Todd Headrick's Blog Posts

For the first time since 2020, housing affordability improved year over year. This is largely due to a drop in mortgage rates, which have dipped from 7.07% to 6.09% over the past year. While this is

By now, you’ve probably heard about the news: the Federal Reserve recently cut interest rates for the first time in four years. But what does that really mean for home buyers and sellers?

For most homeowners, selling a home feels less like a straightforward transaction and more like taking on a second job. A job that doesn’t just demand your money but also your most precious

No matter how many elections you’ve lived through, each one can feel a bit like a wildcard when November draws near and you’re wondering whether you should make a move—or wait

A little backstory:  Back in March, the National Association of Realtors (NAR) agreed to a settlement deal. The organization agreed to both a monetary settlement as well as real estate

When it comes to selling your home, making a great first impression is crucial. But what if you don't have the budget for a major renovation?  Luckily, new data from Zillow and Thumbtack

Selling a home is considered more stressful than planning a wedding.  Yes, you read that right! According to a recent study by Opendoor, selling a home is 35% more stressful than planning

 Let’s face it—between repairs, closing costs and commissions, the costs associated with selling your house can add up fast. Case in point: homeowners reported spending $54,616 when

You may have noticed an uptick in construction and newly built homes. But it’s not just a trend we’re seeing here in Sioux Falls. In fact, about one-third of single-family homes for sale

Thinking about sprucing up your home? Whether you're planning to sell soon or just want to enhance your living space, remodeling can be a great investment. But not all projects offer the same return

Buying a home is a major milestone, but it’s not always the right time for everyone. It’s important to remember that a home purchase is a long-term investment, and making this decision

The 2020s housing market continues to defy expectations.  National home prices have surged over the past four years, surpassing growth experienced in entire previous decades. This rapid climb

When it comes to long-term investments, Americans have a clear favorite: real estate.  According to a recent Gallup poll, 36% of Americans believe real estate is the best long-term

A recent study by Fannie Mae revealed a surprising lack of confidence among consumers about the mortgage process. There’s good reason to feel a little cautious. Here in Sioux Falls, home

There’s nothing like the moment when you’ve found your dream home. It’s easy to get caught up in the excitement and make moves to finalize everything as quickly as possible. And

Now, more than ever, having the right home insurance is essential. But with rates on the rise, how do you ensure you're getting the best coverage without breaking the bank? Let's explore the

Lately, there's been a lot of buzz about what's next for home prices, especially with 2024 shifting gears in some markets. Here in Sioux Falls, we saw inventory slowly growing during the first six