by Armen Mardirousi | Aug 23, 2022 | Home Ownership, Home Value, New Construction, Real Estate Market News
According to Lawrence Yun, the NAR Chief Economist, the June spike in mortgage rate caused July’s existing home sales activity to dip. Yun said we’re witnessing a “housing recession” in terms of declining home sales and home building. However, Yun also noted there...
by Armen Mardirousi | Sep 20, 2021 | Home Maintenance, Home Ownership, Home Value
First impressions go a long way. This is applicable to not only when you meet someone new, but also when somebody sees your house for the first time. Regardless of whether it’s a friend or colleague coming over to visit or a prospective buyer looking at a property...
by Armen Mardirousi | Jun 28, 2021 | Home Value
Home values are determined through a complicated series of calculations roughly based on the cost of actual construction plus value-adds like proximity to shopping and other conveniences. The prices that other nearby homes have sold for in the past are also taken into...
by Armen Mardirousi | May 10, 2021 | Home Remodel, Home Value
You’ve found the perfect home and it has everything you’ve ever dreamed of. Spacious, modern kitchen. Gloriously open floor plan. Giant bedrooms. Great location and neighborhood. The only downside is the backyard is slightly smaller than you’d hoped. But no reason to...
by Armen Mardirousi | Apr 5, 2021 | Home Value, Real Estate Advice
You knew the moment you walked through the perfectly preserved arch-topped doors that this was one very special house. As your real estate agent guided you from room to room, all you could think was that there had to be a catch to this house. Something had to be...