GypsyPictureShow / Shutterstock.com With 30 years of reselling, I’m the go-to person when friends need a quick appraisal. And over the years I’ve noticed a recurring phenomenon: Old items that most people consider valuable usually aren’t, and the things they want to throw away are often hot collectibles. Here’s why: Many of us get our … Read more
Lately, homeowners have been turning to their equity for their liquidity needs. After all, most already have a very low fixed mortgage rate and don’t want to disrupt it in any way. If they were to go the cash out refinance route, they would lose their old low rate and end up with a much … Read more
Marge Johnson / Shutterstock.com Investing in home renovations may seem like a great way to boost the value of your property. However, some features may not yield the return you’re hoping for when it’s time to sell. Real estate experts highlight upgrades you might want to think twice about before committing to them. Here are … Read more
I often try to find glimmers of hope in bad situations. The latest issue facing potential buyers is the return to mortgage rates of 7%, down from around 6% just a month ago. While there is no clear negative correlation between mortgage rates and home prices, as one goes up and the other goes down, … Read more
The National Association of Realtors (NAR) reported that the share of first-time home buyers has fallen to an all-time low of just 24%. This figure is down from 32% recorded a year earlier, based on transactions carried out between July 2023 and June 2024. At the same time, the typical age of a home buyer … Read more
Pernell’s Journey / Shutterstock.com With 30 years of reselling, I’m the go-to guy when friends need a quick appraisal. And over the years I’ve noticed a recurring phenomenon: Old items that most people consider valuable usually aren’t, and the things they want to throw away are often hot collectibles. Here’s why: Many of us get … Read more