Individuals in California and throughout the country generally have the ability to either rent or own a property. In some instances, it can be in a person's best interest to rent instead of buy. However, let's take a closer look at some of the reasons why a person may...
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Residential Real Estate
Building spec homes as a real estate investment
The real estate market is booming in many places in California, and it may be tempting to build a spec house for people who want to make money from an investment. Where housing supplies are limited and many people are interested in newly built properties, there may be...
Why home buyers need cash reserves
Those who are looking to buy a home in California or any other state must be financially stable enough to do so. Generally speaking, banks will require borrowers to have an equivalent of up to three months' worth of income in a savings account. Furthermore, buyers may...
Tips for selling homes during the winter months
Selling a home during the holiday season may be a challenge for homeowners in California and throughout the country. Part of the challenge of selling a home in November or December is that real estate agents, loan officers and others may have limited hours. This means...
Pros and cons of buying a relatively expensive home
People in California who are in the market to purchase real estate might fall in love with a home that puts the others in the neighborhood to shame. The highest-priced home on the block, though, is sometimes the worst with regard to future value and potential gains....
Reasons some are putting off a home purchase
Only 21% of Americans think that now is a good time to buy a house according to a poll conducted by Fannie Mae. This is down from 28% from September, and the new data follows a summer in which the overall housing market was strong. Buyers in California and throughout...
Tips for selling small homes
Tiny homes have become popular in California and throughout much of America. Generally speaking, these homes offer about 400 square feet of living space, and they are designed for those who are seeking a minimalist lifestyle. While they may be attractive to their...
Buyers may not know that their homes are haunted
If California homeowners believe that their homes are haunted, they may not share that belief with potential buyers. A poll from Realtor.com found that 60% of those who purchased an allegedly haunted house didn't know about its haunted status prior to doing so. The...
How the economy impacts real estate
California residents may have heard predictions of an upcoming economic slowdown. However, there is no way to tell when the economy may start to slow, and there are many signs that the economic conditions may remain strong through 2020. Regardless of what the economy...
The challenges of buying a first home
Buying a home is often synonymous with realizing the "American Dream." However, a recent study shows that a home purchase often induces anxiety in first-time buyers.There are several reasons why people might find buying a new home to be nerve-racking. One reason why...