Posts with tag 'Down payment'
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- 2026 | 16 Posts
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22
What to Expect as the Market Cools Down
It's no secret that the housing market has been HOT for the past several years. However, all market trends eventually come to an end. Buyers have started asking our real estate agents whether things are finally cooling down and what they should expect going forward.
While no one has a crystal ball, the latest data shows that inventory is creeping up, some homes are staying on the market for longer, and some home sellers are cutting prices. What does this mean for you and your home buying or selling prospects? Here are a few of our predictions.
25
October 2021 Market Activity in Livingston County
Thinking of buying or selling a home in Livingston County? The more you know about the latest trends in the local real estate market, the easier it is to accomplish your goals. We keep a constant eye on the real estate trends in our area so that you can make informed decisions based on the latest data. Our real estate agents have all of the details in our report on October Market Activity for Livingston County.
9
4 Tips for Buying a Vacation Home
If you've dreamed of owning a vacation home your whole life, you're certainly not alone. Vacation home purchases were up 16% in 2020, an increase that was driven by the pandemic and the flexibility of remote work. Whether you need a new place to rest and relax, or you're looking to supplement your income with a rental property, it's easy to see the appeal behind investing in a second home.
Especially here in Livingston County, with our close proximity to relaxing lake living.
15
What to do When You're in a Bidding War
When the real estate market favors sellers, our real estate agents know that it's common for homebuyers to get into a bidding war. A bidding war occurs when two (or more) potential buyers put in offers on a home at the same time.
If one offer includes terms or conditions that are more favorable, the seller can select that offer. However, it's also possible that the buyers will need to revise their offers one or more times until one offers a higher price. Here are some guidelines to follow when you're in a bidding war.
1
VA Loan Changes for 2021
Our real estate agents work with many military veterans interested in buying a home. Servicemembers have unique access to a special mortgage loan program sponsored by the Department of Veterans Affairs. Known as the VA home loan, it provides mortgage loan options with favorable terms and few upfront costs.