For example, in Des Moines, Washington, 15 miles south of the center of Seattle, the median home price is a more affordable $$550,400 as of March 2023, according to Zillow. We recommendfinding a local Seattle real estate agentwhen buying a home. Sellers pay agent commission, so it won'...
Previously, he served as an editor and content producer for World Company, Gannett, and Western News & Info, where he also served as news director and director of internet operations.Should I buy or build a house? How to pick a real estate agent when buying Is it cheaper to build or ...
DESPITE COST, USING A REAL ESTATE AGENT USUALLY A SAFE BETNena Groskind
If you’re ready to sell and looking to do it fast, you don’t have to go it alone. As we said before, a real estate agent is a great person to have in your corner during the whole process. And you’ll make more money, on average, than doing it yourself. It’s a win-win!
“At least request that the seller cover some of the closing costs, as it will allow the buyer to have more cash on hand for additional expenses that come with moving into a new home,” he recommends. “Work closely with your real estate agent, who can negotiate this into your purchase...
If you’re moving house, the home’s seller or your real estate agent might be able to share what was historically spent on utilities. The local utility companies should also be able to provide the latest rates and fees. If you’d like a more thorough look at the home’s efficiency, ...
When estimating a property’s value, an appraiser evaluates many things. Here are some common considerations: Comparable properties Like a real estate agent, an appraiser looks at recent sales of homes, especially those that are similar in size and location to the home being purchased. Their sale...
“The Boston market is historically a very stable market,” says Ricardo Rodriguez, a real estate agent with Coldwell Banker Residential Brokerage in Boston. “We did see it during the last recession in which prices remained stable for years.” Because a sizable swath of Boston bears historical...
Real estate commissions represent one of the highest costs at a typical closing. Buyers don’t pay this fee, sellers do. Historically, the commission has been 5% to 6% of the home’s purchase price, split evenly between the seller's agent and the buyer's agent.However, legislation in 2024...
Record-high median home prices, elevated mortgage interest rates, and limited for-sale inventory, are reshaping the landscape of the U.S. real estate market and the cost of buying a home. For example, the average median home price in the U.S. reached an all-time high of $419,300 in ...