How Curb Appeal Can Help Sell Your Property
If a buyer is contemplating buying your house, curb appeal may be a winning factor.
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Learn more about Memphis real estate.
If a buyer is contemplating buying your house, curb appeal may be a winning factor.
When inflation hits the housing market, it shows up in a different way for investors, builders, borrowers, sellers, and renters.
Looking back over the last two year, we have seen a lot of changes take place in the Housing Market. From the way houses are sold to mortgage rates, from home values to inventory, it is clear that the market has adapted to the many shifts that have taken place. The pandemic being a driving force behind new patterns and consumer behavior, these changes may be more permanent than we first imagined. What are some of the shifts that caused a major impact to the real estate industry this year? What will fade away and what is here to stay? Expert Predictions for 2022 Working from home has become a major shift that seems to be around for good. Spending more time at home has caused homeowners to reevaluate what is important in their living space, and a home office has become a necessity for many workers. The pandemic has prompted more people to cook their own food, garden, and enjoy their leisure time at home. As a result of these factors, along with the rise of monthly rent, living within city limits has become less of a necessity. Potential homebuyers expanded their search to the suburbs for more affordable
While experts predict real estate will continue to appreciate, there are signs that the rate of appreciation may be slowing to closer-to-normal levels in the coming years.
It’s no secret that homeownership contributes to wealth-building opportunities for owners. But how do you build wealth as a homeowner? Studies show that homeowners have up to 40-50 times more net worth than renters.
As we move into the last quarter of the year, real estate professionals are aware the market is still capable of surprises. There seems to be no sight of the sprint dying down any time soon. Many believe the market is on its way back to pre-pandemic levels.
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