New Construction vs. Existing Home: Which One is For You?
A new construction home is a property that is under construction or recently completed, and it’s waiting for its very first owner. If you purchase a new construction property, you’ll be the first person to live there, and that comes with some pros and cons.An existing home is a home that the previou
Smart Home Technologies That Increase Home Value
What is smart home technology?Smart technology refers to electronic devices that have smart capabilities including networking, communication, interactivity, and in some cases, AI and machine learning integrations. Smart home technology is a set of these devices that are designed specifically for hom
Rent or Buy? Here’s How to Decide
Buying a home is a major milestone and life goal for many people. The common sentiment is that rent is throwing money down the drain, while buying a home is an investment that builds equity—but the truth is more complex.Personal finances, lifestyle, goals, location, and the economy all play a role i
Top 10 Real Estate Terms Sellers Should Know
Real estate terminology can be confusing—but it doesn’t have to be. If you’re selling your home soon, here are the top ten terms you should know to feel confident during the process. 1. Buyer’s agent vs. listing agentLet’s start with an easy one! Typically, buyers and sellers have different real est
How to Navigate the Housing Affordability Crisis
Housing affordability is a huge problem for many people, and it can’t be solved with a quick tip or a magic-bullet answer.According to Redfin research, just 21% of listed homes in the U.S. are affordable for the average household—“affordable” meaning that the monthly mortgage payment would consume 3
Ask These 8 Questions Before Hiring a Real Estate Agent
Hiring a real estate agent is a smart move for anyone buying or selling a home—but especially when market conditions are challenging. Real estate agents have the necessary experience and expert knowledge of negotiation, complex real estate processes, and the local area where you’re doing business. T
10 Tips on Buying Your First Investment Property
Not sure how to get started buying your first investment property? Check out the 10 tips below. Tip #1: Make sure you want to be a landlord.Owning a rental property means becoming a landlord, and that comes with a variety of benefits. You’ll have a steady, passive income stream and more flexibility
May Is the Best Month to Sell a Home.
2020 through 2022 were exceptional years for the housing market. Demand was so high, and inventory was so low, that seasonality didn’t play as large a role as it normally does.We’re still experiencing some of those conditions—but higher mortgage rates and other factors have brought some normalcy bac
First-Time Homebuyer? Do This, Not That.
Buying a home for the first time? Use this list of dos and don’ts as your guide. Don’t: Rush.Your first home purchase is an exciting moment, but it’s important to not rush any part of the process. Taking your time has numerous benefits and can prevent costly mistakes. Shopping around for lenders ins