Are you having trouble finding a home that fits your needs and budget? If so, you should know there’s an option worth considering – condominiums, also known as condos. According to Bankrate: “A condo can be a more affordable entry point to homeownership than a single-family home. And as a homeowner, you’ll build equity over time and have access to tax benefits that a renter Continue Reading
Over the past year, home prices have been a widely debated topic. Some have said we’ll see a massive drop in prices and that this could be a repeat of 2008 – which hasn’t happened. Others have forecasted a real estate market that could see slight appreciation or depreciation depending on the area of the country. Home Prices As we get closer to the spring real estate market, experts Continue Reading
Buyers are shopping for homes. Although the housing market is no longer experiencing the frenzy of a year ago. Buyers are showing interest in purchasing a home. According to U.S. News: “Housing markets have cooled slightly, but demand hasn’t disappeared, and in many places remains strong largely due to the shortage of homes on the market.” That activity can be seen in the latest Continue Reading
How To Make Your Dream of Homeownership a Reality. According to a recent Harris Poll survey, 8 in 10 Americans say buying a home is a priority, and 28 million Americans plan to buy within the next 12 months. Homeownership provides many financial and nonfinancial benefits, so interest is understandable. However, all 28 million Americans will unlikely accomplish Continue Reading
Your housing wants and needs need to be balanced. Though more homes are for sale now than last year, there’s still an undersupply, with fewer houses available than in more standard, pre-pandemic years. The Monthly Housing Market Trends Report from realtor.com puts it this way: “While the number of homes for sale is increasing, it is still 43.2% lower than it was before the pandemic in 2017 Continue Reading
A real estate expert provides you with clarity in today's housing market. The housing market has been going through shifts lately. That’s why working with an industry professional who can guide you throughout the process is so important. The real estate expert uses their knowledge of what’s happening with home prices, housing supply, market projections, and more to give you Continue Reading
A lot has changed over the past year, and you might be wondering what’s in store for the spring housing market. If you’re planning to sell your house this season, here’s what real estate experts are saying you should keep in mind about pricing your home. 1. Homes That Price Right Are Still Selling Houses that are updated and priced at their current market value are still Continue Reading
Manhattan Market Report for the week ending March 10th, 2023, Supply closed out at 6,370 and trended upward. Pending Sales at 2,453 and off-market listings (delisting) maintain the market pulse at a .39% level. Demand continues to tick higher and build momentum as we enter the spring market. The Activity these past few weeks is evidencing a healthy Continue Reading
One of the benefits of being a homeowner is that you build equity over time. Those savings can be used toward purchasing your next home by selling your house. But before you can put it to use, you should understand precisely what equity is and how it grows. Bankrate explains it like this: Home Equity “A the portion of your home you’ve paid off – in other words, your stake Continue Reading
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