The median home price growth rate slowed in December, dropping below 10% for the first time in 12 months. The national median home list price was $400,000 in December, down from a record high of $449,000 in June. It is the first time that listing price growth has fallen below double digits since December 2021. … Read more
If you’ve searched for homes or other real estate properties, you’ve probably heard about a Homeowner’s Association (HOA) and Property Owner’s Association (POA). There are almost 360,000 HOAs in the U.S. as of 2021. Although the terms HOA and POA are often used interchangeably, the two organizations have very different functions. What Is a Homeowner’s … Read more
Purchasing a new home can be daunting, especially for first-time homebuyers. But, perhaps the most intimidating and time-consuming stage is the home-closing process. Depending on demand, market conditions, and the season, it takes between 30 to 60 days to close on a home. During the closing period, many things can happen. In fact, some of … Read more