by Thomas Scott | Jul 3, 2019 | Housing Market Updates
The housing crisis of the last decade was partially caused by unhealthy levels of mortgage debt. Homeowners were using their homes as ATMs by refinancing and swapping their equity for cash. When prices started to fall, many homeowners found themselves in a negative...
by Thomas Scott | Jul 2, 2019 | Buyer, Buying Myths, Housing Market Updates, Seller
When deciding to buy a home, people are presented with many different options. The type of home you buy depends on your needs, budget, and in many cases, the desired maintenance level. For many millennials, their choice has been buying a condominium!...
by Thomas Scott | Jul 1, 2019 | Housing Market Updates
Rising home prices coupled with a lack of inventory in today’s market may cause some homeowners to consider selling their home on their own (known in the industry as a For Sale By Owner). However, a FSBO might not be a good idea for the vast majority of...
by Thomas Scott | Jun 28, 2019 | Housing Market Updates
Some Highlights: Real estate has outranked stocks/mutual funds, gold, savings accounts/CDs, and bonds as the best long-term investment among Americans for the last 6 years.Stock owners are more positive about real estate than stocks as an investment.Of the 4...
by Thomas Scott | Jun 27, 2019 | Buyer, Seller
So you made an offer and it was accepted. Now, your next task is to have the home inspected prior to closing. Agents oftentimes make your offer contingent on a clean home inspection. This contingency allows you to renegotiate the price you paid for the home,...