Posts with tag 'homeownership'
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Homebuyer activity shows signs of warming up for Spring
The spring season appears to be warming up in housing as more and more buyers enter the market. And after rising mortgage rates sidelined so many buyers last year, that's a good sign for sellers. Realtor.com has the latest:
"Spring is officially here, and like green shoots emerging from the bleak winter, new data suggests that more buyers are back in the market, although more subdued compared to a year ago."
We know buyer activity is trending up because of mortgage purchase application data. According to
2
Stress-Free Home Cleaning: 27 Practical Tactics for Busy Households
Stress-Free Home Cleaning: 27 Practical Tactics for Busy Households
Keeping a clean and orderly home is a challenge for many of us. Between busy work schedules, social obligations, and family commitments, it's tough to keep up with daily chores—let alone larger seasonal tasks.
The effort is worthwhile, however. A clean environment can keep you and your family healthier by minimizing your exposure to germs and allergens.1 Plus, researchers have found that organized, uncluttered homes have quantifiable mental health benefits, too, including reduced stress, improved emotional regulation, and increased productivity.2
The reality i...
25
Montague Miller & Co Realtors celebrating 75 years of service
Montague Miller & Company is proud to be
celebrating 75 years of service
in Charlottesville and surrounding communities!
15
Learn how to leverage your equity when you sell your home
One of the benefits of being a homeowner is that you build equity over time. By selling your house, that equity can be used toward purchasing your next home. But before you can put it to use, you should understand exactly what equity is and how it grows. Bankrate explains it like this:
"Home equity is the portion of your home you've paid off – in other words, your stake in the property as opposed to the lender's. In practical terms, home equity is the appraised value of your home minus any outstanding mortgage and loan balances."
Majority of Americans Have a Large Amount of Equity
If you've owned your home for a while, you've likely built up some equity – and yo...
1
Rookie Mistakes That May Bench Your Home Sale
The decision to sell a home isn't one to face lightly. Going through with it means undertaking one of the most complex processes you'll ever undertake. Luckily, the help of a real estate expert simplifies things and makes it a lot less stressful. Still, researching the topic is always a good idea.
The more you know, the easier it'll be to make informed choices throughout the "game." Your real estate pro can offer you expert advice, but the final decision is always up to you.
Let's look at some of the most common "rookie mistakes" that can send your sale to the dugout:
- Rushing Your Agent Pick
Selecting an agent is one of the most...