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 […]

April 2018 Pending Home Sales Slow Slightly

To better understand the April 2018 pending home sales report, it is important to understand that between the time an offer is accepted and the deal is closed, a home’s sale is typically referred to as pending. That’s because, there’s a chance, during this period, that the sale won’t go through, as there are some […]

Rising Incomes Help To Offset Affordability Challenges

After the financial crisis and housing crash, there were plenty of homes for sale but very few interested buyers. Americans were financially unstable and worried about keeping their jobs. And while they may have liked to buy a house, it wasn’t the right time. Gradually, though, Americans became more secure in their jobs and more […]

Homeowners Get A Better Grip On Home Values

The mortgage process is just about verifying and documenting the various aspects of the home’s sale. Whether it’s confirming the buyer’s income and debts or that the house doesn’t have a significant problem with its foundation, some items are typically among the checklist of things that need to be done before the deal is closed. […]

Buyer Demand Still Outpacing the Supply of Homes for Sale

The price of any item is determined by the supply of that item, as well as market demand. The National Association of REALTORS (NAR) surveys “over 50,000 real estate practitioners about their expectations for home sales, prices and market conditions” for their monthly REALTORS Confidence Index. Their latest edition sheds some light on the relationship between Seller Traffic (supply) and Buyer Traffic […]

1031 Tax Exchange – Insider Way To Pay Zero Capital Gains

The term ‘1031 tax exchange’ found its way into the volatile real estate tax code in 1921. Since then, it has remained a pertinent issue in real estate investment talks. Some people have utilized it to their benefit while others fear using it, probably because they are not fully aware of what it entails and […]