The financial benefits of buying a home versus renting one are always up for debate. However, one element of the equation is often ignored the ability to build wealth as a
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Theres a well-known economic theory the law of supply and demand that explains whats happening with prices in the current real estate market. Put simply, when demand for an item is high, prices rise. When the supply of the item increases, prices fall. Of course, when demand is
[...]Based on the current competition due to lower than normal inventories, it is possible for a seller to find themselves on the beneficiary side of a multiple offers. Two or more parties may be trying to buy your home at the same time and because of the competition, they increase the purchase price, possibly, remove unnecessary contingencies [...]
Every Thursday, Freddie Mac releases the results of their Primary Mortgage Market Survey which reveals the most recent movement in the 30-year fixed mortgage rate. Last week, the rate was announced as 3.01%. It was the first time in three months that the mortgage rate surpassed 3%. In a
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Even in a hot sellers market like todays in which homes are selling so quickly, its still important to make a good first impression on potential buyers. Taking the time upfront to prep your house appropriately can bring in the greatest return on your
[...]![Reasons Renters Buy [INFOGRAPHIC] | Simplifying The Market](https://d15zjc2r4e8kr7.cloudfront.net/9511/blog/misc/20211001-KCM-Share-549x300.png)
Homeownership is still a crucial part of the American dream. For those people who own a home (and those looking to buy one), its clear that being a homeowner has considerable benefits both emotionally and financially. In addition to long-term stability, buying a home is one of the best ways to increase your net worth. This boost to your
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If youre looking to maximize your sale and minimize your effort, you need to work with a real estate professional. In a sellers market like todays, it can be tempting to list your house on your own known as For Sale By Owner (FSBO). But the truth is, a real estate professional can save you time and money by managing every step of the process, from pricing your home to reviewing documents and handling
[...]In the Boy Scouts, a certification, called a Totin' Chip, is required for scouts to carry, and use woods tools like a knife, axe and a saw. They must read and understand the use and safety rules from the scout handbooks and demonstrate the proper handling, care, and use of [...]
Are you looking to buy a home? If so, weve got good news for you.
While theres no denying the housing market is having a great year, many of the headlines are focused on the perks for sellers. But what about buyers today? As a buyer, youre likely braving bidding wars and weighing low mortgage rates versus price appreciation as you search for your dream home. If you find yourself a bit discouraged, hear this: there are clear signs buyers may have more opportunities this
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