It’s that time of year when everyone makes bold predictions about what lies ahead in 2023. But I have my own theory. Yes, prices are coming down, but that doesn’t mean sellers are losing out.
Selling a property fully furnished is fairly common in vacation-home markets, where a house without furnishings can become a chore for buyers rather than an immediate retreat. But it’s probably not a smart decision most anywhere else.
“The check is in the mail” is one of the great lies of all time. Real estate has its own set of lies, especially among agents who want to list your house for sale.
As part of Uncle Sam’s efforts to make housing more affordable, some lenders are starting to accept alternatives to expensive title insurance. But at what price?
Here is a spooky list, from real estate veterans, of the most common things that go “thump” in the loan process.
An estimated 74 million home and condominium owners now live in properties governed by associations of their fellow residents. And a new survey finds 4 out of every 5 folks living with an association would just as soon live elsewhere.
Some clients of MV Realty are not pleased with the listing contracts the company has them sign. Some even say it’s fraud.
Buying a house in the winter is a different animal, especially in colder climates where the weather can limit your ability to fully see a property.
A federal watchdog agency is raising flags about how a consolidation of government agencies offices could boost local economies as work-from-home reduces office requirements.
Confidence games come and go. But some seem to go on forever. And some real estate cons are worth remembering, if only because how successful they were.
There are a bunch of ways to get out of your contract if you get cold feet. But failing to show up at the scheduled closing is not one of them. It’s wrong, and you could open yourself up to lawsuits.
The mortgage market is in for another big shift in a few months. That’s when a sizable increase – roughly 12 percent or 13 percent – in the conforming loan limit appears likely to be announced.
Yes, the combination of rising mortgage rates and house prices are probably insurmountable for many young homebuyers. But new research has found that what’s really holding many of them back is the truckload of debt they’re carrying.
Homebuilders are cutting back: not just in the number of bedrooms, but also the number of bathrooms and anything else where they can make their plans less expensive to build.
Many do-it-yourselfers, especially rookies like me, aren’t as fortunate. More than 9,000 injuries chronicled in 2020 resulted in amputations.
Messy kitchens; concierge services; coworking spaces; connections to local businesses: These are what homebuyers want in new developments.
Up until a month or two ago, sellers were in the driver’s seat, but as buyers’ use of contingencies rise, they still have an option to control the deal.
It’s looking like the answer to the question of what to do with a piece of real estate is no longer just “convert it to life science space,” at least for a few years.
At the same commission rate, real estate agents who sell an $800,000 house receive eight times the compensation of those who sell a $100,000 home. But does it take eight times the effort to sell the more expensive property?
The tea leaves are lining up in favor of homebuyers who can afford today’s higher mortgage rates.