A "buyer's market" happens when people looking to buy a home have a stronger bargaining position than the sellers have. In a classic economic sense, a buyer's market occurs when the supply of homes available for sale exceeds the demand for them. However, other things in real estate create a buyer's market. Causes Of A Buyer's Market Besides having too many homes for sale and too few buyers, a buyer's market in real estate may come from widespread credit market problems. There may be plenty of buyers interested in homes that are for sale, yet they may not be able to get a loan to buy … [Read More...]
Attractive landscaping is one of the first things that potential home buyers notice. They may see the landscaping in the photos of a home for sale or may even do a physical drive-by. The view of the property from the street is called "curb appeal." It is important to make this be as nice as possible. In many parts of the country, there are pressures on the water supply that make having a lush-green, living lawn very costly or even prohibited by the local regulations. Innovative technology and the use of natural ground covers, such as stone and rocks are replacing the green lawns that most … [Read More...]
Once you've accepted an offer on your house, the next thing you should do is schedule a moving company. The earlier you plan for the moving company, the more time you'll have to research your options and ensure that you can reserve the date you need. Narrow Down By Services The first step is to narrow down your choices so you can focus on moving companies that are best suited for your needs. First, determine if you need a long distance mover or a regional mover. Long distance movers will have larger trucks and/or semi-trailers; regional movers will have mid-to-small sized trucks only. … [Read More...]
In the wake of the recent news reports, you might be looking for ways to make your home safer. Some of the most common accidents and events that take place in homes include poisoning events, falls, and even burglaries. The good news is that there are ways to improve the safety of your home. You might even be rewarded with a lower home insurance premium! Invest In An Alarm System It is not easy to figure out exactly how many burglaries are prevented every year by having an alarm system; however, even having a sign in the front yard could be enough to scare off potential intruders. If you are … [Read More...]
Last week’s economic releases included readings on public and private sector employment, the national unemployment rate. Economic Destruction Continues as Coronavirus Spreads ADP reported 20.2 million private-sector jobs lost in April as compared to 149,000 jobs lost in March. The government’s Non-Farm Payrolls report showed -20.5 million public and private-sector jobs lost in April as compared to -870,000 jobs lost in March. Both of these jobs reports typically show job growth, but they now report jobs lost due to the coronavirus pandemic and efforts to control it. Likewise, the … [Read More...]
Every year, homeowners spend billions of dollars renovating their homes. It almost seems expected that homeowners are going to end up going over budget on any project. On the other hand, this doesn't have to be the case. In reality, there are a few tips and tricks that homeowners can follow to help them save big money on that next home renovation project. Serve As The General Contractor Many homeowners hire a general contractor to control the staffing of each individual project. While this might reduce stress levels, it also costs more money. Hiring a general contractor adds an additional … [Read More...]
