The winter holidays are ideal times for first-time buyers looking to purchase a home. There are fewer buyers competing for the homes, and the bidding wars are less frequent. Since most sellers prefer selling in the spring or summer, those selling their homes in the winter are typically more motivated to sell. Here are some […]
The winter real estate market is here. The holidays are upon us. There is cheer and joy everywhere! But for sellers, November and December can be the slowest months of the year to sell a home. If you are selling at this time, you want to do everything to attract a buyer. Here are some […]
The 30-year fixed-rate mortgage is now passing the 8% interest rate mark, the highest rate in 23 years.In less than two years, the average monthly mortgage payment on a $300,000 loan has increased over $1,100 per month. However, homeownership remains the primary cornerstone of building financial stability. And, with expectations of potentially lower rates by […]
House hacking is a great way to start investing in real estate by buying a multifamily and staying in one unit while renting the others. And here is some great news! Fannie Mae just released amazingly aggressive new guidelines for primary residences. Fannie Mae has reduced the down payment requirements on 2-unit properties from a […]
When hiring an investor-friendly real estate agent, it’s essential to ask the right questions. Purchasing investment properties is a distinct venture, and not all real estate agents are equipped to assist with it. To help you make an informed decision, here are 17 questions you should ask a potential investor-friendly real estate agent: 1. Are […]
The real estate market is still strong. But selling your home can be a daunting process. To achieve the best possible outcome and attract the right buyers, it’s essential to understand their concerns and avoid common mistakes that could deter them. Even in today’s hot real estate market, scaring away potential buyers can cost you […]
Here are the top trending features buyer are seeking in the next home. How does your home stack up? A Basement Refinish As prices of homes continue to increase, buyers are looking for the best use of all spaces. Basements are being refinished to create home theaters, game rooms, and exercise room. The search term […]
Real estate investing is a very profitable game. But, for most strategies, it is a long game. Therefore, small incremental increases can add up to big returns. Here are 13 easy ways to increase your return on investment. First Impressions Enhance curb appeal with simple aesthetic improvements to make a positive initial impression. Most people make up their mind […]
Stabilizing mortgage rates have been a key factor in Central Ohio continuing its consistent growth. The inventory numbers are improving, but high demand continues to outpace the supply. As a result, we hit a new high in the median sales price of $320,000. This surge represents a 6.1% growth, surpassing theprevious highest monthly median sales […]
Mortgage rates were back on the rise this week. For the average home buyer, the rate jump translates to an average monthly payment of $2,126, an increase of more than $280. With these rate increases, more and more buyers are looking into ARM’s (Adjustable-Rate Mortgages) to purchase their homes. Should You Consider an ARM? What […]
