There has been a lot of talk lately about inflation and how that is impacting areas of everyday life. Your local real estate market feels the ripples of inflation in quite a few different ways. Let’s gain a better understanding of what you can expect with your house on the market by looking at what … Continued
Even in today’s seller’s market with low inventory and high demand, home sellers in Billerica still need to carefully consider offers – beyond the dollar amount – and reject some. Some buyers are just too picky and have unrealistic expectations, others really aren’t qualified buyers, and still others include things in their offer that are … Continued
“Housing bubble” (or “real estate bubble”) is a term you hear a lot these days. It pops up frequently in conversations about the real estate market. And you’re probably aware (at least vaguely) that we had one just a few years – one that burst dramatically. So, like most of us, you’re probably wondering what … Continued
You know that before listing and trying to sell your house, you’ll have to make some fixes and possibly some upgrades. But where do you start and what, exactly should you do? If you’re like most of us, you don’t have the cash on hand for major renovations or an all-out remodel (which may not … Continued
We’re still in a seller’s market, but that doesn’t mean your home is guaranteed to easily sell.1 If you want to maximize your sale price, it’s still important to prepare your home before putting it on the market. Start by connecting with a real estate agent as soon as possible. Having the eyes and ears … Continued
Selling a house today is both easier and more difficult than it used to be. It’s easier in that you’ll likely get multiple offers owing to low inventory and buyer competition. It’s more difficult because now you have to evaluate those many offers and choose the best one. And the amount of the offer, the … Continued
When a homeowner sells a home or property, they are usually obligated to pay capital gains taxes after filing their taxes and entering the sales details. The typical amount of capital gains paid by the seller is either 12%-15% in some instances. For short terms capital gain even higher is some cases. These taxes can … Continued
The annual inflation rate in the United States is currently around 7.5%—the highest it has been since 1982.1 It doesn’t matter if you’re a cashier, lawyer, plumber, or retiree; if you spend U.S. dollars, inflation impacts you. Economists expect the effects of inflation, like a higher cost of goods, to continue.2 Luckily, an investment in … Continued
Pricing a home correctly for both a quick sale and the best sale price possible is no simple feat. And it gets even more complicated when you consider the various valuations for homes such as the assessed value and the market value. With all these figures rolling around in the mix, it’s difficult to know … Continued
