After creeping up a bit, we saw mortgage interest rates drop again in the last 30 days. The recent change will save new borrowers another $10 per month for every $100,000 borrowed. Average U.S. rates for 30-year fixed rate mortgages were at 2.97% as of this week. Last month at this time, they were sitting at 3.17%. Of course, both are historically low.
Whether you are looking to buy, sell or invest in real estate, it is important to understand market conditions. Real estate is hyper-local, with market dynamics changing from subdivision to subdivision. However, county trends generally give you a good idea of what to expect.
It may sound a bit strange, but one of the most overlooked factors in selling your home fast is actually how your house smells. Most likely you have gone nose blind to however your home smells – it just smells like you. Subconsciously, the first thing we as humans take note of in our surroundings is scent. This is for varying reasons. First and foremost, our sense of smell can save our lives. We have a natural aversion towards potentially life-threatening scents, such as burning or toxic chemicals.
After doing some digging on this topic, I was surprised to find that not all realtors have the same opinion on whether or not you should invest in adding some landscaping to your home. I thought this was a no brainer, upgrading landscape increases the value of your home. However, this is not always the case and there is actually a logical reason why.