We’ll get new numbers today for sales of existing homes, but for the past few months, sales have been down, per data from the National Association of Realtors. Between high-interest rates and low inventory, it’s still a very tight housing market. That means sellers and buyers who want in — or out — sometimes have to … Read More “In a Tight Housing Market, Both Buyers and Sellers Are Getting Creative” »
Category: Buying a Home
Selling a house in California can be a complex process, but it doesn’t have to be overwhelming. By following these steps, you can maximize your chances of a smooth and successful sale: Find a top-rated California real estate agent. A good agent will have a deep understanding of the local market, be able to help … Read More “Selling a House in California” »
The 2020 outbreak of COVID-19 may have forced us all outside of our technological comfort zones, but homebuyers and buyer’s agents seem to have adapted quite well to our new normal. Proptech (short for property technology) has grown exponentially since the beginning of 2020, and according to a recent survey of homebuyers, sellers, and real … Read More “7 Ways Buyer’s Agents are Using PropTech to Sell More Homes” »
What Is Zoning? Zoning refers to municipal or local laws or regulations that govern how real property can and cannot be used in certain geographic areas. For example, zoning laws can limit commercial or industrial use of land to prevent oil, manufacturing, or other types of businesses from building in residential neighborhoods. These laws can be modified or suspended … Read More “Zoning: What It Is, How It Works, Classification Examples” »
You’re probably feeling the impact of high inflation every day as prices have gone up on groceries, gas, and more. If you’re a renter, you’re likely experiencing it a lot as your rent continues to rise. Between all of those elevated costs and uncertainty about a potential recession, you may be wondering if it still makes sense … Read More “Owning a Home Helps Protect Against Inflation” »
How much income do you need to buy a house? Home buyers need to meet certain standards to get a mortgage. There are minimum credit scores, employment requirements, and more. But many first-time home buyers don’t realize that there’s actually no minimum income required to buy a house. Instead, you must earn enough to qualify for the requested loan … Read More “Mortgage income requirements for 2023” »