Buying a new home can be one of the most exciting times in your life. But it can also be quite a stressful time, with so much to remember and so much to do. And if you’re purchasing ANY Property in the state of Alabama, buyer beware: there is no warranties or guarantees on the… Read more »
Even if you’ve only occasionally paid attention to the news in recent years, you’ve likely heard a lot about both interest rate hikes and the cost of real estate. These two stories are actually quite intertwined. Interest rates have had a major impact on the cost of housing, which obviously affects home sales. Here’s how… Read more »
If you’re selling a home, there’s a good chance you’ve bought at least one home in the past. This means that you’re familiar with real estate appraisals. Often, appraisers are asked, what should I do to prepare for my inspection? The answer traditionally is – Nothing. But, the correct answer is – It Depends! But… Read more »
Real estate appraisal is not something that every person has an intimate knowledge and understanding; yet many people will have to deal with an appraiser or appraisal at some point in their lives, especially if they want to buy a home, lease or purchase a commercial property, or buying a business. Like any professional field,… Read more »
If you own a home, business, piece of land, or any other form of real estate, chances are you have heard of an appraisal before. If you’re not familiar, it’s an impartial and independent measure of a property’s current value. These appraisals are completed by a third party that possesses an expertise in either commercial… Read more »
For the first time in years, home prices in the United States fell from June to July of this year. Some experts believe this could be a trend and not just a one-off, partially fueled by higher interest rates. This news will mean different things to different people, depending on what your stake in the… Read more »
Drone technology has changed so much about how we engage with the world. It’s helped a wide array of business fields evolve the services they provide. This is especially true in the world of residential and commercial real estate. As drones have become more widely available and more useful in recent years, their use in… Read more »
Technology rapidly changes how jobs in nearly every field are done and the world of real estate appraisals and inspections is no different. While aerial shots would’ve always been a welcome addition to the process, there was not always an affordable mechanism to make that happen. In recent years, companies have begun using drones to… Read more »
It’s been more than two years since COVID-19 hit the shores of the United States. Among many other issues, the pandemic threw the commercial real estate industry into a state of uncertainty. Offices emptied out indefinitely, restaurants closed, retail stores had to shift to an online model and people fled apartment buildings in big cities… Read more »
Two of the biggest business news stories in recent months have involved increasing inflation and the rising cost of real estate. What hasn’t been made as clear in this reporting is that a potential solution to the first issue could actually affect the second. This is to say, a change in interest rates could influence… Read more »