What Are Comps in Real Estate

When you are looking to sell your home, it is essential to have a fair and accurate price. Overpricing leads to failure. Under pricing leads to money left on the table. On the other hand, when you’re buying a home, the last thing you want to do is overpay. This is where “comps” come into

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3 Things Home Sellers Likely Don’t Have To Disclose

When buying a home it is essential to do a proper amount of due diligence. Learning as much as you can about the history of a house and it’s surroundings is important. Of course, most buyers are going to hire a home inspector to investigate the condition of the home. Getting a home inspection is

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5 Killer Tips to Get Your Home Sold Fast

How to Make Your House Ready to Be Listed For Sale When you list your home for sale, you’ll want to put your best foot forward. Many things go into a successful home sale, including setting the right price and hiring an outstanding real estate agent. Your property’s presentation will be very important, from the

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Does Days on Market (DOM) Matter in Real Estate

What is DOM? Days on Market, also known as DOM, is a widespread commercial term, which applies to all markets and products, be it a cake, a pair of shoes, or a real estate item. This concept has everything to do with the idea of “freshness” or actuality that any type of product has on

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5 Secrets to Selling Your Home Quickly

In a perfect scenario, you can take your time getting your home ready for sale before listing it on the market. But sometimes, you may find yourself in the position of having to sell home for cash quickly. Whether you’re moving for a job or wanting to close on your dream home without paying two

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NAR: Pending home sales fall in November

Overall pending home sales in the U.S. fell in November as multiple markets struggle with record low inventories of homes for sale. Even so, economists say they’re optimistic that buyers will have more opportunities to buy a home next year. The National Association of Realtors reported that its Pending Home Sales Index dropped 2.2% in

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New home sales declined in November amid rising prices

Sales of new homes fell by 14% in November, well below expectations, due to rising prices that analysts say are forcing many prospective buyers out of the picture. The report from the U.S. Census Bureau said that while sales fell in November, the median price of newly built homes rose by 19% from the same

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Unexpected fall in pending home sales in September

Pending home sales, a key measure of signed contracts to buy existing homes, unexpectedly dropped by 2.3% in September compared to a month ago. The National Association of Realtors said sales may have dropped due to higher mortgage rates. Analysts were expecting a small monthly gain in pending home sales. The average 30-year fixed-rate mortgage

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Existing home sales rose 7% in September

Sales of existing homes jumped 7% in September to a seasonally adjusted annualized rate of 6.29 million units following a decline in August. However, sales are still down 2.3% from where it was a year ago, according to new data from the National Association of Realtors. At the same time, the available inventory of existing

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4 Ways to Prepare to Put Your House on the Market

There is a lot more to selling your home than just putting up an ad or a for-sale sign. You will have to take the time to prepare your home. You need to do the following things to prepare your home to be put on the market. Make All of the Necessary Repairs Even if

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