Your first home purchase is exciting, but it can also be stressful. Here are some tips to limit the trauma and help you find the home of your dreams the first time around. 1. Set your budget The most important step in selecting a home is knowing how much you can spend. If you already
Market Report July 2011
Here’s the latest from The Cromford Report: “What an amazing month was June! According to the current ARMLS data, 2,216 homes closed on June 30 across all areas and types, the largest total we have ever recorded for a single day. It beat the previous record set on June 30, 2004 by nearly 57%! Not
Market Report June 2011
“Housing Prices Fell in March for 8th Straight Month” “Housing Imperils Recovery” “U.S. Housing Market in Double Dip as Prices Fall to Fresh Lows” “Home Prices Continue on their Downward Spiral With No Relief in Sight” Those were a few of the latest real estate headlines from national media sources reporting statistics from the S&P
Government Money for Green Home Improvements
With a full housing recovery years away and personal income still tight, what can you do today to improve your home and its value? Whether you need to impress a potential buyer or just want to save on energy costs, one of the best answers is “Go Green.” On April 21, the U.S. Department of
Avoid Sellers’ Worst Mistakes
In a buyer’s market, sellers have little room for error when putting their home on the market or they risk having their property linger. Sellers should take caution to avoid the following common traps, according to a recent article at MSNBC.com. 1. Overpricing the home. Home values have dropped considerably since its peak in 2006,
First Time Home Buyer Checklist
Your first home purchase is exciting, but it can also be stressful. Here are some tips to limit the trauma and help you find the home of your dreams the first time around. The most important step in selecting a home is knowing how much you can spend. If you already use an electronic budgeting
What Listings Won’t Tell You: Research Your Neighborhood
Three beds. Two baths. 2,000 square feet. 15 noisy skateboarders adjacent. Guess which one wasn’t listed on the brochure. There’s a lot to a more to a neighborhood than numbers. To be fair, WalkScores and other statistics can do a fine job of helping you narrow your choices, and sellers are required to be honest,
The Cost of Waiting for Prices to Fall
by Steve Harney, Keeping Current Matters Many purchasers have been sitting on the sidelines waiting for home prices to hit bottom. They want to guarantee that they are purchasing at the best possible price. Like them, we also believe that prices still have some room to fall in most markets. However, we disagree that waiting is a good financial