Home repairs are oftentimes inevitable, however, there are ways to make things less painful when these issues arise.
If the homeowner’s insurance doesn’t cover appliances like a water heater, then it would be smart to take a home warranty into account.It is frequently included in a home buying agreement and is one of the bargaining chips between a buyer and seller.

Preparation tips for unexpected house repair costs

Preparation tips for unexpected home repair costs

Home listings, while still low, ↑ in June at the fastest pace in records dating to 2017.
Most sellers are in a position to reap big profits because they’re sitting on a mountain of equity. In May, US single-family house prices ↑ ~45% from May 2020.
Even though existing-home sales ↓ since February, prices tend to be stickier and sellers have started adjusting expectations.

Prices still up amid deals declining

Prices still up amid sales declining

444K new homes for sale at the end of May represented 7.7-mo of supply.
May's ↓ 5.9% YoY in sales may bode well for the build-for-rent sector.
New-construction home sales, MoM:
West: ↑ 39.3%
South: ↑ 12.8%
Northeast: ↓ 51.1%
Midwest: ↓ 18.3%

Great time to spend capital on build-for-rent sector

Great time to invest in build-for-rent sector

Experts believe that home sellers should consider the following:
1. Getting the right prices
2. Managing expectations of the market
3. Considering multiple offers anytime

Selling houses in a changing market

Selling homes in a changing market

1. Painting the floor instead of finishing
2. Hanging curtains or sheets to cover the unfinished walls
3. Spray-painting the ceiling, including rafters and ductwork
4. Buying a mix of plug-in floor and table lamps, even at secondhand stores and thrift shops to save money

Tricks to update an unfinished basement on a budget

Prospective sellers need to determine where they are moving to after selling their home.
The pre-listing stage is one of the most valuable pieces of the selling puzzle, according to experts. 
Sellers must make sure the house is picture-perfect before they invite buyers to come calling.
Getting a professional pre-listing inspection is recommended to identify major issues that a buyer’s home inspection will uncover.

The number 1 thing to do before listing your house

The number 1 thing to do before listing your home

Select the right location to have better resale value and higher rental income. Get proper insurance to avoid bearing the burden of any untoward events alone.
Define your investment goals for both buying a property and selling it.
Analyse financing options, as well as consider long-term expenses.

Consider these before investing in Real Estate

While home renovations are possible year-round, one should consider energy efficiency.
In Toronto, an avg house renovation costs $100-$300/sq ft, though financial incentives are available.
One can check Toronto's rules and regulations for getting permits online.
To find the best contractor, one can review awards, press features, and reviews.

Things to consider before starting a house renovation

Things to consider before starting a home renovation

In June, rent growth for a median apartment ↑ 1.3% MoM.
The median rent for a 1-bed in June ↑ 0.5% MoM.In the first half of 2022, apartment prices ↑ 5.4% compared with 8.8% YoY.But slower growth does not signal that rents are set to decline, as prices are still breaking records in June.

Prices are still breaking records in June, amid slower rent growth

According to a recent study, 15 of the top 100 US housing markets are overvalued by > 50%.
The higher the premium buyers are paying, the more overpriced a market is.
The 15 markets overvalued by 50%:
1. 	Boise: 72.6%
2. 	Austin: 67.7%
3. 	Ogden: 64.7%
4. 	Las Vegas: 61.4%
5. Atlanta: 58%
6. Phoenix: 57.9%
7. Provo, UT: 57%
8. Fort Myers: 56.2%
9. Spokane: 56.2%
10. Salt Lake City, UT: 55.7%

15 most overvalued housing market in US

Pending home sales, which measure signed contracts on previously owned and existing properties, ↑ 0.7% MoM in May.Home sales were strongest in the Northeast, ↑ 15%.
In the Midwest, they ↓ 1.7%, and also in the West, they ↓ 5%.
Pending home sales were still ~14% lower YoY, as buyers have had to contend with rising mortgage rates in 2022.

With demand outpacing supply, experts signal for new construction

With demand outpacing supply, experts call for new construction

9% of all listings in Raleigh had price cuts in May.
Typical value of a home in Raleigh was $456.2K, ↑ 37% YoY.
House payments ↑ 70% YoY in the region. Pending sales ↓ 28% YoY in Raleigh for the month of May.

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to Win Leads using Raleigh real estate Social Media Content

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Preparation tips for unexpected home repair costs

Prices still up amid sales declining

Great time to invest in build-for-rent sector

Selling homes in a changing market

Tricks to update an unfinished basement on a budget

The number 1 thing to do before listing your home

Consider these before investing in Real Estate

Things to consider before starting a home renovation

Prices are still breaking records in June, amid slower rent growth

15 most overvalued housing market in US

With demand outpacing supply, experts call for new construction

Raleigh, among cities with the fewest price cuts in May

Localized Real Estate Videos to Win Leads using Raleigh real estate Social Media Content

Sign Up to Add Your Branding to Social Media-Ready Real Estate Videos

Preparation tips for unexpected home repair costs

Prices still up amid sales declining

Great time to invest in build-for-rent sector

Selling homes in a changing market

Tricks to update an unfinished basement on a budget

The number 1 thing to do before listing your home

Consider these before investing in Real Estate

Things to consider before starting a home renovation

Prices are still breaking records in June, amid slower rent growth

15 most overvalued housing market in US

With demand outpacing supply, experts call for new construction

Raleigh, among cities with the fewest price cuts in May

Localized Real Estate Videos
to Win Leads using Raleigh real estate Social Media Content

Sign Up to Add Your Branding to Social Media-Ready
Real Estate Videos