Existing Home Sales Cooling Off This Summer

Some Highlights: According to the National Association of Realtors’ latest Existing Home Sales Report, sales in June were down 2.2% from last year. Inventory of homes for sale showed a modest improvement of 0.5% over last year’s figures but still remains under the 6-month supply needed for a normal market. NAR’s Chief Economist Lawrence Yun had this to say: “There […]

The Rising Cost Of Renting A Single-Family Home

When debating whether to rent or buy your next place, the argument in favor of renting usually includes the fact that it’ll be cheaper – especially since you don’t have to pay for closing costs or save for a down payment. However, renting a place isn’t all that cheap these days and, depending on what […]

How A Sellers’ Market Could Be Good For Buyers

The housing market is about supply and demand. When there are a lot of buyers and too few homes, prices and competition rise, making it a good time for homeowners who want to sell. When there are more homes than buyers, prices fall and bargains abound. In short, the market will usually favor either buyers […]

Cost vs. Value For The Top 4 Home Renovations

When a homeowner or real estate investor is considering investing money in a home renovation, it’s critical to understand the cost vs. value that they can expect to receive. Some Highlights About Cost Vs. Value: Whether you are selling your home, just purchased your first home or are a homeowner planning to stay put for […]

Cautious Buyers May Overestimate Down Payment Cost

Affordability is the top concern for potential home buyers entering the summer season. That’s not a surprise. With prices and mortgage rates up, it’s natural that Americans who are hoping to buy might be leery when seeing news of rising housing costs. But, though affordability conditions are challenging in some markets, buyers may have some […]

Top 4 Advantages Of Buying A New Home

If you’re considering the advantages of buying a new home compared to buying a pre-owned house, there are many options to consider.  Considering that buying a house is such a significant investment, here are the top benefits of purchasing a brand new house. The Advantages Of Buying A New Home Considering our modern high-tech lifestyles, […]