Six months down and six to go in 2023.  2023 is unique due to high mortgage rates and low inventory.  Fewer buyers are out and about looking for a home and now that we are in summer sales typically slow down due to fewer buyers and sellers being available to sell their home.    Prices on homes vary by location and there are still bidding wars in some markets though not as intense as in the past.  Read on for enhancing your real estate knowledge with these articles.

Finding Hidden Real Estate Deals

With this market with fewer sellers putting their home on the market due to worry about buying their next home it helps to look beyond the normal sources for buying your next home as Bill Gassett explains.  Some of these sources are easily found such as talking with friends and family about potential homes for sale, rent to own and for sale by owner websites.  Home buyers need to be creative to look for homes that may be for sale outside of the usual sources.

Smart Home Tech & Apartment Buildings/Multi-Family Buildings

As the world adopts more smart technology in general, renters will want that smart tech available in a home they rent as Alex Capozzolo explores.  Investors who own rental units that offer smart technology can get more rent for those properties compared to units that don’t have the same features.   Things like smart locks, app connected thermostats, smart security systems, smart lighting and more are a big draw for renters.

Innovative Garden Techniques to Try in 2023

Whether you enjoy gardening to grow your own food or want to garden to enhance the curb appeal through beautiful landscaping this article from Karen Highland is for you.  In the article Karen provides ten different gardening/landscaping ideas a homeowner can use.  Things like hydroponics, no till gardening, vertical gardening and more are discussed.  Even if you don’t have a green thumb the tips in this article are helpful to guide any future landscaping projects.

What to Know About Dormers

A dormer is an added feature to a roof of a home that can help extend the footprint of the room and add a source of natural sunlight as well.  There are a lot of different types of dormers as Kevin Vitali explores. There are a number of different factors to consider when adding one or more dormers to a home.  Homeowners need to consider required permits, work with experienced architects and make sure the dormer addition will fit with the aesthetics of the home and the neighborhood.

Rent to Own Homes?

You may have seen rent to home opportunities in your local market but the way it works can vary.  In this article Paul Sian shares what does it mean when looking at a rent to own home?  There are different ways/different types of contracts when looking at a rent to own home.  The terms can vary and the rights of the tenant can vary so it is important to review all contracts and fully understand them before signing on the dotted line.

Selling a Home with Solar Panels

When selling a home with solar panels potentials buyers will have plenty of questions before they make an offer.  Having answers to those questions ready to go for buyers can help get the home sold.  In this article by Joe Boylan he explores the different ways solar panels can be paid for when having them mounted to the home as well as the considerations to account for when selling the home.  Homeowners need to be proactive in sharing with potential buyers how the home sale needs to proceed in light of the solar panels.

Tips for Managing Your Home Finances

Managing finances is an important rule of thumb to have for success in life.  For success in homeownership managing finances is also quite important.  Having enough savings for when the emergency repair pops up can keep the homeowner in their home and enjoying the comforts of it versus finding their home unlivable. In this article by Michelle Gibson she provides seven great tips to manage home finances.

Appraisal Factors that Impact Home Sales

When buying a home or investment property with a mortgage generally an appraisal will be required.  The appraisal lets the lender know that the property has enough value to support the mortgage in case the borrower is not able to make payments for whatever reason.  In this article by Tom Horn he provides some insights into the appraisal process and explains the impact certain aspects of the appraisal will have on home sales in general.  Home sellers, home buyers and real estate agents should understand the appraisal process as part of buying or selling real estate.

What articles from June 2023 did you find to be helpful or informative?  Feel free to share those in the comments below or let us know which articles from the above helped you out the most.

Real Estate Roundup for June 2023 was provided by Greater Cincinnati Area Luxury Realtor Paul Sian of United Real Estate Home Connections. Paul is a licensed real estate agent in the states of Ohio and Kentucky and has over 16 years of experience. Do you have a home you are ready to sell now in Greater Cincinnati or Northern Kentucky? Be sure to contact me now!