The housing market in California picked up some steam in May as existing home sales and median home prices inched up from both the month and year before. Here are some pertinent stats on California’s housing market for May 2017, gathered by the California Association of Realtors (CAR).
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For many Americans, homeownership is a major goal in life. While many may be content renting into the foreseeable future, many others hope to one day have their name on title of a property they can call their own.
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It goes without saying that a home purchase is a big deal and is probably the biggest investment you’ll ever make. If you’re a first-time buyer, make sure you avoid these potentially costly mistakes.
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Considering buying an older home? There are plenty of benefits of taking this route versus buying new construction. Older homes have a lot of character, are usually located in more established neighborhoods that are closer to urban centers, and are typically surrounded by mature greenery. That said, older homes may also require some improvements considering the aging of the construction materials.
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As the temperature continues to rise as we head deeper into summer, the energy – and money – needed to keep our homes cool can skyrocket.
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For sellers, a short sale is not an ideal way to sell a home. But for buyers, it may be a great way to snag a great deal on a home. That said, a short sale is not exactly like a conventional sale, and there could realistically be a few hurdles for buyers to have to jump over before this type of real estate transaction comes to a close.
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After searching for a new home, negotiating an offer, and going through escrow, buyers are aware of the steps that need to be taken to ensure a successful transaction. But the work isn’t over just yet. As soon as you get the keys to your new abode, there are a few things that need to be tackled before you kick your feet up.
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After searching for the perfect place to call home, you finally find one that perfectly suits your family and lifestyle. You decide to put in an offer and cross your fingers that all goes well at the negotiating table.
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Buyers looking at new homes believe they will get a better price if they don’t have an agent representing them – who would receive a commission. Yet commissions to sales agents are most commonly paid out of a marketing fund and not tied to the net profit of an individual home. As such, there is no advantage for a buyer to represent themselves.
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Selling a home is a lot easier and more streamlined when you’ve got a professional real estate agent blazing a trail for you and ensuring all items on the list are checked off. After you’ve chosen the right agent to market and sell your home, you’ll both sign a listing agreement, and in California, this document is referred to as the Residential Listing Agreement.
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