The difference between the cost of buying and the cost of renting used to be fairly close. More recently, the gap has widened, and the choice has become obvious. The percentage of income required to afford renting a median priced home has increased to 30%, and that needed to …
If you've decided to sell your Greenwood home and are working with a real estate professional to guide you through the process, you have been asked what level of access you want to provide to potential buyers. There are many levels of access you could provide to your agent …
Core Logic's latest Home Price Index revealed home appreciation in three categories: percentage appreciation over the last year, for the last month, and projected over the next year. Below are the maps for each category.
Past - Home Appreciation over the Last Year
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The inventory of existing homes for sale is down 10.1% from last year. This explains the modest increase in sales, despite the huge buyer demand. This imbalance between supply and demand has caused the prices of existing homes to increase by 5.1%. If you are considering listing your home …
The National Association of Realtors, Fannie Mae, Freddie Mac, and The Mortgage Bankers' Association have all predicted that in the year to come, home sales will increase. This is great news for sellers in the Greenwood area, and for those who may soon purchase their dream home …
The latest Beracha, Hardin, & Johnson Buy vs. Rent Index supports the belief that housing markets nationwide remain a sound investment and reports that the U.S. housing market has continued to move deeper into buy territory. This quarterly report aims to inform its readers whether it is better to …
Once you've found your dream home in Greenwood, you want to make sure you make a good offer in such a competitive market so that your dream can become a reality. Below are "4 Tips for Making an Offer" covered by Freddie Mac in their latest Executive Perspective …
Homeowners want to sell their house for the best possible price with the least amount of hassles. However, the most important end goal is to actually get the home sold for most sellers. In order to sell a home for the best price with the fewest possible hassles, a …
Owning a home of your own has been a part of the American Dream since our country was founded. Today, being a Greenwood homeowner has many great financial benefits as well. Because of this, experts are concerned with the falling homeownership rate, the outcomes of which could be devastating. …
With home prices on the rise and a low inventory of homes for sale in today's market, some sellers may consider selling their home on their own, known in the industry as a