With so much discussion about mortgage costs going down in 2024, is it better to buy now or continue renting until interest rates have fallen below 4% or 5%? Delaying a decision until mortgage costs taper down comes with the risk of trying to buy as prices increase. This list of pros and cons in…
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Understanding the mood of a market is a fundamental principle of buying and selling any product, but it’s never more essential than in real estate. With the market in a post-boom transition period influenced by high mortgage costs and strong prices, buyers and sellers need to understand each other’s perspectives. Buyers are best served if…
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It’s always fun to predict the next home fashions, and when it comes to real estate, many owners love to know the colors in vogue for 2024. Whether renovating a new property or planning a home facelift, color choices can be swayed by what the paint manufacturers decide is this year’s fashion. For 2024, blue…
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Convincing your family to share the housework is one of life’s greatest domestic challenges. Asking your kids to do their chores instead of staring at their phones or blowing up stuff on computer games doesn’t get easier with the years. So, if caring and sharing also means sharing the housework, try these few ideas. Time…
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When it comes to home maintenance, owners tend to overrate their DIY skills, producing work that either doesn’t add value to their property or damages it. Be aware that poorly executed and finished work will diminish the property’s value. If buyers recognise poor work they will often seek a discount to pay for remediation or…
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Research has shown that a good bathroom, like a quality kitchen, can contribute more than 15% to the value of a property. While remodeling can be an expensive project because of its complexity, there are some great budget-smart ways to tackle the challenge. While a full remodel will usually need three contractors, a plumber, electrician…
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With so much focus on high mortgage costs, it’s worth doubling down on some of the finer points of applying for a home loan. While the Federal Reserve’s artificially high mortgage costs are stopping some homeowners from selling, there are more than a million buyers in the market today. These tips are designed to help…
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Prioritizing personal circumstances is one of the best ways to determine when to sell a property. Despite high prices being recorded in many locations, plenty of homeowners have held on tightly since mid-2023 in order to avoid the 22-year high interest rates of 7% to 8%. But, with mortgage costs forecast to fall during the…
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Can your behavior as a seller affect the speed of your deal and the amount a buyer will pay for your property? For sure, it does! If you’re a committed seller and ready to make a few sacrifices to help your prospective buyers, you’re far more likely to maximize the value of your home. Sellers…
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Are you at home, wondering why you’re spending so much on your heating bills and still feeling a chilly draft? If so, I doubt you’re the only one. Some 90% of residential properties are under-insulated, according to measurements taken by the Home Energy Rating System (HERS). It’s claimed that Americans would reduce electricity consumption by…
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