Mortgage Pre-Approval vs. Pre-Qualification: Understanding the Difference

Understanding the Difference between Mortgage Pre-Approval and Pre-Qualification

Before embarking on the quest to find your dream home, laying the groundwork for a successful purchase is essential. As a prospective homebuyer, your journey begins with understanding your finances and clarifying your homebuying budget with the aid of a mortgage pre-approval vs. pre-qualification. When to Consider Pre-Qualification and Pre-Approval Pre-qualification and pre-approval should be … Read more

Affordable Home Inventory Grew in February [VIDEO]

February 2024 Monthly Housing Market Report

The February housing market report shows this spring could provide home buyers with a greater supply of less expensive homes than in 2023. Realtor.com research finds the number of newly listed homes has significantly increased. The median listing price growth has slowed, and the share of home listing price reductions has risen to the highest … Read more

Foreclosure to Dream Home: The Fixer-Upper Financial Guide

Guide for transforming a fixer-upper into a dream home

A fixer-upper is a property listed at a lower price than comparable homes because it needs repairs, renovations, or updates. These homes offer a unique opportunity for potential homeowners to create the space of their dreams, often at a more affordable price point. However, fixer-uppers are best suited to those who understand the potential challenges. … Read more

Key Profit-Maximizing Strategies for Short-Term and Mid-Term Rentals

Short-term rental property

Over time, the travel landscape has experienced a seismic shift with the ascendance of the short-term rental market. From bustling cities to quiet suburban enclaves, property owners are tapping into the burgeoning demand for temporary lodging that offers the comfort of a home. The appeal extends to a diverse traveler base, including tourists, business travelers, … Read more

Top House Hunting Strategies: Essential Tips for Homebuyers

Essential Tips for Homebuyers

Buying a house is an exhilarating journey that marks a significant milestone in life. With excitement comes the responsibility of making informed decisions that will impact your future. So, here are some of the top house-hunting tips to keep you grounded while buying a home. Establish Your Housing Budget Ensuring financial stability when entering the … Read more

Number of Homes for Sale and New Listings Improve in January 2024 [VIDEO]

January 2024 Monthly Housing Market Trends Report

Summary Realtor. com®‘s January housing data shows the number of homes for sale and new listing activity continues to improve compared to January 2023. Listing prices continue to rise slowly, with few existing homes for sale. Meanwhile, time on the market is below that of recent years. Report January housing data from realtor.com suggests positive … Read more

Key Terms Every Homebuyer Must Know

Key real estate terms

Real estate encompasses much more than just land and buildings. It signifies a person’s stake in one of the foundational assets for wealth and stability. Real estate represents tangible roots within a community and the chance for long-term financial stability. So, in this article, we review the key terms every homebuyer should know before searching … Read more