Congratulations on closing your home – that's a huge accomplishment. Now comes the exciting (and sometimes overwhelming) part of moving in and making it your own. But before you dive into unpacking boxes, take a beat to check off these essential tasks to ensure a smooth transition into your new life as a homeowner. 1. Secure Your Documents and Celebrate! First things first, find a safe place to store...
Many would-be homebuyers still face obstacles due to years of skyrocketing home prices and dramatically higher mortgage rates. However, new data indicates they are regaining some negotiating power as the housing market slows. For the first time in years, buyers can negotiate conditions to their advantage. This demonstrates how significantly the market has shifted recently and the influence that...
Are you wondering if you should continue renting or buying a home this year? If so, consider this. Rental affordability is still a challenge and has been for years. Data from the Census shows rents have been climbing pretty steadily since 1988. That’s because, historically, rents trend up over time. And data from the latest rental report from Realtor.com shows rents continue to grow today. Even though...
We're still in a sellers' market. And if you're looking to buy a home, you're likely facing some unique challenges, like difficulty finding a home and volatile mortgage rates. But keep in mind; there are some benefits to being a buyer in today's market that give you good reason to stick with your search. Here are a few of them. Long-Term Benefits Outweigh Short-Term Challenges Owning a home grows your...