Real Estate Term of the Week
Absorption Rate: The rate at which homes sell in an area. The higher the absorption rate, the faster homes are...
Does Your Home Appeal to the Millennial Buyer?
It seems we can’t read the news today without seeing some kind of coverage on millennials. In the real estate...
Real Estate Term of the Week
Building Codes: A series of ordinances enacted by a state or local governmental entity, establishing minimum requirements that must be...
9 Easy Home Updates for the Budget Conscious
Thinking about what you can do to spruce up your home…without shelling out tens of thousands of dollars? Let’s face...
Real Estate Term of the Week
Assessed Value: An assessed value is the dollar value assigned to a property to measure applicable taxes. In general, the...
What’s the Difference Between Assessed Value and Market Value?
Buyers and sellers are often confused between assessed value and market value. What is the difference? Many sellers and buyers...
Real Estate Term of the Week
Right of First Refusal: A provision in an agreement that requires the owner of a property to give another party...
Does it Makes Sense to Convert Your Rental Property into an Airbnb Unit?
Just as Uber is changing the car transportation business model, Airbnb is changing the way people book their travel for...