Bank of Mom and Dad the 7th Largest Lender in the U.S.

Young adults are increasingly relying on financial help from their parents in order to buy their first homes. In fact, the extent of this financial assistance is so great, that if parents were considered a financial institution, they would be the seventh largest mortgage lender in the U.S. The surprising finding was announced in a [...]

March 4th, 2019 | Posted in Consumer | Read More »

Real Estate Markets Set to Spring Forward

Just like our clocks this weekend, in the majority of the country, the housing market will soon “spring forward!” Similar to tension in a spring, the lack of inventory available for sale has been holding back the market. Many potential sellers believe that waiting until Spring is in their best interest. Traditionally, they would have [...]

March 4th, 2019 | Posted in Consumer | Read More »

Does Pressure Washing Damage Vinyl Siding on Your Home?

Residential pressure washing is an excellent way to improve a home’s curb appeal, removing years of baked-on mud, dirt, and other unsightly grime. Roof washing, as well as gutter brightening and window washing, also protect those surfaces from long-term damage caused by abrasive and corrosive debris. However, is pressure washing safe for vinyl siding? Improper [...]

February 25th, 2019 | Posted in Consumer | Read More »

How to Sell an Unusual Home

Houses come in all shapes, sizes, colors, and layouts. Most follow standard building methods and aesthetic trends of their era, but some are designed by dreamers, artists, or eccentric homeowners. When those unusual homes go up for sale, it’s up to the real estate professional to know how to market the property to get it [...]

February 25th, 2019 | Posted in Consumer | Read More »

Buyers: Just Say No to FSBO

There was a lively conversation on our neighborhood Nextdoor last week from someone who was listing his home for sale by owner (FSBO) and wanted to get the word out to neighbors but definitely did NOT want to attract the attention of real estate agents. He had a few choice words for agents around what [...]

February 14th, 2019 | Posted in Consumer | Read More »

Home Prices Still Rising in Most Cities

Most markets across the country are still seeing home prices inch up, although at a slower pace than in previous quarters. The national median single-family home price in the fourth quarter of 2018 was $257,600, up 4 percent from a year ago, the National Association of REALTORS® reported Tuesday. Regional Breakdown Here’s how existing-home sales [...]

February 14th, 2019 | Posted in Consumer | Read More »

Tiny Homes Not All They Are Cracked Up To Be

The trend towards so-called “tiny homes” has attracted a lot of attention in recent years, with some expert saying their affordability may help to address housing shortages in many markets. But new data from PropertyShark suggests that smaller living spaces aren’t proving to be all that popular. PropertyShark said in its report that even in [...]

February 14th, 2019 | Posted in Consumer | Read More »

Keep Your Home Safe During Open House

Open houses can increase the likelihood that your home will sell but it can also increase the potential of theft. “With so many people touring your open house…the most prominent open house security issue during a house showing is thefts and robbery,” said reolink. “KABC reported that more than $150,000 worth of watches, jewelry and [...]

February 7th, 2019 | Posted in Consumer | Read More »

Spring Has Sprung Early in Housing

Demand for housing is picking up and housing analysts are pointing to lower mortgage rates as the main reason. The spring buying season may be coming early. In Coppell, Texas, a suburb of Dallas, real estate pros reported a traffic jam of buyers lined up on the front stairway to get into an open house. [...]

February 7th, 2019 | Posted in Consumer | Read More »

Fewer Homes Selling Above List Price

The amount of homes that were sold above their listing price fell each month in the second half of 2018, with December seeing the biggest month-over-month drop since at least 2012, Zillow reported. Experts interpret it as another sign of a slowdown in the housing market. Just 19 percent of home sales in the U.S. [...]

February 7th, 2019 | Posted in Consumer | Read More »