Homebuyer Compromises

First-time homebuyers are struggling to find affordable housing. Unlike recent years when inventory was high and finding a great home was easier, now buyers are faced with either postponing homeownership or making compromises. It may feel hard to compromise, but it’s important to remember that this is your first home, not your dream home.If you…

What Does a Pending Sale Mean?

Buying a home is a process. Once a buyer writes an offer and has it accepted, the listing is placed in a state called “pending sale.” During this stage, the principals involved perform all the elements of the contract, and once complete, the title is transferred to the new owner. Sounds simple, but this stage…

Hunting for a New Home? Don’t Wait Until Saturday!

House  hunting  has  become  a  contact  sport  over  the  past  year.  The  idealized  vision of  a  leisurely  Saturday  morning reviewing  open  houses  and plotting  the  day’s tours  over  lattes and  croissants is a  thing  of  the  past.  While  popping  into  the  local open  house  might be  fun for  the  casual  looker,  if  you are  serious …

10 New Real Estate Trends

Current  trends  in real  estate  include  a  mix  of  positive  and negative  developments. The market  has  been  heavily  affected  by  the Covid-19  pandemic  that  has  created a  new housing  environment  which is  expected to  alter  the  way  we  approach real estate  for  the  next  few years, and maybe  beyond.   Here are  the 10  key  emerging …

Homebuyers – Would You Buy That Home in a Buyer’s Market?

There’s  one  phrase  which strikes  fear  into  the  heart  of  a  potential  homebuyer  – “seller’s  market.”  A  seller’s  market  is  created  when  there are more homebuyers than inventory  from  which to  choose.  The  anxiety  this  causes  many  potential buyers  causes  them  to  write  offers  on anything  and everything, just  to  hedge  their bets  on having …

Buyers and Sellers – Stay Focused on Your Goal

Buying or selling a home can be stressful, even in normal times. Right now, when the housing market is moving at a frenetic pace, both buyers and sellers are making quick decisions and are feeling extreme pressure. As the tension rises, it can be easy to overlook the end goal; right-sized home, relocation, dream home,…

Are You Being Represented by a “Yes-Agent”?

We all know the type. The person who just says “yes” to anything, never challenging or questioning an opinion or strategy. These people-pleasers agree with anything suggested; while they may be nice friends, in real estate a yes-man or yes-woman can actually cost you money. Often a lot of money. No one likes to leave…

Fresh & Eclectic Design Trends for 2021

Recent interior design trends have focused on one primary era or design scheme. Mid-century modern furniture and accents have dominated the magazine covers and home shows as decorators have worked with their clients to bring this trend into their spaces. Yet, what to do about the beautiful antique chest from your grandma or the dining…

Understanding the Back-Up Offer

 “When can I consider my home sold?” This is one of the most common questions real estate agents are asked. While the laws vary in different states, generally the contract is binding once both parties sign the offer. At that time the closing process begins. This is also the time when sellers must stop considering…

Things to Consider before Buying a Home Together

It used to be that couples first got married, and then bought a home together. No more! Modern couples no longer consider marriage a prerequisite for buying a home together. Buying a property together can complicate either a breakup or a divorce if not considered upfront. No one likes to think about the end of…

Your “Starter Home” Might Last Longer than You Think

New homebuyers often tell their agents that they are looking for their “starter home.” Several factors go into this approach. These are typically younger buyers, often without children. They may be looking for a maintenance-free home, like a condo, or they might assume that starter homes are more budget-friendly. There are plenty of good reasons…

How Do You Know If You Can Afford To Buy a House?

Do you feel that you’re ready to buy your first home? Tired of paying your landlord’s mortgage? Do you want to put down roots and start building equity for yourself? There are many reasons why people decide it could be time to buy a home. The costs associated with buying and owning a home can…