Some of them have been around since you were a child. Some you may have found in college. Some may even be in your neighborhood or at work. No, we’re not talking about your sweater collection—though sweater season is in full swing. We’re talking about your friends. You know, the people who you rely on,…
Generation Z, born between the mid-1990s and early 2010s, is starting to make its mark in the housing market. Here are some ways this upcoming generation is influencing the real estate industry: Homeownership Aspirations: Despite being younger, many Gen Z individuals already have aspirations of homeownership. They understand the value of investing in real estate…
The process of buying a home is deeply personal, shaped by life stages, priorities, and cultural trends. From first-time buyers to retirees, generational differences play a significant role in shaping what people look for in a home and how they go about finding it. Let’s explore how home shopping varies by generation and what these…
Searching for your dream home has never been easier, thanks to the plethora of online resources available today. With just a few clicks, you can explore thousands of listings, compare prices, and even take virtual tours—all from the comfort of your own home. However, navigating the world of online real estate can be overwhelming. Here…
When it comes to where mortgages are concerned, “escrow” and “escrow accounts” refer to two slightly different concepts. Escrow is the process by which a neutral third party mediates a real estate deal, holding money and property “in escrow” until the two sides agree that all the conditions are met for a sale to close. By contrast,…
For anyone buying or selling a home, the Multiple Listing Service (MLS) is a key resource that simplifies and organizes the process. But what exactly is the MLS, and how does it benefit both buyers and sellers? This blog will dive into the MLS, explaining what it is, how it works, and why it’s such…
In today’s competitive real estate market, buyers often face multiple-offer situations where a property receives numerous bids. In such scenarios, an escalation clause can be a powerful tool to help buyers stand out. But what exactly is an escalation clause, and how does it work? This blog will explain escalation clauses in real estate, when…
From searching for homes to picking up your new keys on closing day, buying a home is an exciting process. Many first-time homebuyers also have the benefit of receiving advice from family members or friends who’ve already gone through the process. While it is certainly good to hear a few different perspectives while you’re buying…
Investing in rental properties can be a lucrative and rewarding venture. Here are some key benefits to highlight in a blog about the advantages of investing in rental properties: Steady Cash Flow: Rental properties provide a consistent stream of income through monthly rental payments. This cash flow can help cover expenses, such as mortgage payments,…
Pandemic-related mortgage bailouts are ending, and foreclosures are now rising. Foreclosure stats jumped 32% in the third quarter of this year from the second quarter and were 67% higher than the third quarter of 2020. With foreclosures flooding the market, it’s “standing room only” at real estate auction sales these days. Those properties are selling…