You made an offer and it was accepted. Your next task is to have the home inspected prior to closing. Agents often recommend you make your offer contingent upon a clean home inspection. This contingency allows you to renegotiate the price you offered for the home, ask the sellers to cover ... » Learn More about What to Expect from Your Home Inspection
The latest edition of the Realtors Confidence Index from NAR sheds some light on the relationship between seller traffic (supply) and buyer traffic (demand). Until the supply of homes for sale starts to meet buyer demand, prices will continue to rise. The ... » Learn More about How Does the Supply of Homes for Sale Impact Buyer Demand?
Some Highlights: The “cost of waiting to buy” is defined as the additional funds necessary to buy a home if prices and interest rates were to increase over a period of time.Freddie Mac forecasts interest rates will rise to 3.8% by Q4 2020.CoreLogic predicts home prices will appreciate by 5.4% ... » Learn More about What Is the Cost of Waiting Until Next Year to Buy? [INFOGRAPHIC]
When people talk about homeownership and the American Dream, much of the conversation revolves around the financial benefits of owning a home. However, two recent studies show that the non-financial benefits might be even more valuable. In a recent survey, Bank of America asked ... » Learn More about Homeowners Are Happy! Renters? Not So Much.
According to a new study from realtor.com, the week of September 22 is the best time of year to buy a home, making it ‘Black Friday’ for homebuyers. Every year, ‘Black Friday’ is a highly anticipated event for eager shoppers. Some people prepare for weeks, crafting and refining a strategic ... » Learn More about Are You Ready for the ‘Black Friday’ of Real Estate?