Monthly Archives: December 2016
Homeowner’s Net Worth Is 45x Greater Than A Renter’s
Every three years, the Federal Reserve conducts a Survey of Consumer Finances in which they collect data across all economic and social groups. The latest survey, which includes data from 2010-2013, reports that a homeowner’s net worth is 36 times greater than that of a renter ($194,500 vs. $5,400). In a Forbes article, the National... Read More
3 Surprising Ways Public Schools Affect Your House Hunt
Even if the public school district is not an important factor in your home search, the location of public schools can still have a significant impact on your home buying decision. If you are looking for a home near a school, you may want to take these factors into consideration. 1. School Speed Zones Pay attention... Read More
4 Home Staging Mistakes That Frighten Buyers Away
Home staging is a crucial part of home selling preparation. According to the National Association of REALTORS® 2015 Profile of Home Staging, 32% of buyers’ agents and 37% of sellers’ agents believe that a staged home increases the amount buyers are willing to pay up to 5%. On a $200,000 property, that’s $10,000! But is... Read More
Downsizing Your Home? Use These Tips to Plan Your Move
Maybe the thought of moving to a smaller, low-maintenance home has only briefly crossed your mind, or maybe you’re seriously considering downsizing. But before you trade your too-large house in for, say, a cozy condo downtown, there are a few things to consider. Downsizing requires quite a bit of planning: You may need to figure... Read More
How 2016 Technology Has Changed Your Home Search Forever
When was the last time you hopped in your car to start your home search? Most home buyers today just pick up their phones to instantly view properties all around the country — no car required. Each year, new tech changes the way that we interact with the world. Here are just a few of... Read More