How Older Generations are Thriving in the Home Selling Market
In many cases, growing families have been cooped up in small homes or apartments with no yard access. During citywide lockdowns and stay-at-home orders, this has been taxing for many. These families are craving the type of open concept homes and yards that older generations have to offer with their homes. Even if these homes need a little tender loving care, they are selling quickly due to others’ desire to live in a bigger space.
Post-Pandemic Cities for Homebuyers to Consider
Whether you’re looking to retire or relax on your time off, Charleston has something for everyone. Known as one of the oldest cities in the south, Charleston is known for its rich culture in architecture and food.
U.S. Cities Where Residential Real Estate is Surging
The recent pandemic has enhanced a robust seller market in different parts of the United States. Additionally, a decline in inventory and low mortgage rates have recorded prices up 17 percent from January to September 2020. People do not find the essence of paying for...
The Positives of Increased Credit Scores Among Renters
It's always important to review the tenant's credit score before getting into any agreements with them. A credit score is the main factor used by landlords to screen and determine a tenant's reliability. The credit score isn't often part of the required details in the...
Important Contingencies to Consider When Buying a Home
It’s also a good idea to put a contingency on the sale of your current home if you’re looking to sell while you’re trying to buy. This can help you avoid the potential situation of having to pay two mortgages at once and gives you the ability to ensure that you’ll have the money for your down payment on your loan. Though not every seller needs such a contingency, it’s nice to have.
Home Buying in the Wake of the Pandemic
What’s perhaps more surprising, though, is that housing prices are rising quite significantly. One of the most puzzling trends in the housing market is that even though many people have lost their jobs and incomes are down in many areas, the price of buying a home is rising faster than ever. Between high demand among those who now have more options about where they can live due to telecommuting and a seller class that is looking to cash in on low rates and high prices, there has been a paradoxical spike in prices even as the economy fails.
How to Financially Prepare for Real Estate Deals
Why do most people hold back from real estate deals? One of the main reasons is money. Others are time, fear, and experience. However, there are various ways an interested buyer can buy property without necessarily having hard saved up cash. They include: Other...
How to Best Avoid an Offseason in Real Estate
Winter in the U.S. real estate market is an indicator of a slow season for many agents. However, a real estate offseason typically happens inside one’s mindset. Some utilize all the tools available to succeed even during such hard times. The following tips can help...
Commercial Real Estate and Augmented Reality
Augmented reality is the latest tech innovation that enables someone in front of a device screen to feel like their physically inhabiting the image they’re running their cursor over. It’s brought new depth and excitement to gaming, but it’s also transforming how...
Should Private Real Estate Investors Look Out for Renters?
As 2020 rolls on into 2021, with a global pandemic continuing to ravage the U.S. economy, millions of unemployed or underemployed Americans press on in the daily struggle of making ends meet and providing for necessities such as food, medical expenses, and utility...