Did Homebuyers Just Miss the Sweet Spot To Buy? Here’s What the Latest Statistics Say Design by Realtor.com / Getty Images In today’s rapidly changing housing market, buyers who’ve hit the snooze button have very likely kicked themselves later—and the most recent real estate statistics may deliver a fresh pang of regret. “How’s the Housing […]
Attention, Home Shoppers: Circle This Week as the Very Best Time of the Year To Buy a New House Getty Images While experts are throwing around phrases like “housing correction” and “slowdown in the real estate market,” things don’t seem much easier for homebuyers in the trenches right now. There still aren’t many homes for […]
Can’t Afford the Home You Could a Year Ago? Don’t Worry, Here’s What To Do Getty Images Are you a prospective homebuyer who started saving for a home last year—only to find that with this year’s financial instability, a home seems impossible to afford? We hear you. “Buyers have reached the limit of their financial […]
What Does ‘Active With Backup Offers’ Mean? iStock With the heightened craziness of today’s competitive seller’s market, you’ve likely come across the term “active with backup offers.” But what exactly does this little bit of real estate lingo really mean? According to Clara Nicolosi, a broker and owner at Re/Max of Hot Springs Village, AK, […]
What Is a Realtor? A Real Estate Agent With Extra Credentials Getty Images Realtor®, real estate agent, real estate broker broker—it’s hard to keep up with all the lingo involved in a real estate transaction. A good place to start is by learning what a Realtor really means. What is a Realtor? Realtors are licensed […]
Economists Have a Strange New Buzzword for the Housing Market That Will Shock Buyers and Sellers Getty Images The housing market has been called plenty of things this summer: red-hot, insane, brutal. But the latest word du jour to describe the state of real estate today is almost shocking in its tepidness: balanced. This term […]
Is Cash Back at Closing Legal—and a Good Idea—Today? What Homebuyers and Sellers Should Know Getty Images The process of buying and selling a home is a multipronged negotiation. Everything from the asking price to the closing timeline to what fixtures come with a property is a back and forth between buyer and seller. Yet […]
On the House: 6 Crucial Tips for Bringing Down Your Mortgage Rate Getty Images First-time homebuyers in the market today have a litany of woes. Home prices are at record highs. Saving for a down payment is tougher than ever due to soaring inflation. And now, mortgage interest rates are much higher than they were […]
Jealous of Your Friends Because Their Parents Bought Them a House? Here’s How To Cope Photo Illustration by Realtor.com. Source: Getty Images Your best friends just announced their parents are buying them a house! You manage a fake smile and toast to a long, happy future in their new home. Yet inside, resentment and jealousy […]
A Buyer’s Guide to ‘Price-Reduced’ Homes—and Why They Aren’t Always a Deal Getty Images Homebuyers who’ve braved the real estate market lately have no doubt noticed that housing prices are through the roof, hovering at a record-setting national median of $450,000. Combined with rising interest rates on mortgages, it’s enough to make many give up […]
