Do better schools mean higher home values?

Do better schools mean higher home values?

The data is clear: Homes in the best school districts sell for higher prices than similar homes in less-popular school districts. Research also tells us that one of the most important factors that buyers consider when buying a home are schools. One study shows buyers...
Is it harder to get a home loan if you are self-employed?

Is it harder to get a home loan if you are self-employed?

When you’re self-employed, getting a home loan is going to be a little more involved than if you were a salaried employee. There’s more paperwork, tighter qualifying rules, and you’ll need to show a stable income. The good news is it’s getting easier for you and 14...
Are second homes a good investment?

Are second homes a good investment?

For decades, buying a second home was pretty much a single-dimensional experience. You bought a place where you would either vacation, or live for several months of the year (often to enjoy a nicer climate). But with the emergence of home-sharing services like Airbnb,...
Will a new Starbucks nearby increase the value of your home?

Will a new Starbucks nearby increase the value of your home?

Does the value of your home depend on how close you live to a Starbucks? Believe it or not, research shows there is a “Starbucks effect” on property values. A study of property values between 1997 and 2014 looked at homes within walking distance – one quarter of a...
Make a great impression with sellers

Make a great impression with sellers

When it’s a seller’s market, you can’t always compete against an all-cash offer from a buyer wiling to close quickly. But there are some things you can do to make a great impression with sellers: Making a higher down payment – 25 percent or more. Sellers will worry...
Why homeownership is important to Americans

Why homeownership is important to Americans

Nearly every survey over the last 50 years shows that the vast majority of Americans consider homeownership to be part of the American Dream. It’s still true today. A recent National Association of REALTORS® (NAR) survey found 87% of consumers said homeownership is...