Learn how to navigate hurdles related to financing, finding and negotiating a home purchase for the first time. Buying a home, like anything you do for the first time, comes with a learning curve. And yet many first-time home buyers hesitate to ask questions that can help them avoid first-time homebuyer mistakes that often lead […]
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Closing Costs Explained: What Are Closing Costs and How Much Are They?
Budgeting for a home purchase is more than just accounting for your down payment. As a buyer, you’ll also be responsible for a range of fees that cover services and ensure a smooth transaction. Some fees are related to the property itself, while others are required to close and fund your loan. Note, that if […]
When It Might Make Sense to Buy Down Your Interest Rate
Paying a fee to lower your interest rate could make sense if you plan to stay in your home for a long time or want lower payments in the beginning. Home buyers looking for ways to bring down their monthly mortgage costs have embraced mortgage rate buydowns and discount points in recent years, strategies that […]
3 Things You Need To Know About the Fall Selling Season
Price cuts have hit a five-year high as the market shifts into a balanced territory. But that’s just part of the picture. As summer comes to an end, the national housing market that has favored sellers for the past few years has moved into “neutral” territory as fall approaches, putting buyers and sellers on equal […]
30 Metros Where The Largest Share of Sellers Are Cutting Prices
Could this be the moment for sidelined buyers? As the real estate market moves into what has traditionally been the slowest time of year for sales, buyers across the country are continuing to see price cuts and lower interest rates that could make homes more affordable than they’ve been in months. “A growing segment of […]
Why Early Fall Could Be the Next Housing Market ‘Sweet Spot’
Buyers could find more homes for sale, price cuts and lower mortgage interest rates this Fall. If you’ve come up empty-handed after home shopping all spring and summer, you might want to keep your eyes peeled over the next few weeks. The market nationally has finally turned into neutral territory, putting buyers and sellers on equal […]
Top 10 Metros Where You Could Get the Most Home for Your Money
Understanding the benefits and limitations of a home’s price per square foot can signal whether you’re getting a deal or paying too much. One way to get a quick idea of a home’s value is to look at the cost per square foot. When you’re shopping for a home, price per square foot can give […]
What Is an ADU? What to Know Before Building This Popular Living Space on Your Property
From how to pay for it, to zoning considerations, consider this your starting guide to your biggest questions on ADUs (accessory dwelling units). Accessory dwelling units or ADUs — those separate living units tucked inside a single family home or sharing land with one — are having a rock star moment. Scores of cities and […]
The Buyer Agreement: What You Need to Know
A buyer’s agreement clearly defines how you’ll work with an agent. If you’re thinking of buying a new home, chances are you’re planning to find an agent (known as a buyer’s agent). According to Zillow Research, about 88% of home buyers use an agent to help them find, negotiate for, and win their home. Buyer’s agents provide expert guidance […]
Agents Share Their 21 Best Tips for Buying a House
When it comes to advice about buying a home, agents have first-hand knowledge. Four partner agents share their advice on staying on budget in a challenging housing market. If you’re thinking of buying a home, you’ve probably already done some research and talked to family and friends who made their own purchases. While those nuggets of wisdom […]