There is no doubt that the largest challenge in today’s housing market is a lack of housing inventory for sale. This challenge has been defined as an “overwhelming lack of supply,” and even a “straight up inventory crisis.” First American just released the results of a survey which sheds light on the reasons for the current lack of supply. The survey asked title… Continue reading Why Are So Few Homes for Sale?
Q: Should I Get An Inspection?
A: Many buyers question the importance of home inspections; however, they can take considerable weight off their shoulders. Explain that homes often have unseen problems with roofs, heating and air, electricity and plumbing. Make sure these things are up to par to prevent costly repair charges down the line.
While big projects like adding a bathroom or a complete kitchen remodel are popular ways to increase a home’s value, something as simple as updating landscaping and curb appeal can have a quick impact on a home’s value.
The Tour of Homes Kicks of at Woodcreek Farms June 10 at our Model home with a Fabulous Grill out for our customers!
For those who are worried that we are doomed to repeat 2006 all over again, it is important to note that homeowners are investing their new-found equity in their homes and themselves, not in depreciating assets.