Sunday, December 19, 2021 / by Francis Krebs
Homebuyers Are Going on a Shopping Spree This Winter
Black Friday and Cyber Monday are over, which means some shoppers have wrapped up their holiday buying. But there’s still a group of buyers that are very active this holiday season – homebuyers.
Experts anticipate the real estate market will see a flurry of activity this winter, and that’s great news for today’s sellers. If you’re planning on listing your home, there’s no need to wait until the spring for better conditions – today’s real estate market is already heating up.
Buyers Have Warmed Up to the Idea of Purchasing This Winter
The past 18 months brought about significant lifestyle changes for many of us, including the rise in remote work, job changes, and even early retirement for some. For many people, it’s prompting a search for their next home now rather than waiting for warmer months.
Lawrence Yun, Chief Economist at th ...
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Thursday, December 2, 2021 / by Francis Krebs
Tips for Single Homebuyers: How To Make Your Dream a Reality
If you’re living on your own and looking to buy a home, know that you can make your dream a reality with thoughtful planning and the right team of experts. Research from Freddie Mac shows 28% of all households (36.1 million) are sole-person, and that number is growing. Over the past 40 years, the number of sole-person households has nearly doubled, and that’s a trend that’s expected to continue. According to Freddie Mac:
“Our calculation suggests that there will be an additional 5 million sole-person households in the United States by the next decade. This means 42% of the household growth will be contributed by sole-person households, . . .”
If you fall into this category, here are three tips to help you achieve your homeownership goals.
1. Know Your Credit Score
When you buy a home on your own, you have to qualify for your ...
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Wednesday, December 1, 2021 / by Carolyn Sanchez
Who doesn’t love a snow day? Cuddling on the couch with a mug of hot cocoa while watching holiday movies can make anyone not want to venture out into the cold. Next time you find yourself in this spot, it will be a good idea to head out for half an hour to protect your home, especially if you want to sell in the future. Once your driveways and sidewalks are shoveled, check out these tips on protecting your home that you may not have considered.
Clear Your Vents: Make sure your furnace vents are clear of snow. Carbon monoxide could build up if your furnace vent is blocked. A blocked vent may also cause a hot water heater to quit functioning. Use a broom to remove any snow.
Uncover Fire Hydrants: If you live near a fire hydrant, you should take a few minutes to dig it out if you notice it is covered - this can help a firefighter if there is an emergency!
Unblock Ice Dams: Be sure to check your gutters for ice dams. When ice dams are present and water backs up, i. ...
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Wednesday, December 1, 2021 / by Carolyn Sanchez
Winter is coming which means an increased risk of ice on your property. While bad weather can be inevitable, decreasing fall risk at your home can help. Here are a few ways to just do that:
INDOOR TIPS
The first step to preventing your own falls start indoors. Preparing your entryways can help! Try placing skid-resistant door mats near entrances to dry your footwear. Make sure you check the bottoms of your feet each time you enter the home, and clean off the accumulated ice, snow or water. Keeping your floors as dry as possible is another great way to prepare your home.
OUTDOOR TIPS
To start, you will need adequate supplies of salt and sand. Clear your walkways and treat outdoor surfaces to prevent falls. Wooden porches, decks or steps can become especially slick in winter. Be sure to shovel and treat pathways with salt or sand immediately after storms. Prevent dangerous ice buildup by clearing sidewalks before snow is compacted by footsteps or melts and refreezes. Salt lowers the . ...
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Wednesday, December 1, 2021 / by Carolyn Sanchez
There is high buyer activity and a historically low number of houses for sale right now. The perfect time for homeowners to sell their house is when the demand for homes is higher than what’s available for sale. Here are a few ways that low inventory can help you get a great deal if you’ve been on the fence about selling your current home.
Better Seller Terms
When there is a seller’s market like there is today, it is much more like being in he driver’s seat when you choose to sell your home. The ball is in your court and you have the power to sell on your own terms because low inventory means less choices for buyers. Buyers are more likely to work with you if it means they can purchase a home in a market where they are hard to find.
Greater Investment Return
ROI is a major focus in real estate. As prices rise, homes gain value. This drives equity increases - in just the second quarter of last year, homeowners were gaining an average of $9800 in equity. Growt ...
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