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Owning a home can be a great opportunity to build wealth over time. Yet, the reality of property taxes can put a damper on your annual cash flow. However, there may be a way to make adjustments to your expenses: By requesting a reappraisal of the value of your home,...
When it comes to purchasing a home, traditional financing options like mortgages from banks or credit unions often come to mind. However, there's another less-known yet equally viable method of financing a real estate transaction: seller financing, also known as the...
Buying a home is a significant milestone in life, and ensuring that you make an informed decision is of utmost importance. Property disclosure documentation is a crucial aspect of the home-buying process, providing essential information about the condition of the...
The last two years caught many of us off guard — and not just because of the pandemic. They also ushered in the hottest housing market on record, with home prices rising nationally by nearly 19% in 2021, driven primarily by low mortgage rates and a major supply...
The real estate market remains influenced by the old supply-and-demand predicament: U.S. home sales continue at a rapid pace, but the number of listings remains limited. Amid historically low mortgage rates, buyers keep shopping, reducing inventory and sparking a rise...
Remember finding a home you lived as a young adult? Now imagine trying to fit your life today into that space. Not pretty, right? For most of us, our housing needs are cyclical. A newly independent adult can find freedom and flexibility in a tiny apartment. That same...
While many areas of the economy have contracted, the housing market has stayed remarkably strong. But can the good news last? When COVID-related shutdowns began in March, real estate brokers and clients scrambled to respond to the shift while fearing a real estate...
“2020 will be known for a lot of things, and a record-breaking year for real estate will certainly be one of its more unexpected legacies,” prominent economist Daryl Fairweather said. And he’s right: most of us would have expected the housing market to suffer from...