Cobbleridge Realty Corp

In many cases, renting can be cheaper than buying a home because of the upfront costs involved. This includes a down payment, closing costs, moving costs, any renovations and other home maintenance tasks. That said, just because you can afford a mortgage payment doesn't mean you can afford a home; expenses add up.

If you're in the market for a real estate agent, ask these questions to find the best fit: What's your experience? ... How will you keep me updated? ... What are my home's drawbacks? ... What's your strategy? ... Do you work alone? ... How many clients do you represent? ... Can I see your references? ... How much do you charge?

In general, a recession typically causes real estate values to decrease because there is a lower demand for homes or investment properties. ... They may have too much commercial real estate, like retail space, high-end apartment complexes, or self-storage units, as an example.

Home prices are rapidly rising because construction is not keeping pace with real, underlying, demographically led demand. However, the current pace of pricing is frothy or unsustainable because it is outpacing income growth. Additional housing supply is needed to provide stability to the market.

One mistake you might regret is not shopping around to get the best deals and great help. That absolutely applies to buying or selling your home. You’ll want to compare agents for the most important transaction of your life. Here are just nine of the reasons you’ll want to interview more than one real estate agent before listing or buying a home. 1. Get a Fair Price on Services from Your Agent 2. What You Get for the Money 3. Finding Synergy with Your Real Estate Agent 4. Get Ideas 5. Who Will Work Hardest for You 6. Who Will Put Your Interests First 7. Pricing Your Home Correctly 8. To Keep Them Honest 9. Ensuring Realistic Expectations

Real estate commissions are negotiable between real estate brokerages and their clients. Many charge certain percentages of their sales prices, where some list a home for a flat fee. Real estate brokerages share and cooperate commissions with other brokerage companies. Real estate agents have an agreement with their brokerage companies about how much of their earned commissions they share with their brokerages.