The foreclosure crisis of 2008-2010 exposed a critical flaw in the mortgage lending system: lenders were issuing risky loans to borrowers who lacked the income to repay them. This practice led to widespread financial turmoil and devastating consequences for families...
Are you planning to move this spring? Now is the perfect time to familiarize yourself with the trends shaping today’s real estate market. Market Overview Real estate prices generally increase year over year, but the pace of growth fluctuates throughout the year....
You do not need an exclusive buyer’s agent to help you find houses for sale. There are countless websites that can show you what’s available. However, the real value of hiring a local real estate professional lies in their ability to provide expert insights and tips,...
Solar for Your House Adding a solar array to your home can be an excellent investment, providing energy savings and boosting property value. If you're considering buying a house with an existing solar system, expect to pay approximately $15,000 more than a similar...
When considering purchasing a condo, it’s essential to review the condominium rules thoroughly. These rules are legally binding and could significantly impact your living experience. Can a condo association forbid Christmas decorations? The short answer is yes!...
Winter house hunters have an advantage. While house hunting in spring or summer, it’s difficult to gauge how comfortable a home will be during colder nights. Winter conditions provide an excellent opportunity to assess a house’s insulation and identify...
Making a long-distance move can be exciting but comes with big decisions—like whether to buy a house or rent for a year. This choice depends on various factors unique to your situation. Here’s a helpful guide to get you started: Step 1: Understand Your Budget What can...
When house hunting, many people envision how they'll use their new home for years to come. For some, it's the perfect dining room for Thanksgiving dinners; for others, it's a spacious family room for game nights or a Super Bowl party. Here’s a guide to help you choose...
How Builders Shape Neighborhoods: A Guide to House Styles and Choices When builders decide what types of houses to construct, they consider not just current trends but also practical factors like the landscape, materials, and potential buyers’ preferences. Key...
Mortgages are like any other loan, except bigger. Getting a mortgage also comes with more up-front costs. What is a mortgage principal? The mortgage principal is the amount you are borrowing. How is mortgage interest calculated? Interest is the amount you pay for the...
There are several strategies a buyer can use that don’t cost money but can still lead to success in real estate. What defines a win? Securing a property in competition, without paying way more than the competition. Getting a property for less than the competing...
Moving to a new state or region can feel overwhelming, especially when it comes to settling into an unfamiliar community. Whether you've moved locally before or this is your first big relocation, there’s more to it than just packing boxes and changing addresses....