Home prices are on the upswing in an overwhelming majority of metropolitan cities. City life has virtually always guaranteed a more expensive cost of living than the outer suburbs, but it seems the gap is widening. And as eager buyers rush in to snap up property and cash in on the best bargains, inventory is tightening and properties in the lower price ranges are becoming scarce.
When it comes to remodeling their house, homeowners may want projects that will give them the most bang for their buck or the greatest return on investment. If recouping the largest percentage of cost is a top priority, then read on for a few projects it might be best to avoid.
At the core of every Realtors®’ business model is building and developing relationships. For a growing number of real estate professionals, social media offers a way to meet potential clients where they are and provide information the way those prospects want it. One of today’s most popular social sites is Pinterest, an online social pin board that allows users to “pin” interesting images and related URLs in one online location.
After years of short-term extensions, Congress has passed a five-year reauthorization of the National Flood Insurance Program.
Walkable neighborhoods are more popular among consumers than ever. According to a new study conducted by the Brookings Institution, people prefer to live in communities that allow them to walk to shops, parks and other destinations and will pay more for a home that allows them to do just that.
The home search process can be exciting and extensive as buyers take steps toward investing in their futures. The length of time it takes to find that special home varies from buyer to buyer, but on average the search takes about 12 weeks, according to the National Association of Realtors® 2011 Profile of Home Buyers and Sellers.