real estate terms

Does Big Data Impact the Accuracy of Your Property Value?

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 »

Does Your Credit Score Impact Your Home Buying Power?

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 »

3 Ways Drones and Aerial Footage of Your Home Can Be Used with Your Property Survey

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 »

Should You Buy a Home in an “Up-and-Coming” Neighborhood?

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 »

Are Open Houses a Thing of the Past?

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 »

How to Know When It’s Time to Lower Your Listing Price

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 »

Phone phone