The real estate market is hot right now with pent-up buyer demand from 2020. According to the National Association of Realtors, the inventory of available homes on the market set a record at the end of 2020 as being the lowest since 1999.
If you're thinking about selling your home, the most important item on your agenda is to find a good Realtor®. All sellers aim to maximize their profit; most are also looking to pay a minimum amount of commission.
Home buyers are certain to have questions when looking for homes and their Realtors can be a great source for information. However, there are common questions that Realtors cannot legally answer. Federal, state or local fair housing laws are the reason these questions can't be answered.
When purchasing a home, the sales contract allows a specific number of days for you to have various home inspections performed. It typically varies between five and ten business days.
Often times before selling, we focus on preparing and repairing the interiors of our homes before the first potential buyer sets foot inside. We paint, replace flooring, upgrade kitchens and more. While that’s important, it’s also extremely important to focus on the exterior of your home as well.
Now that the Covid 19 vaccine has rolled out, the economy is coming back and more people feel comfortable buying a home. According to Freddie Mac, interest rates are still historically lower than they've been in over 50 years.
Historically, the best time to sell a home is in the spring and summer real estate markets. This year, the best time may actually be now. Lawrence Yun, the Chief Economist of the National Association of Realtors predicts that the 2021 winter real estate market...
We experienced unprecedented times during 2020 due in part to the coronavirus. With all the worry about Covid 19 and the stay-at-home orders, people feared the worst about the 2020 real estate market. However, Covid 19 certainly "gave a shot" in the arm to the housing market.
In 2020, homes have been selling faster than in the past. This is mainly due to lower inventory and historically low interest rates. In fact, Zillow.com shares a statistic that homes went under contract in an average of 25 days this year.