November 1, 2024

Real Estate Scams

The real estate market is already tough enough — when you’re buying, renting or refinancing the mortgage on a home, the last thing you want to worry about is being scammed. Unfortunately, criminals are getting more creative in how they target housing consumers. In 2022, real estate fraud resulted in victim losses of nearly $400 million, according to data from the FBI’s Internet Crime Complaint Center. Here are five common real estate and mortgage scams to keep on your radar, plus tips to avoid becoming a scammer’s next victim.
January 11, 2018

How To Get Multiple Offers On Your Condo For The Best Results

Every home seller dreams of receiving multiple offers above asking price with no contingencies when they put their property on the market. There are multiple offer situations in just about every market. Multiple offers will get buyers in a bidding war and bring the highest price, but sometimes price isn't the only objective. Here are 7 tips ...
September 19, 2024

The Interest Rate-Condo Price Connection

Low interest rates, while often seen as a driver of real estate transactions, can also discourage homeowners from selling their properties. Many owners secured their homes during a period of historically low mortgage rates. These favorable rates made owning a home more affordable by reducing monthly mortgage payments. If they were to sell, they would likely face much higher interest rates when purchasing a new home, leading to significantly higher monthly payments. This "rate lock-in" effect causes homeowners to think twice about selling,