Characteristics of Millennial Homebuyers

According to a new survey from the National Association of REALTORS, millennials (born between 1981 and 1996, Pew Research) and also known as Gen Y and Echo Boomers, are the largest homebuying segment at thirty-seven percent. While millennials have been the largest share of homebuyers since 2014, the survey also found that they are most likely […]

The Five-year Equity Rule

When you buy a home, plan on staying there for approximately five years. Why? You’ll need equity in order to sell the home without losing money. Equity is your percentage of ownership VS how much the bank owns. With any mortgage loan, the first few years of payments go more toward paying interest than reducing your principal. […]

Reduce Your Home’s Price the Right Way

The first two weeks of marketing are crucial. In that time, if your home has received few showings or offers, price is the most likely issue. It’s time to reduce the price, but do it the right way. Don’t panic. You may feel two weeks isn’t enough time, but the market has spoken. There’s a magic […]

Do Sellers Have to Do Repairs?

Typically, buyers include a home inspection contingency in their purchase offer that allows them to ask the sellers for repairs and get out of the contract if the seller refuses. The seller can respond in several ways. They can readily agree to fix the problem, no matter how expensive. They can agree to fix any […]

Packing for Your Move

Deciding what to pack when you’re moving isn’t easy. However, if you follow these simple suggestions, packing to move and unpacking to move into your new home will be much easier. Declutter: Decluttering serves two purposes. It makes it less expensive for you to move because you’re not paying freight to move things you no longer […]

Selling a Second Home

It’s tax time and you may have questions if you own a second home and sold it or plan to sell it. Do you have to pay capital gains when you sell a second home? All that depends. A second home, says HRBlock.com, can include houses, mobile homes, condos, co-ops, trailers, and houseboats. When you sell […]

Home Ownership Hedges Against Inflation

Great financial reasons to own real estate, advises Biggerpockets.com, are building equity, tax advantages that don’t exist for other asset classes, not having to pay rent, passive income from rental properties, among many others. One of the greatest advantages is that buying a home is a terrific hedge against inflation. Since 1913, the annual inflation rate […]

Get Ready for Competitive Spring Homebuying

Pent-up housing demand is likely to increase exponentially now that a COVID-19 vaccine is on the horizon. Homebuyers should prepare for what could possibly be the most competitive spring homebuying season in years. Here are a few suggestions that will put you ahead of other homebuyers. Have a family meeting. When your household is together, tell […]

The Meanings Behind Red Front Doors

Why are so many front doors painted red across the world? For fun, we’ve gathered some of the most interesting reasons why this is an important choice for many homeowners. Many cultures use red front doors to communicate something about their beliefs or status. Since the first Passover the red door has symbolized God’s protection, […]

Are Listings Growing in Your Area?

Home sellers may be wondering whether to put their homes on the market now during the winter months or wait for spring 2021. There are arguments for both sides, but the National Association of REALTORS® predicts that this “will be one of the best winter sales years ever.” NAR economists say we have a perfect storm […]

Using Drones for Real Estate

Whether you intend to fly a drone for fun or for professional use (such as real estate photography to help market your home), there’s a lot to know about using this technology. All drone users need to know the laws, courtesies and safety practices of drone flying. The FAA requires a drone operator to obtain […]

Sell Your Home Using All Five Senses

One of the best ways to get your home ready to sell is to remember to use the appeal of all five senses in your marketing. You want your home to look great and you want homebuyers to feel welcomed by attractive aromas, soothing music and other hospitable ideas so they appreciate the home’s environment […]

What Makes A House Seem Spooky?

Have you ever toured a home and just wanted to run right back outside? Maybe something hit you negatively, but it could be easily fixed. If the location and price are good, updates could be the answer. Ask yourself: what would you do to make a creepy home warm and inviting? Improve lighting –Dark rooms can […]

Mortgage Guidance for the Self-Employed

In June 2020, average mortgage interest rates fell below three percent for the 30-year-fixed-rate mortgage – the lowest level in modern recorded history, according to Mortgage News Daily. What caused such a dip? A stock market sell-off sent investors to the relative safety of the bond market, wrote housing journalist Diana Olick. Mortgage rates loosely follow the […]

The Dish on Fine China

Choosing a china pattern is a great way to express your taste and accent your new home. You’ll enjoy the presentation of meals and how your table looks every time you serve breakfast, lunch, dinner or snacks. So what is fine china and how is it used? According to Scullyandscully.com, fine china is made from a […]

Five Ways to Show Courtesy at Showings

A seller’s home is their private sanctum, and that should remain true even when it’s on the market. You’ll enjoy showings or open houses more as well as protect the seller’s home with these five courtesies. Sign in. Sellers and listing agents need to know who’s been in the home so they can ask for feedback. […]

Are You Selling Your Home, Or Just Curious About Value?

All homeowners wonder at some point what their home is worth, but there’s a big difference between planning to sell and simply satisfying your curiosity. You can get a ballpark idea of what homes in the neighborhood are fetching by going online, or you could contact your Berkshire Hathaway HomeServices network professional for a comprehensive […]

Hiring an Interior Designer

Don’t call them decorators! Interior designers are trained, degreed and licensed professionals who do far more than choose curtains. Their job is to transform the interior of your home to make it more functional and beautiful. If your home could use more space, better traffic flow, better lighting, or an additional room, an interior designer […]

Staged Homes Sell Faster

In a survey released this year, the National Association of REALTORS found that 83% of buyers’ agents said that staging helps homebuyers visualize themselves living in the home and influences them enough to make higher offers. Sellers’ agents report that homes sell faster and for more money. Over half said that staging sells a home […]

Improvements that Scream “Think Twice”

If you’re a seller refreshing your home for resale or an investor selling a remodeled home, you should know that some updates won’t impress today’s homebuyers. Inexpensive updates in lieu of the more durable and sustainable materials that buyers prefer may scare buyers into wondering where else you cut costs. Single coat paint – Single coats […]