So, you’ve been searching for that perfect house to call a ‘home,’ and you’ve finally found it! The price is right, and in such a competitive market, you want to make sure that you make a great offer so that you can guarantee that your dream of making this house yours comes true!
According to a newly released study by ATTOM Data Solutions, selling your home in the month of May will net you an average of 5.9% above estimated market value for your home.
For the study, ATTOM performed an “analysis of 14.7 million home sales from 2011 to 2017” and found the average seller premium achieved for each month of the year. Below is a breakdown by month:
There is no doubt that the price of a home in most regions of the country is greater now than at any time in history. However, when we look at the cost of a home, it is cheaper to own today than it has been historically.
The price of a home is the dollar amount you and the seller agree to at the time of purchase. The cost of a home is the monthly expense you pay for your mortgage payment.
By Ryan Fitzgerald
There are many economic variables to consider when selling your home when interest rates are rising. If that’s the only changing economic variable, you’re generally going to see a negative impact on both home sales and home prices. This means as interest rates rise, the buyer pool for your home is going to shrink.
.jpeg)
Finding a real agent to assist you with the process of buying or selling a home is a big decision that should not be taken lightly. Picking the right agent can save you lots of time, money, and unnecessary stress. On the other hand, picking the wrong agent can cost you BIG, and even have long-term consequences.
Here are six key qualities to look for in a real estate agent:
By Cheryl Knight
Buying a house is a life-changing process that requires lots of upfront financial planning.
When looking for a home, keep certain factors in mind, including your financial situation, types of available loans, your credit score, the price of the house and your down payment so you can navigate the process smoothly.
Your Financial Situation
Analysts are expecting even higher home prices in 2018 than originally projected, according to new research.
Zillow’s 2017 Q4 Home Price Expectations Survey reveals experts are anticipating a 4.1 percent hike in the new year, up from the 3 percent they forecasted a year ago. Over 100 experts, including economists, participated in the survey.
Their reasoning? Home-building has not panned out as planned—yet.
Affordability challenges are weighing on the housing market, as many homebuyers and sellers contend with either being unable to compete or to find a new home within reach.
Buying a home, however, is still better than renting one in most states—35, to be exact, according to a recent study by GOBankingRates.
Spring is a sensible time to refresh and restore your home after heavy indoor use during winter. It's also an opportunity to conduct overdue home maintenance and achieve a sense of accomplishment.
Tackle the project room by room with these tips from the experts at Office Depot to make the work feel more manageable and ensure you complete a thoroughly satisfying job.
Entryway
Spring is here, and so is spring home-buying and -selling. Buyers and sellers preparing to take action this season should put those plans into play now—according to Zillow Group’s Report on Consumer Housing Trends, the No. 1 regret for both buyers and sellers is “not starting their home search or prepping their home to sell soon enough.”
| Newer Posts | Older Posts |