Market Updates

Jan. 24, 2019

The New Rules of Neighborly Etiquette: Do You Know Them All?

RDC_neighbor-etiquette

Neighborhoods just aren't the same as they used to be.

Gone are the days when everyone on your street knows you and waves when you pass one another by. One recent study by the City Observatory found that only about one-third of homeowners know their neighbors by name! That ...

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Posted in Market Updates, News
Jan. 4, 2019

How to Stage a House for Free: 7 Ideas That Don't Cost a Dime

minimal-house-staging

One of the most common mistakes sellers make is assuming they need to sink a bunch of money into home staging. Some choose the expensive route—swapping out their furniture and art at the behest of a hired professional home stager—but that's not the only way to impress potential buyers ...

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Posted in Market Updates
Dec. 19, 2018

7 Reasons to Accept the First Offer on Your House

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How do you know you've found The One? The one offer on your home worth taking, that is. It's entirely natural for sellers to consider multiple offers from interested buyers, but in certain circumstances, the first offer you receive may actually be the one you should accept.

Why ...

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Posted in Market Updates, News
Dec. 7, 2018

The No. 1 factor that can drive up your mortgage costs

Couple Using Calculator

Time is not on your side when it comes to an escrow.

The mortgage process can be a bureaucratic, complicated gauntlet that punishes today's borrowers more often than not. One of the many factors that borrowers must consider is the opportunity to lock in a mortgage rate.

A rate ...

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Posted in Market Updates, News
Dec. 5, 2018

7 things that can increase the cost of selling a house

Slide 1 of 9: Selling your home can be an expensive process riddled with hidden fees. Staging, pre-sale inspections, real estate commission fees and closing expenses are among the many costs that can easily add thousands to selling a house.These costs also vary significantly depending on where you’re selling. For instance, some states require that sellers hire a real estate attorney, while others don’t. Real estate transfer taxes also differ by state and, in some cases, by city. Some states don’t have them at all. Fees also can vary by mortgage lender. “You have to look at where the variations are bank to bank, municipality to municipality and state to state,” said Linda Page, the 2018 National Association of Realtors (NAR) regional vice president for New York, New Jersey and Pennsylvania. If you’re selling your home, you should be aware of the expenses that can be involved. We’ve broken down some of the most common costs associated with selling a home so that you know what to be prepared for.

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Posted in Market Updates
Nov. 14, 2018

'Tis the Season (to Sell): 6 Reasons You Shouldn’t Take Your Home Off the Market for the Holidays

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As we careen at warp speed toward Thanksgiving, Christmas, and all of the joyous (read: stressful) festivities in between, you might be tempted to take your home off the market—or hold off on listing it—until after the new year. After all, you’re swamped with cooking, shopping, and decorating, and the ...

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Posted in Market Updates, News
Nov. 5, 2018

Existing-Home Sales Increase for the First Time in Six Months

October existing-home sales increased last month, after six straight months of decreases, the National Association of REALTORS® reported Wednesday. Three of four major regions saw gains in sales activity last month.

Total existing-home sales, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, increased 1.4 percent ...

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Posted in Market Updates
Oct. 26, 2018

5 affordable ways to add value and style to your home

Slide 2 of 22: If you are looking for a simple and inexpensive home improvement, you can't get more low-tech than painting. With nothing more than a gallon of paint and a few brushes and rollers, you can give any room in your home a new lease on life. Whether you want to brighten up the kitchen or create a more romantic environment in the bedroom, you can do it all with a fresh coat of color.

 

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Posted in Market Updates
July 31, 2017

Curious About Local Real Estate?

Receive the Latest Local Market Stats

Curious about local real estate? So are we! Every month we review trends in our real estate market and consider the number of homes on the market in each price tier, the amount of time particular homes have been listed for sale, specific neighborhood ...

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Posted in Market Updates