Navy Fellas Realty Group

Real Estate, Residential sales and purchase

What’s Ahead For Mortgage Rates This Week – February 9th, 2026

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While Consumer Sentiment has inched up slightly, Consumer Credit tells a different story. Credit usage has continued to rise, suggesting increased financial strain on consumers amid ongoing economic pressures such as inflation. Although another rate cut is still expected, its likelihood remains uncertain under the current administration.

Consumer Sentiment
Consumer sentiment was essentially unchanged, inching up less than one index point from last month and sitting about 20% below January 2025. Sentiment surged for consumers with the largest stock portfolios, while it stagnated and remained at dismal levels for consumers without stock holdings.

Consumer Credit
In 2025, consumer credit increased 2.4 percent, with revolving and nonrevolving credit increasing 3.4 percent and 2.0 percent, respectively. During the fourth quarter, consumer credit increased at a seasonally adjusted annual rate of 3.0 percent, while in December it increased at a seasonally adjusted annual rate of 5.7 percent.

Primary Mortgage Market Survey Index

  • 15-Year FRM rates saw an increase of 0.01%, with the current rate at 5.50%
  • 30-Year FRM rates saw an increase of 0.01%, with the current rate at 6.11%

MND Rate Index

  • 30-Year FHA rates saw a decrease of -0.04%, with current rates at 5.75%
  • 30-Year VA rates saw a decrease of -0.04%, with current rates at 5.77%

Jobless Claims
Initial Claims were reported to be 231,000 compared to the expected claims of 212,000. The prior week landed at 209,000.

What’s Ahead
GDP Estimates and PCE Index Inflation Data is set to release next week as the largest data releases.

What Homeowners Need to Know About the Benefits of a Home Energy Audit

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With rising utility costs and growing awareness around sustainability, many homeowners are looking for practical ways to improve energy efficiency. One of the most effective first steps is scheduling a home energy audit. A home energy audit is a professional evaluation of how your home uses energy and where improvements can be made to reduce waste, lower costs, and enhance comfort.

Identifying Areas of Energy Loss
A home energy audit provides a detailed look at where your home may be losing energy. Certified auditors assess insulation, heating and cooling systems, windows, appliances, and lighting to determine what areas are contributing to inefficiency. Specialized tools help pinpoint drafts, air leaks, and underperforming systems that may not be obvious during everyday living.

Reducing Monthly Energy Expenses
Once inefficiencies are identified, homeowners can take targeted steps to reduce energy consumption. Improvements such as sealing air leaks, upgrading insulation, or replacing outdated equipment can lead to meaningful savings over time. Even smaller adjustments recommended through an audit can help lower utility bills and improve long-term affordability.

Improving Comfort and Indoor Air Quality
Energy efficiency upgrades often improve more than just cost. A well-sealed and properly insulated home tends to maintain more consistent temperatures throughout the year. Audits can also uncover ventilation concerns, which may impact indoor air quality. Addressing these issues creates a more comfortable and healthier living environment.

Supporting Environmental Sustainability
Reducing energy waste helps lower the demand for electricity and heating fuel, which contributes to decreased greenhouse gas emissions. Homeowners who make energy improvements after an audit are not only saving money, they are also supporting broader environmental conservation efforts through more responsible energy use.

Taking Advantage of Rebates and Incentive Programs
Many utility providers and government programs offer rebates or incentives for energy-efficient home upgrades. A home energy audit can help you understand which improvements may qualify and provide the documentation needed to access financial assistance. These programs can make upgrades more affordable and encourage homeowners to invest in efficiency.

A home energy audit offers valuable insight into your home’s energy performance and provides a clear roadmap for making impactful improvements. By reducing energy costs, enhancing comfort, supporting sustainability, and unlocking potential incentives, an audit can be a smart investment for any homeowner. Prioritizing recommended upgrades based on your budget and potential savings can help you move toward a more efficient, comfortable, and energy-conscious home.

Should You Sell Your Home As-Is?

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When preparing to sell a home, homeowners have several paths to consider. One option that is becoming increasingly common is selling a property as-is. This means the home is listed and sold in its current condition, without the seller completing repairs or renovations before closing. While this approach can offer convenience, it is important to understand both the benefits and potential trade-offs before making a decision.

Pros of Selling a Home As-Is
Selling a home as-is can be an appealing choice for homeowners who want a simpler and faster selling experience. Because no repairs are required, sellers can avoid the time, stress, and expense that often come with renovation projects. This option may be especially helpful for those facing a tight timeline, managing an inherited property, or wanting to move forward without additional investments.

Another advantage is cost savings. Repairing a home can quickly become expensive, particularly if there are larger structural or mechanical issues. By selling as-is, homeowners can avoid contractor fees, materials, and unexpected costs that sometimes arise once repairs begin.

In many cases, selling as-is can also attract buyers looking for fixer-uppers or investment opportunities. These buyers are often prepared to take on renovations themselves, which can lead to quicker sales compared to homes requiring extensive updates.

Disadvantages of Selling a Home As-Is 
Buyers typically factor repair costs into their offers, which may reduce the amount you receive compared to selling a move-in-ready home. In some situations, sellers may not achieve full market value because of the home’s condition.

Although selling your home as-is may be quicker and easier, it usually leads to a reduced sale price.
Selling as-is may also limit the number of interested buyers. Many homebuyers prefer properties that require minimal work, which means your listing may appeal mainly to investors or experienced buyers willing to manage repairs. This can narrow the buyer pool and affect competition.

It is also important to note that selling as-is does not remove legal disclosure requirements. Sellers are still responsible for disclosing known material defects. Failure to do so can lead to serious legal complications after the sale.

Key Considerations Before Selling As-Is
Before choosing this route, it is helpful to evaluate the home’s overall condition. Some minor repairs or cosmetic improvements may significantly increase buyer interest and allow for a higher selling price.

Understanding what truly needs attention can help you decide if selling as-is is the best strategy.
Consulting with real estate professionals is also essential. An experienced agent can provide insight into your local market, buyer expectations, and pricing strategies. Their guidance can help you position the property correctly and avoid surprises during negotiations.

Finally, weigh the financial impact carefully. Compare the estimated cost of repairs against the potential increase in sale price. In some cases, the convenience of selling as-is may outweigh the additional profit that renovations could bring, but this calculation depends on your goals and timeline.

Selling a home as-is can be a practical solution for homeowners seeking a faster, lower effort sale. However, it is important to understand the potential challenges, including pricing adjustments and a smaller pool of buyers. By assessing the property, seeking professional advice, and reviewing the financial trade-offs, you can make an informed decision that supports your selling goals.

Investing in a Sustainable Future Green Real Estate

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In the ever-evolving landscape of real estate, an increasing number of investors and homebuyers are recognizing the importance of sustainability and eco-friendliness. Green real estate, which encompasses properties designed with a focus on environmental efficiency and resource conservation, is gaining prominence as a smart and responsible investment. This blog explores the key aspects of green real estate and why it is becoming an attractive option for consumers.

Environmental Benefits of Green Real Estate:
Green real estate developments prioritize eco-friendly construction practices and materials. These projects often incorporate renewable energy sources, efficient insulation, and sustainable landscaping. By choosing green real estate, investors contribute to reducing carbon footprints and minimizing the environmental impact of urban development.

Energy Efficiency and Cost Savings:
One of the most appealing aspects of green real estate is its emphasis on energy efficiency. Sustainable homes are equipped with energy-saving appliances, solar panels, and advanced insulation, leading to lower utility bills. Over time, these cost savings can significantly offset the initial investment, making green properties financially attractive in the long run.

Healthy Living Spaces:
Green real estate is designed with occupant health in mind. Features such as improved indoor air quality, non-toxic building materials, and ample natural light contribute to a healthier living environment. Buyers are increasingly valuing properties that prioritize well-being, making green homes a sought-after choice.

Government Incentives and Certifications:
Many governments around the world offer incentives for green building initiatives. These can include tax credits, rebates, and grants for energy-efficient upgrades. Additionally, third-party certifications, such as LEED (Leadership in Energy and Environmental Design), can add value to a property and assure buyers of its sustainability credentials.

Resilience to Market Changes:
As awareness of climate change grows, so does the demand for sustainable living spaces. Investing in green real estate positions buyers to meet the evolving preferences of the market. Sustainable properties are likely to maintain or increase their value over time, making them a resilient and future-proof investment.

Community and Social Impact:
Green real estate projects often contribute to community well-being. Sustainable neighborhoods may feature green spaces, communal gardens, and pedestrian-friendly infrastructure, fostering a sense of community. Investors in green real estate play a part in creating positive social and environmental impacts.

Green real estate represents more than just a trend, it is a meaningful shift toward smarter, healthier, and more sustainable living. By investing in eco-friendly properties, buyers and investors can enjoy long term financial benefits, improved quality of life, and the satisfaction of supporting a cleaner future.

As sustainability continues to shape the real estate market, green building practices will play an essential role in creating resilient communities and lasting value for generations to come.

Why Flexible Bonus Rooms Matter More Than Home Theaters

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When you are searching for a home, it is easy to get excited about dramatic features like built-in home theaters. They look impressive, they photograph well, and they feel luxurious during a showing. But as real estate professionals, we see something different in day-to-day living.

Most buyers end up valuing flexible bonus rooms far more than dedicated home theaters. A bonus room can adapt to your changing lifestyle, while a home theater often serves one purpose and one purpose only. Understanding the difference helps you choose a home that supports how you actually live.

Bonus Rooms Adapt as Your Life Changes
The biggest advantage of a flexible bonus room is its ability to grow with you. Today it might be a home office, tomorrow it could be a nursery, guest room, gym, or craft space. As your needs shift, the room shifts with you. Home theaters, on the other hand, are designed for single use. They often require dark rooms, built-in seating, and specialized wiring, which limits how easily you can repurpose the space later.

Buyers Want Multi-Use Spaces, Not Just Entertainment
Most buyers tell us they want space that makes their life easier, not space they only use on weekends. With so many people working remotely or running side businesses, bonus rooms quickly become one of the most valuable parts of a home. They offer flexibility for work, hobbies, or extra storage. Home theaters are fun, but they rarely make the top of the must-have list for practical buyers who prioritize everyday functionality.

Home Theaters Can Be Expensive to Update or Remove
A dedicated theater room sometimes requires upgrades, repairs, or removal to make it functional for another purpose. The built-in risers, heavy wiring, dark paint, and specialty lighting can be costly to undo. Buyers often see them as projects instead of perks. A bonus room, however, is a blank canvas. With neutral flooring and standard electrical layouts, it can be transformed quickly without major renovation costs.

Flexible Rooms Improve Your Home’s Resale Appeal
Because bonus rooms work for almost any lifestyle, they appeal to a much wider range of buyers. A family may want a playroom, a couple may want a gym, and a remote worker may want an office. A single-purpose home theater only appeals to a small percentage of buyers. When a room can meet multiple needs, it adds real value and increases your home’s marketability when you decide to sell.

Bonus Rooms Support Everyday Living
At the end of the day, your home needs to work for your daily routine. Flexible rooms create space for the things that matter most. Whether you need a quiet work area, a spot for kids to play, or a peaceful place to unwind, a bonus room gives you long-term freedom. Home theaters offer entertainment, but bonus rooms offer convenience and comfort every single day.

Choosing a home with a flexible bonus room gives you more versatility, more value, and more long-term usefulness than a dedicated home theater. It is the kind of space that adapts with your life, supports your routine, and makes your home feel truly functional.

What’s Ahead For Mortgage Rates This Week – February 2nd, 2026

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While many were optimistic about an additional rate cut, the Federal Reserve has decided to maintain current interest rates pending further data. They have previously stated that at least one more rate cut would follow the last one, but their stance now appears to depend on the availability of sufficient supporting data.

Recent Core PPI reports have also been released, and the data conflicted with earlier CPI and non-core PPI reports. The reports showed that inflation for producers along major production pathways has increased more than expected. This is likely to result in a noticeable increase in wholesale prices across the board.

Additionally, despite the policy intentions behind the tariffs, the trade deficit has remained firmly elevated amid recent policy changes. It is unlikely that even more significant tariff adjustments will lead to a narrowing of the trade deficit. Consumer confidence has also declined for another consecutive week, despite the economy continuing to show signs of strength.

Core PPI
The cost of wholesale goods and services rose sharply at the end of last year, underscoring that the battle against inflation is far from over as President Donald Trump names his pick for chair of the Federal Reserve. Producer prices jumped 0.5% in December, an index published by the government showed. The report was delayed by the government shutdown last fall.

Trade Deficit
The trade deficit fell a few months ago to a 16-year low, but it was fool’s gold. The U.S. is still running a trade gap near historically high levels. In November, the deficit almost doubled to $56.8 billion from just $29.2 billion in October.

Consumer Confidence
The stock market keeps hitting record highs, unemployment is low and the economy is growing surprisingly fast, but Americans were in a foul mood as the new year got under way. A long-running survey of consumer confidence fell in January to a 12-year low, dipping below even the worst readings during the pandemic.

Primary Mortgage Market Survey Index

  • 15-Year FRM rates saw an increase of 0.05%, with the current rate at 5.49%
  • 30-Year FRM rates saw an increase of 0.01%, with the current rate at 6.10%

MND Rate Index

  • 30-Year FHA rates saw a decrease of -0.06%, with current rates at 5.79%
  • 30-Year VA rates saw a decrease of -0.06%, with current rates at 5.81%

Jobless Claims
Initial Claims were reported to be 209,000 compared to the expected claims of 205,000. The prior week landed at 210,000.

What’s Ahead
Unemployment Data, Consumer Credit, and U.S. Hourly Wages are set to release next week, with an additional Consumer Sentiment report by the Univ. of Michigan.

What to Weigh Before Moving Your Family to a New School District

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Choosing a home often means choosing a school district, and for many families, this becomes one of the most important parts of the homebuying process. A strong school district can support your child’s education, shape daily routines, and even influence long-term property value. As real estate professionals, we help families evaluate school districts not just academically but practically, so they can make a choice that supports both their lifestyle and their investment.

Consider the Academic Reputation of the District
Academic performance is usually the first factor familiesí review. Test scores, graduation rates, teacher qualifications, and school rankings offer a general picture of a districtís strengths. While these metrics are helpful, it is also important to look at class size, program diversity, and available support services. A high-ranking school is valuable, but the right fit depends on your childís learning style and needs.

Evaluate the Daily Commute for Kids and Parents
School district boundaries can greatly affect your family’s schedule. Longer commutes may mean earlier mornings, more time in the car, and challenges with after-school activities. When considering a new district, map out the distance between school, home, and each parent’s workplace. A shorter, smoother commute often results in less stress and more time together as a family.

Look at Extracurricular and Special Programs
Many parents choose school districts not just for academics, but for special programs. Athletics, music, advanced placement courses, STEM offerings, and special education services can vary widely between districts. If your child has specific interests or needs, make sure the district supports them. A home in a district with strong programs can be a long-term advantage for your entire family.

Pay Attention to Property Taxes and Housing Costs
Homes in sought-after school districts often come with higher price tags and higher property taxes. While these areas tend to maintain strong resale value, they also require a realistic budget. Before moving, compare taxes, home prices, and long-term affordability. A district with excellent schools may be worth the investment, but it should still fit comfortably within your financial plan.

Consider the Community and Neighborhood Culture
A school district is part of a larger community. Look at parks, libraries, sports leagues, and neighborhood events. Many families prefer areas with strong community involvement because it creates a supportive environment for both kids and adults. Visiting playgrounds, attending open houses, or touring the area on weekends can help you get a true sense of the neighborhood.

Moving to a new school district is a big decision, but when you carefully weigh academics, lifestyle, affordability, and community, you can choose a location that supports your child’s growth and strengthens your long-term investment. The right district should work for your family today and continue to fit your needs as your children grow.

What Peeling Paint and Sticky Doors May Be Telling You

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When you walk through a home, the little details can reveal more than you might expect. Peeling paint and sticky doors may look like small cosmetic issues, but they can signal deeper problems that should not be ignored. As real estate professionals, we encourage buyers to pay close attention to these signs during showings and inspections. Understanding what these issues may be telling you helps protect your investment and gives you a clearer picture of the home’s true condition.

Peeling Paint May Signal Moisture Issues
Peeling or bubbling paint is often caused by moisture trapped behind the surface. While it can happen from humidity or improper paint application, it is sometimes a sign of water leaks, plumbing problems, or poor ventilation. Pay close attention to peeling paint in bathrooms, kitchens, basements, or near windows. Moisture-related paint damage should always be evaluated carefully because it can indicate mold, wood rot, or hidden water intrusion.

Sticky Doors May Indicate Foundation Shifts
Doors that stick, drag on the floor, or do not close properly might seem like minor annoyances, but they can indicate foundation settlement. Homes naturally shift over time, but excessive movement can affect doorframes, windows, and flooring. Sticky doors on multiple levels of the home or paired with visible cracks in walls can be signs of structural changes. A professional inspection can determine whether the issue is normal settling or a more serious problem.

Peeling Paint Near Windows May Point to Drafts or Aging Materials
If paint is peeling near window frames or sills, it can indicate drafts or wood deterioration. Older windows may allow moisture to seep in, which causes paint to separate. This can lead to reduced energy efficiency, higher utility bills, and potential long-term damage. Buyers should check whether the windows need repair or replacement. Updated, energy-efficient windows add value and prevent future maintenance issues.

Sticky Interior Doors Could Signal High Humidity
Not all sticky doors are related to foundation issues. In some cases, they are caused by interior humidity levels, especially in homes without proper ventilation or inconsistent climate control. Wood expands when exposed to moisture, which can make doors swell and stick. While this issue is less serious, it can still indicate the need for better ventilation or HVAC adjustments.

Use These Clues to Ask the Right Questions
Every home has quirks, but peeling paint and sticky doors are clues worth investigating. Bring these concerns to your real estate professional and home inspector. They can help you determine whether the issue is cosmetic, easily fixable, or a sign of something larger. Asking the right questions early helps you make an informed, confident decision and avoid unexpected repair costs.

Small details can reveal big insights. By paying attention to peeling paint, sticky doors, and other subtle signs, you can better understand a homeís condition and choose a property that supports your safety, comfort, and long-term value.

The Most Overrated Home Features and What Buyers Actually Use

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When you are shopping for a home, it is easy to be distracted by features that look impressive during a showing but do not add much value to your everyday life. As real estate professionals, we see buyers fall in love with flashy upgrades that end up unused while overlooking practical features that make a home truly comfortable. Knowing which features are overrated and which ones buyers genuinely rely on can help you choose a home that fits your lifestyle instead of one that simply looks good online.

Expensive High-End Appliances Versus Everyday Function
Luxury appliances often look beautiful, but many homeowners discover they do not use half the functions they paid for. A high-end refrigerator or range can add visual appeal, but unless you love cooking, the extra cost rarely translates to daily value. What buyers consistently appreciate more is a functional kitchen layout, good counter space, and reliable appliances that make meal prep easy and stress free.

Formal Dining Rooms Versus Flexible Living Space
Formal dining rooms are often highlighted in listings, yet most families rarely use them. Many homeowners prefer casual dining areas, open-concept layouts, or multi-purpose spaces that adapt to daily routines. Buyers today are choosing homes with flexible rooms that can function as offices, playrooms, or hobby areas. Versatility matters more than a room dedicated to occasional use.

Large Soaking Tubs Versus Practical Bathroom Upgrades
Soaking tubs look luxurious, but most homeowners admit they use them far less often than expected. Large tubs can require extra cleaning, more hot water, and valuable floor space. Buyers tend to appreciate walk-in showers, double sinks, and smart storage much more. These features offer convenience and comfort for daily living, making them far more valuable long term.

Elaborate Landscaping Versus Low-Maintenance Outdoor Space
Beautiful landscaping may attract attention during showings but maintaining it can become overwhelming. High-maintenance yards with delicate plants or complex designs often lose their charm once homeowners experience the upkeep. Buyers consistently prefer outdoor spaces that are easy to care for, such as simple garden beds, durable turf, shaded patios, and practical entertainment areas.

Specialty Rooms Versus Multi-Use Layouts
Homes sometimes feature wine rooms, theater rooms, or craft rooms that look impressive but may not fit a buyer’s lifestyle. Specialty rooms can be difficult to repurpose and may take space away from more functional needs. Buyers tend to appreciate layouts that allow rooms to grow and change with their lifestyle. A flexible bonus room often wins over a highly specialized space.

Choosing the right home means focusing on features you will use every day. By understanding which upgrades are overrated and which ones provide real value, you can make a smart decision that supports your lifestyle, your comfort, and your long-term investment.

The Long-Term Impact of Buying Next to Commercial Property

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When you start shopping for a home, location becomes one of the most important factors in the decision-making process. One choice buyers often overlook is whether the home is located next to commercial property. At first glance, living near shops, restaurants, or offices may seem convenient. But as real estate professionals, we know that commercial neighbors can bring long-term benefits as well as long-term challenges. Understanding the full impact helps you decide whether the location supports your lifestyle and your investment.

Evaluate Noise, Activity, and Daily Traffic
Commercial properties create activity, and that activity can lead to noise, traffic, and busy surroundings. Restaurants may have late-night deliveries, parking-lot noise, or after-hours crowds. Retail stores may bring higher daytime traffic. Office buildings may create morning and evening congestion. These patterns affect your daily routine more than you might expect. If you value peace, predictable traffic, or quiet evenings, this may influence your decision.

Understand How Commercial Property Affects Resale Value
Homes near commercial areas can be harder to sell depending on the type of business and the neighborhood. Some buyers appreciate convenience, while others avoid busy locations. If the commercial space next door changes over time, it may bring unexpected impacts. A quiet office today could become a late-night restaurant later. Buyers should think beyond their own preferences and consider how future buyers will view the location. Resale value depends on long-term appeal.

Consider the Convenience Factor for Daily Living
Living near commercial property is not always negative. For some buyers, convenience is a major benefit. Being close to grocery stores, childcare, gyms, and restaurants can save time and make daily life easier. If you enjoy walkable neighborhoods and quick access to services, a home near commercial spaces may enhance your lifestyle. The key is determining whether the convenience outweighs the drawbacks for you and your family.

Look Into Future Development Plans
Commercial zones often evolve, and future development can impact your home’s value and quality of life. Before buying, review the city’s planning and zoning maps. Ask your real estate professional whether new businesses, expansions, or rezoning are expected. A new shopping center, apartment complex, or busy road could dramatically change the feel of your street. Being proactive helps you avoid surprises and choose a location with predictable stability.

Weigh Safety, Lighting, and Community Feel
Commercial areas can increase foot traffic and bring more people through your neighborhood. Some buyers appreciate well-lit streets and increased visibility. Others may worry about security or parking overflow. Observe the area at different times of day, including evenings and weekends, to get a realistic feel. A community should feel safe and comfortable based on your lifestyle, your family needs, and your long-term expectations.

Buying next to commercial property is a decision that requires careful thought. With the right perspective, it can offer convenience, walkability, and access to services. But it can also bring noise, traffic, and resale considerations. By weighing the pros and cons ahead of time, you can choose a home that supports both your lifestyle and your long-term investment.