It is no secret that many home buyers are having a hard time finding a home to purchase. The inventory of homes available for sale was on the low side even before the Covid 19 pandemic. Currently, there is a historic and dire shortage of houses for sale.
When interviewing for a real estate agent to help you purchase a home, be sure to ask them what type of buyer representation they are going to provide to you. There are multiple types of buyer representation with differences in what they entail.
Spring is a time of new life and new beginnings. Springtime is when the real estate market comes to life as buyers look to begin their new lives in new homes.
A critical step in the home buying process is the final walkthough of the house, before it officially and legally becomes yours. The purpose of a final walkthrough is to be sure the home is in the same or better condition than it was when you signed a contract.
The Realtor.com annual housing market forecast, published December 22, 2021, predicts "national rent growth of 7.1% for 2022." Home buyers cannot find homes to purchase because of the historic supply deficit of homes available for sale.
Rental prices are going up just as home values are. Potential tenants are flocking to new rental listings and are fighting for the opportunity to be approved. This is a prime opportunity for landlords to find solid tenants for their rental properties.
In Part 2 of our series on optimizing your rental property, we'll take a look at finding the best local agent for your circumstances. Investors are purchasing rental properties to add to their investment portfolios because interest rates are so low, and money is so cheap to borrow.
Just as home values and prices are increasing across the country, we are also seeing a huge jump in rent prices. The rental market is more competitive than ever right now and over the next couple of days we'll share information on the market and how to manage your rental efficiently.
Even though it's the middle of winter, it is not too early to start thinking about spring. Get creative on those long, cold nights and start planning and improvement plan for your landscaping.