Are You Ready to Buy a Home?

Question: I am tired of paying rent and thinking about buying a home, but I’m worried about the added cost and responsibility. How do I know if I am ready?—Kate The transition from renter to homebuyer is a big one. Owning your own home gives you assurance that your monthly housing costs will never go [...]

May 16th, 2018 | Posted in Consumer | Read More »

Lack of Workers Means Builders Can’t Keep Up With Demand

Builders have addressed their inability to keep up with demand for new homes, saying there simply aren’t enough workers to build them. Building firms point out there are around 250,000 unfilled construction jobs in the U.S. today, including positions for home framers, electricians, masons, carpenters and others. This shortage of workers means that new home [...]

May 16th, 2018 | Posted in Consumer | Read More »

10 Most Desired Tiny Homes

As the housing market gets more and more competitive, prospective home buyers seeking affordable housing are having to make sacrifices. For some, it means cutting square footage and embracing a more minimalist lifestyle. The tiny home trend emerged in 2008 when the subprime mortgage crisis took hold and many homeowners were forced to downsize. Since [...]

May 16th, 2018 | Posted in Consumer | Read More »

2 Things to Get the Most Out of Your Home Sale

Every homeowner wants to make sure they maximize their financial reward when selling their home. But how do you guarantee that you receive the maximum value for your house? Here are two keys to ensure that you get the highest price possible. 1. Price it a LITTLE LOW This may seem counterintuitive, but let’s look [...]

February 21st, 2018 | Posted in Consumer | Read More »

Will Driverless Cars Affect How Far from Work You Are Willing to Move?

Driverless cars have long been consigned to the realm of science fiction, but that idea is changing rapidly as the technology slowly becomes a reality. Driverless cars are likely to hit the roads in a big way within the next decade or so, according to many experts, and that could have a big impact on [...]

February 21st, 2018 | Posted in Consumer | Read More »

Could an Escalation Clause Help You Get a Better Deal?

Home buyers locked in heated bidding wars are increasingly turning to escalation clauses to keep their offers in play, The Wall Street Journal reports. Escalation clauses are addendums to real estate contracts in which a prospective buyer is able to submit an offer but then raise his or her offer in increments to a maximum [...]

February 21st, 2018 | Posted in Consumer | Read More »

How the New Tax Bill Will Affect Homeowners

Republicans on Friday unveiled the final version of their tax bill, and it has new restrictions for some homeowners. Senate and House Republicans have reconciled their versions of tax legislation and the final plan shrinks some popular deductions. Lawmakers aim to vote on the bill next week and then send it to President Trump’s desk. [...]

December 27th, 2017 | Posted in Consumer | Read More »

Essential Apps for Your Home Search

Homebuyers are increasingly relying on mobile applications to help with their property search. A recent National Association of Realtors survey found that 68 percent of those searching for a home use mobile apps to help with that, and a quick look at our list of favorite apps helps us to understand why that’s the case: [...]

December 27th, 2017 | Posted in Consumer | Read More »

5 Reasons Why You Shouldn’t FSBO

In today’s market, with home prices rising and a lack of inventory, some homeowners may consider trying to sell their home on their own, known in the industry as a For Sale by Owner (FSBO). There are several reasons why this might not be a good idea for the vast majority of sellers. Here are [...]

December 27th, 2017 | Posted in Consumer | Read More »

Boomers: Buy or Rent After Selling?

In a recent CNBC article, it was reported that many baby boomers are selling their current homes and moving into rentals, rather than purchasing another home. “Between 2009 and 2015, the number of renters aged 55 or above rose 28 percent, while those aged 34 or younger only increased 3 percent… Meanwhile, more than 5 [...]

December 18th, 2017 | Posted in Consumer | Read More »