When you hear the phrase home price appreciation, what does it mean to you? Through context clues alone, chances are you know it has to do with rising home prices. And as a seller, you know rising home prices are good news for your potential sale. But let’s look past the dollar signs and dive deeper …
A Look at Home Price Appreciation and What It Means for Sellers Read More »
As of March 2021, about two-thirds of homeowners who signed up for some type of mortgage forbearance during the Covid-19 pandemic have exited the programs, according to new research from the New York Federal Reserve. Only 35% of borrowers, or about 2.2 million homeowners, who signed up for forbearance remain in these programs, the New York Fed found. …
Natural light adds warmth and beauty to a home, as well as providing a free mood booster. Here are four ways to maximize the amount of sunlight in your space. Choose lighter paint colors. Walls painted in creamy whites or light grays with a satin finish will brighten up a room and reflect more light. …
Buyers Expect the House Hunt to Get Easier Home buyers are up against limited inventories of homes for sale and struggling to triumph in a competitive market. But they’re hopeful for a turnaround over the next few months. Thirty-three percent of prospective buyers recently surveyed are hopeful that it will be easier to find a …
WASHINGTON (April 29, 2021) – Pending home sales increased in March, snapping two consecutive months of declines, according to the National Association of Realtors®. All but one of the four major U.S. regions experienced month-over-month gains in March, while each area recorded year-over-year growth. The Pending Home Sales Index (PHSI),* www.nar.realtor/pending-home-sales, a forward-looking indicator of home …
Last year, many people were stuck at home for much of the spring season. In order to safely enjoy the changing season now, consider creating a spring bucket list of activities to do on your own or with family members. Here are some ideas to get you started. STOP AND SMELLL THE ROSES. Spring is …
Optimize each and every scheduled showing of your home by avoiding these common buyer turnoffs. Foul Odors. Eliminate any odors related to pets, smoking, mildew, and food. Let in some fresh air through the windows, place an open container of baking soda in smelly rooms and thoroughly clean carpets, furniture and curtains. An Untidy Exterior. …
Do you have a home equity loan or home equity line of credit (HELOC)? Homeowners often tap their home equity for some quick cash, using their property as collateral. But before doing so, you need to understand how this debt will be treated come tax season. With the 2018 Tax Cuts and Jobs Act, the rules of home equity …
Tax Deductions on Home Equity Loans and HELOCs: What You Can (and Can’t) Write Off Read More »
Recently, we asked the real estate agents of the BuzzFeed Community to tell us their surprising secrets and stories from working in their field. Here’s what they told us! 1. Places where things like murders have occurred are known as “stigmatized properties” and each state has its own rules on disclosure. “We are legally required to disclose any defects that …
Home renovation projects are notorious for going over budget. If you’re considering remodeling a portion of your home, use these tips to create a renovation plan that will make you and your bank account happy. Set your priorities. Whether you’re unhappy with the dated tile in your bathroom or you’re looking to add value to …
