Heads Up Sellers: Millennials Want to Fall in Love with a Home



Are you planning on selling your home in the near future? The first thing a prospective home seller usually starts thinking about is getting their home ready to sell. What kinds of updates should you consider? What improvements should you make, if any? Should you stage your home? These are all important questions to ask […]

Downsizing this Year- 5 pro tips for seniors



Let’s face it, at any stage of life, moving can be a daunting and often stressful task. However, combine a move with a need to downsize, and the process can seem downright overwhelming. However, fear not! With some careful planning, you can minimize the amount of stress involved. As Realtors who specialize in condos, we […]

Should I Use An Adjustable Rate Mortgage To Finance My Home?



When you purchase or refinance your home, in your quest to find the best mortgage rates, you may may be offered an adjustable rate mortgage as an option to a fixed rate mortgage. Your mortgage officer may suggest an adjustable rate because the initial interest rate will be lower, making the monthly payment lower than […]

Home sales prices jump in so-called ‘Opportunity Zones’



Investors appear to be flocking to Opportunity Zones, where they can receive a discount on capital gains taxes for investing within certain areas. The Opportunity Zones program – created with the Tax Cuts and Jobs Act of 2017 – is intended to revitalize low-income or high-poverty areas by spurring investments in them. From the tens […]

Baby boomers could struggle to downsize from their ‘supersize’ homes



Baby boomers who have built “supersized” homes for themselves may find it difficult to sell when they want to downsize, according to a report in the Wall Street Journal. The report adds that some sellers are resulting to steep price cuts in order to attract prospective buyers. Around 15 years ago, just before the Great […]

Zillow: Rent growth hits 10-month high



Rent prices grew at their fastest rate in 10 months in February, reaching 2.4 percent year-over-year appreciation, according to the February Zillow Real Estate Market Report. The U.S. median monthly rent was $1,472 in February, up from $1,438 a year earlier. This translates to more than $400 in additional yearly expenses for the typical renter. […]

Lawmakers move to improve military housing standards



Complaints about the poor condition of privatized housing on many U.S. military bases have led to a response from lawmakers. Now, the U.S. House and Senate have introduced new bipartisan legislation that aims to provide more safeguards for military members and their families living in inadequate housing. The Ensuring Safe Housing for our Military Act […]

Sales Market Tea Leafs With Different Messages This Spring



Four telltale trends emerged recently with clues of how the spring market is likely to unfold. But these trends point in different directions. 1. Home prices are slowly moving towards stability. 2. Mortgage applications rates are highly sensitive to interest rates. 3. New housing is both increasing and decreasing (multi family v. single family). 4. […]

Water damage is a growing problem in older homes



Flooding is becoming a major problem in older homes, but not because of inclement weather conditions. Instead, faulty pipes and valves, worn out hoses in washing machines, and poorly maintained connections to appliances that use water are to blame, according to the Wall Street Journal. As a result, there’s been a big increase in extensive […]

7 Things to Consider When Choosing a Neighborhood



When you’re looking for a place to live, there are the usual things that you have to consider: price and payment scheme, the quality of the house or building, and even the floor plan and dimensions. But you shouldn’t forget to consider the neighborhood as well. In fact, research has shown that the neighborhood vibe […]