December capped off 2017 with record-breaking home prices, speedy sales and low inventory. One thing is for sure is that the real estate market is on fire, and there's no indication the flames will be dying down anytime soon. Here are key points from January's report: 1. Homes are selling fast In December, homes spent an average of 57 days on the market. That's the...
In the market for a new home but have no idea where to start? There are several decisions you should begin to make before you even start your home search . By asking yourself the right questions, you can quickly pinpoint what you want – and can afford – in your next home. 1. What's your budget? See how your finances stand up to the 28/36 rule, which lenders use to see...
It happens a lot. The dream vacation on the beach, at the lake or on the ski slopes suddenly morphs into a dream of buying a piece of paradise. If you're considering buying a property in your dream getaway area, here are some preparatory steps you can take as you embark on your search: Decide whether you want the place to be primarily for your use or also serve as a rental property....
One of the best pieces of advice you can heed when it comes to buying a house is to order a home inspection. Regardless of whether you're a first-time homebuyer or an old pro, you might have on rose-colored glasses when it comes to buying a house – your future home. Luckily, a certified home inspector has no emotional attachment to your new place and can impartially...
Every seller wants to get the best deal for their house—especially when you consider that as much as $500,000 in profit can be earned tax-free. So why not just price your house to the moon? After all, you can just bring it down later, right? Well, there are a few problems with that. If you price high and then slowly start bringing it down…and down…and down…buyers are going to notice. It...