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If there has ever been a good time for house hunters to master the art of negotiation, it's now, with home prices near historical highs and rising mortgage rates contributing to the highest monthly...
Negotiating for the purchase of a home could allow you as a buyer to secure a beneficial deal. Common negotiation asks include lowering the purchase price, as well as paying for home repairs, home ...
Ask family members and friends for recommendations on real estate agents, and always hire a buyer’s agent. These home buying tips include several recommendations for hiring a good real estate ...
Say your gross monthly income is $5,000 a month, and you typically pay $700 a month to your mortgage, $500 a month to credit cards and $250 a month to a personal loan — a total of $1,450 in ...
Real estate economics is the application of economic techniques to real estate markets. It tries to describe, explain, and predict patterns of prices, supply, and demand. The closely related field of housing economics is narrower in scope, concentrating on residential real estate markets, while the research on real estate trends focuses on the ...
The intimidating part: the negotiation. Especially in the current seller’s market. According to a report from Freddie Mac, the housing shortage has recently increased by 52% from 2.5 million […]
House prices and interest rate are not correlated," said Duncan. "What is correlated to interest rates is the number of homes sold." Even with low inventory, home sales were highest in 16 years in ...
From record-high mortgage rates to limited supply, the housing market has changed significantly over the past few years. If you are hoping to buy or sell your home this year, it is important to...