Three BIG Reasons You Need an Agent for New Construction

If you are getting ready to start house hunting, the allure of new construction is undeniably attractive.  You get to be the very first ones to live in the home, it’s full of brand-new appliances, and all the finishes and treatments are hand-picked to your liking.  Also, no need to worry about structural or cosmeticContinue reading “Three BIG Reasons You Need an Agent for New Construction”

Think it’s a buyer’s market? Don’t be that buyer.

It’s true that we are not in the peak of the market boom we were in the past couple of years.  But that doesn’t mean buyers suddenly hold all the power like some seem to think.  In fact, there are still a lot of markets (like Philly, for example) where the market is still hotContinue reading “Think it’s a buyer’s market? Don’t be that buyer.”

Florida: Its Own Real Estate Beast

Florida is notably an attractive destination for tourists and home buyers alike.  Largely because of its sunny weather and year-round warmth, Florida brings in a lot of people from colder climates.  It is a top place to visit, relocate to, or retire to.  But buying a home in Florida can come with some added requirementsContinue reading “Florida: Its Own Real Estate Beast”

Buying a short-sale property? Read this first..

Everyone seems to have an opinion when it comes to short sales – they’re too good to be true, they’re a nightmare, they’re a great deal, don’t even bother…. No matter what you’ve heard, the bottom line is this: buying a short sale home is a complicated process. A short sale is a sale forContinue reading “Buying a short-sale property? Read this first..”

Appraisers: Demystified

Some have compared appraisals to a report card for your house.  Banks and lenders want to make sure that lending you money is a good investment for them and ensure the home is what it seems.  On the other hand, sellers are interested in appraisals because they ultimately impact the asking price. The process ofContinue reading “Appraisers: Demystified”

Could empty office buildings bring down home prices?

What if I told you that some of the country’s most desirable real estate locations are currently sitting mostly un-utilized? What if I also told you that these places could be a key to opening up more opportunities for homebuyers, senior citizens, etc. More opportunities means more housing.  More housing means more supply. More supplyContinue reading “Could empty office buildings bring down home prices?”

Does Pre-Qualification Mean I’m Approved?

When it comes to mortgages, pre-qualification and pre-approval may seem interchangeable, but they actually mean different things and hold different weight when it comes to submitting an offer on your dream home. Mortgage pre-qualification helps lenders to understand how much you can borrow by asking you a few questions about your finances.  For example, theyContinue reading “Does Pre-Qualification Mean I’m Approved?”

The risks of zero-down loans in this market: Is this 2008 all over again?

It’s baaaaaaaaaaack…. With Bank of America recently announcing their loan option for lower-income households that requires no down payment, no closing costs, and doesn’t base the loan on a minimum FICO score, you might be wondering if this is 2008 all over again.  Can we really be repeating these kinds of loans and promoting homeownershipContinue reading “The risks of zero-down loans in this market: Is this 2008 all over again?”

Dead lawn from the heat and drought? Think clover.

Having a clover lawn instead of a traditional grass lawn has been all the rage on social media lately.  In fact, #cloverlawn has more than 65 million views on TikTok alone.  A well-manicured grass lawn is a very traditional vision in the minds of Americans.  These are the same people who spend hundreds of dollarsContinue reading “Dead lawn from the heat and drought? Think clover.”

AirBnb: Why Feeding this Beast is Probably Not a Good Idea in the Long Run

The short-term rental industry has been repeatedly accused of driving housing prices up by contributing to the housing shortage both in the U.S. and abroad.  Some of the top travel destinations like Amsterdam, London, New York and Los Angeles gets the brunt of much of the criticism for the sheer size of their operations.  InContinue reading “AirBnb: Why Feeding this Beast is Probably Not a Good Idea in the Long Run”