Real estate indicators are starting to shift in favor of home buyers as the housing market sets its sights on spring. Mortgages are getting cheaper, housing inventories are growing, and home prices are rising at a slower pace.
Fixed-rate mortgages have been inching lower in recent weeks, but the percentage of borrowers being tempted by the even lower rates of adjustable-rate mortgages is rising.
Sixty-seven percent of millennial home shoppers who participated in a recent survey of 1,000 U.S. residents in the market for a home said they would put in an offer on a property in need of major repairs.
It could be a home buyerâs worst nightmare: They purchase a new property only to discover later it is contaminated with methamphetamine, which is linked to health problems and can be very costly to eliminate.
With winter setting in, nowâs the time to play up your listingâs fireplace as an amenity potential buyers canât live without. How can you turn this red-hot home feature into a sizzling selling point for your listing? See how home stagers have done it.
Tenants know that when a For Sale sign pops up on the property theyâre renting, they may need to prepare for disruption to their lives. The potential emotional and physical upheaval that comes with selling tenant-occupied homes makes them much more difficult transactions. Hereâs how to navigate them sensitively.
As John Smaby takes the reins as the 111th president of the National Association of REALTORS®, he plans to celebrate the achievements of its membership and ensure the association serves as a model for professionalism.
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