By Paul F. P. Pogue From Ask Angi Home staging plays a vital role in the selling process, so don’t overlook it. According to the National Association of Realtors, it makes a big difference in helping potential buyers envision themselves in the space. Here are some tips to improve your odds of a good sale….
IMF Predicts Potential ‘Disorderly’ Price Corrections in European Housing Market
Home prices in Europe, which are overvalued in many places, could see major price corrections as the region confronts elevated inflation and tight financial conditions, the International Monetary Fund (IMF) said in a recent report. Europe is facing multiple economic challenges, with inflation remaining high and financial sector risks materializing. At the same time, real…
Considering Buying Your First Rental Property in 2023? Here’s What You Need to Know to Succeed.
By Dave Spooner Picture this: It’s New Year’s Eve, 2022, and you’ve finally committed to a resolution you really want to keep. In the coming year, you want to buy your first rental property and start investing in real estate. But what will real estate look like in 2023? Will housing prices continue to drop?…
New-Home Sales ‘Unexpectedly Rise’ in March to Highest Level in a Year
April 25, 2023
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New-home sales in the United States rose last month even though home prices increased during this period, with easing mortgage rates possibly boosting buying activity. Sales of new single-family homes in March 2023 rose by 9.6 percent to 683,000 from 623,000 in February, according to an April 25 press release (pdf) by the U.S. Census…
The Top Home-Showing Suggestions
Dear Monty: We will soon sell our first home. It is well-maintained. We have a good handle on the price range. We want to sell direct without an agent. We have heard opinions from friends and co-workers on what to say and not to say during a showing. Do you have any thoughts to share?…
Moody’s Forcasts 10 Percent Fall in House Prices Over Next 2 Years Amid Higher Rates
April 24, 2023
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The American housing market may fall even further as rising mortgage rates suppress demand and the stock of new homes begins to grow, according to Moody’s. Home prices are expected to tumble between 5 and 10 percent over the next two years, Moody’s economist, Matthew Walsh, told Yahoo Finance in an April 18 interview. Walsh noted a…
Pennsylvania Offers $50,000 Grants to Low-Income Homeowners for Repairs
April 24, 2023
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In Pennsylvania, where the median income is $68,000 per household or $38,000 for individuals, taxpayers are giving low-income homeowners and landlords up to $50,000 for home repairs. Homeowners will get grants and landlords with affordability restrictions will get loans. The state legislature passed the Whole-Home Repairs Program in the summer of 2022 with $125 million…
How to Utilize Real Estate in Your Retirement Portfolio
By Chris Kampitsis Owning investment real estate to generate income during retirement can be a valuable addition to your portfolio. There are several ways to utilize real estate in your retirement portfolio. In this article, we explore several ways owning real estate could be incorporated into your current balance sheet and become a major part…
Housing Payments Rise Across US Despite Fall in Home Prices
April 22, 2023
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Even though U.S. home prices have fallen by their biggest margin in over ten years, monthly housing payments have hit a record high, according to real estate brokerage Redfin. Median home-sale price fell 2.6 percent from a year back during the four weeks ending April 16, Redfin said in a press release Thursday—the biggest decline in…
Cash in on Your Home Equity
By Emma Patch From Kiplinger’s Personal Finance For the nearly two-thirds of Americans who own a home, tapping into home equity can be an affordable and flexible way to borrow money. One way to do that is through a home equity line of credit or HELOC. HELOCs allow homeowners to borrow from their home equity…
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