Friday, January 31, 2020

Homeownership Rate Climbs to 6-Year High

Homeownership Rate Climbs to 6-Year High: Larger cities are still far behind the average for homeownership, though.

Mortgage Rates Approach 3-Year Lows

Mortgage Rates Approach 3-Year Lows: Dropping rates are offering home shoppers a chance to lock in lower monthly mortgage payments.

NAR to Tackle Housing Affordability at Upcoming Forum

NAR to Tackle Housing Affordability at Upcoming Forum: The association will bring together hundreds of industry leaders and experts to offer insights on the state of housing and how to resolve key issues facing markets.

Land Sales Rise 2%, But Challenges Persist

Land Sales Rise 2%, But Challenges Persist: Real estate pros say that land deals are being tempered by some headwinds. Read highlights from the 2019 Land Market Survey.

Monday, January 27, 2020

How Do You Choose a Home Pro?

There are a number of reasons that you might need to hire a professional to do work around your home. Maybe you want to make repairs, add a porch, redo your landscaping or change up the design of your interiors. Of course, when you hire a pro, you want to make sure that you’ve found someone who’s going to do a great job without breaking your budget. How do you strike that balance?

Fortunately, there are a few things that you can consider when trying to pick the perfect home pro for your project. This will not only help you find a skilled professional who can get the job done right but will also ensure that you don’t overpay for the work that you get done.

What Is Your Timeframe?

When do you need your work done by? If you’re considering a professional and they can’t finish the job in time, you might be better off going with someone who can. While some deadlines are flexible, others don’t have much give and you need to make sure that your pro is available when you need them. After all, even a skilled pro at a great price won’t do you much good if they can’t get around to your job until well after it absolutely must be finished.

Consider the Pro’s Reputation

If a pro you’re considering has a reputation in your area, there’s likely a good reason for it. It might be a good reputation, such as being known for always finishing ahead of time and under budget. Or it could be a bad reputation, such as never getting to work on time and leaving you waiting for meetings. Whether it’s good or bad, be sure to take it into consideration while you weigh your options for a home pro.

Taking Cost Into Account

As great as it would be if it weren’t an issue, cost is a very real factor for any project you undertake involving your house. While at least some of the cost of any home project is tied up in materials and other factors that pros don’t have much control over, you’ll notice stark contrasts between the pricing of some professionals and others even when they’re bidding the same job. This is why it’s good to always shop around a bit and actively look for the best pro for your money; if you go with the first solution you pick then you might end up paying way too much for the work that gets done.

Reviewing Past Work

If possible, ask potential contractors, designers and other home pros for portfolios and other examples of their work. This will give you a better idea of the sort of work you can expect from the pros that you hire. If possible, ask if they have any candid shots taken during the job process; these provide a behind-the-scenes look that isn’t as polished as professional pieces and gives you an idea of what effort the pro is really putting into the job.

Asking for Recommendations

When looking for a pro, be sure to ask family, friends, your Realtor, and other home pros you trust who they would recommend. Because this usually comes in the form of one or two options that they would recommend most, it helps you to create a short list based on your friends’ past experiences. You may notice certain names popping up in multiple recommendations, which is a good thing; if this happens, those pros definitely deserve a spot on your list of people to consider.

The Home Pro Experts

While you’re putting in the work of finding a home pro, don’t forget to check HomeKeepr. You can search for personally recommended pros right from the sidebar on this page.

Friday, January 24, 2020

Most Common Sources of Construction Defects

Most Common Sources of Construction Defects: There’s a wide variety of issues that can lead to building deficiencies. But the most common relate to poorly trained contractors, finds a new study.

How Changes to FICO Scoring Could Impact Buyers

How Changes to FICO Scoring Could Impact Buyers: The way FICO scores are calculated is changing this summer, and the move could make it tougher for some Americans to get approved for a mortgage.

Selling This Fall? You Want To Get These 4 Things Right.

  Selling This Fall? You Want To Get These 4 Things Right. Selling your house this fall is absolutely doable. But there’s something you nee...