For a vast majority of property owners, the home loan is the largest extension of credit they will ever pay down. With hundreds of thousands of dollars -- or more -- at stake, it makes sense that lenders take great care to qualify their borrowers before issuing such large disbursements of funds.
Having a deck or a patio in your backyard adds outdoor living space to your home. Having one also adds to your home value. If you are deciding between installing a deck or a patio on to your home, there are quite a few factors to consider.
Real estate forecasters look at many variables when making predictions for three, six and nine months out. As they begin to express their opinions on 2022 they quite naturally examine supply of available homes and the level of demand for them.
Building a new construction home is exciting. The feeling of having everything new in a house is like no other. As a homeowner of a brand-new home, you shouldn't have to worry much about systems and mechanicals breaking or needing repairs within the first few years.
The recent trends in real estate in the United States have delighted some people and frustrated others. High demand and low inventory have lifted home prices nearly 20 percent over what they were in the autumn of 2020.
It is December and it's still a hot real estate market for sellers. This past year we have experienced an unprecedented lack of real estate inventory available for sale leaving pent-up buyer demand.
Over one third of the households in the United States are renting a place to live. According to an article on the website ipropertymanagement.com (October 17, 2021), 36% of American households are renting their home, signaling an apparent decline in homeownership this past year.
There is a lot in the news about the real estate market and how home values are rising, inventory and interest rates are low, and the like. The one issue that doesn't get much attention is real estate agent safety.
Housing starts increased right along with home values in 2021. According to a release from census.gov on November 17, 2021, housing starts were 0.4 percent above the October 2020 rate.