Market News

Are you planning to put your house on the market? Here is a look at the costs of selling a home. Realtor fee The seller will pay their Realtor a listing commission or brokerage fee. This is discussed when listing the house and may vary with different agents and/ or brokers. Most listing Realtors pay a percentage of that fee …

What if your home had to sell itself? If you couldn’t say a word, what impression would it make? Would people fall in love with it? You want potential buyers to say, “This is a really nice house”. According to 83% of buyers’ agents, staging a home makes it easier for a buyer to visualize the property as a future …

Fair Housing Month is recognized each April by the Association of Realtors to commemorate the landmark 1968 Fair Housing Act, which established a law prohibiting discrimination in housing. Housing discrimination in the United States refers to the historical and current barriers, policies, and biases that prevent equitable access to housing. Housing discrimination became more pronounced after the abolition of slavery, …

Nationwide, only 2% of homes are sold by homeowners and 98% are sold by Realtors. Wouldn’t you want to choose to have the 98% advantage? The typical for sale by owner home sold for $217,900 compared to $295,000 for agent-assisted home sales. On average, homeowners sell their property for 21% less than the price a Realtor could obtain. Trying to …

If your home décor seems stuck in a rut, updating your accessories can bring more spice to your living space. When accessorizing your home, follow these simple tips and tricks from HGTV and HOUSE-BEAUTIFUL.com. Highlight a few favorite accessories at one time.  While it is fun to collect different styles of pillows, artwork and collectibles, displaying them all at once …

It is exciting to buy a home, especially your first one. It is easy to be dazzled by granite, hardwood floors, stainless appliances, and beautiful landscaping. Beware of rationalizing a larger purchase than you planned because, “this house is so perfect that it’s worth $30,000 more,” or “we can spend extra on this house because it doesn’t need anything.” »Overspending: Before …

When considering investment property, you need to know how to make a profit. Remember to look for a good D.E.A.L. »Depreciation is one way to maximize profits from rental property. Depreciation is a reduction in the value of an asset with the passage of time. It is an accounting method of allocating the cost of property over its lifetime. Depreciation …

Many people don’t understand the difference between owner financing, lease-purchase agreements, and renting to own. It can be the best answer to your situation whether you’re a buyer or a seller, but it also can be your worst nightmare leaving you to ask, “Where’s my money?” Owner financing is when a loan is provided by the seller of a property …

I hate to even bring it up because the subject is tired, but COVID-19 has changed so much about the way we live, work, eat and socialize. Many people are working from home and many students are learning from home – in the same house! How do we get quality work done when we’re all talking in the same house …

About 63% of US homeowners are experiencing an equity increase of more than 10.8% year over year between the third quarter of 2019 and third quarter of 2020, according to CoreLogic’s Homeowner Equity Insights Report. That’s a lot! Much of this is due to the historically low mortgage interest rates along with a shortage of homes for sale, which has …