Posts in category 'General Real Estate'
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7
What to Know When Inheriting a Home
Updated 5/20/2025
When someone inherits a home, the first question they usually ask is, "Now what?" It can be an overwhelming situation. After all, what to do with a home you've inherited is not only a financial decision but also an emotional one. Chances are, you have a lot of memories in that home with the loved one you inherited it from.
Our real estate agents are here to help. Here's what you need to know about inheriting a home and the steps you should take to make the process as seamless and stress-free as possible.
Options when you inherit a home:
Arguably, the biggest consideration when you inherit a home is what to do with it. Ultimately, you have three options:
- Live in it. Occupying the house keeps the proper...
12
Navigating Mortgage Rates in 2024
After reaching their peak for the year of 7.9% in October of 2023, the tide is finally turning for mortgage rates in 2024. According to an emailed statement reported by Forbes, Danielle Hale, chief economist at Realtor.com, had this to say. "Mortgage rates will continue to ease in 2024 as inflation improves and Fed rate cuts get closer. Mortgage rates could near 6.5% by the end of the year, a key factor in starting to provide affordability relief to homebuyers."
Over the past few years, rates hit their highest peaks in decades. A forecast of lower rates is a welcome relief to those looking to buy, sell and refinance — but what exactly does it mean for each one? Below, we'll briefly summarize the opportunities lower rates could ope...
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