A study published this year by the National Association of Home Builders reveals what today’s home buyers across the nation really want … and what they don’t.
What do you think? Does this hold true for the River Valley region? What’s hot on your list?
Energy-Star rated appliances
Energy-Star rating for whole home
Exhaust fan in bathroom
Bathroom linen closet
Energy-Star rated windows
Table space for eati... read more
For most of us, our money is hard-earned, so we understandably want to be thoughtful about how we spend it. That’s especially true when it comes to buying and selling the biggest asset most of us will ever own: our homes.
When contemplating a real estate transaction, some people are tempted to forgo the help of an agent to save on commissions. What those consumers often don’t realize, however, is that a qualified agent can actually help save them the cost of commissions and then some.
If you’re ... read more
Buying a new home is an exciting prospect. But the fact that it’s the biggest purchase many of us will ever make can make it daunting, even emotional.
The highs and lows of buying a home are real and common, and it’s important for buyers to understand that just because they may have some reservations doesn’t mean they’re making the wrong choice. It does mean they need to get to the bottom of their feelings.
If you’re riding the ups and downs of an impending real estate transaction, t... read more
I’m getting ready to sell my home, and my agent recommended that I have a professional home inspection before I put it on the market instead of just having the buyer do it prior to closing. Are there advantages to doing it up front?
Many times sellers resist pre-sale inspections because they fear the inspections will turn up issues that the sellers then must disclose. It’s a case of ignorance being bliss — but only temporarily.
Most buyers will (and all should) complete a home inspection before ... read more
Many first- and second-time home buyers are watching mortgage interest rates beginning to climb and worrying they’ve missed the window for buying their next home. But a long-term view of mortgage rates clearly shows now is a good time to buy, and that’s unlikely to change any time soon.
To illustrate, we pulled 30-year-fixed-rate Freddie Mac loans for the past 30 years. In the early 1980s, those rates exceeded 18 percent! They declined to around 10 percent in 1990 and around 7 percent in the early 2000... read more