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Focused on Residential and Commercial Real Estate

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Posts tagged "Residential Real Estate"

Residential real estate owners focusing on bath remodels in 2018

Now is an excellent time to sell a home considering that school is out. After all, families with young children do not have to worry about their children's schooling being disrupted. In preparation to sell their homes, some residential real estate owners in New York decide to complete remodeling jobs, with bathrooms being among the hottest projects in 2018.

New residential real estate property prices dropping

During the past several years, home purchasers in New York and elsewhere heard over and over again that home prices were going up. However, the cost of purchasing a newly built residential real estate property has dropped to its lowest level during the past year. This is excellent news for those interested in buying brand-new homes.

Certain hiccups can slow down residential real estate deal

After homesellers and buyers have negotiated a sales price, they can settle on a closing date. At this point, it may seem that they are in the clear. The reality is that a number of hiccups can derail even the smoothest residential real estate deal in New York.

Residential real estate market highly competitive

The home buying season this spring may be among the most competitive ones during the past several years. However, buyers in New York and elsewhere remain optimistic that they can still claim their dream homes. This information comes from a recently conducted residential real estate market survey.

Selling residential real estate can be complicated

Selling a house in New York may not seem complicated, but the reality is that many factors need to be considered. After all, a large sum of money is on the line. A few tips may help homeowners to avoid bungling the sale of residential real estate.

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.