Mortgage Rates Are on the Move
Many players are involved with a home purchase or refinance. The realtor, of course, comes first to mind followed closely by a home inspector, an appraiser, an attorney, a title agent and a county clerk.
Many players are involved with a home purchase or refinance. The realtor, of course, comes first to mind followed closely by a home inspector, an appraiser, an attorney, a title agent and a county clerk.
Purchasing the first house is a watershed moment in the lives of young couples and individuals. Representing the promise of a happy future, the first home has a way of eclipsing all of the expense and headaches that come with ownership.
The Realtor.com annual housing market forecast, published December 22, 2021, predicts "national rent growth of 7.1% for 2022." Home buyers cannot find homes to purchase because of the historic supply deficit of homes available for sale.
Rental prices are going up just as home values are. Potential tenants are flocking to new rental listings and are fighting for the opportunity to be approved. This is a prime opportunity for landlords to find solid tenants for their rental properties.
In Part 2 of our series on optimizing your rental property, we'll take a look at finding the best local agent for your circumstances. Investors are purchasing rental properties to add to their investment portfolios because interest rates are so low, and money is so cheap to borrow.
Just as home values and prices are increasing across the country, we are also seeing a huge jump in rent prices. The rental market is more competitive than ever right now and over the next couple of days we'll share information on the market and how to manage your rental efficiently.
Historically, the real estate market slows down over the winter months and prices level off or sometimes go down. This is not the case this year. The 2021 real estate market was a record-breaking year.
Even though it's the middle of winter, it is not too early to start thinking about spring. Get creative on those long, cold nights and start planning and improvement plan for your landscaping.
Step outside and take a look at the exterior of your home. Take notes on what you see that may need attention. Updating and maintaining the exterior of your home on an annual basis can help preserve the life of every aspect of your exterior.