Buyer Activity Is Up Despite Higher Mortgage Rates
If you’re a homeowner thinking about making a move, you may wonder if it’s still a good time to sell your house. Here’s the good news. Even with higher mortgage rates, buyer traffic is actually picking up speed. Data from the latest ShowingTime Showing Index, which is a measure of buyers actively touring homes, helps paint […]
A Recession Doesn’t Equal a Housing Crisis
Everywhere you look, people are talking about a potential recession. And if you’re planning to buy or sell a house, this may leave you wondering if your plans are still a wise move. To help ease your mind, experts are saying that if we do officially enter a recession, it’ll be mild and short. As […]
Why Buying a Home Makes More Sense Than Renting Today
Wondering if you should continue renting or if you should buy a home this year? If so, consider this. Rental affordability is still a challenge and has been for years. That’s because, historically, rents trend up over time. Data from the Census shows rents have been climbing pretty steadily since 1988. And, data from the […]
Ways To Overcome Affordability Challenges in Today’s Housing Market [INFOGRAPHIC]
Some Highlights With so few homes on the market right now, widening the scope of your search to include nearby areas could help you find more options in your budget. You can also work with a trusted lender to consider alternative financing options and search for down payment assistance. If you’ve been searching for a […]
Should You Replace Your Carpet Before Selling Your Home?
When it comes to preparing your home to sell, one question that often comes up is whether or not to replace your carpet. After all, a well-worn carpet can detract from your home’s appearance and make it less appealing to potential buyers. But is it really necessary to go to the expense and hassle of […]
What Makes a House Unsellable?
Selling a house can be complex and challenging, especially if it stays on the market for a long time. Many factors can affect the sale of a home, such as its location, size, and condition. Sometimes, even the most beautiful and well-maintained homes can sit on the market for months without any offers. In this […]
How to Find a Realtor in Minneapolis?
Finding a reliable and experienced real estate agent to buy or sell a home can be daunting for homeowners. However, working with a good realtor can make buying or selling a home smooth and hassle-free. In Minneapolis, there are several real estate agents to choose from, but not all offer the same level of knowledge, […]
How Much Time After Selling a House Do You Have to Buy a House to Avoid the Tax Penalty?
Selling a house is a big decision, and it comes with its own set of challenges. One such challenge is the potential tax penalty if you don’t buy another house soon after selling your current one. This is why, as a homeowner, you must understand how much time you have after selling your home to […]
Does the Buyer or Seller Pay the Real Estate Agent?
Many homebuyers and home sellers are highly informed when it comes to researching the real estate market, but they may not all be familiar with how real estate agent commissions work. In a typical real estate transaction, sellers can expect to pay agent fees; however, those fees will only be due after an offer is […]
Why Today’s Foreclosure Numbers Are Nothing Like 2008
You’ve likely seen headlines about the number of foreclosures climbing in today’s housing market. That may leave you with a few questions, especially if you’re thinking about buying a house. Understanding what they really mean is mission-critical if you want to know the truth about what’s happening today. According to a recent report from ATTOM, […]
