If you’re searching for drama, don’t limit yourself to Netflix. Instead, tune in to the real estate market, where the competition among buyers has never been fiercer. And with homes selling for record highs,1 the appraisal process—historically a standard part of a home purchase—is receiving more attention than ever. That’s because some sellers are finding […]
Real estate is "property consisting of land and the buildings on it, along with its natural resources such as crops, minerals or water; immovable property of this nature; an interest vested in this (also) an item of real property, (more generally) buildings or housing in general.
Residential real estate
Residential real estate may contain either a single-family or multifamily structure that is available for occupation or for non-business purposes.
Residences can be classified by and how they are connected to neighboring residences and land. Different types of housing tenure can be used for the same physical type. For example, connected residences might be owned by a single entity and leased out, or owned separately with an agreement covering the relationship between units and common areas and concerns.
Wagons Ho! People move. That’s nothing new. Young families leave expensive urban rental markets and move to more affordable suburbs where they are able to purchase a house. Retirees move from California to states where the tax rates are lower, the cost of living is lower, and where they can comfortably enjoy their senior years […]
Learn how to determine your current net worth and how an investment in real estate can help improve your bottom line. Among its many impacts, COVID-19 has had a pronounced effect on the housing market. Low home inventory and high buyer demand have driven home prices to an all-time high.1 This has given an unexpected […]
When you’re buying or selling a home, it’s crucial to work with a qualified real estate agent. Not just a professional, but an amazing agent and a market expert. So how do you ensure you’re hiring an amazing real estate agent? There are currently more than two million real estate professionals in North America. With […]
One of the most common questions that Realtors get is, “Can I Buy or Sell my Home Without Using a Real Estate Agent?” Here’s what we have to say on the subject. Today’s real estate market is one of the fastest-moving in recent memory. With record-low inventory in many market segments, including our own, we’re […]
While many areas of the economy have contracted, the housing market has stayed remarkably strong. But can the good news last? When COVID-related shutdowns began in March 2020, real estate brokers and clients scrambled to respond to the shift. Record-low interest rates caused some lenders to call a halt to new underwriting, and homeowners debated […]
For those of you who don’t know yet, Libby and I have just moved to Tennessee. We had been looking for a place to move to so we could slow down a little, and since Libby is from Knoxville, we decided that would be our new home. If this is news to you, you’re probably […]