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How To Calculate Price Per Square Foot

How To Calculate Price Per Square Foot

by Third Party | Jan 4, 2023 | Mortgage Information, Real Estate Agent Tools

Source: Forbes Advisor —  Calculating the price per square foot can give you an idea of the home’s value and help you compare it with other homes, even when they have different floor plans and sizes. Square foot pricing can also help you estimate the cost to...
Are AVMs (automated valuation models) replacing the CMA?

Are AVMs (automated valuation models) replacing the CMA?

by Third Party | Jan 4, 2023 | Industry Updates, Real Estate Agent Tools

Source: South Florida Agent Magazine —  With the advancement of tech-based real estate services such as Zillow, Realtor.com, Redfin and others, customers can easily research and estimate the value of their homes without involving a Realtor. The big question is,...
New Year, New Home? 9 Myths About Buying a New-Construction House That Actually Aren’t True

New Year, New Home? 9 Myths About Buying a New-Construction House That Actually Aren’t True

by Third Party | Jan 4, 2023 | Real Estate Agent Tools, Real Estate News

Source: Realtor.com —  Many first-time homebuyers might shy away from the prospect of buying a brand-new home, assuming: It will cost too much. It will take too long. While purchasing new construction is indeed different from purchasing previously owned...
5 ways to make affordable housing for all in 2023 — from construction laws to mortgage financing

5 ways to make affordable housing for all in 2023 — from construction laws to mortgage financing

by Third Party | Jan 3, 2023 | Real Estate Agent Tools, U.S. Housing Market

Source: Insider —  With the new year is another chance to make housing more affordable for all.  Right now, it’s harder than ever to buy a home. In 2022, an astronomical rise in mortgage rates coupled with already steep home prices pushed many out of the...
Your debt-to-income ratio is crucial to getting approved for a mortgage — here’s how to calculate yours

Your debt-to-income ratio is crucial to getting approved for a mortgage — here’s how to calculate yours

by Third Party | Jan 3, 2023 | Mortgage Information, Real Estate Agent Tools

Source: CNBC —  There’s a lot that goes into the home buying process, especially if you’re a first-time home buyer. One criteria mortgage lenders use to assess your mortgage application is the debt-to-income ratio (DTI). Your debt-to-income ratio is a comparison...
Home inspections in a hot market

Home inspections in a hot market

by Third Party | Jan 3, 2023 | Industry Updates, Real Estate Agent Tools, U.S. Housing Market

Source: Daily Herald —  Q: In a past article, you wrote: “It is the height of professional irresponsibility for any real estate agent to advise a client against having a home inspection.” In most cases, I would agree with your advice. But in a hot...
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