Millennials face numerous challenges when buying their first homes. 55% of young adults between 25 and 34 years old don't own homes as compared to 80% in 1967, according to data from the Census Bureau. Buying a home is tough with the $1.4 trillion student loan debt, growing childcare expenses and rising rental costs. However, hope is not lost. Millennials can realize the quintessential dream of owning a home. Millennials can employ several strategies to plan for home ownership … [Read more...]
5 Tips To Price Your Home To Sell For Top Dollar
Many home sellers are confused about how to price their home to sell. It's definitely challenging to try and find that sweet spot between pricing it low enough so it flies off the market without undercutting the home's value. Emotions play into the decision, too. If the seller has a lot of sweat equity in the home, or the property is the only place the children have ever called home, owners may tend to place a higher value on the house. Here's how to correctly price a home to sell in any market. … [Read more...]
Case-Shiller: Home Price Growth Slows to 20-Month Low
Home price growth slowed to its lowest rate in 20 months according to the 20-City Home Price Index issued by Case-Shiller. After years of dismal readings, Las Vegas, Nevada led the cities included in the index. Top three cities for August included Las Vegas, Nevada where year-over-year home prices grew by 13.90 percent. San Francisco, California saw home prices increase by 10.60 percent year-over-year and Seattle, Washington home prices rose by 9.60 percent year-over-year. August's 20-City Home … [Read more...]
4 Reasons To Buy Or Sell A Home This Winter
The winter real estate market tends to be significantly different from other seasons. Buyers and sellers alike are often driven by different reasons than at other times of the year. That can be a win-win for both motivated buyers and sellers in the right climate. Many homeowners list their property during spring and early summer hoping to maximize their return on investment during the competitive seasons. Families with school-aged children tend to be highly motivated buyers because they prefer … [Read more...]
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