Author: Scott Gibbons

When putting a home on the market, there is a lot to consider. How will you find a REALTOR®? What should you price the home? And the big one—is the home ready to sell? Most sellers know to get rid of clutter and fix any big or obvious problems. But what else can sellers do to get top dollar for their home? The National Association of REALTORS®’ consumer website HouseLogic has identified some staging tips for various rooms in a home. After all, NAR research shows that 81 percent of buyers believe it is easier for them to picture themselves in a home when its staged. To… Read More
Source: REALTOR News

One of the things homebuyers think about when preparing to purchase a new abode is how long they expect to be there. This is not only true for first-time buyers who are weighing whether to continue renting or buy, but for buyers of all ages. And while many mortgages last 30-years, homebuyers typically do not stay those full 30 years. But how long do they stay? According to the National Association of REALTORS® 2016 Home Buyer and Seller Generational Trends report, homebuyers between the ages of 61 and 69 expect to stay in their homes the longest when compared to all other age… Read More
Source: REALTOR News

The National Association of REALTORS® hosted government, industry and academic leaders at a symposium this month to discuss mortgage credit issues. Throughout the conversation, one question kept coming up: How do we make credit available to responsible borrowers who don’t have a credit history?

More than 40 million people in America have what is known as a “thin file,” meaning their credit history is either short of… Read More
Source: REALTOR News

Stagnant wage growth, underemployment, rising home prices and tight inventory have all been pinpointed as reasons why the homeownership rate for young adults remains subdued at levels not seen in decades. According to new data from the National Association of REALTORS®, you can add repaying student debt to the list of barriers holding back millennials from buying their first home.

Earlier this month, NAR released a new survey looking at the home buying… Read More
Source: REALTOR News

You’ve signed the papers, made the down payment and the keys are in your hand. You own your first home! That’s when the question that all new homeowners face appears: what exactly should you do next? Should you change the locks? Clean every nook and cranny?  Make friends with your new neighbors? When you are a new to homeownership, the list of responsibilities can feel overwhelming at first, which is why the National Association of REALTORS®’ consumer website HouseLogic provides new homeowners with tips on what first steps they need to take to make sure the… Read More
Source: REALTOR News