What to Consider When Selling Your Home in a Rising Rate Environment
By Ryan Fitzgerald
There are many economic variables to consider when selling your home when interest rates are rising. If that’s the only changing economic variable, you’re generally going to see a negative impact on both home sales and home prices. This means as interest rates rise, the buyer pool for your home is going to shrink.
As more and more baby boomers enter retirement age, the question of whether or not to sell their homes and move will become a hot topic. In today’s housing market climate, with low available inventory in the starter and trade-up home categories, it makes sense to evaluate your home’s ability to adapt to your needs in retirement.
Finding a real agent to assist you with the process of buying or selling a home is a big decision that should not be taken lightly. Picking the right agent can save you lots of time, money, and unnecessary stress. On the other hand, picking the wrong agent can cost you BIG, and even have long-term consequences.
By Robin Saks Frankel
With housing inventory far lower than demand and mortgage rates poised to rise, it’s going to be a competitive market for homebuyers this spring.
If you’re looking to buy a home this season, here’s how to prepare yourself to enter the fray.
By Beverly Bird
You love your pet—he’s like your child, after all—but the IRS doesn’t quite see it that way. The IRS takes the position that the money you spend on Fido or Fluffy is generally a personal expense. Your pet gives you pleasure like that latte you bought on your way to work this morning, but just like your cup of coffee isn’t tax deductible, neither is your pet.
