What’s going on in Real Estate: September 16, 2022

Getting Your House Ready To Sell? Work with an Agent for Expert Advice

“To stand out in the market, sellers should make their home attractive to buyers, which usually means some selective updates.”

“This year, the winner was hardwood flooring. Hardwood floor refinishing and putting in new wood flooring had the most significant value, . . .”

Bottom Line

Three Things Buyers Can Do in Today’s Housing Market

“Compared to one year ago, the monthly mortgage payment rose to $1,944 from $1,265, an increase of 53.7%.”

“Area growth is likely to keep pace with the market, which means that the outskirts of town might be hopping within five years. Consider stepping out of your ideal location by searching in the nearby cities. You may find better prices and more square footage.”

“A variety of mortgages are available with varying down payment and eligibility requirements.”

“Many local governments and non-profit organizations offer down-payment assistance grants and loans, targeted to area borrowers and often with specific borrower requirements.”

Bottom Line

Is the Real Estate Market Slowing Down, or Is This a Housing Bubble?

Bottom Line

Buyers Are Regaining Some of Their Negotiation Power in Today’s Housing Market

Bottom Line

A Crucial First Step: Mortgage Pre-Approval [INFOGRAPHIC]

Some Highlights

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