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Over the last few years, housing prices have boomed. The primary cause of this rapid increase was the balance between supply and demand. There was low supply but high demand; thus, prices rose to account for the new equilibrium. Homebuyers and sellers are wondering: will prices crash in the future?
In a world of increased inflation, competitive bidding wars, and high prices, mortgage pre-approval is more critical than ever. To stand out in a crowd of buyers and feel confident about your budget, this simple process needs to take place before you give an offer. A pre-approved loan or mortgage form gives sellers financial security and decisive information. Offering this slip of paper puts you one step closer to buying your dream house.
There’s a first time for everything! When a baby takes their first steps-talk about a milestone! The first time you get behind the wheel of a car and drive down the street-huge life moment! First kiss, first time falling in love, first time traveling out of the country – we could go on and on with a list of significant milestones. But what about the first time a person buys a home of their very own?
The COVID-19 pandemic caused many aspects of our lives to slow down. Countless people stopped commuting to the office and chose instead to work from home. Local shop owners shut down their businesses, and restaurants stopped providing dine-in services to their customers to help prevent the spread of the virus. But to the surprise of many, one thing that certainly did not slow down was the real estate market.
Buying or selling your home is a major decision. When choosing a real estate firm, it is important to not only choose one that has local offices, but one that is native to the area. The goal of a real estate agent is to facilitate the buying or selling of property, while protecting the interests and confidential information of the customer.
House hunting can be one of the most exciting times in your life, but it can also be one of the most challenging. Before you start your search, it’s important to ask yourself some questions such as: What type of house do I want? What are my must-haves versus nice-to-haves? Where do I want to move to? What is my maximum budget?
Have you thought about buying or selling your home in 2020?
The real estate industry came to a stand still in March due to the COVID-19 pandemic, and now is slowly recovering in parts of the United States . It is possible to buy or sell a home in the current market, but the process might look different as well as pose new guidelines and challenges.
When it comes to selling your home, there’s a common belief that the Spring and Summer seasons are the best time to sell. After all, it’s considered a time for renewal and an “Open House” can actually include open windows. But the belief that home buyers are only looking early in the year is exactly why listing your home later can be better for you. Let’s take a look at five reasons you should sell your home in Autumn and Winter.