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residential real estate Archives

Residential real estate market in New York competitive

Navigating the process of buying a home can be challenging in any location. However, purchasing residential real estate can be especially confusing in markets that are highly competitive, like many in New York. Here are some tips for securing one's dream home in the Empire State.

Residential real estate appears to be revving up

Over the past several months, real estate experts have been fearful of the slowdown of the housing market and its potential effect on the economy. The good news is that this slowdown now appears to be on the verge of ending. Both residential real estate sellers and buyers in New York can benefit from this positive market trend.

Low-ball offer on residential real estate may work

When people shop for homes in New York, they understandably want to purchase residences at the most competitive prices possible. For this reason, it is not unusual for buyers of residential real estate to make low-ball offers. It is possible to get these types of offers accepted by employing a few strategies.

Doing research a wise move before selling residential real estate

According to new research, people who are interested in selling their homes across the United States, including in New York, have a tendency not to want to conduct relevant research first. Instead, they prefer to rush into the process of selling their residential real estate properties. Unfortunately, this can have unwanted consequences for homeowners.

A few moves can help with buying residential real estate

Some individuals in New York have decided to transition from renting houses to buying them this spring season. The residential real estate buying process, however, can quickly become overwhelming due to the many moving parts involved. Nonetheless, a couple of tips might help homebuyers to have positive purchasing experiences from the start.

Spring season a hot time to sell residential real estate

The market for residential properties is extremely hot at the moment in the United States, including in New York. For this reason, it may behoove homeowners who would like to sell their residential real estate to jump on the opportunity to do so right away. Here are a couple of tips that may help homeowners to capitalize on the current spring selling season.

Myths about selling residential real estate can be costly

With spring around the corner, some homeowners may be thinking about selling their homes soon. However, they may receive some well-intended yet bad advice about techniques for selling residential real estate. Here are a couple of common misconceptions about selling houses in New York and elsewhere.

Residential real estate inventory levels at historic lows

The quantity of properties that are available for sale in the United States, including in New York, has reached historic lows. This is a major reason that many buyers may be struggling to find affordable homes. On the flip side, this may be great news for residential real estate sellers, who may be able to unload their properties at higher prices than they could have in years past.

Add-on residences are a current residential real estate trend

Purchasing a home in New York can certainly be intimidating from a financial standpoint. However, many homeowners have found a way to ease the burden of paying off a hefty mortgage: buy two homes instead of one. This may sound counterintuitive, but it is possible for those who take advantage of add-on residential real estate residences, also known as ADUs.