Taking on the role of landlord is a huge undertaking. You have renters to find (and trustworthy ones at that), a property to look after, and being the go-between for the many different people involved in this process. Follow these tips to ensure that being a landlord is rewarding, rather than being a headache-inducing responsibility.
The Pros and Cons of a Virtual Home Tour
If you’ve been in the market for a new home or rental property, you’ve probably scoured the internet for options and, in many cases, you probably encountered a virtual tour.
Virtual tours are the new norm in most every sales-based business. If a customer can’t preview your product from the comfort of their sofa, they likely won’t be interested. It’s one thing to take a virtual tour of a resort or hotel that you’ll be spending a week at, but a completely different story when it comes to finding a place to call home.
February 2022 Market Report
With January 2022 tucked securely up under our belts, the new year is in full swing, and everyone is wondering what we can expect across our Front Range from the 2022 housing markets moving forward. Is this the best time to buy? The best time to sell?
Year over year stats shows only slight changes because one area, purchase options, continues to stagnate. Lack of inventory skews sales numbers as well as price information. Would sales be higher if more homes were available? Would prices change accordingly? A Realtor friend in Toledo, Ohio, expressed it well: “In a market that usually has 2-3000 homes available for sale, it’s impossible to make predictions based on the only 800 or so currently on the market.”
Will Housing Inventory Increase in 2022?
If you’ve been following the real estate market, you probably know that it has been many months since buyers and sellers enjoyed anything like business as usual, with record-low interest rates and inventory in markets both large and small. But now we may be able to envision a return to a real estate market that’s a little more like normal.
The Benefits of Accepting a Cash Offer
Buying and Selling in the Summer Season
In most markets, the Spring season is the most important time of year for buying or selling a home. However, with stay-at-home orders imposed in many markets by mid-March, some new listings never saw the light of day. In addition, tightening in the mortgage markets and job uncertainty discouraged many buyers from looking for a new home this year.
Here’s What to Expect During the Appraisal Process
While many home buyers and sellers are familiar with the home inspection that occurs at the beginning of the contract period, they may be less familiar with another inspection that can have an even greater impact on the home sale: the appraisal. The home appraisal looks at the property, both individually and within the context of its market, to determine whether it is being sold at fair market value.
How to Choose the Ideal Home Location
Top 7 Things You Need to Know Before House-hunting on Zillow
Just as Kleenex has become the name for any brand of facial tissue and “to Xerox” is used as a verb for making copies, Zillow is the first name in online home search with 196 million unique visitors last year. That’s about double the number that Realtor.com enjoyed during the same period, making Zillow the platform that, in many ways, drives the real estate industry.