In June, the number of first-time homebuyers accounted for 35% of the existing homes sold, a trend that’s been building steadily throughout the year. According to the National Association of Realtors (NAR): “The share of first-time buyers increased in March through June—right into the heart of the pandemic period and the surge in unemployment—and is now trending …
Guidance and Support Are Key When Buying Your First Home Read More »
Given how we have seen more unemployment claims than ever before over the past several weeks, fear is spreading widely. Some good news, however, shows that more than 4 million initial unemployment filers have likely already found a new job, especially as industries such as health care, food and grocery stores, retail, delivery, and more …
Why Home Equity Is a Bright Spark in the Housing Market Read More »
It’s an interesting time in the market. Buyers are hoping prices continue to come down and homeowners are rushing to get their home on the market. This created a bit of a lull a few months ago, but now that Spring is in the air interest rates are incredibly low, demand is picking up and …
Home Prices Up 5.73% Across the Country! [INFOGRAPHIC] Read More »
Certainly, but it takes a lot of determination and time to find a real bargain. But if you are adamant, here are some likely targets to pursue: -Foreclosed property -A fixer-upper -Hard-to-sell new homes in a housing development -Tenant-in-common partnerships With the latter, you may be able to buy a partial interest in this form …
Expert Insights: Is it Possible to Buy a Home Below Market Price? Read More »
They are an appealing way to enter the housing market if the cost of a single-family home is out of your reach. Condos are especially popular among single home buyers, empty nesters, and first-time buyers in high-priced housing markets. Unlike a house, condos offer a lifestyle that is free of yard work and exterior maintenance …
The short answer: a home is ultimately worth what is paid for it. Everything else is really an estimate of value. Take, for example, a hot seller’s market when demand for housing is high but the inventory of available homes for sale is low. During this time, homes can sell above and beyond the asking …
Expert Insights: How Do You Determine How Much a Home Is Worth? Read More »
Putting your house on the market requires a delicate balance between staging it for sale while keeping it functional for your lifestyle. Once you’ve staged to clear out the clutter, put some thought into what to do with the essentials: the things you absolutely need while still living in the house—especially in your most-used rooms. …
