According to Trulia’s latest survey, twice as many people prefer new homes to existing homes. “New” means brand-new, never lived in properties, or homes purchased in the preconstruction phase, and “existing” homes are preowned properties. Shiny and new sounds nice, but what’s actually behind the allure of these properties? New construction might seem like the ...
After spending months searching for your dream home, your offer finally gets accepted, and then… the house doesn’t appraise for the agreed-upon price. It happens more often than you might think, especially in rising markets. But it doesn’t have to be a deal breaker. A low appraisal can happen for any number of reasons. Sometimes ...
Buying a new home can be overwhelming. In many ways, it’s a numbers game. Be sure you’re familiar with these 5 crucial stats, numbers, and percentages before you put down money on your new home. 1. 90% of all home buyers begin home shopping online Online house shopping is the best way to get familiar ...
The spring real estate market is in full swing with demand for homes only increasing. Mortgage applications to purchase a home are 8% higher than one year ago. As interest rates remain low, more first time buyers are entering the market. Pending home sales from February rose to their highest level in nearly two years ...
