Follow These Steps to Prepare for the Spring Real Estate Market
With a rise in housing inventory from slower winter sales, we can expect more opportunities for eager buyers this spring. Mortgage rates are expected to settle below 6% and experience less volatility according to the National Association of Realtors senior economist...
A First Time Home Buyer’s Guide in Recession
The new year brings new predictions of an economic downturn in 2023. A survey of 30 economists by Bloomberg in December 2022 found there is a 70% likelihood of a recession in 2023. Predictions vary as to the severity and length of a recession if it happens at all....
What Is a Post-Settlement Occupancy Agreement?
A post-settlement occupancy agreement isn’t standard practice in most real estate sales, but it can be a beneficial option for both sellers and buyers, depending on the situation. It may be frustrating not to move into the home of your dreams right away, but with a...
What You Need to Know Before Finding a Buyer’s Agent
If you’re thinking about buying a house, chances are you’ll want to work through a real estate agent. Whether you’re first time homebuyers or seasoned home purchasing veterans, finding a buyer’s agent who is going to look out for you is always a challenge. Let’s cover...
7 Pros and Cons of Buying a Semi-Detached Home
When on the hunt for a home, you’ll have a lot of decisions to make – one of which will be what type of home to buy. Affordability is a significant factor in selecting the type of property you want to purchase, so a semi-detached home, depending on size and location,...
Buying your first property can be a financial challenge, so it’s important to consider all your options. A condominium can be a perfect entry point into property ownership before moving onto a single-family home. It’s often more affordable to pay a monthly mortgage...
Will I end up paying more for a house if I use an Exclusive Buyer’s Agent?
The question of, “will I end up paying more for a house if I use a buyer’s agent?”, is common among homebuyers both new and experienced. Many articles from Real Estate agencies will tell you that if you go with a buyer’s agent, you’ll end up paying more for your...
Does It Really Matter if I Buy My House With the Listing Agent?
It’s a practice that, since 1996, has been commonplace in real estate. You’re a buyer looking for a house. Maybe you’ve connected with an agent that has dropped you on their mailing list to keep you up to date with new listings that come on the market. Maybe one has...
There are signs of a recession. We have high costs for goods, interest rates have skyrocketed with no signs of stopping and the housing market has shown a slow in sales. Therefore it’s a recession, right? Well, not so fast. If there’s one thing I’ve learned in my...
Exclusive Buyer’s Agency Contract
The homebuying process involves many stages and many important documents to review. Among those documents is an item called an exclusive buyer’s agency contract or buyer’s agent contract. It may seem daunting to sign this document, but it helps guide a conversation...
What questions should a first time home buyer ask?
There are a lot of questions when buying your first home, but sometimes new home buyers don’t know what they should be asking. Here are the seven questions to ask as a first time home buyer. How Much Can I Afford? It may seem like an obvious question, but you’d be...
How Exclusive Buyer Agents Get Paid
In real estate, when selling a home or home buying, there’s often a misunderstood and confusing part of the buying process. Who pays for the buyer’s agent? How are real estate agents paid, and where do real estate agent commissions come from? Most real estate agents...