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Real Estate

Ideas for giving back this holiday season

Ideas for giving back

It’s a wonderful time of year to give back to your community. You'll find that there are countless opportunities to get involved this time of year, and taking time to think of others and do some good can help put everything else in perspective. Here are some of the ways you can give back this holiday season. Donate to Your Preferred Charity Charitable giving is one of the most effective ways you...

Why You Might Not Want to Get too Excited (or Nervous) About a Housing Crash

Why You Might Not Want to Get too Excited (or Nervous) About a Housing Crash

Rising interest rates and slightly lower demand in the market has caused many people to believe that a housing crash is imminent. Despite some signs that the market is slowing down, you shouldn't get too worried or excited about the possibility of a housing crash. Recent Economic and Market Changes Inflation in the U.S. has been on the rise since mid 2021 and reached a 40-year high of 8.2% in...

What to Inspect at an Open House

What to Inspect at an Open House

When a seller has listed their home on the market, they will sometimes host an open house or an open inspection. This means that the home will be available to tour and inspect at a specific time. As a buyer, this gives you the opportunity to look at every facet of the home before making an offer. While there will likely be other potential buyers touring the home as well, you should still take this...

Homebuyer Competition Is Easing

Homebuyer Competition Is Easing

It's no secret that buyer demand has been extremely high ever since the Federal Reserve substantially reduced interest rates during the pandemic. In fact, the median value of a home grew by more than 17% in 2021, which was the result of exceedingly high demand and a relatively low housing supply. When the market conditions heavily favor the seller, it's common for intense bidding wars to take place and...

Successful House Flipping

Five Secrets to Successful House Flipping

If you're looking to invest in real estate as a house flipper, you have the potential to earn high returns on your investment. However, successfully flipping homes is challenging. When you don't have experience with this type of investment, there's a good chance that you'll make mistakes. Here are five secret skills and tips that should allow you to reduce your mistakes and successfully flip homes. Be...

Feeling Left Out? How to Save For Your First Home

Feeling Left Out? How to Save For Your First Home

When the Federal Reserve dropped interest rates in 2020, the real estate market became flooded with new buyers looking to take advantage of low rates to lock in a mortgage. While interest rates have increased since that time, a large number of buyers still enter the market on a daily basis. If you're feeling left out and believe that buying a home is right for you, your main goal should be to increase your...

Smart-Home Devices May Save on Home Insurance

Smart-Home Devices May Save on Home Insurance

While smart-home devices can add a considerable amount of convenience and comfort to your home, they can also help you save money on your home insurance. There are a wide range of smart-home devices that you can have installed in your home - everything from smart thermostats to smart speakers. Before you purchase any of these devices, you should know which devices might save you some money. Policy...

Millennial Home Ownership is Finally on the Rise

Millennial Home Ownership is Finally on the Rise

Anyone born between 1981 and 1996 is part of the millennial generation. For many years, millennials weren't buying homes at the same rates as previous generations. In 2019, only 43% of millennials owned homes, which was well below the national average of 65% when taking every other generation into account. Even though millennials were old enough to purchase homes in 2019 (23 to 38 years old), there are...

Rising Mortgage Rates May Affect Asking Prices

Rising Mortgage Rates May Affect Asking Prices

If you've been paying any amount of attention to the real estate market, you may have noticed that mortgage rates have been steadily increasing throughout most of 2022. In fact, the average interest rate for a 30-year mortgage is over 5% as of early August. When the Federal Reserve first lowered national interest rates at the start of the COVID-19 pandemic, buyers essentially flooded the market. Now...

Looking To Buy A Home In A Competitive Market? Here’s How To Win

Looking To Buy A Home In A Competitive Market? Here’s How To Win

Now that interest rates and home values are increasing at a somewhat steady rate, you might think that market conditions would start favoring the buyer. Despite recent changes, the market remains highly competitive among buyers. When market conditions are favorable for buyers, you likely won't encounter much competition while you search for a new home. On the other hand, a competitive buyer's market...

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