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.
Even though we are in a seller’s market, you still want to do everything you can to sell your home as quickly as possible, and for the most amount of money. Having aerial photograph or video drastically improves your chance of selling your home fast. In fact, research has showed that homes featuring aerial photography or video sell 68% faster than those without it.
While the standard is to get a home inspection before closing on your next home, it is not something that always happens. In fact, buyers are often lured into not having a home inspection, with promises of a home warranty or home insurance to “cover any issues” that arise. While that seems like a great deal in theory – it often is solely benefiting the seller. Here are 3 reasons why you shouldn’t pass up on a home inspection, no matter how tempting it may seem.
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 $12 per month for every $100,000 borrowed. Average U.S. rates for 30-year fixed rate mortgages were at 2.80% as of this week. Last month at this time, they were sitting at 3.02%. Of course, both are historically low.