If you have been considering selling your home, it might be worth listing it before the year is up. Multiple reports and surveys have come up showing significant buyer and seller optimism for this year, with 31% of people in the market expecting 2018 to be a better year than 2017. Available housing shortages are still driving heavy competition in the market, and eager homebuyers …
For the last five years or so, it seems like every interior designer and home buyer has been obsessed with the concept of an open floor plan. While this trend doesn’t seem to be going out of style, there are some buyers popping up who want to keep the effect of the open floor plan while defining the boundaries of certain rooms. This ideation is …
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It sounds like a made-up term, or a term for something that exists in a frat house only to be destroyed. But, a party wall is a real thing in the real estate industry, and are actually priority when pointing out features in an apartment or condo. A party wall is a shared wall that separates two separately rented or owned units, and are most …
What looks like a typo is actually one of the industry’s biggest upcoming trends. A “surban” area is defined as a suburban area that has the feel of an urban one. This means that buyers get the best of both worlds: the ability to park in their own driveway, let their dog out in their own gated yard, and then walk from their home to …
If you are house hunting in a neighborhood that has historic homes, they can be easy to fall in love with. They have charm and personality that more modern homes do not, and they have a built-in backstory. But, is buying a historic home worth it? Benefits For some people, buying a historic home just for the historical significance is enough. They get to contribute …
A Floor Loan is a type of loan that is designed specifically for real estate, and it refers to the minimum loan that a lenders agrees to advance in order for the builder to be able to commence construction and development of a project. This does not function like a normal loan, in which the borrower receives the entirety of the loan. Instead, the floor …
While the “Big 6” American Cities (Boston, New York City, Washington D.C., San Francisco, Los Angeles, and Chicago) will remain hot markets, consumers and businesses who are looking for a lower cost of living and operating are starting to flock to traditionally quieter cities. Because of this, many southern cities are set to beat the national sales growth average in 2018, with a projected growth …
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“Loft” is a term that comes up in apartment searches, especially in big cities where rentals are tight like New York City, Boston, Chicago, or San Francisco. But how is a loft different than a studio or an apartment? Often, a loft is just defined as a living space that doesn’t have defined spaces (i.e. no defined bedroom or living room.) Often, there is not …
If you are ready to buy a house and are looking at loan options, it is a great idea to see if you qualify for a government-backed loan. There are a couple of different options for government-backed loans, some with great benefits and some that are very similar to a conventional loan. Here’s a look at some loan types backed by the government: FHA Loans …
Littoral Land refers to land that is located next to a pooled body of water, like a lake or a sea. It is not to be confused with riparian land, which is land located next to flowing waterways like rivers. Because littoral land can also be used to describe ocean-front property, the property associated with it is usually quite expensive. Or, if it is not …