We’ve written a whole bunch of posts recently that address the inventory shortages nationwide and the return of bidding wars to the most desirable housing markets. If you are looking to buy in one of these especially competitive neighborhoods, it’s all the more important that you’re ready to act when you find a home you love, and act quickly.
Homeowners hoping to make green improvements on their homes can get support from both local and federal governments. This support ranges from grants to low interest loans to tax breaks, and can help us do everything from install energy-efficient appliances and solar panels to completely remodel with sustainable materials.
Over the last two years we’ve been talking to home buyers and sellers from all across the country, learning about what we can do to make your home buying or selling experience the absolute best, from search to close. Not only have these conversations been really fun, but they’ve also been incredibly valuable. Thanks for chatting with us and sharing all your insights! We’re looking forward to keeping the conversation going.
An offer with no contingencies? Might sound like a dream come true to a home seller. But sellers, beware: That dream could just as easily be a nightmare. Contingencies, though sometimes costly and time consuming, actually work to protect you, the seller, as much as they do the buyer.
The housing market is heating up just in time for summer. With inventory low and buyers on the prowl, some local real estate markets are seeing a lot of competition. And a lot of competition means a lot of offers on the best homes in a good neighborhood at the right price. If you’re looking at one of those homes, you can guess that you’re not alone. You may find yourself in a bidding war.
Buyers: Is Your Lender Asking for IRS Transcripts? Here's How to Get Them (Without Losing Your Mind in the Process)
Because lenders are so cautious these days, prospective home mortgage borrowers are sometimes required to provide not only the previous two years+ of tax returns, but also the most current year, even if that mean you have to file early and get the IRS to look at your return and confirm it before the tax year ends.
With bidding getting crazy, your buyer’s agent is key in keeping things sane—and winning the house of your dreams. Today we show you 2 hot markets: California’s Silicon Valley and Portland, OR. Realtors® in each area discuss their roles when inventory gets low and bidding gets crazy. We’ll come back with insight from other parts of the country--where real estate agents in our Texas and Massachusetts territories report on how they're helpnig clients succeed in an increasingly competetive market--in Part 2 of this series.
News of the nation’s low inventory of homes for sale is everywhere, as are reports of the return of a corresponding competitive buyer pool.