Are you searching for a new home? Disappointed or excited with the properties you are being shown by your real estate agent? Yes, inventory is filled up with older homes. A recent survey estimates that almost 71% of the inventory comprises of homes that were built before the 1990’s. In some regions, this value has been recorded to be even …
Frequently included in real estate contracts, a home sale contingency is a clause put in place to make the transaction of sale of a buyer’s home contingent or dependant. The contract can only move forward if the buyer’s house is sold by a specific date or gets terminated. Types of Home Sale Contingencies Home sale contingencies are of two types, …
Flood insurance rates are expected to rise in the Spring of 2014; it’s all over the news. But how can you minimize flood damage and save yourself from making a claim? Or maybe if there was a way that could altogether prevent you from buying flood insurance? After all, once the new policies become effective, the premiums can rocket sky …
A while ago, there were some rumors that mortgage loan limits might be lowered, which implies that homebuyers would receive lesser amounts. As of the 24th of October, this news has been confirmed. The new limits will be announced later this month and changes will be made in the spring season of2014. Other than these, there are quite a few …
Commercial real estate in Houston is booming as the demand for hotels surges higher than ever before. Now is a very good time to get involved in this business is what a recent report has to state. The survey had a sample size of about 60 managers, all of which were employed at local hotels in Houston. The report has …
Are you thinking about buying a house? There are many issues buyers face when making real estate decisions. But, these issues can be easily avoided with a little research and planning. You may wonder if you should seek advice on the topic or do it all by yourself. There are some things you should understand before you spend your valuable …
The housing market continues to get hot – and that is changing the game for both sellers and homebuyers. Due to the shortage of inventory, in a lot of cities, the housing market is experiencing bidding wars. And, the winning offers are often more than the asking price. According to the National Association of Realtors, existing home sales increased 13 …
The Fourth of July holiday is this Thursday and we’d like to take this time to give you some safety tips to make this holiday enjoyable and safe. Currently, there are over $35 million a year in national fire damages resulting from fireworks and decorations associated with fireworks. Each year, thousands of people rush to emergency rooms on the Fourth …
Are you in the market to buy a home? The housing market is heating up and sellers are regaining control. Following are a few housing trends to consider: Low mortgage rates Currently, the 30 year fixed mortgage rate on the Zillow’s Loan Mortgage Marketplace is at 3.80 percent. Erin Lantz director of mortgages at Zillow said that even though the …
