Home appraisals are unbiased professional insights into a home’s value based on the property’s condition, location, and features. A professional assessment is required for most real estate transactions to confirm the property is worth at least as much as a mortgage lender will lend to purchase the property. Similarly, when a homeowner wishes to refinance … Read more
July housing inventory levels continue to rise, providing more options to homebuyers who are actively looking for a new home. Home price reductions are also increasing as sellers adjust to the new normal. However, housing remains expensive and fast-paced, with the median asking price close to June’s all-time high.
Over the centuries, real estate investing has been a very lucrative endeavor. Even non-speculating homeowners who have owned and maintained investment properties for several years have achieved double and triple-digit investment returns. Private residence values have risen substantially, although there have been notable dips in recent history. According to a July 2022 Realtor® Magazine article, … Read more
Purchasing a first home is an exciting time. The saving, researching, comparing, and final closing, followed by the excitement of the move-in, are experiences first-time homebuyers long remember. However, it is helpful for first-time buyers to exercise extreme caution with each step of the process since ignoring certain precautions can quickly turn to despair. Selecting … Read more