Should you live in the city or the suburbs? Which option offers the better long-term investment? Realtor.com recently conducted a survey to determine ‘where are homes holding their best value?’ To differentiate between city and suburbs, they relied on Nielsen’s population density data. They then compared home prices in January with those one year ago. Finally, they evaluated the […]
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Before you embark on a gut of your circa-1990 kitchen, consult with a Realtor and a general contractor about which renovations will yield the biggest return on investment. How much work you’ll need depends on your home’s value, your market, and the comps in your neighborhood. Committed to doing some work? Start by thinking small. Minor cosmetic upgrades […]
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Four things buyers should look for before making an offer… Leaks – Leaky faucets, radiators, ceilings, roofs – keep an eye out for water stains and any temporarily plugs used to attract offers. Termites – Always request a termite inspection. This is something the seller must repair, and depending on the state, should not cost you, the buyer, anything extra. Issues with the […]
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Reaping the rewards of mortgage interest and property tax deductions is just one way to think of your home as an investment. But there are even more real estate–related tax advantages and disadvantages that can slip under a new homeowner’s radar. Sometimes planning and timing make a major difference in the financial impact of a real […]
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Want a new kitchen but don’t want to spend the money or time necessary on a major renovation? Check out Kelly Morisseau’s tips to improve your space with some “right now” partial remodeling ideas. BRIGHTEN UP THE LIGHTING. “Good lighting has the psychological effect of making your kitchen feel brighter, more cheerful, less cavernous, and easier […]
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You do not have to be an experienced buyer to invest in Real Estate, but if you’re just beginning, you’ll find that there’s a lot to learn. Here are 5 basic tips for investing in real estate to get you started. 1. Location Matters You want to invest in the worst house on the best […]
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Can I afford to buy a home or should I just rent? That is a question many often find themselves asking. But it’s a good idea to take a look at the costs of renting vs. buying before making any decisions:
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Mortgage interest rates, as reported by Freddie Mac, have increased over the last several weeks. Along with Freddie Mac, Fannie Mae, the Mortgage Bankers Association and the National Association of Realtors are all calling for mortgage rates to continue to rise over the next four quarters.
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Are you in the market for a new home? Don’t travel down the road of home buying alone, check out this list of 5 reasons you should hire a real estate professional to help you on your journey:
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