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August Home Prices Down, Inventory Up [Video]

The August housing market report finds home listing prices are down, home inventory is up, and homes for sale are spending more time on the market. Combined, this gives buyers more choices during what is typically the best time of year to buy a home. © 2022 xpertRealtyMarketing. Sign [...]

2022-09-21T15:48:32+00:00September 21st, 2022|Housing Market|

Median Home Prices Drop Again [Infographic]

Highlights Home listing prices decelerated for the second month in a row as of the end of August 2022. Buyers now have more active listings to choose from than at any time in the last 12 months. The national inventory of active listings in August 2022 increased by 26.6% [...]

2022-09-21T15:21:01+00:00September 20th, 2022|Housing Market|

Questions to Consider About an Investment Property Before Buying

Successful real estate investing demands attention to detail. Careful analysis is especially important for investors who intend to purchase investment rentals or flip a property. Not adequately addressing all the elements of a real estate transaction can reduce the anticipated return or even result in financial loss. For example, [...]

2022-09-07T10:19:57+00:00September 6th, 2022|Real Estate Investing|

How Home Appraisals Impact Buyers and Sellers

Home appraisals are unbiased professional insights into a home’s value based on the property’s condition, location, and features. A professional assessment is required for most real estate transactions to confirm the property is worth at least as much as a mortgage lender will lend to purchase the property. Similarly, [...]

2022-09-07T10:19:21+00:00August 30th, 2022|Appraisals|

July Home Inventory Rises As Price Reductions Increase [Video]

July housing inventory levels continue to rise, providing more options to homebuyers who are actively looking for a new home. Home price reductions are also increasing as sellers adjust to the new normal. However, housing remains expensive and fast-paced, with the median asking price close to June’s all-time high. [...]

2022-08-23T13:56:46+00:00August 23rd, 2022|Housing Market|

Housing Inventory Rises Again in July [Infographic]

Highlights Nationally, the inventory of homes actively for sale on a typical day in July increased by 30.7% over July 2021, the largest inventory increase in Realtor.com® data history. Higher than June’s record-breaking growth rate of 18.7%. The total inventory of unsold homes, including pending listings, increased by just [...]

2022-08-18T15:55:45+00:00August 18th, 2022|Housing Market|

Questions to Ask Yourself Before Investing in Real Estate

Over the centuries, real estate investing has been a very lucrative endeavor. Even non-speculating homeowners who have owned and maintained investment properties for several years have achieved double and triple-digit investment returns. Private residence values have risen substantially, although there have been notable dips in recent history. According to [...]

2022-08-17T16:10:14+00:00August 17th, 2022|Real Estate Investing|

Top Seven Tips for First-Time Homebuyers

Purchasing a first home is an exciting time. The saving, researching, comparing, and final closing, followed by the excitement of the move-in, are experiences first-time homebuyers long remember. However, it is helpful for first-time buyers to exercise extreme caution with each step of the process since ignoring certain precautions [...]

2022-08-02T19:50:21+00:00August 2nd, 2022|Home Buying|

Home Appraisal: What You Need to Know

A home appraisal is a critical and essential part of homebuying and refinancing. Home appraisals are a requirement that professional and certified appraisers perform during mortgage refinances and transactions. Per the National Association of Realtors, appraisal issues are often one of the significant reasons for closing delays. Therefore, it [...]

2022-08-26T14:31:42+00:00July 26th, 2022|Appraisals|
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