Momentum is quietly building in the housing...
Home Buying
Buying a new home before you’ve sold your current one can feel like a financial juggling act. You’ve found your dream home, but your current house is still on the market. What do you do? Enter the bridge loan — a financial tool that can help you navigate this tricky transition period with confidence. If you’re wondering what a bridge loan is and whether it’s right for your situation, you’re in...
If you’re trying to decide if you’re ready to become a homeowner in the next twelve months, there’s probably a lot on your...
When deciding between listing your property on Airbnb or opting for a traditional rental, it’s essential to weigh the pros and cons of each approach. Whether you’re looking for flexibility, a steady income, or less management hassle, both options come with unique benefits and challenges. In this Redfin article, we’ll explore the key factors to consider, helping you make an informed decision that...
Mortgage interest is the cost you pay to borrow money to buy a home. It’s calculated as a percentage of your loan balance and makes up a large portion of your monthly payment—especially in the early years of your mortgage. Over time, as you pay down what you owe, the amount of interest you pay each month gradually decreases. In this Redfin article, we’ll break down mortgage interest in plain...
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. The affordability crisis continued. The spring and summer homebuying seasons hardly happened. The homeowner population dropped. Buyers remained out of reach, pushing sellers to offer concessions or price cuts. Add in...
Moving to a new home can be an exciting and stressful experience. Between packing, decluttering, and lifting heavy boxes, it’s easy to forget about cleaning your old house before handing over the keys. A detailed move-out cleaning checklist helps alleviate these stresses, helping you leave a clean space for the incoming occupants, and if you’re a tenant, it can also help secure the return of your...
Key takeaways– When “time is of the essence” is included, contract deadlines become legally binding, not flexible targets.– Missing a deadline can be a material breach of contract.– Buyers and sellers both face real financial and legal consequences.– The clause is optional and negotiable, but powerful once included. In real estate, deadlines matter but not all deadlines carry the same legal...
Key takeaways A Public Improvement District (PID) is a designated area where homeowners pay an additional assessment to fund public amenities and infrastructure. PID assessments are separate from property taxes and may last 20 to 40 years. Several states besides Texas — Arizona, Colorado, California, Florida, New Mexico, Nevada, Utah, North Carolina, and Georgia — use similar special assessment...
Key takeaways A Municipal Utility District, or MUD, provides water, sewer, drainage, and infrastructure in areas that lack city utilities. Homes in a MUD include a MUD tax that helps repay bonds issued to build public infrastructure. MUD tax appears on your property tax bill; however, it is separate from county, school district, and city tax rates. Homestead exemption generally does not reduce MUD...