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The past two years have taught us the true value of homeownership, especially the stability and the feeling of accomplishment it can provide. But homeownership has so much more to offer. Here’s a look at a few of the non-financial and financial benefits of owning a home. If you’re looking to buy a home today, think …
If you’re a current homeowner, you should know your net worth just got a big boost. It comes in the form of rising home equity. Equity is the current value of your home minus what you owe on the loan. Today, you’re building that equity far faster than you may expect – and this gain is great …
Continue reading "Average Homeowners Gained More Than $55K in Equity over the Past Year"
Searching for a home can sometimes feel daunting. There could be a million questions going on in your brain, and there is also the uncertainty and not knowing the right questions to ask. That’s okay, that’s what we are here for. At BST Realty LLC, we have a team of expert agents that are ready …
As we move into 2022, both buyers and sellers are wondering, what’s next? Will there be more homes available to buy? Will prices keep climbing? How high will mortgage rates go? For the answer to those questions and more, we turn to expert insights. Here’s a look at what they say we can expect in 2022. Odeta Kushi, Deputy …
Continue reading "Expert Insights on the 2022 Housing Market"
Experts predict that with buyer demand being extremely strong, home sales are about to surge. It appears we may soon see a somewhat uncharacteristic increase in homes for sale. Like most industries, residential real estate has a seasonality to it. For example, toy stores sell more toys in October, November, and December than they do …
Continue reading "Home Sales About To Surge? We May See a Winter Like Never Before."
When buying a home, it’s important to have a budget and make sure you plan ahead for certain homebuying expenses. Saving for a down payment is the main cost that comes to mind for many, but budgeting for the closing costs required to get a mortgage is just as important. What Are Closing Costs? According to Trulia: “When you close …
Real Estate Will Lead the Economic Recovery. With more U.S. states reopening for business this summer, and as people start to return to work, we can expect the economy to begin improving. Most expert forecasts indicate this economic recovery will start to happen in the second half of this year. As we get back to work …
Continue reading "Real Estate Will Lead the Economic Recovery"
Three Reasons Why Pre-Approval Is the First Step in the 2020 Homebuying Journey When the number of buyers in the housing market outnumbers the number of homes for sale, it’s called a “seller’s market.” The advantage tips toward the seller as low inventory heats up the competition among those searching for a place to call their own. This …
Continue reading "Three Reasons Why Pre-Approval Is the First Step in Homebuying"
In the latest Housing Trends Report, the National Association of Home Builders (NAHB) measured the share of adults planning to buy a home over the next 12 months. The report indicates the percentage of all buyers that will be first-time buyers looking to purchase a home grew from 58% in Q4 2018 to 63% in Q4 2019. The …
Continue reading "First-Time Buyers Are Searching for Existing Homes This Year"
New Home Inspection Why have a home inspection? As real estate brokers, we are often asked about inspections. "Should I have a home inspection on a new house?” “What about a radon test?” “Are sewer scopes important?” “Is testing for lead base paint important?” Why Inspections? Why Not? The answer is relatively easy – Safety …
Selecting Your Real Estate Broker Having a real estate broker is like having an opinion – virtually everybody has one. And like a good tenant for owners of investment properties, good real estate brokers are gold. How do you select a good one? Ask your friends, family, co-workers, your title company friend, your mortgage broker, …
Tips to Sell Your Home Faster When selling your house, there are a few key things you can prioritize to have the greatest impact for a faster sale: 1. Make Buyers Feel at Home Declutter your home! Pack away all personal items like pictures, awards, and sentimental belongings. Make buyers feel like they belong in the …
Shop Local Is Investing Locally Shop local, invest local - Many people encourage us to shop local. There are good reasons to do so, and with the holidays approaching, it becomes even more important. It has been said that most businesses fail within the first two years, for a variety of reasons. Right idea, wrong …
Tips to Make Sure Your Home is Ready for Winter! Ready for Winter? When it comes to winterizing our homes, everyone has an opinion. As real estate professionals, we known when to stay in our own wheelhouse and when to bring in the experts. Fortunately, with the magic of the internet, those pros are easy …
List your home this winter; less competition
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Don’t let a lack of understanding keep you and your family out of the housing market. Let’s get together to discuss your options today.
Think Prices Have Skyrocketed? Look at Rents. Much has been written about how residential real estate values have increased since the housing market started its recovery in 2012. However, little has been shared about what has taken place with residential rent prices. Let’s shed a little light on this subject. In the most recent Apartment Rent …
5 Tips for Starting Your Home Search In today’s market, low inventory dominates the conversation in many areas of the country. It can often be frustrating to be a first-time homebuyer if you aren’t prepared. Here are five tips from realtor.com’s article, “How to Find Your Dream Home—Without Losing Your Mind.” 1. Get Pre-Approved for a Mortgage Before …
Should You Fix Your House Up or Sell Now? With the fall season upon us, change is in the air. For many families, children are growing up and moving out of the house, maybe leaving for college or taking a jump into the working world. Parents are finding themselves as empty nesters for the first …
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