Understand AVMs to Maximize Your Home’s Appraisal Value

Technology has transformed the way homes are appraised, and a new set of rules has emerged for sellers looking to maximize their home’s appraisal value. Understanding modern appraisals is essential, as appraisal value is critical in determining a home’s asking price.

Traditionally, home appraisals were done manually by professionals who used their expertise… Read More

National Home Sales Down, but Prices Still at Record Highs

Existing-home sales saw a decline in June, with every sales region across the country reporting drops in year-over-year sales. However, according to the National Association of Realtors (NAR), month-over-month sales were more variable, with increases in the Northeast, decreases in the South and West, and stability in the Midwest. Home prices, meanwhile, held firm in most regions of the country. According to Lawrence… Read More

The Pros and Cons of Seller Financing: What You Need to Know

In the last year, interest rates have surged—with the average mortgage rate more than doubling. This rapid rise has left some homebuyers seeking alternative financing to fund their property purchases. As a result, private financing options have gained popularity in the real estate market. According to data from Realtor.com, the mention of private financing in property listings reached 1.08% in February… Read More

Here’s What’s Trending for Kitchen Renovations

Planning to renovate your kitchen? You’ll want to know the latest trends. Houzz recently conducted a survey of 2,380 U.S. homeowners to learn about their kitchen renovation plans and preferences. Here are some of the most interesting findings:

Sustainability Tops the List
Ninety-two percent of those surveyed said they incorporate sustainable features when they’re doing a kitchen renovation, with LED bulbs and energy-efficient appliances being the most popular choices. Water-efficient fixtures and energy-efficient windows are also becoming increasingly… Read More