Whether or not mortgage rates are up, down, or stable often makes for news — especially to potential homebuyers. The real news, though, remains the lack of inventory and the impact that lack of inventory has on home prices. Whether a home is affordable has little to do with rates, as rates hover in the [...]
If you’re buying a house, then radon should be on your radar. This dangerous gas can cause serious health problems, and according to the Environmental Protection Agency, it’s present (at worrisome high levels) in one out of every 15 U.S. homes. Could it be in the home you’re looking to buy? What if it is? [...]
The best way to entice homebuyers away from resale (and over to new construction) is to simply tune in to their ever-evolving tastes and preferences. Unless a resale property has been recently and expertly renovated, there’s no way it can offer a buyer all the trendiest upgrades, features, and technologies they’re looking for. Builders, on [...]
Working with a great real estate agent, getting pre-approved for your mortgage, and organizing your financial documentation early are all important — and well-known — steps for first-time homebuyers. But there’s also a lesser-known must-do for first-timers that’s not as highly publicized: seeing your potential home at all hours. You see, touring a property in [...]
The Beatles, The Rolling Stones, Clapton, Led Zepplin — the mega bands of the British Invasion — and Brexit, all great reasons to crank back the sunroof, turn up the radio, and jam out going down the road this summer. Wait, Brexit? Isn't that the name given to the UK's leaving of the European Union? [...]
Most people are pretty clear on how buying a resale property works. You shop around, attend a few open houses, make an offer, and then hope the sellers accept it. There may be a few rounds of counter-offers and negotiations, but overall, it’s a pretty cut-and-dry process. New construction, though? That’s where homebuyers get held [...]
Many homebuilders are now offering “smart home” packages, but the truth is, not all smart technology is created equally. More importantly? Not all smart home tech is desired equally — at least not with today’s discerning homebuyers. Though a catch-all “smart home” offering might get buyers in the door, it’s not ultimately what will close [...]
Mortgage rates are down. Way down, actually — at least from where they were. And they may go lower. Last week saw rates take the largest one-week plunge in more than a decade. Great news for homebuyers who were on the fence or on the cusp of being able to afford to enter the market. [...]
This week saw mortgage rates drop more than they have in any other one week period in the last ten years. The timing couldn’t be better, as we also saw the official start of spring and the unofficial start of the home buying season — especially in those areas of the country where winter plays [...]
There are several criteria to consider when it comes to determining the value of your home. The size, age, condition of the home, and surrounding property play a big part in estimating value. You may take pride in the investments you've made in upgrades and renovations, but the value of a home is most directly [...]
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