Housing crashes, typically caused by a perfect storm of problems built up over time, are often unpredictable. What we know right now is that leading indicators show a strong economy and don’t support theories that the real estate market is on the precipice of a downturn. So stressing over the possibility of a crash could cause you to miss out …
Where Are Home Values Headed Over The Next Few Years?
There are many questions about where home prices will be next year as well as where they may be headed over the next several years to come. We have gathered the most reliable sources to help answer these questions: The Home Price Expectation Survey – A survey of over 100 market analysts, real estate experts, and economists conducted by Pulsenomics …
Who Represents You in a Real Estate Transaction?
By knowing where your agent’s loyalties lie, you’ll know what you can tell her and what you can’t. (If, for example, you’re dealing with an agent who doesn’t represent you but is representing the sellers of a home you want to buy, you won’t want to tell her how high you’re willing to go on the price.) In some states, …
‘I Want to Buy a House’: A Guide to Taking the Real Estate Plunge
Step No. 1: Boost your credit score What do these three numbers have to do with buying a home? Well, pretty much everything. Your credit or FICO score—which reflects how dependable you are at paying bills—directly affects the interest rate on your mortgage and the amount of your monthly payments. Most lenders require a minimum score of 620 for a …
2 Ways To Get The Most Money From The Sale Of Your Home
Every homeowner wants to make sure they maximize their financial reward when selling their home. But how do you guarantee that you receive the maximum value for your house? Here are two keys to ensure that you get the highest price possible. 1. Price it a LITTLE LOW Instead of the seller trying to ‘win’ the negotiation with one buyer, …
Just How Important Is a Bathtub for Resale?
It’s long been believed that every home needs at least one bathtub to attract the widest group of buyers. But with increased interest in big, well equipped, walk-in showers, does a tub really matter that much? This article originally appeared on REALTORMag BY BARBARA BALLINGER | February 2018 Bathrooms reflect trends as much as any room in a house does. Back …
7 Home Reno’s That Will Increase Your Resale Value Big Time
You want to make the most money possible when it comes time to sell your home. The way to do that is by improving and updating the things in your home that buyers look for the most. We compiled this list for those looking to boost their resale value. It’s important to focus on the renovation projects that will net …
Things You Shouldn’t Do When Buying a Home
The last thing in the world you would ever want is to spend a bunch of time searching for a home, finding that perfect place and then not being approved for your mortgage. There are also many common mistakes homebuyers make that could make the process much more painful than it has to be. We’re writing this article because we …