What To Expect as Appraisal Gaps Grow What is an appraisal gap? In today’s real estate market, low inventory and high demand are driving up home prices. As many as 54% of homes are getting offers over the listing price, based on the latest Realtors Confidence Index from the National Association of Realtors (NAR). Shawn Telford, Chief Appraiser at CoreLogic, elaborates: “The frequency of Continue Reading about What To Expect as Appraisal Gaps Grow
Save Time and Effort by Selling with an Agent
Save Time and Effort by Selling with an Agent Selling a house is a time-consuming process – especially if you decide to do it on your own, known as a For Sale By Owner (FSBO). From conducting market research to reviewing legal documents, handling negotiations, and more, it’s an involved and highly detailed process that requires a lot of expertise to navigate effectively. That’s one of Continue Reading about Save Time and Effort by Selling with an Agent
Homebuyers: Hang in There [INFOGRAPHIC]
Homebuyers: Hang in There [INFOGRAPHIC] Some Highlights Today’s sellers’ market provides unique challenges—and benefits—for buyers.Current low interest rates won’t last forever, and home prices are forecast to rise.If you’re a homebuyer, hang in there. Homeownership improves your quality of life, and the long-term benefits outweigh the short-term Continue Reading about Homebuyers: Hang in There [INFOGRAPHIC]
Demand for Vacation Homes Is Still Strong
Demand for Vacation Homes Is Still Strong The pandemic created a tremendous interest in vacation homes across the country. Throughout the last year, many people purchased second homes as a safe getaway from the challenges of the health crisis. With many professionals working from home and many students taking classes remotely, it made sense to see a migration away from Continue Reading about Demand for Vacation Homes Is Still Strong
Wealth Increases Through Growing Home Equity This Year
Homeowner Wealth Increases Through Growing Equity This Year Building financial wealth and stability remains one of the top reasons Americans choose to own a home, and as a homeowner, your wealth often grows without you even realizing it, through home equity. In a recent paper published by the Urban Institute, Home Ownership is Affordable Housing, author Mike Loftin illustrates how homeowners Continue Reading about Wealth Increases Through Growing Home Equity This Year
Pre-Approval Makes a Huge Difference When Buying a Home
Pre-Approval Makes All the Difference When Buying a Home You may have been told that it’s important to get a pre-approval at the beginning of the homebuying process, but what does that really mean, and why is it so important? Especially in today’s market, with rising home prices and high buyer competition, it’s crucial to have a clear understanding of your budget so you stand out to sellers Continue Reading about Pre-Approval Makes a Huge Difference When Buying a Home
5 Things Homebuyers Need To Know When Making an Offer
5 Things Homebuyers Need To Know When Making an Offer When it comes to buying a house, you’re looking for the perfect place to call home. The problem is, in today’s market there just aren’t that many homes available to purchase. With inventory hovering near record lows and sky-high buyer demand, a multi-offer scenario is the new normal. Here are five things to keep in mind when Continue Reading about 5 Things Homebuyers Need To Know When Making an Offer
Clear Financial Benefits of Owning a Home Over Renting
Owning a Home Has Distinct Financial Benefits Over Renting [INFOGRAPHIC] Some Highlights When you rent, you build your landlord’s wealth, your monthly payment depends on ever-rising rents, and you don’t benefit from home price appreciation.On the other hand, when you own your home, you build your own wealth, your monthly payment is locked in, and Continue Reading about Clear Financial Benefits of Owning a Home Over Renting
