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Tag: buying definition

What Is a Manufactured Home? A Fresh Look On Prefab Housing

January 15, 2026January 16, 2026 · Real Estate

With interest rates shifting and the price of houses for sale often feeling out of reach, many buyers are searching for creative avenues into home ownership. One option…

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How Do Real Estate Auctions Work? Buying a Home at Auction

January 9, 2026January 9, 2026 · Real Estate

Key takeaways Buying a home at auction may give you a lower price, but you could risk overpaying. Auctions are held online or in person, but you’ll need…

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Difference Between Agents and Brokers in Real Estate, Explained

January 5, 2026January 5, 2026 · Real Estate

What is the difference between a real estate agent and a broker? A real estate agent is licensed to represent buyers and sellers, but they must work under…

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2025 Housing Market Year In Review: Is There Anybody Out There?

December 29, 2025December 30, 2025 · Real Estate

13 housing trends that defined another slow year, including record-high house prices, falling mortgage rates, and a gridlocked market  2025 was a difficult year for the housing market.…

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Condo vs House: Which Is the Better Choice?

December 12, 2025December 13, 2025 · Real Estate

Before you finalize your home purchase, you must decide what type of structure best fits your life. The choice between buying a condo and a house is one…

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Your Guide to Starter Homes in Today’s Housing Market: Do They Still Exist?

October 28, 2025October 28, 2025 · Real Estate

A starter home is the most affordable type of house or living space a first-time buyer can purchase. The median price of a starter home in September 2025…

Read more Your Guide to Starter Homes in Today’s Housing Market: Do They Still Exist?

What is Contingent vs. Pending? Find Out the Difference

October 21, 2025October 21, 2025 · Real Estate

Key takeaways Contingent homes mean the seller has accepted an offer, but they’re still active listings. Pending homes are no longer active listings and are in the process…

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Is It a Buyer’s or Seller’s Market?

September 23, 2025September 24, 2025 · Real Estate

The U.S. housing market finally favors homebuyers, but few can afford it It’s a buyer’s market, meaning buyers have the upper hand. Following the pandemic-fueled seller’s market in…

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Inspection for Informational Purposes Only: What It Means For Buyers and Sellers

September 23, 2025September 23, 2025 · Real Estate

The clause “inspection for informational purposes only” became popular in the competitive housing market during the pandemic. You may have seen it in an offer, or even used…

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Who Pays the Real Estate Agent Commission?

Who Pays the Real Estate Agent Commission?

September 4, 2024September 5, 2024 · Real Estate

Are you buying or selling a home? Then you might be wondering: “Who pays the real estate agent?” Traditionally, this cost has been shouldered by the seller, but…

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Real Estate Commission Changes: What You Need to Know

Real Estate Commission Changes: What You Need to Know

August 22, 2024August 22, 2024 · Real Estate

There are important changes happening in the real estate industry this month. The National Association of Realtors and multiple listing service (MLS) have implemented new rules about how…

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Mortgage Rates Just Hit a 14-Month Low: Is Now a Good Time to Buy a House?

Mortgage Rates Just Hit a 14-Month Low: Is Now a Good Time to Buy a House?

August 6, 2024August 6, 2024 · Real Estate

Key takeaways: If you want to beat the competition, now is a great time to buy a house. Daily average mortgage rates hit a 14-month low of 6.34%…

Read more Mortgage Rates Just Hit a 14-Month Low: Is Now a Good Time to Buy a House?
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