Is a Housing Bubble About to Burst?
Folks have been asking whether they should be concerned about a housing bubble bursting like it did in 2008. Rest assured--there is no housing bubble.…
Category: Real Estate
Not-So-Simple Questions
Many people want simple answers to their simple questions, but sometimes that is not possible. In real estate, as in so many things in life,…
Using Buydowns to Reduce Interest Rates
To qualify for a home loan, you’ve got to convince a lender that you’re worth the risk. Lenders look at the size of the loan…
How Does Inflation Affect My Ability to Buy a House?
This is one of my favorite quotes from my all-time favorite president:“Inflation is as violent as a mugger, as frightening as an armed robber, and…
Proceeds Versus Profit
Last week, I shared information about how to avoid nasty surprises from Uncle Sam when you sell your house, specifically regarding capital gains tax. Since…
Selling One Home to Buy Another
Oftentimes, I share real estate information from the perspective of either the buyer or the seller, but what if you’re both? Unless you’re a first-time…
Should I Sign the Arbitration Clause?
If your Realtor seems cagey about advising you on certain aspects of your purchase agreement, they may be navigating that tricky line between supporting you…
Free Advice Isn’t Free
Recently, an experienced Realtor shared a story that is all too familiar. A community member, let’s call him Joe, approached her asking for advice about…
Selling in Winter
Although most folks think spring is the best time to sell a house, there are some distinct advantages to selling in winter—the biggest of which…
Beware the Tax Consequences of Selling Your House
If you own a home, it’s probably your most valuable financial asset, so if you decide to sell, you’ll want to walk away with as…