After the wild party in real estate during the latter part of 2020 and throughout 2021, the housing market has certainly had to deal with a hangover effect through all of 2022 and likely 2023. Overall U.S. home purchases fell 40.8% year-to-year in Q4 2022. As for real estate investors, home purchases fell a record… Continue reading Investing In Real Estate Has Decreased
Category: Home Buying
What Is A Bedroom?
What constitutes a bedroom? This may seem like a rhetorical question, but actually it can be quite controversial in real estate. When marketing any property for sale, it is critical that you do not mislead the public through false advertising practices. When analyzing recent housing trends, we have seen the need for additional bedrooms increase… Continue reading What Is A Bedroom?
Millennial Home Buying Trends
According to the Pew Research Center, millennials are defined as people born between 1981 and 1996. In fact, this growing demographic outnumbered the baby boomers (born between 1946 – 1964) for the first time in 2019. While some of you may know millennials as “Generation Y”, you may not realize that they are also the… Continue reading Millennial Home Buying Trends
Top State To Move To
Another year, another record set for The Sunshine State. This time, it was the fastest growing state in the U.S. in 2022. (This marks the first time this has happened for Florida since 1957.) Perhaps this comes as no surprise, but many of these transplants are coming from New York. Although the migration from New… Continue reading Top State To Move To
Is It A Good Or Bad Time To Buy Or Sell A House?
“Is now a good time to buy a house?” Or “Is now a good time to sell a house?” These are common questions that we receive throughout the year. Of course, the answer to these questions may vary not only by the location that you are in but also the time of year. Of course,… Continue reading Is It A Good Or Bad Time To Buy Or Sell A House?
Home Seller Concessions Are On The Rise
Are you looking to buy a home right now? If so, it is quite possible that you will have more room to negotiate as compared to the past few years. In fact, the percent of sellers who agreed to a buyer negotiation demand rose 11 points year-to-year to 41.9% in the 4th quarter of 2022.… Continue reading Home Seller Concessions Are On The Rise
Radon Gas In Homes
Did you know? January is National Radon Action Month. (Don’t feel bad. We didn’t know either.) National Radon Action Month is a month designated by the Environmental Protection Agency (EPA) to take action against radon. In short, radon exposure is a preventable health risk which makes its awareness even more important. In fact, The Center… Continue reading Radon Gas In Homes
Essential Information To Include In A Real Estate Contract
If you are a home buyer in the market to purchase real estate, it is critical to be informed on what to include in a real estate purchase contract. Of course, hopefully you are working with a knowledgeable real estate agent that can guide you while explaining the essential provisions of a purchase contract. As… Continue reading Essential Information To Include In A Real Estate Contract
Key Things Needed When Buying A Home
It’s a new year and perhaps this means shopping for a new home? If so, it is important to have a thorough plan in place along with a few key things. Whether you are a first-time home buyer or a seasoned real estate investor, being properly prepared can not be overstated. Below we share some… Continue reading Key Things Needed When Buying A Home
Home Trends For The New Year
Looking back at 2022 for real estate, it is safe to say it has been somewhat of a roller coaster. During the first month of the year, we continued to see a lot of the same real estate market that we had seen the year prior: rising prices, bidding wars, limited inventory, & low mortgage… Continue reading Home Trends For The New Year