Exceptionally strong demand, historically low supply and record low mortgage rates are combining to fuel the fastest home price growth since 2018. Nationally, home prices in July were 5.5 percent higher than in 2019. That is a marked increase from the 4.3 percent annual gain seen in June, according to CoreLogic, an analytics provider. Falling …
Home prices suddenly see biggest gains in 2 years Read More »
Many homeowners won’t even consider listing their home, because they can’t afford extensive remodeling to get it ready for sale. But sometimes it’s not the major renovations that buyers notice. Consider this checklist of cheaper to-do’s before hanging that for-sale sign. 1. Quick-clean the exterior and landscape. They don’t call it curb appeal for nothing. …
Technology and good-old-fashioned creativity are helping agents, buyers, and sellers abide by COVID-19 health and safety practices while getting deals done. Some buyers are touring houses virtually. Others visit in person while remaining at least six feet from their agent. Sellers are hosting open houses on Facebook Live. Appraisers are doing drive-by valuations. Buyers are …
Home Buying and Selling During the Pandemic: What You Need to Know Read More »
Millennial veterans and military members are helping fuel the resurgence of the historic VA loan program. Last year’s 700,000-plus loans were more than double the agency’s total from five years ago. Younger buyers in particular have flocked to these government-backed mortgages during a time of tight credit and flatlining wage growth. The VA says millennials …
Maybe you’ve read lots of advice on selling a house. But do you know the biggest mistake many people make when selling a house? Not understanding real estate value. You see, it doesn’t matter what you think your home is worth. It doesn’t matter what you did to make in nicer for your family. The …
There is one word to describe the current housing market: optimistic. Despite months of hearing about a housing bubble and rising mortgage rates, the outlook for real estate is good. The worries of a bursting real estate bubble actually seem to be low among homeowners. In a national survey conducted by ING Direct, most individuals …
If you’re new to Florida, then you’ve probably already realized how diverse culture is in the Sunshine State. The cost of living, schools, and people will vary from the Georgia, Tennessee and Alabama connections of life in the Panhandle, to Latino influences in the most southern tip. The good news about getting adjusted to life …
Sure, you know what kind of equity you put into your own home, but how much did that other house down the street sell for? What kind of pricing is affecting the homes around you currently? Do you know how to reach out to prospective home buyers? All you have to do is look around …
Many home buyers and sellers use the term “REALTOR®” to describe all real estate agents, but there is a big difference. REALTORS® have more training and accreditation than the average real estate agent, and can draw upon more resources to get the best deal for your real estate investment. This article outlines some of the …
Baby boomers are those individuals born during the period from roughly 1945 to 1964. Following World War II, peace and economic prosperity occurred for roughly twenty years. Along with this came an explosion in the birth rates in the United States. This increase in birth rates created a bulge in the overall population, to wit, …
Thoughts on the Future of the Real Estate Market Read More »
