March 2022 Real Estate Roundup
Mortgage interest rates have started to go up although real estate sales are still pretty brisk in many markets. There may be a final last-minute dash to buy homes to lock in lower mortgage rates. Time will tell though where interest rates fall out and what happens with the housing market. Check out the great real estate reads in this month’s roundup to increase your real estate knowledge.
Handling Multiple Offers On A Home
Homes in many markets are still seeing multiple offers by buyers wanting to buy a home. Sellers facing multiple offers may get confused by the multiple offers and different terms they have to consider. In this article by Bill Gassett he covers bidding wars and what sellers should know. Highest price is not always the best offer especially when there are cash offers and offers waiving contingencies as explained in the article.
Risks Of Not Using A Real Estate Agent
Real estate transactions can be complicated and have plenty of risk due to the large amounts of money involved. Buyers and sellers of real estate can help reduce risk by working with a real estate agent as Luke Skar explores. Real estate agents work with real estate transactions on a daily basis and have a very good understanding of what is involved. By having an expert in your corner the chances of getting tripped up with some technicality will be reduced.
Living In A Gated Community
In this article by Sharon Paxson she explores the disadvantages of living in a gated community. While some may think a gated community might be a good place to live there are some drawbacks. From having an HOA who manages the community, to limiting visitor access the drawbacks can outweigh the positives depending on one’s preferences. Read the article to learn more about why a gated community may not be all that it is cracked up to be.
Inflation and Home Prices
In this helpful article from Vicki Moore she explores how inflation is having an impact on the housing market. The article explores how inflation affects both buyers and sellers and what they will be facing when buying or selling. It looks like inflation will be sticking around for a little while and causing some trouble with budgets for many. By understanding the impact of inflation those wanting to buy or sell a home can be prepared for possible sticker shock.
Home Contractor Hiring Tips
Getting work done in a home can be a challenging task with trying to find a good contractor who will do a good job. Too many fly by night contractors are willing to offer great deals on doing work for your home but end up doing a poor job or not finishing. In this article by Michelle Gibson provides some great tips for hiring a home contractor. Hiring the wrong home contractor can leave your home in a worse situation that will cost much more to get right.
Tankless Water Heaters
Tankless water heaters can help you save energy and water as this article by Kevin Vitali explores. Whether it makes sense to convert to a tankless water heater though is a question homeowners should explore before taking the jump as Kevin Vitali explores. Homeowners need to consider how many people in the house need the hot water at the same time, how much does a tankless hot water heater cost in relation to a regular water heater in addition to other helpful thoughts to consider.
Understanding The Real Estate Listing Contract
When putting a home on the market for sale the listing agreement is what sets the terms between the real estate broker and the homeowner. In this article by Paul Sian he takes a look at the important terms that homeowners need to understand when signing a listing agreement. The listing agreement will cover terms such as the length of the listing, the commission rate charged on closing, how marketing is handled and more. Homeowners need to understand all contracts put in front of them so they can make a decision as to whether that contract makes sense for them.
Tips For Moving To Florida
Florida is one of those hot travel and move to destinations due to economic and weather factors. This article from Petra Norris provides a great guide for those wanting to move to Florida and establish residency. Moving alone is usually not enough to meet residency requirements in order to get the benefits of living in Florida. Be sure to check out this article if you plan on moving to Florida or are just curious as to how the process of establishing residency works.
Security Products For Your Home
As technologies have improved the home security product offerings have improved quite a bit and have become more affordable than ever before. Alex Capozzolo discusses three of these products and the benefits they offer towards securing your home. These products are easy to install as well as affordable and homeowners installing them can add value and benefit to their home.
Building A Raised Garden Bed
With food prices increasing and the possibility of food shortages happening all over the world growing your own can be a wise step. In this article by Deanna, that also includes a great YouTube tutorial video , she covers how to build a raised garden bed. From the type of wood you should be using, how to seal the wood to make it last longer and includes great tips on how to build a healthy soil. Be sure to check it out if you want to build a raised garden bed.
Which articles from the above list did you enjoy they best? What other articles have you read that you find interesting from a real estate perspective? Please comment below!
Real Estate Roundup for March 2022 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 14 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!