Capital Economics expects the housing crisis to end this year, according to a report released Tuesday. One of the reasons: loosening credit. The analytics firm notes the average credit score required to attain a mortgage loan is 700. While this is higher than scores required prior to the crisis, it is constant with requirements one [...]
Real estate agents use comparable sales or “comps” (properties recently sold in the area) to see what the market bears for a listing price or value range marketing. But what makes a home a good comp? A few things must line up in order for the agent to utilize the comp to justify your listing [...]
The long-awaited housing recovery is beginning to blossom, according to industry experts taking a look at recent existing-home sales. While admitting home sales “are still very low,” Paul Dales, chief economist at Capital Economics, says “it is clear that housing recovery is now well underway.” The evidence: home sales have been on the rise for [...]
January 19, 2012 — Realty Times Feature Article by Carla Hill It may be cold outside, but it’s no time hibernate when it comes to home maintenance. Have you ever wondered how some friends or neighbors live in older homes that are still in good working order? This isn’t just a lucky coincidence. Houses require [...]
January 6, 2012 — Realty Times Feature Article by Phoebe Chongchua Whether you are moving into a new home, getting ready to sell yours or a vacant home, keeping energy costs down is desirable to both buyers and sellers. Even though there are many energy-efficient options these days, there are a growing number of energy-suckers. [...]
January 5, 2012 — Realty Times Feature Article by Carla Hill Have you noticed how brown it is out there? Winter can be a very depressing time. The bloom has left gardens and yards and we can only wait for Spring. How can you make your home appealing even during this dull and dreary season? [...]
January 3, 2012 — Realty Times Feature Article When it comes to remodeling, exterior replacement projects have routinely rewarded home owners with more bang for their buck. This year is no different: REALTORS® recently rated many exterior improvements as among the most valuable home investment projects as part of the 2011-12 Remodeling Cost vs. Value [...]
January 3, 2012 — Realty Times Feature Article by Bob Hunt One of the most useful research projects of the National Association of Realtors® (NAR) is the annual survey of homebuyers and sellers. The most recent version ( Profile of Home Buyers and Sellers 2011), became available in November of 2011. The information is based [...]
If your retirement dreams of blue skies and orange sunsets exploded along with the housing market, start dreaming again – but this time, turn your visions into a reality. Price slumps in the real estate market don’t mean that you need to put off selling your home and retiring to a more leisurely lifestyle. In [...]
The kids are raised and on their own, you’ve made the decision to retire and the big home you’ve owned for years no longer suits your new lifestyle. What’s the best way to sell it so you can ride off happily inot the sunset? Consider staging. “There’s a big difference between decorating and staging,” Suzanne [...]
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