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Space Crunch: Renters More Likely to Feel the Squeeze

By Posted on 1 min read 1056 views

When you’re looking for a new home, what’s the first decision you make? In all likelihood, it’s the number of bedrooms you’ll need. However, it’s becoming less commonplace for the number of rooms to match the number of residents–a statistic that Trulia mined from the U.S. Census 2014 5-year American Community Survey data. It wasn’t that long ago that bedroom-sharing was a common practice, especially in families with children and/or elders. …

7 Essential Home Fixes For Selling

By Posted on 2 min read 1834 views

As everyone knows, it’s a rare property that’s ready to sell as-is. Getting ready to sell involves a long and daunting to-do list that can seem impossible to tackle, especially for newer agents. With all of these tasks, it’s sometimes hard to know what to prioritize when getting a property market-ready. Fortunately, award-winning Broker Associate Cara Ameer has put together a comprehensive list of what sellers should focus on. Structural and …

Is the Housing Market Cooling Down?

By Posted on 2 min read 612 views

It’s true what they say: what goes up, must come down. In this case, at least, “down” just means a slight plateau. (Don’t worry–this isn’t 2007.) According to the Dow Jones S&P/Case-Shiller National Home Price Index released yesterday and an analysis from Ralph McLaughlin, Trulia’s chief economist, May 2016 marks 49 months in a row of positive home price gains. Thanks to double-digit appreciation from 2012-2014, homeowners have been successfully recouping …

First-Time Buyers Cause Spike in Existing-Home Sales

By Posted on 2 min read 647 views

Over the past few years, first-time homebuyers have been inundated with bad news, bad luck, and bad everything else. Finally, though, things have taken a turn for the good. The share of first-time buyers who purchased homes in June 2016 was the highest recorded in four years (since July 2012!), according to the latest National Association of Realtors’ Existing-Home Sales report. For the first half of the year, first-time buyers made …

11 Reasons “For Sale By Owner” Is a Bad Idea

By Posted on 1 min read 963 views

When homeowners try to take on the real estate market themselves, they might soon discover it’s not as easy as agents make it look! With little understanding of market values and reports, homeowners selling by themselves may wind up in a plethora of sticky situations, including scams, undervalued homes, complex and confusing paperwork, and potential litigation from buyers. These pitfalls can cost homeowners tens of thousands of dollars if they aren’t …