Category: Real Estate
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Closing Facts
5 Closing Facts for Home Purchases What is closing? Closing is the legal transfer of property ownership, also called settlement. Who attends closing? In most states, closings are in person, although remote closings are becoming more common. The participants may include you and your agent, the seller and their agent, and each party’s attorney. Where…
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Investors
In a tough home-sales market, investors are winning Rising prices and shrinking inventory have made it difficult to bid successfully on a home. This is frustrating for home buyers. Why? During the third quarter of 2021, investors bought more than 18 percent of the homes sold in the United States. That equates to 90,000 homes…
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Sellers Have Leverage
Sellers Have Incredible Leverage in Today’s Market With mortgage rates climbing above 3% for the first time in months, serious buyers are more motivated than ever to find a home before the end of the year. “Housing demand remains strong as buyers likely want to secure a home before mortgage rates increase even further next…
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Does your House have what buyers want?
Remote work is here to stay. Many companies are choosing to delay reopening or go remote full-time, and today’s buyers are looking for homes with more space to support their work needs. Among employees looking for new jobs, almost one in ten say it’s because they moved away from the office while working remotely and…
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Looking to Move?
It could be time to build your dream home! While today’s supply of homes for sale is still low, the number of newly built homes is increasing. If you are ready to sell but have held off because you weren’t sure you would be able to find a home to move into, newly built homes…
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What do past years tell us about today’s Real Estate Market?
As you follow the news, you’re likely seeing headlines discussing what’s going on in today’s housing market. Chances are high that some of the more recent storylines you’ve come across mention terms like cooling of slowing wheen talking about where the market is headed. But what do these terms mean? The housing market today is…
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If you’re a Buyer, Is Offering Asking Price Enough?
In today’s real estate market, buyers shouldn’t shop for a home with the expectation they will be able to negotiate a lower sales price. In a typical housing market, buyers try to determine how much less than the asking price they can offer and still get the home. From there, the buyer and seller typically…
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Understand Your Options to Avoid Foreclosure
Even though experts agree there is no chance of a large scale foreclosure crisis, there are a number of homeowners who may be coming face-to-face with foreclosure as a possibility. And while the overall percentage of homeowners at risk is decreasing with time, that’s little comfort to those individuals who are facing challenges today. If…
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Reasons you should consider selling this fall
If you are trying to decide when to sell your house, there may not be a better time to list than right now! Here are four reasons to put your house up for sale sooner rather than later. 1. Your House Will Likely Sell Quickly On average, homes are selling in just 17 days. As…