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Buyers might want to sit down for this: Homes flew off the market like the hottest of hotcakes in the first quarter of the year—causing prices to rise even higher than predicted in many parts of the nation. The median price of existing single-family homes hit $232,100 in the first quarter of the year, according to
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May 15, 2017 4 things first-time homebuyers need to knowBuying a home is likely the biggest purchase you’ll ever make, and it’s not always an easy one. Low inventory has pushed home prices up in cities throughout the country, giving sellers an advantage. Homes sell fast, bidding wars break out and offers above the asking price are common. All of this means that buyers
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Remember the days when all you had to do was clean up your home before showing it to potential buyers? You yelled at your kids (and mostly at your husband) to collect underwear, toys and tools from the floor. And, with any luck, they put them where they belonged, or at least shoved them into
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Jul 10, 2015 When Home Sellers Stay on as TenantsWhen Rosemarie Roussel sold her one-bedroom co-op in Midtown Manhattan in late 2015, she also lined up a great deal on her next home: the same apartment. Mrs. Roussel, 82, a retired fashion designer, sold her roughly 675-square-foot unit in October 2015 to her next-door neighbors for $585,000—$36,000 above asking price, plus a special request.
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