The start of a new year always compels people to take a fresh look at their goals, from health and career to relationships and finance. But with historically low mortgage rates, increased home sales and price growth, and a tight housing inventory, the time is right to also make some homeownership resolutions for 2021. Home … [Read more...] about New Year, New Home? Set Homeownership Goals Whether You’re Buying, Selling or Staying Put
“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.1 And he’s right: most of us would have expected the housing market to suffer from circumstances like a once-in-a-hundred-years pandemic and … [Read more...] about The New Normal: A Strong Housing Market Expected to Continue into 2021
For years now, virtual home tours have helped real estate buyers far and wide find the perfect home. From long-distance military personnel being relocated, to investors expanding their portfolio, to homeowners looking for a vacation getaway, this technology makes finding a house that’s a bit out of driving distance much easier. … [Read more...] about 5 Secrets Buyers and Sellers Must Know About Virtual Home Tours
For most people, changing employers will not impact the ability to qualify for a mortgage loan, especially if you are going to be earning more money. For some home buyers, however, the effects of changing jobs can spell disaster when it comes to your loan application. Make sure you discuss in great detail with your lender and … [Read more...] about How A Job Change Can Affect Loan Qualification
Most new homeowners have something about their property that they want to change. And as family needs and design trends shift over time, many will eventually choose to remodel. Some homeowners make updates to their property before listing it to maximize their potential sales revenue. Whatever your reasons are for taking on a … [Read more...] about Will Your Home Remodel Pay Off? The Best (and Worst) Ways to Spend Your Budget
Things to think about: How high is your risk tolerance? Selling your home on your own could put you at risk with complex and expensive consequences if something doesn't go right. Do you understand Arizona's real estate laws and practices about disclosure, fair housing, and contract negotiation? If not, You could … [Read more...] about Should I work with a Realtor, or sell it myself as a FSBO?
People who already have a home usually need the funds from the closing to secure their next purchase. If a "move-up" buyer wants to buy a home during a depressed market, that means they usually have one to sell themselves. Timing becomes very important and negotiations become more involved so neither party is forced into … [Read more...] about Renting VS. Owning – Why Waiting to Buy Has A High Price
When talking with real estate agents, you'll often find that when they speak to you about buying real estate, they refer to buyer's purchasing a "home" and the sellers putting their "house" on the market. Why the play on words? The reason is psychological. Buying and selling real estate is one of the most involved and emotional … [Read more...] about Getting Your Home Ready to Sell