If you’ve been keeping an eye on the housing market over the past couple of years, you know sellers have had the upper hand. But is that going to shift now that inventory is growing? Here’s a breakdown of what you need to know.
With all the headlines circulating about home prices and mortgage rates, you may be asking yourself if it still makes sense to buy a home right now, or if it’s better to keep renting. Here’s some information that could help put your mind at ease by showing that investing in a home is still a powerful decision.
When your home is worth far more than what you paid for it, you might expect to make a tidy profit when selling. However, you may end up paying capital gains tax too. Depending on how long you have owned your home and market conditions, this amount can be significant. Here are tips to limit capital gains tax liability when selling, or thinking about selling in the future.
Here’s a statistic we couldn’t help digging into a little deeper- almost twice as many single women are becoming homeowners vs single men. According to data from the National Association of Realtors (NAR), 19% of all homebuyers are single women, while only 10% are single men. And the number of single female homeowners is growing, and for good reasons.
If one of the goals on your list is selling your house and making a move this year, you’re likely juggling a mix of excitement about what’s ahead and feeling a little sentimental about your current home.
A great way to balance those emotions and make sure you’re confident in your decision is to keep these three best practices in mind when you’re ready to sell.
Among the many benefits of owning a home, net worth is something that can move your investment portfolio forward. If you’re trying to decide whether to rent or buy a home this year, here’s a powerful insight that could give you the clarity and confidence you need to make your decision.
When it comes to what’s happening in the housing market, there’s a lot of confusion going around right now. You may hear one thing in conversation with your friends, see something totally different on the news, and read something on social media that contradicts both of those thoughts. And, if you’re thinking about making a move, that can leave you with a lot of lingering questions. That’s where a trusted local real estate agent comes in.
When it comes to selling your house, you’re probably trying to juggle the current market conditions and your own needs as you plan your move. One thing that may be working in your favor is how few homes there are for sale right now. Here’s what you need to know about the current inventory situation and what it means for you.
🏠💰 Considering buying a house in a challenging market? Some may be put off by higher interest rates or lack of inventory, but there may be other compelling reasons to jump in. 📈 Here’s why it’s still a smart move compared to renting!
The spring housing market has been surprisingly active this year. Even with affordability challenges and a limited number of homes for sale, buyer demand is strong, and getting stronger. One way we know there are interested buyers right now is because showing traffic is up.