Posts by Tod Wever

If you aren’t in the market for a new home, why should you care about the new home market? Well, for starters, it plays a very important role in the health of the housing market. And that affects all buyers, not just new home buyers. How? Simply put, new home construction is the quickest way…

New data from the National Association of Realtors shows the typical for-sale property was on the market for just 26 days in April. And, though sales were down during the month, the speed with which homes are selling is evidence that buyers are interested and active in the market. Lawrence Yun, NAR’s chief economist, says…

The housing market has been in a bit of a holding pattern lately. While there is a high level of home buyer demand, there are a lower-than-normal number of homes for sale. That means, though sales should be booming right now, they are only making modest gains. But things can change. And, if more houses…

Spring is the perfect time to focus on freshening and cleaning your rental home. Even if you have long-term tenants, taking the time to do a bit of spring cleaning will still make your property look attractive. Chances are that you might have to look for new tenants at some point. 1. Groom the Landscape…

Spring is in the air and that means a renewed interest in what’s going on with the landscaping of your rental property. Spending a few hours tackling some neglected projects outside can make a huge difference in the entire look of your property. After all, not only do you want to make it appealing and…

Once you have the perfect tenants in your rental home, you’re going to want to keep them as long as possible. While retaining great tenants can be challenging, the following ideas can provide a springboard for doing so. 1. Make a welcoming environment Everyone wants to come home to a beautiful and welcoming home —…

If you are a property owner who is interested in renting your home out, you should get to know your insurance policy very well. After all, it is these documents that serve to protect your property — as well as any other assets you might have — in the event that a catastrophe occurs. Smart Risk…

Becoming the owner of a rental property means that your responsibilities skyrocket. It involves much more than just paying your taxes on time and collecting rent. 1. Maintenance of the Property The proper maintenance is one of the most time consuming parts of owning a rental property. While your personal home can often wait for…

After a surprising year in 2016 marked by attention grabbing events like Trump’s presidential win and Great Britain’s decision to leave the European Union, it finished off with an economy and wages that continued to grow, as well as interest rates that remained low. What does 2017 have in store for the housing market? Some…