The real estate market has gone through a number of changes during the past few months. When inventory is low, sellers win. They have the ability to pick a buyer, they can make more money, and they can sell a house faster. What are some of the biggest reasons why sellers win when inventory is low? The Asking Price Goes Up One of the biggest reasons why sellers win when inventory is low is that the asking price goes up. When there are more buyers than there are sellers, a seller may have … [Read more...]
Renters Missed Out On Tens Of Thousands Of Dollars This Past Year
Rent has gone up significantly during the past year. Even though it is not unusual for rent to go up over time, the average rent across the country has increased significantly during the past year. This means that the average rent will probably be even higher next year than it is this year. Even though this is one of the biggest deterrents against renting, there are other reasons to get out of the rental market as well. Renters Stand To Lose More Money This Year One of the biggest reasons … [Read more...]
Buying A Second Home As A First Home: What To Know
Many first-time homebuyers are having a difficult time finding the right purchase. Therefore, a new trend is catching on. Some people are renting in the city, where property values are more expensive. Then, they buy a vacation home in the suburbs. Is it smart to buy a second home as a first home? The Advantages Of Buying A Vacation Home First There are several advantages that come with buying a vacation home as a first home. First, buying a vacation home in the suburbs is usually less … [Read more...]
Tips For Selling A House During The Winter Season
The most popular time of year to sell a home is the summer. There are a lot of families with children who prefer to move during the summer because they do not want to move their children during the school year. In contrast, many people do not like to move during the winter. It can be difficult to request extra time off of work, particularly during the holiday season. At the same time, it is still possible to sell a home during the winter. What are a few tips homeowners need to follow to … [Read more...]
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