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What to Expect From the Housing Market in Summer 2021

Details: Kim Reidy, director of relocation and senior broker for Seattle Rental Group, the rental arm of brokerage Pointe3 Real Estate, says landlords in the Seattle area are reporting that they receive between 50 and 100 emails from interested renters within 24 hours of listing a single-family house for rent …

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25 Cheapest Places to Live in the U.S. in 2021-2022

Details: Average Rent < $500 - $2,100+ Median Home Price < $20,000 - $1,020,000+ Commute Time < 20 minutes 20 - 30 minutes 30+ minutes. Buying or selling a home? We analyze millions of real estate transactions to compare agents near you. Find A Top Agent. View All 29 Photos .

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8 Red Flags to Help You Spot a Rental Scam Real Estate

Details: If the rental listing's photos sport a watermark – which is used to identify the owner of the photo – proceed with caution. Scammers sometimes illegally pull photos from the local multiple listing service, where properties are listed for sale by real estate professionals. When a photo appears with an MLS watermark, the person who posted the rental doesn't have the original photo because he

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Do You Want a Real Estate Website to Buy Your House

Details: In April, real estate information company Zillow announced it would begin testing the direct purchase and sale of homes. The move is a new feature of Zillow’s Instant Offers program, which helps connect homeowners with real estate investors willing to purchase their property with cash and skip the process of preparing a home for the market and listing with an agent.

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15 Secrets to Selling Your Home Faster Real Estate US News

Details: According to real estate information company Zillow, the best time to list a home for sale is on a Saturday between May 1 and May 15; homes listed during those times sell six days faster and for $1,600 more than the average listing. But how fast your home actually sells, and at what price, depends on factors beyond timing. Here are 15 secrets

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Denver Real Estate Housing Market Forecasts & Trends 2020

Details: The median sale price in Denver peaked in 2018, but it's positioned to be higher in 2020 than it was in 2019, based on the current year-to-date statistics. The median home price in the city of Denver is $447,500 as of July 2020. It was $428,000 at the same time last year.

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The 10 Best House Hunting Apps in 2021 Real Estate US News

Details: This is the most downloaded real estate app for both Apple and Android phones, and it includes Zillow's signature map and home value estimate tools. Zillow reported an average of more than 201 million unique monthly visitors for the fourth quarter of 2020, and its app is a popular method for users to explore the platform, which has more than 135 million homes in its database.

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7 Online Tools to Help You Estimate Your Home’s Value

Details: Not all the online tools had the same data for the same home. (Getty Images) A recently renovated three-bedroom, three-bath home in a trendy historic urban neighborhood in Miami where homes vary considerably in size, age and condition: U.S. News: $383,438 to $502,145. Zillow: $302,621. Redfin: $435,802.

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The Guide to Making and Accepting an Offer on a Home

Details: Calculate the bottom line for the deal. If buyer offers $500,000 for your house but asks you to cover all closing costs, you’d likely take home $5,000 to $25,000 less than $500,000, and that's not accounting for the real estate agent commission, which could be $30,000.

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The Future of Housing in the Biden Administration Real

Details: A major factor in making it easier to become a homeowner, of course, is the supply of available homes. Many parts of the U.S. – particularly suburban markets – are experiencing a seller's market, where there are fewer houses for sale than the number of active buyers. This means that home prices are frequently driven up, and first-time

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Why You Should (and Shouldn't) Sell Your Home in 2021

Details: The average interest rate as of Dec. 10 was a record low of 2.71% for a 30-year, fixed-rate mortgage, according to Freddie Mac. This isn’t the first time since the start of the pandemic that mortgage rates have set a record – the first time was on March 5, when Freddie Mac reported the average rate was 3.29%, a 50-year low for mortgage interest rates.

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6 Great Tiny House Communities Real Estate US News

Details: The versatility of tiny houses and their ability serve both personal preference and lower-cost need is what’s driving the surge in popularity of tiny homes, Dobrowolski says, who has seen the Escape Traveler building company continue to grow as more people look to purchase a tiny house.A tiny house can cost between $10,000 and $60,000 to build from scratch, compared to the median home …

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How to Determine Your Offer Price When Buying a Home

Details: Putting in an offer on a house is both exciting and nerve wracking. At the end of the day, you want to feel confident you have presented a strong offer without overpaying. By analyzing past sales, current market conditions, and upcoming home improvements, you will be able to create an offer that will put you in the best position to buy your new home.

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Your Guide to the Housing Market Real Estate US News

Details: Because the housing market crisis was so widespread, it remains vivid in the minds of many people as they prepare to buy a house, sell a house or invest in real estate. Some in the real estate industry note similarities, like sale prices, in the current housing market to years like 2005 or 2006, which led to the bubble burst.

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The Guide to Selling Your Home Real Estate US News

Details: The total cost varies greatly depending on where you live, the house you have, activity on the market and how much money you're able to put in toward a successful sale. Zillow reports that, including broker commission, home sellers can pay between 6% …

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2020's Top Real Estate Agents and Realtors in Cynthiana

Details: When it comes time to sell your home, you will want to know how much your home in Cynthiana is worth. U.S. News’ Home Value Estimator tool, powered by HomeLight, uses information from multiple sources to create a real-time home value estimate based on current market trends. When you request your home value estimate, you will also see real estate agents in San Francisco who have the best

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5 Real Estate Trends to Know Before You Sell Your Las

Details: Local real estate agents say sellers should be aware of these trends before putting their house on the market. Clear winter sky above golf course homes and casino resort towers in Southern Nevada. (Getty Images) With a low inventory of homes available for sale and strong housing prices, now could be a great time to sell your Las Vegas home.

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6 Common Home Code Violations and Questions to Ask

Details: “Having someone perform a code inspection on an old house just gets you a laundry list of codes it doesn’t meet,” says Jim Davis, owner of About the House Inspection Services in Houston.General inspectors like Davis do not check for code compliance, but rather they look for general issues with the home, such as poor workmanship in a finished basement or leaky plumbing that could …

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How to Sell an Ugly House Real Estate US News

Details: "Price solves all problems," says Bruce Ailion, a real estate agent and attorney in Atlanta. In addition to selling homes, Ailion manages a hedge fund that buys and rehabs properties to rent or flip. So he has purchased a few dumps in his day.

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How to Avoid Buying the Wrong Home in a Hot Market Real

Details: The number of homes for sale in February fell for the 21st straight month compared with the previous year, with only a 3.8-month supply at the current sales pace, according to data from the National Association of Realtors. A six-month supply is considered a balanced market. The supply of homes for sale is even tighter at the lower price ranges.

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The Best Real Estate Apps to Download Real Estate US News

Details: The company has expanded into instant offers for fast sales, mortgage lending and real estate broker services. The Zillow app is a mainstay for those seeking homes for sale or rent, and if you're a seller, you can use it to update the property description and list of home features as well as add new photos to showcase the property.

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It's Not All or Nothing: How Home Staging Works Real

Details: Real estate agents often believe home staging should only be used if the space is vacant, because very few buyers can visualize the potential of a space. A vacant staging is when the stager will rent furniture and accessories to dress up an empty space. The stager will be there for the delivery and set everything up so it’s ready to show off.

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How Much Does It Cost to Buy a Mobile Home

Details: The Federal Reserve Bank of St. Louis reports the median sale price of a new house sold in August 2020 was $325,500, and prices continue to climb – in November 2020 the median sale price nationwide was $335,300. But the total cost of a mobile or manufactured home can reach beyond the price of the structure itself.

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Do You Need an Open House to Sell Your Home

Details: An open house invites people to tour a home that is for sale. A listing real estate agent often schedules two different types of open houses: a "broker only" open house to other agents, during the day on a weekday, and an open house that's open to the public, typically on a Sunday. Usually, an open house lasts about 1.5 hours with the goal of attracting a buyer who is out and about looking at

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Is Your House Too Big for You

Details: The median size of a new, single-family home sold in 2017 was 2,457 square feet, with a median sale price of $323,100, according to the U.S. Census Bureau. Compare that to 1978, when the median size of a new home was just 1,655 square feet with a median sale price of $55,700. Houses are getting bigger overall, but that doesn’t mean a larger

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Outsmart the Competition: Buy a Home That's Not Even for Sale

Details: There are more than 75 million owner-occupied households in the U.S., according to the U.S. Census Bureau. Despite that large number, just a fraction accounts for the homes that go on the market. The National Association of Realtors reports that while the total number of home sales increased in 2017 compared with the previous two years, the

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2020's Top Real Estate Agents and Realtors in Missouri

Details: According to real estate transaction data analysis, the top 5% of seller’s agents in Missouri City, on average, sell homes for $59,700 more money than the average Missouri City real estate agent. The top 5% of buyer’s agents generally save clients 0.3% more …

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What Is a Home Appraisal and Who Pays for It

Details: But when a property is unique for the area or few homes have sold recently, "you might have to expand your location parameters to find a similar home throughout a wider area," Schley says. When possible, an appraiser will also visit the property to examine the home's condition and see any features that would affect the appraised value.

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What to Do When You Can't Sell Your House Real Estate

Details: Having a house that isn't selling now can be especially painful, since the housing market appears to be healthier than it has been for some time. For instance, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development released a joint report on Aug. 23, showing that July was a very good month for the industry, with a 31.3 percent jump over the number of homes sold …

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12 Mistakes to Avoid When Selling Your Home Real Estate

Details: But selling a house can become more difficult if you ignore the tried-and-true practices that have helped home sellers in the past. "It's a hot market, but it's a hot market for things that are priced correctly and prepared to come to the market," says Molly Gallagher, real estate agent and partner of the Falk Ruvin Gallagher Team, part of real estate brokerage Keller Williams Milwaukee North

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Everything You Need to Know About a Pending Home Sale

Details: But real estate deals can fall through for a variety of reasons, so a pending sale isn’t a done deal. While you may not be able to submit a formal offer while the deal is pending, you can ask your agent to get in touch with the listing agent to inquire about the deal and potentially get a heads-up if the property goes back on the market so

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How Climate Change Could Impact Your Home Value Real

Details: Less demand for waterfront homes. Higher insurance premiums. Higher property taxes. Increased property values for some homeowners. While it's impossible to predict the future, the consequences of rising temperatures and sea levels and increasing flood-prone areas could result in adjusted home values. Below are climate change projections and

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How to Take Real Estate Photos When Selling Your House

Details: Once a residential property is listed, there’s a strong argument that it’s now a product for sale and no longer a home that endures the mess of daily life. To achieve as high a price as possible for this product, which likely is your largest asset, you’ve hired a broker to advise and shepherd the process.

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Is My Real Estate Agent Doing Enough to Sell My House

Details: In a strong real estate market, even unseasoned real estate agents could sell a home for a good price. Many sellers hired their relative or a friend, and if the property was decently priced and photographed well, it sold itself. In a more challenging market, whether due to oversupply, lack of consumer confidence or a host of other reasons from

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Mother-in-Law Suites: Should You Add One to Your Home

Details: Working with a real estate agent to find the right property can be helpful. Lundin specializes in working with buyers looking for duplexes, triplexes and quadplexes, often for investment purposes. She works with clients to make sure the potential cash flow lines up with the costs of the property – a detail she says buyers must consider when they're planning to live on a property and rent

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2020's Top Real Estate Agents and Realtors in McGuire AFB

Details: According to real estate transaction data analysis, the top 5% of seller’s agents in McGuire AFB, on average, sell homes for $241,000 more money than the average McGuire AFB real estate agent. The top 5% of buyer’s agents generally save clients 3.05% more than the …

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How to Overcome Challenges as a Second-Time Homebuyer

Details: While some challenges – such as the lack of homes for sale – affect first-time and second-time buyers equally, others are unique to the second-timers. Many, for example, need to sell their current home in order to buy a new one. “It’s always scary to put your home on the market before you know where you’re going to go,” DeFelice says.

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How to Maximize Your Homebuying Power in a Buyer’s Market

Details: To buy a house in a buyer's market, follow these recommendations: Organize your finances. Consider fixer-uppers. Check out up-and-coming neighborhoods. Manners matter. Utilize agent intel. Be patient. Remember: penny wise, pound foolish. What to …

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The Guide for Buying Land, Building a House or Buying New

Details: With a new house from a developer or builder, you may be able to save on overall construction costs, but these houses are typically priced on the higher end. HomeAdvisor reports that a house purchased from a developer or builder can range between $100,000 and more than $1.5 million.

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2020's Top Real Estate Agents and Realtors in Belleville

Details: When it comes time to sell your home, you will want to know how much your home in Belleville is worth. U.S. News’ Home Value Estimator tool, powered by HomeLight, uses information from multiple sources to create a real-time home value estimate based on current market trends. When you request your home value estimate, you will also see real estate agents in San Francisco who have the best

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What You Should Know About Moving to Hawaii Real Estate

Details: The median annual salary in Honolulu is $54,030, about $4,000 above the national median. But the state capital of Honolulu on the island of Oahu may not be the place that you decide to call home. There are eight major islands in the Hawaiian chain: Hawaii, Maui, Lanai, Molokai, Oahu, Kauai, Niihau and Kahoolawe, though the latter is uninhabited.

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How Do Real Estate Commissions Work

Details: NAR's 2020 Profile of Home Buyers and Sellers reports that in 2019, for-sale-by-owner homes, or FSBOs, sold for a median price of $217,900 nationwide, while the median home price of agent-assisted homes was $242,300. So while you may be keeping at least 3% of the home sale price to yourself (assuming you are willing to pay the buyer broker's

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Big Reasons Not to Buy a House Real Estate US News

Details: And she is a real estate agent. Shakhmurova, who also owns a salon specializing in hair removal and electrolysis, lives in New York City. She has lived in an apartment for over 20 years and says she will never buy a house. "I've seen endless tasks that come with the house," Shakhmurova says. "From outdoor problems of lawn, patio and structural

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