Key takeaways Existing home signed sales contracts went down 4% in November, extending the slide to ten months straight. It’s further evidence of a continued slowdown in the housing sector, with prices down 9.1% since May. It’s an expected side effect of the Fed’s policy of raising interest rates to bring down inflation, with the […]
Author Archives: Robert Zalimeni
Selling a House for Cash 101
In many markets, property values have taken off to levels not seen in well over a decade. It may be a great time to explore selling your home. Depending on the condition of your property, the buyer may be a cash buyer. While this is a typical practice, there are many nuances and slight differences […]
Tips for Working With Cash Buyers
At face value, working with cash buyers should be simple. Unfortunately, this is not always the case, and working with cash buyers can be difficult. There are a few malpractices to look out for when working with cash buyers to save time and frustration. Over the years, many cash buyers draft terms in their offers […]
Guilford County remained a strong seller’s market during 2022’s 2nd quarter, but we’re starting to see more inventory
GUILFORD COUNTY, N.C. – The Greensboro and Guilford County areasaw an increase in inventory during the second quarter of 2022, but itstill remains a strong seller’s market with homes selling fast and pricescontinuing to rise, according to statistics provided by Triad MLS.It took just 12 days on average to sell a Guilford County home duringthis […]
What The Fed’s Rate Hike Means For The Housing Market
Federal Reserve officials made history on Wednesday by hiking rates by three-quarters of a percentage point for the second straight month, delivering the most aggressive tightening in more than a generation to curb surging inflation, but risking a sharp blow to the economy. Policy makers, facing the hottest price pressures in 40 years, lifted the […]
How to Calculate Closing Costs
When buying or selling a home, the topic of closing costs is bound to come on the horizon. It takes a village to purchase or sell a home, with several different people playing a role in the real estate transaction. Buyers, sellers, real estate agents, and inspectors are just a few of the different people […]
Inflation and House Prices: What Homebuyers, Sellers, and Renters Need to Know
Prices are up almost everywhere – from food, to gas, to home prices. In February 2012, the nationwide median sales price of a house in the U.S. was $160,000. More than ten years later, that number is up to a record $423,000. Homes in markets like Seattle, WA, regularly face bidding wars, while nationwide, nearly […]
Home Inspection Tips for Sellers
No one likes it when a good deal dies. Especially when selling your home, it can be disappointing. Whether the property won’t sell due to financial complications or miscommunications, learning that a great offer has fallen through is always a setback in real estate. Unfortunately, home inspections are a well-known deal-killer within real estate. They’re […]
Guide to Selling a House with Tenants
There are several reasons why you might be ready to sell an investment property. Whether you’re attempting to sell a house or a rental property, sometimes investors need to move on to the next venture. Perhaps it’s time to take advantage of the appreciation value, or maybe you need more time to focus on other […]
Survey Reveals Realities Versus Misconceptions About VA Loans
VA loans make the dream of home ownership more attainable for military families, however, many service members who have honorably served our country know little about the benefits of VA mortgages and may even have negative views about them. That’s according to a new Spotlight on VA Loans report commissioned by Navy Federal Credit Union […]