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residential real estate Archives

Maintaining residential real estate critical while selling it

Homeowners who are interested in selling their homes in New York may naturally assume they no longer have to worry about home maintenance once their homes are on the market. The truth is that completing maintenance tasks is just as important during the home-selling process as it is when one is living in the home. A few tips may help with maintaining residential real estate effectively when one's house is for sale.

Residential real estate inventory levels will rise this year

With 2018 in full swing, some consumers in New York may be contemplating buying homes this year. Residential real estate experts have emphasized that this year may be a smart time to move forward with home purchases due to factors such as moderate home price hikes and the current low unemployment rate. However, one of the biggest reasons to buy a house sooner than later is that inventory levels are starting to increase.

Selling residential real estate as part of divorce is common

Selling a house in New York can understandably be a stressful process. However, doing so as part of a marital split-up can be especially challenging. Unfortunately, divorce is a common reason for people to sell their residential real estate.

Residential real estate ownership may be impacted by new tax law

The future of homeownership in light of the new tax laws in the United States is up for debate. According to a recent survey, many individuals in the United States, including in New York, have concerns about how the new tax laws will impact their abilities to own residential real estate. However, at the same time, many homeowners indicated that they still plan to purchase homes.

Residential real estate is major financial investment

A home is one of the largest financial investments that individuals can make in New York and elsewhere. Unfortunately, buying residential real estate can also be one of the most complicated financial processes as well. A couple of tips may help those interested in diving into the real estate world by making a purchase.

Residential real estate can be a wise investment for many reasons

Investing in property in New York can be a wise move for a multitude of reasons. For instance, residential real estate investors can enjoy desirable rates of return and unparalleled tax advantages. However, several other benefits exist for investing in residential real estate.

Residential real estate market not quite like market 10 years ago

Ten years have passed since the real estate market crashed prior to the Great Recession. The current real estate market is characterized by higher home prices, high demand among buyers and an increased interest in flipping homes. Although today's market throughout the United States, including New York, resembles the pre-recession residential real estate market in some ways, some key differences exist.

Selling residential real estate can come with challenges

Selling a house in New York is an emotional and involved process. Especially for those who have never sold a piece of residential real estate before, knowing exactly where to start can be overwhelming. However, a few tips may help with navigating this multifaceted process.

Dark clouds over your real estate closing

Finding the perfect property in New York is a challenge. You probably checked out listings in multiple boroughs, searched for hours online and met with numerous agents before finding a place you want to call home. You may have scraped for a down payment, haggled with the seller and cowed to the lender. However, that may have been the easy part.

Residential real estate issues may easily scare buyers away

Even if a house in New York appears beautiful on the outside, it may have a couple of problems that may scare potential homebuyers away. The truth is that it does not take much to make a piece of residential real estate unappealing in the eyes of homebuyers. A few home-related tips may help to avoid losing out on potentially good buyers.