Sellers still getting big prices; demand dips
Nationwide, the red-hot real estate market is losing a bit of its blush as the pressure of inflation and higher interest rates mean fewer buyers are…
Category: Real Estate
Ask the Expert
I want to buy a house, but there is a good chance I will be transferred in the next five years. What kind of mortgage is good for me? You could try an…
What if the perfect home is pending?
It happens a lot — you see a great home, but there is a big ‘Pending’ sign on it, or maybe the home is labeled ‘Contingent.’ Are you out of luck?…
Ask the Expert
I own my house outright, but I am 75. Can I refinance? Age isn’t a barrier to getting a mortgage, thanks to The Equal Credit Opportunity Act that makes it…
Boomers sell; millennials buy
Homeownership is alive and well across all generations, a new reports finds, with trends shaking out as you might expect: More younger people are buying…
Ask the Expert: What does it mean to lock in a rate?
That is a subject you might be hearing more about in coming months, with interest rates rising instead of dropping as they have in the past few years….
Wallpaper is back and better than before
The past few decades have been bleak for the wallpaper business. During the second half of the 20th century, the wallpaper and coverings industry lost…
Ask the Expert: Are there any tax advantages to owning a home?
There can be all sorts of financial advantages to home ownership and some tax advantages, too. The primary financial advantage of homeownership, as…
Good news at tax time on your home sale
Here are three words you don’t hear everyday: Tax-free money. There aren’t too many things you can say that about, but for many homeowners that sell, it…
Escalation clause: This is my offer, but it’s really higher
If you want to buy a house in a very competitive market, an escalation clause might be something to consider. An escalation clause automatically raises…