The numbers: Existing-home sales rose for the fifth consecutive month in October, as the housing market finally made up for the pandemic-related downturn in sales this spring. Total existing-home sales increased 4.3% from September to a seasonally-adjusted annual rate of 6.85 million, the National Association of Realtors reported Thursday. Compared with a year ago, home sales were … Read More “Existing-Home Sales Soar Despite Record-Low Inventory” »
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Real estate investments are always a good idea, as property prices often tend to rise with time. If you have the money and a desire to invest, buying a house is a great idea. The year 2020 has been an economic rollercoaster for people all around the globe. As uncertain as the situation is right … Read More “Buy a House Now or Wait for 2021 to Come?” »
Here are some steps homeowners should take to maximize their mortgage refinance savings. Amid the COVID-19 pandemic, current homeowners have been given a gift – record low interest rates. In order to bolster the lagging economy, the Federal Reserve cut the interest rate to near zero (0.25%) in March 2020. Now, homeowners (even those who bought … Read More “Want the lowest mortgage refinance rates? Do these 4 things now” »
Avoid Offer Rejection in Any Real Estate Market Buyers can get so excited about finding the perfect home that they sometimes don’t really think too much about what comes next—writing that purchase offer. The quality and content of your offer is almost as important as how much you’re willing to pay for the property. Poorly written offers … Read More “Tips for Writing a Real Estate Offer to Purchase” »
Sales of existing homes climbed 9.4% in September, the National Association of Realtors said Thursday, the latest sign that the housing market remains red hot despite the coronavirus pandemic. CHARLOTTE, N.C. (AP) — Sales of existing homes climbed 9.4% in September, the National Association of Realtors said Thursday, the latest sign that the housing market … Read More “September Existing Home Sales Climb 9.4%, Highest Since ’06” »
Winter is supposed to be a buyer’s market, right? Fewer buyers = way less competition. After all, you have no problem trekking through the snow to find the perfect home. Let the others wait until spring. Right? But winter home-buying assumptions can cost you. Just because the market moves slower doesn’t mean there aren’t pitfalls lying beneath the powder. … Read More “6 Killer Mistakes You Can’t Afford to Make When Buying in the Winter” »
Buying a home is a goal for many Americans. Unfortunately, saving for a down payment can feel like a daunting task. The good news is that a down payment doesn’t have to be an impediment to getting a home loan. In fact, many people think they need 20 percent down, which is just not true. There are … Read More “Mortgages that require no down payment or a small one” »
Everything You Need to Know About Prices, Supply and Mortgage Rates With spring homebuying season disrupted by the coronavirus, would-be house hunters may be wondering if this fall will be a good time to buy. The housing market is typically slow after August, as kids settle in for the school year and the weather starts … Read More “Fall Homebuying Outlook” »
We know planning and executing a move can be a challenging and overwhelming process at any age. But it can also be an exciting time. And for seniors, there are some unique considerations involved, like the possibility of transitioning to a retirement or assisted living community or moving to a smaller home or apartment that may … Read More “Helping Seniors Move: Moving Advice and Tips” »
It can be a struggle to keep your carpets clean and presentable. Should you hire a professional cleaning service or take care of the maintenance on your own? Follow this advice to keep your carpet in top shape. Dirt and vacuuming: Dirt can be damaging to your carpet, acting as small razor blades that shred … Read More “Residential Specialist, 8/18/2020” »