What Exactly is Big Data? In real estate, big data refers to the collection, storage, process, and analysis of data related to the sector of business in all areas of real estate transactions. This information helps to anticipate opportunities and trends, which in turn helps consumers (both buyers and sellers) to make more informed and […]
Does Big Data Impact the Accuracy of Your Property Value? Read More »
It seems that no matter where you look or listen these days artificial intelligence, or AI, is never very far from the spotlight. In fact, when you begin to peel back the layers of the subject of AI, you may realize that AI has already infiltrated the way we live in 2023. E-commerce, cybersecurity, robotics,
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When touting the best real estate websites for the current year, naturally thoughts about some of the perennial, big name, home search websites might come to mind. However, in 2023 when the real estate market may feel overwhelming to navigate, these five websites should be at the top of your list when it comes to
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With home prices starting to come down and interest rates continuing to climb, it is important to understand how your credit score can impact your home buying power because as goes your interest rate, so goes the price of your monthly mortgage payment and thus, overall interest you will pay over the life of your
Does Your Credit Score Impact Your Home Buying Power? Read More »
If you are a homeowner, you know that property surveys are completed to establish and validate land boundaries. This includes the plot of land a home sits on, as well as any below-the-surface improvements such as a well or a septic tank. Surveys also identify other conditions or possible restrictions that deal with the legal
3 Ways Drones and Aerial Footage of Your Home Can Be Used with Your Property Survey Read More »
There are many steps involved in qualifying for a mortgage loan. With home prices beginning to level out, interest rates have risen. It is important to understand all facets of the home loan in order to qualify for it. Thankfully, there are some steps you can take ahead of time to make sure you are
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As the real estate market has been in unprecedented cycles for the past few years, many potential buyers are becoming open to scenarios they may not have even considered in previous years or other economic situations. One such consideration might be widening your search criteria to consider what is known as an “up-and-coming” neighborhood. Other
Should You Buy a Home in an “Up-and-Coming” Neighborhood? Read More »
Whether you have ever bought a home, sold a home, or simply seen an advertisement for a real estate agent, you may have wondered, exactly, how a real estate agent gets paid and who pays them. There are actually a number of ways real estate professionals can use their training and license to earn a
How Do Real Estate Agents Get Paid and Who Pays Them? Read More »
Historical Context According to some historians, real estate open houses, or similar concepts date back as early as the 1910s. Then called an “open for inspection,” event, buyers would open their homes to the public so that interested parties could step inside and inspect the home’s features. Over the next 20-30 years, a variation of
Are Open Houses a Thing of the Past? Read More »
Within the last 12-18 months, the national real estate market has experienced historic, nearly unprecedented trends. Home buyers have foregone inspections and appraisals. Sellers have gotten multiple offers even before a multiple listing service (MLS) link goes live. They have offered over asking price, putting large sums of cash to cover a sale beyond what
How to Know When It’s Time to Lower Your Listing Price Read More »
