Real Estate Archives

Real estate agents can be a big help in selling your home, but they can also take a good chunk of your sale price, too. That begs the question – can you – and should you – sell your house on your own? The answer is yes, but you really need to have your ducks in a row. Read more»
The troubled housing market isn’t just hurting homeowners who want to sell, it’s torpedoing incomes for builders and remodelers as well. As a result, contractors have cut bids by 20% in many parts of the country, according to a survey by The Wall Street Journal, which adds that many contractors are willing to take on small or otherwise unappealing jobs they’d have turned down a few years ago. Read more»
It’s a tough decision in today’s market: continue renting or to make the leap and buy a home? Home prices have fallen by 20% to 30% in many markets, making homes look like bargains compared to a few years ago. But what if you were to buy now only to see prices drop further? Read more»
The vacancy rate for rental apartments in the U.S. is now 7.8% — the highest vacancy rate in 23 years — and climbing, says The Wall Street Journal. That’s bad news for homeowners. Why? Read more»
How to Save Money on a Move
By: Brian O'Connell
n the list of things Americans don’t want to do — moving to a new home is high up, right between having a root canal and handling David Letterman’s Match.com page. According to FAS Relocation Network, the cost of moving your valuables from Allentown, Pa., to Arlington Heights, Ill., (assuming a 3-bedroom home with 1,800 square feet) can go as high as $9,300. Read more»
What’s the best time to buy a home? Your real estate agent probably has a ready answer: now. It’s the same answer you’d have heard a year ago, two years ago or five years ago. It’s the same answer you’ll get a year from now. Because the agent gets paid only when a home sale closes, there’s little incentive to discourage anyone from buying at any time, regardless of market conditions. Read more»
Bad news for landlords, good news for tenants: Apartment vacancies have reached a 23-year high, driving rents down. If you’ve debated renting versus buying a home, it might make sense to revisit the calculations, with special attention to the prospective renter’s stronger negotiating position. Read more»
Many homeowners have logged onto Web sites like Zillow.com, Trulia.com or RealEstate.com to find out how much their home is worth. But in doing so, are homeowners wasting their time? Read more»
To keep the mortgage market primed and pumping, Congress has laid out a few scenarios where the $8,000 new homebuyer tax credit will be extended. What will that mean to homebuyers, the U.S. housing market and the economy? Let’s take a look. Read more»
Home prices are starting to perk up in much of the country. It’s still a buyers’ market, but opportunities for sellers are undoubtedly better than they were a few months ago. So, what can sellers do to make their homes more marketable? Read more»
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