Whether you are being transferred or have just decided it is time for a change, moving to a new and unfamiliar area can be a bit scary. You will need to find a very knowledgeable and experienced local Realtor in the area to help you find a place to live that meets your wants and needs.
Now that the real estate market is transitioning with softening sales and rising interest rates, it is important to be in the know as a home buyer. Here's how to prepare yourself for the ride:
In the world of real estate, kitchens are one of the top considerations for buyers in a home. Up to date, upgraded, well-functioning kitchens add home value. If your kitchen is in need of some updates and upgrades, consider ones that you will not only love, but that will make your life easier.
The real estate market is starting to change. We are experiencing a shift from the sizzling hot seller's market we have had the past couple of years to a more balanced market.
Bugs and critters are all around outside. They are attracted to certain plants, flowers, food and water around the exteriors of our homes. If you live by a body of water, field, forest, nature preserve or new construction, they can be abundant.
Depending on the direction your house faces, chances are you may have some unwanted sun where you'd rather have shade.
After Labor Day we get excited about the sights and scents of fall. People go apple picking, to pumpkin farms and corn mazes. Others seek out their favorite pumpkin spice lattes, warm apple cider and caramel apples. This transition, from summer to fall, also happens in the world of real estate.
For the past couple years, homes have been selling fast and home values have been increasing at record-breaking rates. The inventory of listed homes on the market has been historically low. This is starting to change, however.
Rental prices have been increasing just as home values have increased. It is predicted that the real estate market is going to start balancing or correcting. In fact, in some markets it is already taking place. This will, most likely, affect rental prices as well.