You’ve heard the news by now: home-buying demand is up, and supply is down. Many residential real estate markets have already made the switch to seller’s market, and if early indications are consistent, the rest will be making the transition soon. This is great news for sellers, but has left many home buyers scrambling to find a good property, get in an offer, have their offer accepted and successfully close on the home. Many buyers simply aren’t prepared for this “new reality in realty.” If you’re a buyer, what can you do to increase your odds of success in this year’s spring market? Become a nimble buyer, and you just may land your dream home. Continue reading “Be a Nimble Buyer to Be Successful This Spring!” »
Last month, the House Ways and Means Committee held a hearing to explore potential changes to the tax code that affect homeowners. The Committee is working on tax reform, and testimony at the hearing indicates that tax codes affecting homeowners are unnecessarily complex, and that they don’t benefit all homeowners equally. What are the most common tax codes that affect homeowners, and how could they change in a proposed tax reform situation? Continue reading “Will Changes to the Tax Code Affect Homeowners?” »
Most homeowners don’t start off by buying their dream homes. Instead, they buy a home that will serve as a good foundation, and make renovations or remodel until the home becomes the place they’ve always dreamed of living. When you’re shopping for a home, consider these top remodeling trends as a way to turn your fair prospect into your new dream home! Continue reading “Utilize Remodeling Trends to Create Your Dream Home” »
Property taxes are a big question mark for most new homeowners. Aside from the mortgage payment itself, property taxes are typically the next largest expense for new homeowners. It’s important to understand how property taxes are determined to plan for your property tax payment – and whether you might be better served to look elsewhere because property taxes are on the increase. Continue reading “Understanding Property Taxes” »
The spring market is always a busy time for the real estate market, with a higher number of sales and more profitable sales during the spring than any other time of year. Sellers know that buyers start looking in spring, and buyers know that they’ve got more inventory options in spring so this is the time to buy. After the recession started to hit the economy hard, the housing market began shifting more in favor of buyers than sellers, with buyers able to command concessions and price drops just to get a home sold. Since the economy has been recovering, the market has been shifting back – and this year the spring market officially looks better for sellers than buyers. Continue reading “Spring Market Looks Better for Sellers than Buyers This Year” »
Spring cleaning isn’t the only thing you should do when warmer weather rolls around. If you’re thinking of selling your home, these reasonably inexpensive spring home maintenance projects can help you avoid costly problems during the home sale process: Continue reading “Spring Home Maintenance Projects to Avoid Home Sale Issues” »
The spring housing market offers some great opportunities for buyers and sellers alike. It’s the busiest time of year for real estate, and it gives buyers a lot of options when trying to find the perfect home. The spring market carries drawbacks, though, so it’s important for buyers to go into this busy time of year with realistic expectations. Continue reading “Set Realistic Expectations When Buying in the Spring Market” »
