If you’re ready to move up, you may be trying to decide whether you want to buy a home that’s already on the market or build a new one. And since the supply of homes available for sale today is low, you’re willing to consider either avenue. While home builders are doing everything they can to construct more houses…
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For the first time in a long time, the number of newly listed homes is beginning to rise. In their latest monthly release, realtor.com reveals the number of existing homes entering the market has increased for two months in a row (this comes after six months of declines).
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Every year, many renters ask themselves the same question: Should I continue renting, or is it time to buy a home? If you’re a renter, chances are you’ve asked yourself that question at least once, and it’s likely because you’ve faced an increase in your monthly housing costs over time.
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As a homebuyer, it’s important to plan and budget for the expenses you’ll encounter when you purchase a home. While most people understand the need to save for a down payment, a recent survey found 41% of homebuyers were surprised by their closing costs. Here’s some information to help you get started.
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To help you navigate bidding wars with multiple offers, a strong full time real estate agent is key. They know what’s worked for other buyers, what sellers are looking for, and how to help you prepare when it comes time to make an offer.
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There are three measures used to establish home affordability: home prices, mortgage rates, and wages. Let’s look closely at each of these components.
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If you’re finding that your down payment is your biggest hurdle, the good news is there are many down payment assistance programs available that can help you achieve your goals.
Read MoreMany things have changed over the past couple of years, and real estate is no exception. One impact is an increased desire to own more than one home.
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A recent survey revealed that many consumers believe there’s a housing bubble beginning to form. That feeling is understandable, as year-over-year home price appreciation is still in the double digits. However, this market is very different than it was during the housing crash 15 years ago.
Read MoreNorth Dakota law requires that, early in a relationship (at first substantive contact), real estate Brokers and their salesperson discuss with consumers what type of agency representation or relationship they desire with a real estate professional. The agency options are listed on a two page form. It is NOT a contract.
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