Sometimes it’s difficult to find the perfect house in the perfect location at the right price, such as in a low inventory market such as the one we are experiencing now. In these cases you may be interested in exploring the option of building a new home. But how much does it cost to build a […]
Category Archives: For Buyers
Renting vs. Buying
Many renters feel buying a home is an impossible dream. But consider this: A landlord expects to make a profit after paying the mortgage, taxes, insurance, repairs and other expenses. The landlord’s only income for the rental property is the rent paid by the tenants. As time goes on, and the value of the property […]
One Way to Reduce the Impact of Higher Mortgage Rates
You should be especially interested in this tactic if you don’t plan to live in the home for more than 5-10 years, or if you’re looking to purchase using an FHA loan with less than 20 percent down.. Mortgage rates have risen by over two percentage points since the start of the year. The average 30-year […]
The Impact of High Mortgage Rates on Buying Power
The spring housing market is in full swing, and demand remains strong. While it has never been easier or more profitable to sell a home, buyers are less optimistic. For months now, homebuyers have been challenged by the scarcity of available homes, the bidding wars that ensue, and the possibility of being priced out of […]
Home Prices Set Records Ahead of Spring Buying
Spring may have sprung early in the housing market. The U.S. median list price set a record high of $392,000 in February, according to Realtor.com®’s Monthly Housing Trends Report. Many markets continued to post double-digit annual price gains, led by Las Vegas, Miami, and Tampa, Fla., with annual increases of at least 31% each (home […]
Columbus a Great Place to Live and Buy a Home
Thinking about moving to Ohio? Consider the great city of Columbus! If you are looking at relocation to Columbus, Ohio, keep reading to learn what all the buzz is about. Columbus is forecasted to be the 5th hottest housing market in 2022. Central Ohio asking prices and transaction volumes are predicted to be double the national average, […]
Home Buyers Should Have an Auction Mindset in 2022
For generations, the process of buying and selling a home never really changed. A homeowner would try to estimate the market value of their house, then tack on a little extra to give themselves some negotiating room. That figure would become the listing price. Buyers would then try to determine how much less than the full […]
10 Home Trends Stealing the Spotlight in 2022
Home design trends that are expected to loom large in 2022 are an evolution of what started during the pandemic when life was disrupted and more homeowners started reevaluating their surroundings. Cases in point: the rise of home offices and outdoor living spaces. Other hot trends started years earlier, professional grade appliances, Smart Home features, […]
What to Expect When Shifting to a Buyer’s Market
2021 marks the tenth straight year that central Ohio home prices have climbed above the traditional norm of 4% per year. Will 2021 be the year that the housing market correction, and is a crash ahead? Given the low unemployment, wage growth and low interest rates, most economists today don’t foresee a recession in the […]
Why Buyers Should Hire a Realtor
The purchase of a home is one of the most complex, high-risk, and expensive transactions most people will ever participate in. If you are considering purchasing a home here are ten key reasons why you should hire a Realtor: 1. The Service Is Free. BUYERS DO NOT PAY REALTOR COMMISSIONS. If you are a buyer there is […]