Despite affordability issues and low inventory, 2016 had the best existing-home sales in a decade. At 5.45 million sales, existing-home sales haven't set a pace this fast since 2006, when sales reached 6.48 million; in comparison, sales in 2015 topped out at 5.25 million. According to Lawrence Yun, chief economist for the National Association of Realtors (NAR), "Solid job creation throughout 2016 and exceptionally low mortgage rates translated into a good year for the housing market."
Ten Kitchen Trends for 2017
Three Ways Homeowners Can Be Smart about Home Selling
What to Know About the Appraisal Process
The Basics of Making an Offer on a House
Two Reasons Most New Year's Resolutions Fail
Buyer Agents: Working for You Free of Charge
7 Reasons to Work With a REALTOR®
Why Is Location So Important in Real Estate?
How to Prepare to Buy a Home
Top 5 Reasons Residents Prefer Professionally Managed Properties
THE BENEFITS OF HIRING A PROPERTY MANAGER
Three Helpful Tips for Listing Your Home over the Holidays
ost people think that the year's end is a quiet period in the real estate calendar, so they hold off listing their homes until spring. But data released by Realtor.com ahead of last year's festive season revealed a significant surge in online property searches around Black Friday. And December 28th was one of the busiest days for real estate searches in the entire year. Listing your home ahead of the celebrations can pay dividends!
Five Problems Most Homeowner's Insurance Doesn't Cover
olicies for homeowner's insurance usually take several pages to explain the circumstances that are covered under the policy guidelines. Most homeowners don't bother to take the time to read through them, even when they attempt to submit a claim. Here is a look at some of the situations that most homeowner's insurance doesn't cover, unless you obtain a rider (i.e., add-on) policy that does.
Eight Tips for Being a Good Neighbor
ou've bought a house and you can't wait to move in. It's a perfect space for you and your family, and you're looking forward to beginning this new stage of your life. Well, there's one aspect of that new house and that new stage that you should consider—your neighbors. Here are eight ways to promote good neighborly relations:
First Apartment Essentials Every New Renter Needs
Colorado Ranks as #6 Best State for Homeowners Says Study
1031 Exchange Rules Every Real Estate Investor Should Know
Taxes rarely make for exciting reading material, but if you own an investment property, there’s at least one set of IRS regulations you absolutely will want to understand: 1031 exchange rules. Why? Because normally when you sell an investment property for more than what you paid for it, you’d have to pay a hefty capital gains tax.
