How Much House Can I Afford?

How to determine how much house you can afford before beginning a home search

Most of us, at some point, dream of buying and owning a home. The pride of ownership and a sense of security are important motivating factors. In addition, the initial investment can grow into a significant profit because of property value appreciation. For both first-time and experienced homebuyers, the question becomes: “How much home can … Read more

How Rising Interest Rates Impact Real Estate

Changing Interest Rates Affect Real Estate Buyers and Sellers

Most buyers, particularly first-timers, will probably borrow money to purchase a home or other real estate property. The process consists of working with a lender to qualify for a home loan at a specific interest rate for a set amount of time. The homeowner is then responsible for making regular monthly payments to repay the … Read more

February Housing Market Report

February Housing Market Report

Realtor®.com reports that real estate markets are seeing an early start to the spring buying season this year. There is an unseasonably high demand with fewer homes for sale. The imbalance led to typical homes selling faster and pushing list prices to a record high in February. Meanwhile, higher mortgage rates squeezed buyers’ budgets. Highlights The national … Read more

What Does a Realtor Do for the Homebuyer?

Realtor working with new homebuyer

Prospective homebuyers who begin their search without enlisting the knowledge and experience of a professional Realtor to represent them will miss out on a range of resources that can help them make an informed decision. Realtors add insight into the current market conditions, histories of recent transactions, and a real-time understanding of current conditions and … Read more

What Does a Realtor Do for the Home Seller?

Realtors sell homes

Just about anyone who has ever sold a home with the help of a knowledgeable Realtor appreciates the role they played in counseling, guiding, advising, and managing the process. Realtor support is especially critical during complex transactions filled with multiple crises that demand a professional hand to navigate and hold the deal together. Roles of … Read more