While it may be great for bragging rights, buying the best house on the block is not the best financial move according to real estate writer Jamie Wiebe. In a recent article for Realtor.com, she explained three reasons why homebuyers should think twice before making an offer on the best house on the block. One of the most compelling reasons she offers is that someday you will more than likely need to sell it. Even if you think you want to live in the home forever, a job transfer, divorce or loss … [Read more...]
Buying a Condo: 5 Reasons it’s Smart for Millennials
October 14, 2015 by
With rents rising at twice the rate of income, many millennials are wisely beginning to explore the prospect of buying a home for the first time. According to Zillow, the affordability of buying a condo may make it the smartest way for millennials to enter the realm of homeownership. Because location is often a major selling point for millennial buyers who want to be close to work, night life, and other social settings, buying a condo often offers more bang for the buck than buying a … [Read more...]
The Process of Buying a House: 5 Fears You Can Let Go
October 12, 2015 by
If you’re considering going through the process of buying a house, especially for the first time, it’s normal to feel intimidated by the whole system. After all, the process of buying a house is probably the biggest financial investment you will make. But if your fears are keeping you from taking the plunge into homeownership, real estate expert Brendan Desimone offers some advice that can help give you peace of mind. In a recent Zillow article, he explores the top five fears homebuyers face and … [Read more...]
What is the Best Day of the Year to Buy a Home?
September 10, 2015 by
Is there really a best day of the year to buy a home? According to RealtyTrac, the online marketplace for real estate information, home sales data points to a specific day in October that homebuyers should be aware of this fall. RealtyTrac analyzed data from more than 32 million single family home and condo sales from 2000 to the present and found that home buyers get the best deal to buy a home on October 8. In fact, over a 15-year period, home sales on that day are 2.6 percent below average … [Read more...]
