In a typical home sale, a buyer who discovers problems during inspection can negotiate a lower price, and the seller – motivated to keep the deal together – often agrees to meet somewhere in the middle. That expectation is so deeply ingrained that many buyers carry it straight into a bank-owned purchase, where it does ...
Small investors eyeing Orange County often default to the most familiar playbook: buy a single-family home, rent it out, build equity over time. But at Orange County’s current entry-level prices – $1.5 million to $2 million for a starter-to-mid-range home, according to Kathy Thomson, a residential agent with eXp Realty who has worked across Orange ...
In Anderson, South Carolina, the number most sellers fixate on when listing a home – what similar properties sold for recently – may be the reason their listing sits unsold. Builders sitting on unsold new construction have cut prices aggressively enough that the past twelve months of sales data no longer reflects what buyers actually ...
Home prices across Chicago’s western suburbs remain high enough that short-term investors cannot execute the buy-low half of a flip. With roughly one and a half months of single-family inventory across DuPage County, according to Debbie Pawlowicz, owner and designated managing broker at DPG Real Estate Agency in Lisle, Illinois, sellers have little reason to ...
When a large landlord or equity fund lists a former rental property in Dallas-Fort Worth, the home that reaches the market is not always what a buyer expects. These were investment assets managed for cash flow, not curb appeal. Deferred maintenance is common. Cosmetic updates were rarely a priority. And for buyers drawn to the ...
The standard way London homeowners measure a renovation’s success is simple: how many square meters did you add? But homes renovated with strong design vision – focused on volume, light, and spatial quality rather than raw floor area – are consistently outperforming larger, conventionally refurbished properties at resale, according to Matthew Withers, co-founder of Stylus ...
First-time buyers in Chicago’s south suburbs face a problem patience alone cannot solve: the homes they want cost more than they can afford at today’s interest rates. Rather than settle for a smaller house or wait for rates to drop, a growing number are buying small multi-unit properties and letting a tenant cover part of ...
When buyers relocate to a metro area where they have no local ties, the usual priorities – square footage, lot size, finishes – often take a back seat to something harder to measure: a built-in social life. In the suburbs east and south of Tampa, communities with shared amenities like pools, splash pads, and lakefront ...
Many self-employed borrowers who are told they do not qualify for a mortgage are not actually unqualified. They are applying through a loan type that measures income in a way that works against them. Conventional mortgages rely on tax returns, and for self-employed borrowers, tax returns are designed to minimize taxable income. That creates a ...
A year ago, the biggest hurdle for a first-time buyer in northern New Jersey was getting an offer accepted. Today, the real breaking point has moved later in the process, to the home inspection. That shift hits first-time buyers harder than anyone else in the market. Augie Neno, Owner/Broker at Neno-Rosa Agency in Kearny, New ...
Sellers preparing to list homes in central Pennsylvania may be spending money on the wrong upgrades. Millennial buyers between 30 and 45, the largest active cohort in the Harrisburg-area market, are not chasing high-end finishes, according to Maryssa Chaplin of the Chaplin Group at Keller Williams of Central PA. They care far more about structural ...
Housing inventory across much of the country has climbed to levels not seen in four years. For buyers, that looks like relief after years of bidding wars and razor-thin selection. But the supply gain is a side effect of suppressed demand, not a surge in new listings, and if mortgage rates decline enough to bring ...
Buildings that broke ground during the low-rate environment of 2020 to 2022 are completing at once. The resulting inventory surge is pressuring landlords who expected to hold pricing power. Philadelphia’s rental market is absorbing this wave of new apartment inventory. Developers set it in motion years ago, when they locked in favorable financing during the ...
In Chicago’s south and west suburbs, the typical distressed seller no longer fits the familiar profile. These homeowners are current on their mortgages. They haven’t lost jobs or taken on reckless debt. The pressure forcing them out is the property tax bill. Rising insurance premiums and HOA fees have compounded the problem, according to Aaron ...
