Buy low, sell high is a much-repeated investment strategy. Buyers who purchased during the 2010-2012 financial crisis are about to see some considerable profits. America’s current median home price is now $295,300 which is up from $155,600 in February 2012. The results are close to an 8 percent annual increase. Homeowners have earned median equity […]
In this year of Jumanji Level 11, we have been hit with not only a pandemic but several orders to shelter in place and stay at home. Depending on how many people are in your family, your home now operates as a home office, a gym, a virtual classroom and your kitchen has prepared more […]
As a seller, you can put a price on your home for sale, but the value of your home is ultimately determined by the person who buys your home. Some conditions would make a buyer pay over the market price for your home, they include location, the elevation of the home, or proximity to something […]
Baby Boomers and retirees aged 65 and over equate to approximately 52 million or 16 percent of Americans. Some of these people will be thinking about downsizing because they just don’t need or want the same space they needed in the past. Divesting yourself of “things” you have accumulated over the years and don’t need […]
The age of the internet is here and it has empowered people looking to buy including people looking to buy homes. If you know how to type text into a search engine then you know how to search for public information about home size, condition, sales history, current inventory, recent sales, photographs, videos, school info, […]
Real estate professionals all know that the longer a home is for sale, the higher the chance will be that the price will drop. Sellers tend to think their home is wonderful and will sell quick. If you have a good location, and your home is in good repair then the only other factor is […]
The IRS makes a special consideration for the sale of jointly-owned main home after the passing of a spouse. The surviving spouse can qualify to exclude up to $500,000 of capital gains if specific requirements (listed below) are met compared to only $250,000 exclusion for single people. Selling the home needs to happen within two […]
A popular tool for homeowners looking at their home’s value these days is the AVM or Automated Valuation Model. A computer analyzes public records to provide you a value based on square footage, comparable sales around your home and a few limited factors that you can edit. Just go to their website, enter your address […]
Home search sites all across the web are now offering you some type of home valuation. Zillow® allows you to claim your home using your address, plug in some extra data and then presents you with a value. It’s quick, it is pretty easy, but does it really represent an accurate value of your home? […]
Selling a home is a serious and major undertaking in your life. So shouldn’t your Realtor® be just as serious about representing you? If you are new to this process or just haven’t sold a home in a while, the answers you get to the questions below can show you revelations about your Realtors’ experience […]
