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5 Ways to Beat Out the Competition

January 30, 2023 by Brett Tams

Depending on where you live, you, as a potential buyer, may be forced to compete with other buyers in a bidding war.

Posted in: Market News, Roommate Tips Tagged: 2, 2021, advice, affordability, agent, agents, All, Appraisals, ask, asking price, basic, before, bidding, bidding wars, Blog, Budget, Buy, buyer, buyers, Buying, Buying a Home, Buying a house, calculator, chance, clear, closing, closing costs, company, Competition, comps, contingencies, contingency, contracts, credits, decision, deposit, discrimination, down payment, earnest money, equity, estate, expensive, experience, experts, fair housing, Fair Housing Act, Financial Wize, FinancialWize, financing, good, guide, Guides, home, home inspection, home listing, Home Price, Homebuyers, Homeowner, homeowner association, homeowners, homeowners insurance, homes, homes for sale, house, Housing, housing discrimination, housing trends, inspection, inspections, Insurance, items, lenders, list, list price, Listings, Live, Local, LOWER, Make, making, making an offer, market, markets, millennial, money, More, Mortgage, mortgage lenders, Moving, multiple offers, needs, negotiating, new, new home, new listings, News, offer, offer price, offers, open houses, Other, Own & Rent, ownership, Personal, present, priorities, property, property taxes, Purchase, Real Estate, real estate agent, relocating, Research, Residential, Review, right, risk, room, sales, search, searching, Sell, seller, sellers, selling, shopping, showings, Spending, states, Strategies, survey, target, taxes, Technology, The Neighborhood, time, timeline, Tips & Advice, title, trends, under, wants, war, will, work, Zillow, zillow research, Zillow.com

Zillow Research in the Spotlight Among Giants

January 23, 2023 by Brett Tams

Kudos to Steve Brownell from the Zillow data and analytics team. His research brief in the Zillow…

Posted in: Paying Off Debts, Renting Tagged: data, Financial Wize, FinancialWize, home, home value, index, Market Trends, Rent, Research, Zillow, Zillow Home Value Index, zillow research

How Much Are Transaction Fees on a Real Estate Sale?

January 18, 2023 by Brett Tams

Avoiding recurring transaction costs is the primary reason that financial experts think real estate should be kept as an asset for the buyer’s lifetime.

Posted in: Market News, Roommate Tips Tagged: 2, 4%, agent, agents, Alabama, All, ask, balance, before, bills, Budget, buyer, buyers, Buying, Capital Gains, capital gains taxes, carpets, Clean, cleaning, closing, closing costs, commission, commissions, company, Connecticut, cost, curb appeal, Deals, declutter, DIY, equity, escrow, estate, existing, expense, expenses, expensive, experts, Fees, filing jointly, Financial Wize, FinancialWize, Florida, flowers, for sale by owner, FSBO, funds, furniture, Georgia, goal, government, Hiring, hoa, home, Home Improvements, home inspection, Home Price, home selling, home staging, home value, home warranty, homeowners, homeowners insurance, house, Housing, housing costs, housing trends, improvements, inspection, Insurance, interest, Invest, investment, items, landscaping, liens, list, list price, Live, loan, Local, Main, maine, Make, making, market, Marketing, married, Maryland, Massachusetts, median home price, mississippi, mls, money, More, Mortgage, Move, Moving, moving costs, needs, negotiating, new, New Jersey, new york, offer, offers, office, open house, open houses, ownership, Personal, photos, Planning, plants, pre-inspection, prep, property, property taxes, Purchase, rate, Rates, Real Estate, real estate agent, Real Estate Agents, relocating, Rent, Research, save, Sell, seller, sellers, selling, Selling a Home, settlement, showings, single, snow, South Carolina, space, Staging, tax, tax rates, tax time, taxes, the balance, Tips & Advice, title, Title Insurance, Transaction, transaction fees, transfer tax, trends, updates, upgrades, utilities, virginia, warranty, washington, will, windows, winter, Zillow, zillow research

What Do Buyers and Sellers Pay in Closing Costs?

January 12, 2023 by Brett Tams

Usually, the buyer faces more line-item expenses, but the seller pays the commission.

Posted in: Home Buying, Market News, Roommate Tips Tagged: 2, 4%, agent, agents, Alabama, All, ask, Best of 2016, Broker, buyer, buyers, buyers market, Buying, Cities, closing, closing costs, closing day, commission, company, Connecticut, contractors, cost, country, Credit, deed, Distressed, escrow, estate, expense, expenses, Fall, Fees, Financial Wize, FinancialWize, Florida, FSBO, funds, Georgia, good, government, guide, hoa, HOAs, home, home buyers, home buying, home selling, home value, house, How To, improvements, Insurance, interest, items, landscaping, Law, lawyer, liens, list, Listings, Live, Local, maine, Make, market, Marketing, markets, Maryland, Massachusetts, median home value, mississippi, mls, money, More, Mortgage, Mortgages, Moving, new, new home, New Jersey, new york, offer, office, Other, painting, payments, plan, present, property, property tax, property taxes, Purchase, rate, Rates, ready, Real Estate, real estate agent, Real Estate Attorney, real estate markets, save, Seasonality, Sell, seller, sellers, selling, Selling Your Home, Servicing, settlement, shopping, South Carolina, Spring, states, summer, tax, taxes, timing, Tips & Advice, title, Title Insurance, town, traditional, Transaction, transfer tax, under, virginia, washington, will, winter, work, working, Zillow, zillow research

City Living Costs Families Up to $9,000 More a Year Than Suburban

January 10, 2023 by Brett Tams

Basic living expenses skyrocket in the urban core, according to a new analysis from Zillow and Care.com.

Posted in: Paying Off Debts, Renting Tagged: big, child care, Children, city, city living, cost, Cost of Living, data, expenses, Financial Wize, FinancialWize, home, homeowners, Housing, housing trends, Live, living expenses, making, Market Trends, millennials, More, Mortgage, mortgage payments, new, new york, new york city, Other, payments, property, property taxes, restaurants, save, suburbs, taxes, trends, under, youtube, Zillow, zillow research

Our Racially Divided Housing Market Is Changing, Thanks to Millennials

January 10, 2023 by Brett Tams

A look at how we got here and where we’re headed.

Posted in: Home Buying, Paying Off Debts, Renting Tagged: agents, All, American Dream, Asian, assets, Bank, bank of america, Banking, banks, before, black, Borrow, build, build credit, building, Buy, buyers, Buying, Buying a Home, Buying a house, College, Consumer Financial Protection Bureau, Consumers, contractors, country, Credit, Credit Bureaus, credit card, credit history, Credit Report, Crisis, data, Debt, decades, Delinquencies, Department of Justice, discrimination, diversity, down payment, driving, education, Employment, entrepreneurship, estate, fair housing, Fair Housing Act, Family, Financial Wize, FinancialWize, gap, General, good, government, great, Grow, health, Hispanic, Hispanics, historical, history, home, home buyers, home buying, Homeowner, homeowners, homeownership, homeownership rate, homes, house, Housing, housing bubble, housing crisis, housing discrimination, Housing market, housing trends, How To, Income, Insurance, interest, interest rates, kids, landlords, language, Legal, lenders, Loans, love it, low, low-income, Make, making, market, Market Trends, millennial, millennials, minorities, model, mold, money, More, Mortgage, Mortgage Products, Mortgages, Move, NAACP, National Association of Real Estate Brokers, neighborhoods, neighbors, new, News, oldest, Other, parents, pawn, payments, Personal, president, products, programs, project, protection, Purchase, race, Racism, rate, Rates, ready, Real Estate, Recession, refinancing, Rent, rich, save, Saving, seasonal, settlement, states, suburbs, survey, tenant, title, trend, trends, trust, Uber, under, united, Urban Institute, utilities, VantageScore, war, washington, wealth, wells fargo, white, will, working, Zillow, zillow research

Where Renting Pays: In These Markets, Owning Takes a While to Pencil Out

January 10, 2023 by Brett Tams

It takes more than two years before buying the typical U.S. home makes more financial sense than renting it (but that time frame varies by market).

Posted in: Home Buying, Paying Off Debts, Renting Tagged: before, breakeven horizon, Buy, Buying, Buying a Home, Buying a house, closing, down payment, estate, expenses, Fees, Financial Wize, FinancialWize, home, home buying, Home Values, house, list, Make, making, market, Market Trends, markets, median rent, Mint, More, Move, Personal, pressure, Real Estate, Rent, renting, san diego, san francisco, washington, Zillow, zillow research

Is Buying a ‘Starter Home’ Still Smart?

January 9, 2023 by Brett Tams

Your parents’ rite of passage may not make sense for you.

Posted in: First Time Home Buyers, Home Buying, Market News, Roommate Tips Tagged: 2, 2021, 4%, affordability, affordable, affordable homes, agent, All, Amenities, baby, bathroom, Bedrooms, bidding, brokerage, Budget, build, building, Buy, buy a home, buyer, buyers, Buying, Careers, Children, cleaning, cost, down payment, driving, equity, expensive, Family, Fees, Financial Wize, FinancialWize, first time home buyers, fixer-uppers, fun, good, great, groceries, guide, home, Home appraisal, home buying, home features, Home Ownership, Home Values, homebuyer, Homeowner, homeowners, homes, house, How To, improvements, Income, inspection, inspections, Insurance, interest, interest rates, investment, job, kids, Life, Life Events, Live, loan, low, maintenance, Make, making, market, markets, marriage, Midwest, money, More, Mortgage, mortgage interest, Mortgage Interest Rates, Most Expensive, most expensive homes, Moving, moving costs, moving in, needs, offer, Other, parents, payments, Personal, principal, property, property taxes, Purchase, rate, Rates, ready, Rent, rental, roommate, save, Saving, saving money, search, Sell, sellers, selling, single-family, smart, space, Style, survey, taxes, tips, Tips & Advice, title, Title Insurance, trust, TV Shows, upgrade, upkeep, utilities, wealth, will, work, Zillow, zillow analysis, zillow research

How to Pay Off Debt

January 9, 2023 by Brett Tams

Debt is money that you borrowed and are obligated to repay. Examples of debt include mortgages, student loans, auto loans and credit cards.  Zillow research found that 69% of renters have some type of debt, and a quarter of renters said they were denied a rental agreement or home financing due to their debt level. Debt […]

The post How to Pay Off Debt appeared first on Home Buyers Guide.

Posted in: Market News, Roommate Tips Tagged: advice, All, app, Apps, apr, ask, Auto, Auto Loans, balance, Bank, before, Broker, Budget, budget planner, Budgeting, build, Buy, buy a home, buyers, Buying, Checking Account, color, company, coupons, COVID-19, COVID-19 pandemic, Credit, Credit Bureaus, credit card, Credit Card Debt, credit cards, Credit Report, credit union, data, Debt, debt payment, debt payoff, Debt Repayment, Debts, down payment, DTI, Emergency, equity, Essentials, expense, expenses, Family, Fees, Financial Wize, FinancialWize, financing, General, goal, goals, good, great, grocery, grocery bill, guide, habits, home, home buyers, house, How To, Income, interest, interest rate, Learn, Legal, lenders, Life, list, loan, Loans, low, Make, money, Money Matters, More, Mortgage, mortgage debt, Mortgages, Motivation, needs, new, offer, Original, Other, pandemic, Pay Off Debt, paying off credit card debt, Paying Off Debt, payments, planner, Planning, products, programs, protection, questions, rate, Rates, Rent, rental, renters, Reviews, risk, save, savings, Savings Account, second, settlement, Spending, Strategies, stress, student, Student Loans, tax, the balance, Video, will, work, youtube, Zillow, zillow research

U.S. Homeowners Spend $15,000 in Hidden Costs to Sell a House

January 8, 2023 by Brett Tams
U.S. Homeowners Spend $15,000 in Hidden Costs to Sell a House

Staging, curb appeal updates, and closing costs add up.

Posted in: Paying Off Debts, Renting Tagged: agent, All, balance, before, Budgeting, calculator, cleaning, closing, closing costs, curb appeal, escrow, estate, expenses, Fees, Financial Wize, FinancialWize, guide, home, Home Improvement, home selling, homeowners, house, house cleaning, Housing, housing trends, improvement, Insurance, lawn care, maintenance, Market Trends, markets, money, More, Mortgage, most popular, Other, painting, Popular, prep, project, projects, Real Estate, sales, Sell, seller, sellers, selling, Selling a Home, Selling Your Home, Staging, states, taxes, title, Title Insurance, Transaction, trends, updates, will, Zillow, Zillow Group Report, zillow research
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