Real Estate News

Amherst: Amazon’s HQ2 choice to drive local housing demand up to 25%

Real estate investment firm Amherst Capital Management released market commentary on Wednesday outlining the potential impact Amazon’s second headquarters could have on the already hot housing markets of the 20 cities being eyed by the ecommerce giant. Last week, Amazon announced its shortlist of potential locations for its second headquarters, known as Amazon HQ2. Amazon said it expects

A 3-Step Plan for Finding and Buying Your Next Home

Chances are you’ve considered buying a home – maybe you even attended a couple of open houses and ran the numbers. But once you get serious, there are a few points you need to consider before signing a contract and heading to your closing. Buying a home takes more time and research than, say, buying a tablet or

3 Weird Things You Can Ignore When Home Shopping

In 15 years of real estate, I can honestly say that I’ve seen it all. Toilet seats up in listing photos, shag carpet covered with dog hair, bedrooms doubling as marijuana growing centers, and avocado green appliances from the ’70s. Sellers aren’t required to get their homes in their best condition before showing them – let alone

Why Home Buyers and Agents Need to Have Each Other’s Backs

Searching for a home and engaging with a real estate agent today is not the same as it was a generation ago. The space (both physical and virtual) between the buyer and the real estate agent was much larger, and coming together was slower and more methodical. If a buyer saw a For Sale sign

6 Ways to Score a Lease in a Competitive Rental Market

In a competitive rental market, you’ll need to do quite a bit more than simply fill out an application and put down a deposit. Since 2005, there has been “an uptick in renters, with people in their 50s and 60s making up the largest chunk of the increase,” CNN Money reports. With large numbers of millennials

What Does a Builder’s Warranty Cover?

Even with new homes, things can go wrong. That is why many buyers of newly built homes are interested in warranties, which promise to repair or replace certain elements of the home. Many home warranties are backed by the builder, while others are purchased by builders from independent companies that assume responsibility for specific claims.

5 Things Every Home Buyer Needs to Know About New Construction

Any buyer shopping for a home today, in any market and at any price point, is likely to come across new construction homes for sale. The sellers are both large national builders and smaller local developers. Some homes are for sale as a part of a subdivision, while others are one-off homes. But is a

What Do Mortgage Lenders Review on Bank Statements?

Trained to spot financial mismanagement, mortgage lenders take careful time to review your finances before approving or denying you for a home loan. The role of the lender in approving a loan is to make sure you have enough money for a down payment and closing costs, and to assess whether you’re able to regularly

Cozy Updates Under $500: Affordable Ways to Make Your Home a Winter Haven

What better time to turn your home into a warm and welcoming den than during the chilly winter months? With just a little investment and some ingenuity, you can bring a distinctive, winter-friendly look into your home. Here are three concepts and some tips to get you started. Look 1: The British study The vibe

How Do Co-Borrowers’ Credit Scores Affect a Home Purchase?

Whether you’re a seasoned or first-time home buyer, be prepared to know your FICO score and have a firm understanding of your credit history. And if you’re buying with another person, their credit history can affect your joint home purchase. What is a FICO score? First things first – what’s a FICO score and why