Written by: REBAC Staff at REALTOR.com Buying a home involves learning the lingo of the real estate market. It’s especially important to get up to speed if you’re seriously shopping for homes and close to submitting an offer. Purchase offers are legally binding contracts. Every state has its own real estate laws, and local real estate boards […]
Article Written by:Jessica Lautz via Realtor.com One of the more fascinating trends from the recent 2019 Profile of Home Buyers and Sellers is the rising age of home buyers. Overall, buyers’ ages have jumped from a median of 31 in 1981 to 47 in 2019. While many attribute that increase to the rising age of […]
Rents in the United States have been skyrocketing since 2012. This has caused many renters to face a tremendous burden when juggling their housing expenses and the desire to save for a down payment at the same time. The recent stabilization of rental prices provides a great opportunity for renters to save more of their […]
A desire among many seniors is to “age in place.” According to the Senior Resource Guide, the term means, “…that you will be remaining in your own home for the later years of your life; not moving into a smaller home, assisted living, or a retirement community etcetera.” There is no doubt about it – there’s […]
When buying a home, we all want to feel like we’re making the right decision, paying a fair price, and making the best investment of our lives. According to a recent gender-based study, men and women can unknowingly walk away with very different financial outcomes when the deal closes. Thankfully, if you follow some simple ways to arm […]
When the number of buyers in the housing market outnumbers the number of homes for sale, it’s called a “seller’s market.” The advantage tips toward the seller as low inventory heats up the competition among those searching for a place to call their own. This can create multiple offer scenarios and bidding wars, making it tough for buyers […]
We’re currently in the longest economic recovery in U.S. history. That has caused some to ask experts to project when the next economic slowdown (recession) could occur. Two years ago, 67% of the economists surveyed by the Wall Street Journal (WSJ) for the Economic Forecasting Survey predicted we would have a recession no later than the end of this […]
If you’re following what’s happening in the current housing market, you’ve seen how the lack of newly constructed homes is a major reason there’s a shortage of housing inventory available to today’s buyers. Another reason is that the inventory of existing homes for sale is shrinking. According to the most recent Existing Home Sales Report from the National Association of […]
If one of the questions you’re asking yourself today is, “Should I sell my house this year?” the current Housing Opportunities and Market Experience (HOME) Survey from the National Association of Realtors® (NAR) should boost your confidence as it relates to the current selling sentiment in the housing market. Even with all the information overload in the media circling around talk of a […]
In the latest Housing Trends Report, the National Association of Home Builders (NAHB) measured the share of adults planning to buy a home over the next 12 months. The report indicates the percentage of all buyers that will be first-time buyers looking to purchase a home grew from 58% in Q4 2018 to 63% in Q4 2019. The […]
By: Brigitt Earley via ApartmentTherapy.com You might not think much of it when you toss something in the toilet—after all, you’ve got a plunger handy, right?—but these seemingly innocent things can do irreparable damage to your home’s pipes. And while these types of fixes do not come cheap, the money may be the least of […]
GUEST BLOG POST By: Suzie Wilson of Happier Home There are no guarantees in the housing market. Sometimes, an overpriced, dilapidated house sells before it even hits the market, while your neighbor’s perfect home sits for months at a bargain price. However, there are projects you can do yourself that will increase your chances of […]
