What you don’t know can cost you time and money when it comes to selling your house. The best source of information is your real estate agent, and we’ve put together a growing list of helpful resources about the home selling process. When you’re ready, call Team Garcia NYC at 646-779-7200 to discuss how we can help sell your house.
Buyers needing financing or insisting on inspection are still competitive. Nearly one quarter of U.S. home sellers received four or more offers on their home in 2021, according to Zillow’s latest consumer housing trends report. The rise in the number of homes that received multiple offers is reflected in the increased frequency of bidding wars in 2021. Typical sellers received two
Homeownership is still a crucial part of the American dream. For those people who own a home (and those looking to buy one), it’s clear that being a homeowner has considerable benefits both emotionally and financially. In addition to long-term stability, buying a home is one of the best ways to increase your net worth. This boost to your wealth comes in
If you’re trying to decide when to sell your house, there may not be a better time to list than right now. The ultimate sellers’ market we’re in today won’t last forever. If you’re thinking of making a move, here are four reasons to put your house up for sale sooner rather than later. 1. Your House Will
There are fewer bidding wars and homes selling above asking price, Redfin report finds Though the demand for homes remained strong across the United States in August, there are clear signs that the housing market is past its peak. A report from residential brokerage Redfin found that pending sales across 400 metro areas were up 6% year over year
Becoming financially secure is an important goal for many people today, but some don’t realize just how much homeownership can help them achieve that dream. A recent report, The Journey Toward Financial Freedom, surveys Americans about their perspective on financial wellness and their goals. It shows there may be a significant misconception about the role owning a home plays
Total active home inventory continues to free-fall in Washington state with no end in sight. King County in Washington is the 12th most populous county in the U.S. with 2.2 million people, and — as home to Seattle — it is one of the wealthiest pockets of America. At the end of August 2019, there were
It’s economy 101 – when supply is low and demand is high, prices naturally rise. That’s what’s happening in today’s housing market. Home prices are appreciating at near-historic rates, and that’s creating some challenges when it comes to home appraisals. In recent months, it’s become increasingly common for an appraisal to come in below the contract price on
Skilled residential contractor workforce increased in August The U.S. economy produced just 235,000 new jobs in August, far below economists’ expectations of 725,000 jobs. It was the slowest month of growth since January 2021. Roughly one million jobs were produced in the months of both June and July. “There’s no question that the Delta variant is why today’s job report
As summer comes to a close, is it time to think about selling your vacation home? Based on recent data and expert opinions, it’s something you may want to consider. According to research from the National Association of Realtors (NAR), vacation home sales are up 57.2% year-over-year for January-April 2021. If you’ve taken your last vacation this summer, here are
Out-of-country buyers purchased only 107,000 properties in a 12-month span Foreign buyers purchased $54.4 billion worth of U.S. existing homes from April 2020 through March 2021, a 27% decrease from the previous 12-month period, according to a new report from the National Association of Realtors. Though it’s undoubtedly COVID-related, the drop represents the fourth consecutive annual
Whether or not you’ve been following the real estate industry lately, there’s a good chance you’ve heard we’re in a serious sellers’ market. But what does that really mean? And why are conditions today so good for people who want to list their house? It starts with the number of houses available for sale. The
The Treasury Department warned grantees that if they are unable or unwilling to effectively allocate funds, the money will be reallocated The Emergency Rental Assistance Program, created to help renters quash their missed payments, is disbursing the $46.5 billion allocated to the program at a snail’s pace. The month of July saw a mere $1.7
