Remove tag buying-a-home
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Turnkey homes vs. fixer-uppers: The best home for your wallet

Housing Wire

While turnkey properties come with a higher price tag , they can be a cheaper investment in the long run. According to a study conducted by Buildword , 53% of buyers who purchased a fixer-upper exceeded their budget, compared to 15% of buyers who purchased a turnkey home. How much house can you afford to buy? Projects to avoid.

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Selling your home? Make sure you’re aware of hidden costs

Housing Wire

It’s no secret that buying a home takes time and money. Well, it turns out, so does selling a home. According to Zillow and Thumbtack’s Hidden Costs of Selling Analysis , the average homeowner spends over $15,000 in “hidden costs” to sell their home. . Are you thinking about selling your home?

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New home sales continue to climb in 2023

Housing Wire

New home sales started off 2023 on a positive note, rising 7.2% from December to a seasonally adjusted annual pace of 670,000 homes, according to data published by the U.S. On a year-over-year basis, however, new home sales are still down 19.4%. January marked a surge of people signing contracts to buy new homes.

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Opinion: Improving housing affordability without exposing homebuyers to more risk

Housing Wire

According to the National Association of Realtors ’ (NAR) Housing Affordability Index , since spring of last year, a typical family with a median income have not been able to afford a median-priced home. It is no secret that there is a housing affordability challenge in the U.S.

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What Does Active Listing Mean in Real Estate?

HomeLight

You want to fall in love with a home you can actually buy, so you’re watching for active listings as you search real estate sites. But then you notice that some homes have an “active” status label that includes additional words, like active first right, active kick-out, or active no-show.

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5 steps to choosing a home that will appreciate

Housing Wire

Due to low inventory, sellers are able to put their homes up at a higher rate. The problem is, rushing to buy property might force you to settle for a house that won’t reward you financially. If you’re a buyer, you want to make sure you’re purchasing a home that’ll increase in value. Buy A Fixer-Upper.

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DIY projects to increase your home value

Housing Wire

In the past year, there’s been an upturn in home improvement projects. According to a survey completed by Bid-On-Equipment, 89% of American homeowners made some sort of improvement to their homes during the pandemic. With so many American’s spending time at home, this really shouldn’t come as a surprise. Projects to avoid.

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