Consider this scenario. You have lived in an older home for decades. While you made renovations here and there, even those are in need of updating. To complicate matters, neighborhood homes are being razed by new buyers -- many are real estate investors -- who erect new houses in their place.
As crazy a year as it's been, many are deciding to leave city life behind and head for the surrounding suburbs in hopes of finding the perfect life.
According to the National Association of Realtors, total housing inventory at the end of June 2020 was down 18.2% from a year ago. Homes are being placed on the market for sale and frequently receiving multiple offers resulting in bidding wars.
Planning to sell your home? Be sure to prepare for some paperwork as disclosures will be involved. Some required and some not, based on the state in which you reside.
Understanding how professionals calculate square footage assists prospective buyers in determining how -- and whether -- this number will impact home value.
Selling the family home in favor of a smaller, simpler dwelling can be motivated by several factors. The most well known is, of course, "empty nest" syndrome.
As any home owner can attest, it is impossible to get a mortgage without evidence that the property is properly insured. In most cases, this means a homeowner's policy is in place in case of fire or storm damage.
Hiring a Realtor comes in many flavors. Whether it be a family member or friend, a personal reference, an agent matching site (e.g. UpNest or Homelight) or other method, it isn't always a guarantee that it will be a perfect match.
Whether for work, school or change of scenery, people of the United States are a transient lot. According to U.S. census data approximately 31,000,000 people moved this past year; 3,000,000 of them across state borders.