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Seasonal trends have an impact on home selling and buying success. Whether you’re receiving a real estate deed for the first time, or conveying your deed to a new buyer, having a sense of the market is helpful for planning.
The housing market stalled in 2023. Can this new Spring season reactivate it? Anything can happen. But one thing is already clear. Home buyers are back. And sellers are there to meet them.
Continue reading “Ready, Set…Here Comes a Real Spring Home Buying Rush”
It’s a steadily growing trend in real estate: the demand for pet-friendly homes. It impacts the way we create, furnish, and market homes.
Let’s explore how this phenomenon is evolving. Then we’ll look at what matters most from the perspective of a buyer, a seller, or a real estate agent.
Continue reading “How Today’s Demand for Pet-Friendly Homes Impacts Buyers, Sellers, and Agents”
Got a government-backed mortgage with an assumable loan? If you decide to sell, a buyer might jump at the chance to get, say, a 3% interest rate instead of something between 6% and 7%.
An assumable loan lets the mortgage stay on the home, even though you transfer the home’s deed to a new owner. So, you can transfer your existing mortgage along with your home’s title. Lucky buyer!
If you’re selling a home, you might point to a possible mortgage assumption among the features you advertise in your listing. And if you’re looking to buy, it could be worth the effort to seek out a home with an assumable loan in 2023 and beyond.
Continue reading ““Assume” Makes a Great Deal for You and Me, Right? What to Know About Your Assumable Mortgage”