Uncategorized If Your House Hasn’t Sold Yet, It May Be Overpriced Has your house been sitting on the market a while without selling? If so, you should know that’s pretty unusual, especially right now. That’s because the supply of homes available for sale is still far lower than what we’d see in a normal year.
Buyer Why Mortgage Rates Could Continue To Decline When you read about the housing market, you’ll probably come across some information about inflation or recent decisions made by the Federal Reserve (the Fed). But how do those two things
Uncategorized Sell Smarter: Why Working with a Real Estate Agent May Beat Going Solo Going this route means taking on a lot of responsibilities by yourself – and that can be a bit of a headache. A recent report from the National Association of
Buyer Buying A Home During Off-Season: Here’s Why You Should Do It Even though winter is typically a slow time for real estate, it doesn’t mean it isn’t a good time to purchase a home. Buying a home during this traditional “off” season could work for you depending on the real estate market where you want to move and your personal circumstances.
Uncategorized What You Need To Know About Down Payments [INFOGRAPHIC] With the right resources, your down payment may be more within reach than you realize. Talk to a local real estate expert to learn more about …
General 6 Little But Meaningful Ways To Be A Good Neighbor If you want to have a good neighbor, you have to be a good neighbor first. And learning how to be a good neighbor is a skill that can be equally as impactful on you as it can on your neighborhood. Here are six little but valuable practices to help you become the kinder, more caring neighbor you’d want to live next to, not only now that the holiday spirit is in the air, but for the whole year round.
General 5 Tips For An Easier Thanksgiving Cleanup If You’re Hosting For the First Time Thanksgiving is easily anyone’s favorite holiday of the year. With each bite of the glorious roast turkey, spoonfuls of delicious mashed potatoes, gravy, and cranberry sauce, and even a slice of pumpkin pie, we are transported closer to Christmas and the spirit of giving.But with a great feast comes a huge cleanup, which many are not looking forward to. You may be all set and ready for the Thanksgiving dinner, especially if you’re hosting for the first time in your new home, but have you thought about the subsequent cleaning load?
Buyer 5 Things You Didn’t Think You Need To Ask About Before Buying A House If you’re feeling stuck not knowing what else to know about the property, we’ve pulled together a list of some things that may not be so obvious to ask but can get you closer to finding a home that's a good match for your lifestyle and budget.
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Buyer Honoring All Who Served and The Many Advantages of VA Loans Thank you, dear veterans, for your valor, strength, service, and dedication to protect us and keep us safe.
Uncategorized Understanding Seller Concessions: What Are They and How Do They Work? Whether you’re a buyer looking for your first home or a seller preparing to list your property for sale, you’ve probably heard the term “concessions” in real estate. But what exactly does that refer to? Seller concessions, which are also called seller assist or seller contributions, are the costs a seller agrees to pay to […]
Seller 5 Tips To Help Sell Your Home in The Fall Housing inventory during fall tends to be lower than it is in the spring and summer months, so sellers might be more likely to attract serious autumn buyers. But to successfully sell your home, you might as well need to consider a few different approaches. Keep on reading to get a list of worthy tips that take your house from “For Sale” to “Sold” before the last leaf falls.
Uncategorized Understanding the Benefits of Owning Your First Home With a fixed-rate mortgage, your monthly principal and interest payment is set for as long as you keep the loan. Sign a rental lease, however, and you could see your rent rise the following year, the year after that and so on.
Buyer Unpacking the Long-Term Benefits of Homeownership If you’re thinking about buying a home soon, higher mortgage rates, rising home prices, and ongoing affordability concerns may make you wonder if it still makes sense to buy a home right now. While those market factors are important, there’s more to consider. You should think about the long-term benefits of homeownership too.
Homeowner Home Prices Are Not Falling Home prices aren’t falling anymore. . . The surprisingly quick recovery suggests that the residential real-estate downturn is turning out to be shorter and shallower than many housing economists expected .
Buyer How Homeowner Net Worth Grows with Time [INFOGRAPHIC] If you’re thinking about buying a home this year, be sure to consider the long-term financial advantages of homeownership, like home equity.
Buyer Are You a Homebuyer Worried About Climate Risks? As the specter of climate change looms large, the world braces for unprecedented challenges. In the world of real estate, one of those challenges will be the effects of natural catastrophes on property portfolios, homeowners, and communities.
Uncategorized Beware of These 5 Hidden Costs When Selling Your Home If you’ve been thinking about listing your property for sale, you probably already know about the obvious costs associated with selling, such as real estate commissions and closing costs. However, there are also such things as “hidden” costs, which include a variety of smaller expenses that you need to factor in to avoid unsettling surprises and help ensure that you get top dollar for your biggest investment. Read on to get a brief overview of these hidden costs of selling a home. 
Homeowner Four Ways You Can Use Your Home Equity If you’re a homeowner, odds are your equity has grown significantly over the last few years. Equity builds over time as home values grow and as you pay down your home loan. And, since home prices skyrocketed during the ‘unicorn’ years, you’ve likely gained more than you think.According to the latest Equity Insights Report from CoreLogic, the average homeowner has more than $274,000 in equity right now. That much equity can help you achieve certain goals. In a recent article, Bankrate elaborates: “While the pandemic created serious challenges, the silver lining for anyone who owned a home was the sizable equity gain. Understanding how home equity works, and how to leverage it, is important for any homeowner.”
Buyer Why Is Housing Inventory So Low? One question that’s top of mind if you’re thinking about making a move today is: Why is it so hard to find a house to buy? And while it may be tempting to wait it out until you have more options, that’s probably not the best strategy. Here’s why.There aren’t enough homes available for sale, but that shortage isn’t just a today problem. It’s been a challenge for years. Let’s take a look at some of the long-term and short-term factors that have contributed to this limited supply.Underbuilding Is a Long-Standing ProblemOne of the big reasons inventory is low is because builders haven’t been building enough homes in recent years. The graph below shows new construction for single-family homes over the past five decades, including the long-term average for housing units completed:
Uncategorized 5 Questions Your Real Estate Agent Cannot Answer, and Why It’s best to hire a trusted and knowledgeable real estate agent to help you in your house-hunting journey. Expect them to be your go-to person for almost all the advice you’ll need regarding the complicated, and often stressful, homebuying process. And yet, if you ask them certain questions, you might be puzzled to find them feeling tongue-tied. Be aware that there are some queries that your realtor couldn’t answer legally. This is because some things are off-limits under the Fair Housing Act (FHA), a federal law enacted in 1968 that prohibits discrimination in the purchase, sale, rental, or financing of housing based on race, religion, sex, skin, color, nationality, or family/economic status.