2020 has been a doozy! Unemployment is rocky and the Coronavirus has really shaken the economy. At the same time, mortgage rates recently hit a historic low and the stock market is soaring. Historically Low Mortgage Rates According to Freddie Mac, the average rate on a 30-year fixed-rate mortgage just went down to 3.45%. It…
When buying or selling a house, you will need to go through a negotiation process that sets the final price on the home and all related real estate contingencies. Knowing what contingencies are and how to use them to get the best and most secure deal will make the process easier and less stressful. Learn…
The housing market is constantly fluctuating. Changes in supply and demand determine whether the market favors people who are ready to sell or people who are ready to buy. The market shifts between being a seller’s market and a buyer’s market and the state of the market can determine a home’s selling price. The coronavirus…
When you get ready to make an offer on a house, it can be nerve-wracking. Buying a house is one of the biggest events of your life. It’s a big investment and commitment. But, there is no reason to worry if you are prepared and aware of your options during the offer process. Use the…
If you’re thinking of selling your home anytime soon, one of the most important things you’ll need to consider is its value. As you’re asking yourself the value of your home, there are specific factors that should be considered. Even if you’re not sure that you’re ready to sell your home, you might be curious…
When you’re selling your home, you might only be thinking about the money you’re going to make. There can be costs, however. By being strategic from the start, there are ways to reduce costs when selling a home, including these following tips. 1. Hire a Qualified Realtor Yes, some people think that if you don’t hire…
When you decide to buy or sell a home, you might discover that everyone thinks they are a real estate expert when it comes to determining whether it’s a buyer’s market or a seller’s market. Your coworker may warn you that it’s a seller’s market while your mom cautions against the buyer’s market. Stuck in…
One of the top questions that people ask when they decide to list a property is, “how long does it take to sell a house?” Sellers want to know how long they will have to wait to unload a property and when they should consider listing their home. There are a lot of moving factors…
If you inherited a house from a loved one, it can initially feel like a very generous gift. However, if you’re inheriting a house, it likely means it’s an emotional time and you’ve lost someone you love. It can also be challenging to know what the best financial decisions are. There are both legal and…
As investors and homeowners grapple with concerns over the value of their investments, many are asking the question; “How will Coronavirus (covid-19) impact the value of my home or investment properties?”. While it’s still early EffectiveAgents does have some insight on how Coronavirus might impact the US real estate market. The Impact Of Coronavirus on…