As 2017 comes to a close, it is time to start predicting what 2018 might look like. Between supply changes, first-time homebuyers, and tax reform; the Real Estate market could have a few wrenches thrown in the mix. If you were wondering how all of this could affect the coming year, look no further for the professional’s expectations.
The Natural Food Effect has gained a lot of traction in the past years. This effect claims that when chains like Whole Foods and Trader Joes, stores known for their higher quality/natural food, comes to an area; the Real Estate values in that area rise almost instantly. After researching this claim it turns out that… it’s TRUE!
When it comes to buying a home one of the most important steps is taking care of the home inspection. After spending countless hours looking for your perfect home, you may think that you are getting the perfect home for a steal but the home inspection could potentially change everything and uncover major issues. This is where your home inspector can make or break the sale. But how do you know if you are choosing the right one?
One of the most common sayings that one may hear surrounding Real Estate is to “buy the worst house in the best neighborhood”. A house that is surrounded by homes which are priced higher, those higher values should naturally pull the lower ones up. Given that buying a home is one of the largest investments that anyone will make in their lifetime, shouldn't we be making sure that this logic is sound?