What Does an Economy with Inflation Mean?
We’ve been talking to many clients about inflation lately. They keep hearing about it on the news. It’s surprising how few—especially those under the age of 50—really know what inflation is and what it means to be in an inflated economy. More specifically, we like to help educate home buyers and homeowners about the effects […]
My Neighbor’s House Sold for $1 Million! What About Mine?
There’s no doubt that real estate is an exciting business, and home prices have been skyrocketing this past year with such low housing inventory. There are more buyers than sellers, and mortgage rates are still quite low, as well. This has helped keep driving home prices upward. Keeping Up with the Neighbors We get homeowners […]
We Sold Our House! Or Did We?
It’s a great feeling to sell your house, but at what stage is your home truly “sold?” In the real estate world, there are a number of different phrases you might hear. One very important one is “under contract” (or sometimes “in contract” or ‘in escrow”). It’s important to know there is a big difference […]
Real Estate After Vaccination—What to Expect
It’s great to know that COVID-19 vaccines are readily available for just about every adult in the United States by now. We got our vaccination shots and that gives us a little more confidence in getting our lives and business somewhat back to normal after a very strange 2020. It may be the literal and […]
Planning Your Home Sale in a Seller’s Market, Part 3
In this final installment of our three-part series, we will explore some of the broader life planning aspects to consider when selling your home in today’s seller’s market. If you haven’t ready the first two parts of this article, please check them out when you have a chance: Part 1: Getting Your Home Ready Part […]
Planning Your Home Sale in a Seller’s Market, Part 2
In our last article, we tackled the notion of preparing for your home sale in today’s seller’s market. The market should be moving very fast this spring and summer. However, you must be prepared and have a good plan in place to make the sale as successful and profitable as possible. If you have not […]
Planning Your Home Sale in a Seller’s Market, Part 1
Some people can get a little confused by the notion of a “seller’s market.” There is no doubt we are in a hot seller’s market right now, and we have been in one for quite some time. Housing inventory is low. Home prices are high. Buyer demand is high. Mortgage rates are still relatively low. […]
How to Make Smarter Decisions When Buying a Vacation Home
Recently on The Cyr Team Real Estate Blog, we talked about some of the important things you need to know when buying an investment property. We touched a little on the idea of vacation homes, but we wanted to explore this topic a little further this week. Buying a second home purely for personal use […]
Buying an Investment Property?
Here Are 5 Tips for a Better Investment Property Transaction. If you are looking to purchase additional property beyond your primary residence, you have to have a good plan. It is important to explore your options, understand your objectives and stay focused on what matters most. Whether you are looking to buy a second home […]
Is it Time to Rethink Your Long-Term Real Estate Plan?
It’s a seller’s market right now. This has been true for years, and the conditions have only been amplified as a result of the pandemic. Buyer demand is high, seller inventory is low and mortgage rates are very favorable. There are other factors from this pandemic that may forever change how people view real estate. […]