juggle your needs, current mortgage rates, home prices, your schedule, and more to try to decide if you want to jump into the market.

According to Calculated Risk, for the week ending in November 18th, there were 47.7% more homes available for sale than there were at the same time in 2021. And having more options for your home search may be exactly what you need to feel confident about making a move.

>>What Caused the Growth in Housing Inventory This Year?

The increase we’ve seen in housing supply this year isn’t from the source you think it is. Rather than an influx of recent homeowners listing their houses for sale (known as new listings), the primary reason the supply has grown is because homes are staying on the market a bit longer (known as...


The Jen Wilson Team

If you’re thinking about buying a home, you’re likely trying to juggle your needs, current mortgage rates, home prices, your schedule, and more to try to decide if you want to jump into the market.

What Homeowners Want To Know About Selling in Today’s MarketIf you’re thinking about selling your house, you’re likely h...
11/22/2022
What Homeowners Want To Know About Selling in Today’s Market

What Homeowners Want To Know About Selling in Today’s Market

If you’re thinking about selling your house, you’re likely hearing about the cooling housing market and wondering what that means for you. While it's not the peak intensity we saw during the pandemic, we’re still in a sellers’ market.

Here are a few things experts say today’s sellers need to consider.

>>Be Willing To Negotiate

This year, the supply of homes for sale has increased as the market cooled. Even though inventory is still low overall, buyers today have more options, and with that comes more negotiation power.

As a seller, that means you may see more buyers getting an inspection, requesting repairs, or asking for help with closing costs today.

>>Price Your Home at Market Value

Pricing your house appropriately so you can catch the eyes of serious buyers is important.

You don’t want to overreach...


The Jen Wilson Team

If you’re thinking about selling your house, you’re likely hearing about the cooling housing market and wondering what that means for you. While it's not the peak intensity we saw during the pandemic, we’re still in a sellers’ market. That means you haven’t missed your window. Realtor.com ...

Mortgage Rates Will Come Down, It’s Just a Matter of TimeOver the past nine months, we’ve seen fewer homes sold than the...
11/21/2022
Mortgage Rates Will Come Down, It’s Just a Matter of Time

Mortgage Rates Will Come Down, It’s Just a Matter of Time

Over the past nine months, we’ve seen fewer homes sold than the previous month as home price growth has slowed. This is because the average 30-year fixed mortgage rate has doubled this year, severely limiting homebuying power for consumers. This month, the average rate for financing a home briefly rose over 7% before coming back down into the high 6% range. But we’re starting to see a hint of what mortgage interest rates could look like next year.

As long as inflation is high, we’ll see higher mortgage rates. Recently, we’ve seen indications that inflation may be cooling, giving us a glimpse into what may happen in the future. The mortgage market is eagerly awaiting positive news on inflation. As Ali Wolf, Chief Economist at Zonda, says, “The housing market is expected to face continued uncertainty heading into...


The Jen Wilson Team

This past year, rising mortgage rates have slowed the red-hot housing market. Over the past nine months, we’ve seen fewer homes sold than the previous month as home price growth has slowed. All of this is due to the fact that the average 30-year fixed mortgage rate has doubled this year, severely ...

Should You Update Your House Before You Sell? Ask a Real Estate Professional. [INFOGRAPHIC]You may be wondering what nee...
11/18/2022
Should You Update Your House Before You Sell? Ask a Real Estate Professional.

Should You Update Your House Before You Sell? Ask a Real Estate Professional. [INFOGRAPHIC]

You may be wondering what needs to be renovated before you sell your house. In today’s shifting market, making your house appealing is more important than ever. That’s why it’s essential to lean on a real estate professional who has in-depth knowledge of today’s housing market. They know what buyers are looking for and how to highlight any upgrades you make. DM me so you know where to focus your efforts so your house will stand out in a today’s market.


The Jen Wilson Team

Some Highlights You may be wondering what needs to be renovated before you sell your house. In today’s shifting market, making your house appealing is more important than ever. That’s why it’s essential to lean on a real estate professional who has in-depth knowledge of today’s housing marke...

More People Are Finding the Benefits of Multigenerational Households TodayThe Pew Research Center defines a multigenerat...
11/17/2022
More People Are Finding the Benefits of Multigenerational Households Today

More People Are Finding the Benefits of Multigenerational Households Today

The Pew Research Center defines a multigenerational household as a home with two or more adult generations. And the number of individuals choosing multigenerational living has increased over the past 50 years.

As you consider this option for your own home search, know it could help you on your homeownership journey and provide you with other incredible benefits along the way.

>>Living with Loved Ones Could Help You Achieve Your Homeownership Goals

There are several reasons people choose to live in a multigenerational household, and for many, the arrangement is a personal one. But according to the Pew Research Center, the top reason people choose to live together today is financial.

A recent study from Freddie Mac also finds more people are choosing to buy a home together so they can save money in the homebuying...


The Jen Wilson Team

If you’re thinking of buying a home and living with siblings, parents, or grandparents, then multigenerational living may be for you. The Pew Research Center defines a multigenerational household as a home with two or more adult generations. And the number of individuals choosing multigenerational...

Top Questions About Selling Your Home This WinterThere’s no denying the housing market is undergoing a shift this season...
11/16/2022
Top Questions About Selling Your Home This Winter

Top Questions About Selling Your Home This Winter

There’s no denying the housing market is undergoing a shift this season, and that may leave you with some questions about whether it still makes sense to sell your house.

>>1. Should I Wait To Sell?

Even though the supply of homes for sale has increased in 2022, inventory is still low overall. That means it’s still a sellers’ market.

While buyers have regained some negotiation power as inventory has grown, you haven’t missed your window to sell. Your house could still stand out since inventory is low, especially if you list now while other sellers hold off until after the holiday rush and the start of the new year.

>>2. Are Buyers Still Out There?

If you’re thinking of selling your house but are hesitant because you’re worried buyer demand has disappeared in the face of higher mortgage rates, know that isn’t the...


The Jen Wilson Team

There’s no denying the housing market is undergoing a shift this season, and that may leave you with some questions about whether it still makes sense to sell your house. Here are three of the top questions you may be asking – and the data that helps answer them – so you can make a confident d...

Why It May Be Time To Add Newly Built Homes to Your SearchIf you put a pause on your home search because you weren’t sur...
11/15/2022
Why It May Be Time To Add Newly Built Homes to Your Search

Why It May Be Time To Add Newly Built Homes to Your Search

If you put a pause on your home search because you weren’t sure where you’d go once you sold your house, it might be a good time to get back into the market. If you’re willing to work with a trusted agent to consider a newly built home, you may have even more options and incentives than you realize.

>>More Options To Choose from and Potential Builder Incentives

While the inventory of existing homes has increased this year, it’s still below more typical years like 2019. While it’s a smaller segment of the overall inventory of homes for sale, the supply of newly built homes has grown even more.

Because the inventory of newly built homes has grown so much, builders are motivated to sell their properties before they build more. Back in the housing crash of 2008, builders were building too many homes, and that...


The Jen Wilson Team

If you put a pause on your home search because you weren’t sure where you’d go once you sold your house, it might be a good time to get back into the market. If you’re willing to work with a trusted agent to consider a newly built home, you may have even more options and incentives than you re...

Home Equity: A Source of Strength for Homeowners TodayExperts agree there’s no chance of a large-scale foreclosure crisi...
11/14/2022
Home Equity: A Source of Strength for Homeowners Today

Home Equity: A Source of Strength for Homeowners Today

Experts agree there’s no chance of a large-scale foreclosure crisis like we saw back in 2008, and that’s good news for the housing market. As Mark Fleming, Chief Economist at First American, says:

“. . . don’t expect a housing bust like the mid-2000s, as lending standards in this housing cycle have been much tighter and homeowners have historically high levels of home equity, so there likely won’t be a surge in foreclosures.”

But even though the volume of homeowners at risk is very low, there is still a small percentage of homeowners who may be coming face to face with foreclosure as a possibility today.

The good news is there are alternatives available to help you avoid going through the foreclosure process, including:

• Reinstatement
• Loan modification
• Deed-in-lieu of foreclosure
• Short sale

But...


The Jen Wilson Team

Experts agree there’s no chance of a large-scale foreclosure crisis like we saw back in 2008, and that’s good news for the housing market. As Mark Fleming, Chief Economist at First American, says:

VA Loans: Making Homes for the Brave Achievable [INFOGRAPHIC]VA Loans can help make homeownership possible for those who...
11/11/2022
VA Loans: Making Homes for the Brave Achievable

VA Loans: Making Homes for the Brave Achievable [INFOGRAPHIC]

VA Loans can help make homeownership possible for those who have served our country. These loans offer great benefits for eligible individuals and can help them buy a VA-approved house or condo, build a new home, or make improvements to their house. Homeownership is the American Dream. One way we can honor and thank our veterans is to ensure they have the best information about the benefits of VA home loans.


The Jen Wilson Team

Some Highlights VA Loans can help make homeownership possible for those who have served our country. These loans offer great benefits for eligible individuals and can help them buy a VA-approved house or condo, build a new home, or make improvements to their house. Homeownership is the American Drea...

VA Loans Can Help Veterans Achieve Their Dream of HomeownershipFor over 78 years, Veterans Affairs (VA) home loans have ...
11/10/2022
VA Loans Can Help Veterans Achieve Their Dream of Homeownership

VA Loans Can Help Veterans Achieve Their Dream of Homeownership

For over 78 years, Veterans Affairs (VA) home loans have provided millions of veterans with the opportunity to purchase homes of their own. If you or a loved one have served, it’s important to understand this program and its benefits.
Here are some things you should know about VA loans before you start the homebuying process.

VA home loans provide a pathway to homeownership for those who have served our nation.

Top Benefits of the VA Home Loan Program

In addition to helping eligible buyers achieve their homeownership dreams, VA loans have several other great benefits for buyers who qualify. According to the Department of Veteran Affairs:

• Qualified borrowers can often purchase a home with no down payment.
• Many other loans with down payments under 20% require Private Mortgage Insurance (PMI). VA Loans do not...


The Jen Wilson Team

For over 78 years, Veterans Affairs (VA) home loans have provided millions of veterans with the opportunity to purchase homes of their own. If you or a loved one have served, it’s important to understand this program and its benefits.

What’s Ahead for Mortgage Rates and Home Prices?Now that the end of 2022 is within sight, you may be wondering what’s go...
11/09/2022
What’s Ahead for Mortgage Rates and Home Prices?

What’s Ahead for Mortgage Rates and Home Prices?

Now that the end of 2022 is within sight, you may be wondering what’s going to happen in the housing market next year and what that may mean if you’re thinking about buying a home. Here’s a look at the latest expert insights on both mortgage rates and home prices so you can make your best move possible.

>>Mortgage Rates Will Continue To Respond to Inflation

There’s no doubt mortgage rates have skyrocketed this year as the market responded to high inflation. The increases we’ve seen were fast and dramatic, and the average 30-year fixed mortgage rate even surpassed 7% at the end of last month.

Because we’re in unprecedented territory, it’s hard to say with certainty where mortgage rates will go from here. Projecting the future of mortgage rates is far from an exact science, but experts do agree that, moving forward...


The Jen Wilson Team

Now that the end of 2022 is within sight, you may be wondering what’s going to happen in the housing market next year and what that may mean if you’re thinking about buying a home. Here’s a look at the latest expert insights on both mortgage rates and home prices so you can make your best move...

The Majority of Americans Still View Homeownership as the American DreamBuying a home is a powerful decision, and it rem...
11/08/2022
The Majority of Americans Still View Homeownership as the American Dream

The Majority of Americans Still View Homeownership as the American Dream

Buying a home is a powerful decision, and it remains a key part of the American Dream. Let’s explore just a few of the reasons why so many Americans continue to value homeownership.

>>The Financial Benefits of Owning a Home

Over time, owning a home not only helps boost your own net worth, but it also sets future generations up for success as you pass that wealth down. That may be why the Mynd report also says:

“Most Americans (78%) still associate homeownership with the ‘American dream.’ And nearly two-thirds of Americans (65%) see homeownership as a means of building intergenerational wealth.”

>>The Non-Financial Benefits of Homeownership

While the financial benefits of owning a home are important, becoming a homeowner impacts you on a social and emotional level, too. As Mark Fleming, Chief Economist...


The Jen Wilson Team

Buying a home is a powerful decision, and it remains a key part of the American Dream. In fact, the 2022 Consumer Insights Report from Mynd found the majority of people polled still view homeownership as a key life achievement. Let’s explore just a few of the reasons why so many Americans continue...

Key Factors Affecting Home Affordability TodayWhile it’s true rates have risen dramatically, it’s important to remember ...
11/07/2022
Key Factors Affecting Home Affordability Today

Key Factors Affecting Home Affordability Today

While it’s true rates have risen dramatically, it’s important to remember they aren’t the only factor in the affordability equation. Here are three measures used to establish home affordability: home prices, mortgage rates, and wages.

>>1. Mortgage Rates

This is the factor most people are focused on when they talk about homebuying conditions today. So far, current rates are almost four full percentage points higher than they were at the beginning of the year.

That increase in mortgage rates is impacting how much it costs to finance a home purchase, creating a challenge for many buyers that’s pricing some out of the market.

>>2. Home Prices

The second factor at play is home prices. Home prices have made headlines over the past few years because they skyrocketed during the pandemic.

But while prices are still elevated in...


The Jen Wilson Team

Every time there’s a news segment about the housing market, we hear about the affordability challenges buyers are facing today. Those headlines are focused on how much mortgage rates have climbed this year. And while it’s true rates have risen dramatically, it’s important to remember they aren...

Homeownership Wins Over Time [INFOGRAPHIC]If you’re questioning whether or not to buy a home this year due to today’s co...
11/04/2022
Homeownership Wins Over Time

Homeownership Wins Over Time [INFOGRAPHIC]

If you’re questioning whether or not to buy a home this year due to today’s cooling market, consider the long-term financial benefits of homeownership. As a homeowner, equity increases your wealth. On average, nationwide, home prices appreciated by 290.2% since 1991. Homeownership wins in the long run. If you’re ready to buy a home, DM me today.


The Jen Wilson Team

Some Highlights If you’re questioning whether or not to buy a home this year due to today’s cooling market, consider the long-term financial benefits of homeownership. As a homeowner, equity increases your wealth. On average, nationwide, home prices appreciated by 2% since 1991. Homeownership wi...

Do You Believe Homeownership Is Out of Reach? Maybe It Doesn’t Have To Be.It turns out, millennials aren’t the renter ge...
11/03/2022
Do You Believe Homeownership Is Out of Reach? Maybe It Doesn’t Have To Be.

Do You Believe Homeownership Is Out of Reach? Maybe It Doesn’t Have To Be.

It turns out, millennials aren’t the renter generation after all. The 2022 Consumer Insights Report from Mynd says there’s a portion of millennial and Gen Z buyers who are pursuing homeownership as a way to build their wealth.

Instead of buying a home and moving into it themselves, some young buyers are purchasing a home so they can use it as a rental. This tactic may be gaining popularity, at least in part, because of the affordability challenges brought about by today’s higher mortgage rates. The report above mentions how many people in this group are considering this approach. It says:

“Almost half of Millennials and Gen Z (43%) are considering buying an investment property compared to only 9% of Baby Boomers and 27% of Gen X.”

>>Why Younger Buyers Are Buying a Home To Use as a Rental

This...


The Jen Wilson Team

It turns out, millennials aren’t the renter generation after all. The 2022 Consumer Insights Report from Mynd says there’s a portion of millennial and Gen Z buyers who are pursuing homeownership as a way to build their wealth, but it may not be exactly the way previous generations have done it. ...

Sell Your House Before the HolidaysAs you look ahead to the winter season, you’re likely making plans and thinking about...
11/02/2022
Sell Your House Before the Holidays

Sell Your House Before the Holidays

As you look ahead to the winter season, you’re likely making plans and thinking about what you want to achieve before the year ends. One of those key decision points could be whether or not you want to move this year.

If you’re ready to make your decision, here are three reasons you may want to consider selling before the holidays.

>>1. Get One Step Ahead of Other Sellers

Homeowners are less likely to list their houses toward the end of the year. Selling now, while other homeowners may hold off until after the holidays, can help your house stand out.

Start the process with a real estate professional today so you can get your house on the market and get ahead of your competition.

>>2. Get In Front of Serious Buyers This Season

Even though housing supply has increased this year as buyer demand has moderated, it’s still low overall. That means...


The Jen Wilson Team

As you look ahead to the winter season, you’re likely making plans and thinking about what you want to achieve before the year ends. One of those key decision points could be whether or not you want to move this year. If the location or size of your current home no longer meets your needs, finding...

3 Trends That Are Good News for Today’s HomebuyersAs the market has cooled this year, some of the intensity buyers faced...
11/01/2022
3 Trends That Are Good News for Today’s Homebuyers

3 Trends That Are Good News for Today’s Homebuyers

As the market has cooled this year, some of the intensity buyers faced during the peak frenzy of the pandemic has cooled too. Here are just a few trends that may benefit you when you go to buy a home today.

>>1. More Homes To Choose from

According to Calculated Risk, the supply of homes for sale increased by 39.5% for the week ending October 28 compared to the same week last year.

Even though it’s still a sellers’ market and supply is still lower than more normal levels, you have more to choose from in your home search. That makes finding your dream home a bit less difficult.

>>2. Bidding Wars Have Eased

According to the National Association of Realtors (NAR), the average number of offers on recently sold homes has declined. This September, the average was 2.5 offers per sale. In contrast, last September, the average was 3.7...


The Jen Wilson Team

While higher mortgage rates are creating affordability challenges for homebuyers this year, there is some good news for those people still looking to buy a home.

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Why Jen??

Let’s talk about you and your goals! If they involve real estate, you’re in the right place. In today’s virtual way of doing life and business, you deserve a community partner in real estate who understands NY’s Capital Region market as well as all the virtual and cutting edge technology needed to buy or sell a home today. Our approach is simple. We focus on getting results while considering one of the largest financial decisions in a person’s life. Our clients are not just a business transaction. The emotion that comes with buying and selling a home requires open communication between client and agent, patience and above all, an understanding of how personal the process can be. While working with our buyers and sellers, our approach is uniquely created to accommodate today’s ever-changing market and technology. We are able to make the process completely virtual, or on a more personal level if you prefer for our buyers. We pride ourselves on top-notch marketing while maintaining close contact with our clients throughout the entire real estate transaction. As a result, our valued clients and friends continue to refer their neighbors, business associates, family and others for my trusted advice on buying and selling their homes. Our clients have helped make us a top producing team in the industry for the past 10+ years,and they are the heart and soul of the top notch service we provide to our network of clients throughtout the Capital Region.

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Isabella, 9, is a is charming, articulate, veteran survivor of Acute Lymphoblastic Leukemia (ALL type 😎. She was diagnosed right before her 4th Birthday and treated for 2 yrs at AMC/Melodies Center. Now, Bella has been in remission for 3 yrs with no side effects. She just went for her 6-month check-up on 12/15 and her numbers were great! She won’t have to go back for a blood check until June 2021! Yeah, Bella! Special thank you to The Jen Wilson Real Estate Team Albany NY for making this tote possible!
Every time Jen Wilson sells, the Wicklund Warriors get a share of her commission. for small businesses like hers that support our mission. Town of Colonie Homes & Lifestyle
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