High mortgage rates—currently over 6.42% for a 30-year fixed rate mortgage—paired with hefty listing prices are quickly making buying a new home unaffordable for many. While high prices and high mortgage rates affect all potential homebuyers, those entering the market for the first time are finding the situation especially difficult. Stagnant wage growth coupled with […]
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Becoming a real estate agent can be a lucrative endeavor, with commissions providing rewards for successful sales. But exactly how do real estate agents get paid? Understanding the various factors and payment structures involved in real estate transactions can help you decide if becoming a real estate agent is the right career move for you.
How Do Real Estate Agents Get Paid? Read More »
Homeowner tax breaks are a way for you to reduce your taxable income and can result in huge savings. In this article, we’ll discuss the most common homeowner tax incentives that could benefit you this year. Homeowner tax breaks that will save you money The interest you paid on your mortgage For homeowners who itemize,
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Best Real Estate Articles December 2022 includes info from professional realtors: Paul Sian, Bill Gassett, Madison Mortgage Guys, Sharon Paxson, and Kevin Vitali. Tips For Selling A Home In A Buyer’s Market The real estate market has moved into one that is more favorable for home buyers. It’s a benefit that they haven’t seen in
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DIY HOME Trend #1: Vibrant Colors DIY Home Trends for 2023 are something to keep track of if you plan on selling this year. 2023 is the year we break away from sterile whites and plain grays. On-trend colors are bolder and more vibrant, reflecting the joy and liveliness today’s buyers are seeking in a home.
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Cybercrime in real estate is on the rise, with many companies lacking federal cybersecurity laws and essential resources. Learn how to protect sensitive client info and avoid costly fraud.
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2021 was packed with plenty of activity on the real estate front. Real estate headlines nationwide reminded us of the significant inventory shortages. A condition that creates a huge win for home sellers. On the other hand, homebuyers and realtors hoped for better news. The market did not perform as you might expect during a
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Home price reductions have increased. If have concerns about whether or not you’ll be able to get top dollar, you’re not alone. As of October 2022, nationwide home prices have fallen 7.65% since May highs. And home price reductions have increased from 10.6% last October to 20.9% this year. Reduced demand paired with rising price
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Staging is the standard Staging, the standard in real estate markets, enhances a house’s appeal, drawing attention away from imperfections It makes the house look its best and can distract the eye from things that may be less than perfect. However, this aesthetic allure may lead buyers to overlook distinctions between fixtures, finishes, and furniture.
Fixtures, Finishes and Furniture: Real Estate Definitions Read More »
As recently as this past summer, the residential real estate market blazed red-hot. The boom made life supremely easy for home sellers, with multiple buyers showering them with bids. At the peak of this super-competitive market, many buyers had to eliminate real estate contingencies from their offers, reducing their negotiating power. They felt this was
Contingencies are Back Read More »