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With mortgage rates having doubled what they were in early 2022, getting the lowest rate possible could mean the difference in being able to buy a home or at the very least, makes it much more affordable. Some people are waiting for rates to come down and while they...
If you're involved in a mortgage transaction, whether you're buying a home, refinancing your existing mortgage, or selling your home to a non-all-cash buyer, a home appraisal is a crucial component that you need to understand. In this blog post, we will delve into the...
An appraisal gap describes the difference between the sales price and the lower amount of the appraisal required by the mortgage being obtained by the buyer. It becomes an issue if the seller is not willing to lower the price or the buyer is not willing to pay the...
Sales in March 2023 were down 2.4% month over month and still down 22.0% year over year according to the NAR Housing Snapshot. The median sales price dipped 0.9% to $375,700 and there are 2.6 months supply of homes on the market compared to 2 months a year ago....
Builders of new homes offer or are required to warrant their work for a specified period. Municipal inspections are generally required during different stages to "ensure the life, health, safety, and welfare of the public" but even if something is missed,...
Like opening and closing a faucet increases and decreases the water flow, lowering interest rates increases home sales and raising interest rates decreases home sales. When home sales increase during periods of limited inventory, demand increases and prices go up....
Nobel Prize recipient, Richard Thaler, in his research into seemingly irrational economic behaviors, "found that consumers generally search too little, get confused while evaluating complex alternatives, and are slow to switch from past choices, even if it costs...
Selling a Luxury Home: 10 critically important tips. The affluent who own luxury properties often value their privacy and require discreet handling of their real estate transactions. Therefore, it is crucial for them to seek the services of experienced professional...
Selling a multi-million dollar luxury property is not like any other real estate transaction. The process is more complicated, and there are more factors involved that can affect the outcome of the sale. For this reason, rich people need to use experienced...
Why Rich People Need Discreet and Experienced Professional Real Estate Services for Selling Multi-Million Dollar Luxury Properties Selling multi-million dollar luxury properties requires specialized expertise, especially when it comes to dealing with high-net-worth...
RECENT POSTS
With mortgage rates having doubled what they were in early 2022, getting the lowest rate possible...
If you're involved in a mortgage transaction, whether you're buying a home, refinancing your...
An appraisal gap describes the difference between the sales price and the lower amount of the...
Sales in March 2023 were down 2.4% month over month and still down 22.0% year over year according...
Builders of new homes offer or are required to warrant their work for a specified period....
Like opening and closing a faucet increases and decreases the water flow, lowering interest rates...
Nobel Prize recipient, Richard Thaler, in his research into seemingly irrational economic...
Selling a Luxury Home: 10 critically important tips. The affluent who own luxury properties often...
Selling a multi-million dollar luxury property is not like any other real estate transaction. The...
Why Rich People Need Discreet and Experienced Professional Real Estate Services for Selling...
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THREE HOMES
The Twenty Three Homes are one of the premiere real estate groups locally, nationally and internationally, specifically dealing with high-end properties and exclusive clientele. Partner with Keller Williams Twenty Three Homes are full service real estate experts whose clients benefit from the custom tailored, hands on service while receiving all the exclusive amenities and resources of one of the most established and respected firms in the business.