How can you identify whether or not you’re really getting a good deal on a home, especially if you’re in the middle of a volatile market and prices are changing from one week to the next? Here are some ways to tell.
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California saw its highest year-over-year increase in home prices since January 2016, while inventory continues to be short across the state. Here are some key statistics on California home sales for November 2017, as gathered from the California Association of Realtors (CAR).
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Timeshares have been popular vacation options for many Americans over the years, allowing them to essentially “own” their vacation properties without outright buying real estate. But as beneficial as timeshares may be, they also come with a set of drawbacks that need to be carefully contemplated. Here are some pros and cons of owning a timeshare that should be taken into consideration before you buy.
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If you’re ready to take the plunge into homeownership and are on the prowl for a new home, a mortgage is likely required to finance your purchase. While there are plenty of factors that determine whether or not you’ll be able to get approved for a home loan and get a decent interest rate and terms, your credit score is among the most important.
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When it comes to small spaces, there’s only so much you can do to define separate areas and create a little privacy. Having all sorts of different rooms and living areas can be really challenging if your home’s size doesn’t allow for it.
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October saw a decent increase in sales across the country, the strongest since June. But the squeeze on inventory continues to put a damper on sales year-over-year. Here are the national sales for the month of October as compiled by the National Association of Realtors.
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In the months leading up to the housing crisis a decade ago, option ARM mortgages were pretty popular. That’s because they allowed homeowners to take advantage of flexible payment terms, allowing them to better manage their budgets and cash flow. Back then, mortgages were easier to get approved for, even if borrowers weren’t financially capable of handling them.
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One of the great things about owning a home is the tax breaks that typically come with it. The tax code allows homeowners to deduct a number of items come tax time, putting more money back in their pocket after dishing out to keep their properties operational.
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It’s a well-known fact that plants need the energy from sunlight to grow. But that doesn’t mean that all plants necessarily need to bask in the light at all hours of the day in order to survive and thrive. In fact, there are plenty of houseplants out there that do extremely well in low-light conditions, making them the perfect choice for darker areas in the house.
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When inflation rises, consumers notice. With a rise in inflation comes a rise in the price of goods and services. Every industry is impacted by an increase in inflation, including the real estate market.
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