Lets Talk Real Estate! "MORTGAGE RATES AND HOME PRICES" Because interest rates have been relatively low in recent years, buyers have been able to afford more expensive homes than they would otherwise be able to buy. This inverse relationship between mortgage rates and home prices has generally worked to the advantage of sellers, who have [...]
Lets Talk Real Estate! "BUILDING CONFIDENCE" Even when buying a new home from a builder, it pays to work with a real estate broker in order to protect your interests. To begin with, buyers should be sure that any earnest-money deposit they make be put into an interest-bearing escrow account held by a third party, [...]
Lets Talk Real Estate! "BEFORE YOU SELL" Sellers should consider the notion that they will likely be able to sell their homes above list price if they tackle home-renovation projects themselves rather than trying to pass them on to buyers. Sellers who adopt this strategy are about 50% more likely to modify the homes floor [...]
Lets Talk Real Estate! "CATCH PHRASES" Sellers should note that, by describing certain features of their homes in terms that are readily recongizable to prospective buyers, they may be able to sell their homes more quickly and for more money. For instance, according to a review of a national online database of all homes listed [...]
