Real estate experts say the spring buying season will be an extraordinarily tough one for anyone who’s in the market to buy a home, unlike any year in living memory. The facts speak for themselves. The inventory of homes for sale has never been as low as it is now. Home prices are still rising
Buying a starter home now cheaper than renting in most U.S. metros
February 23, 2022 by
While home price values have been growing fast, rents are rising faster still, to the extent that buying a so-called starter home is more affordable than renting in over half of the U.S.’s largest metro areas. That’s according to a report from realtor.com, which revealed that median rental costs jumped 19.8% in January compared to
Agents advise buyers to shop for homes below their budget
February 8, 2022 by
Preapproved buyers are often tempted to shop for homes that are just within reach of the mortgage allowance approved by their lender. However, real estate pros say it might be wiser for buyers to set themselves a limit below the maximum amount allowed by their lender. In other words, they recommend buyers look at homes
Rising rents pushing lifelong renters to buy
February 6, 2022 by
The pressure of rising rents is pushing more people to consider homeownership, but not because they’re particularly interested in becoming a property owner. Rather, it’s being seen as a way of reducing their living expenses. The Wall Street Journal reported that average monthly rents rose more than 14% year-over-year in December. Some cities, including Austin,
5 Convincing Reasons To Sell Your Property To A Cash Buyer
February 3, 2022 by
A lot of work goes into selling your property: from extensive cleaning and repairs to hiring a real estate agent and then handling all the negotiations over the price so the deal can be closed. If you’re thinking of “sell my house for cash” recently, then you need extensive planning and professional help. Fortunately, with
Tips for Successful Home Buyers
January 19, 2022 by
Navigating the real estate market can be a little scary for the novice, especially in the days of COVID-19. With inventories low and mortgage rate on the rise, experts predict a consistent growth in the market for 2022 and a mortgage rate slow-down. Successful buyers will look for an agent who is well-versed in negotiations
How Does a Title Search Work
December 15, 2021 by
When you’re buying a home, you’ll need a title search so that you can get title insurance. Title searches can also reassure buyers, making sure there is a smaller chance of problems with the title later on. We will take a look at the things you need to know about a title search and how
What is Escrow in Real Estate
November 30, 2021 by
Buying and selling a home is not always as easy as it might seem, especially when you’ve never done it before. To make optimum real estate decisions, you usually have to dig deep into its specificity and terminology. You might be discouraged by real estate lingo you’ve never heard before like, earnest money, or escrow.
Pros and cons of buying a condo
November 13, 2021 by
There are many reasons why buying a condo might be a smart move. There is no doubt that condos are very popular among people of all ages. Condos are becoming increasingly popular, especially since people opt to downsize and move into homes that are easier to take care of. This results in condos being in
Is it Possible to Buy a Contingent House?
November 10, 2021 by
Is Buying a Contingent Home Possible? It can take a long time to find your perfect home, but just when you think your search is over, you might discover that it is listed as a contingent house. So can you still offer on a contingent home, or have you missed the chance to buy your
