Dear Monty: We are not planning on selling our home just yet. One of the curious observations we have is that real estate companies have started to promote buying our home within the last year. The idea is that by selling directly to a real estate company, we can avoid the hassle and uncertainty involved…
Why Are Real Estate Companies Advertising They Will Buy Your House?
Should We Fix Up Our Home Before Selling?
Dear Monty: We recently read an article urging homeowners to update their homes before putting them on the market. According to the writer, the rationale for doing so is that homebuyers are attracted to up-to-date homes. The writer states that these homes bring more buyers, so the competition between buyers is likely to get a…
Over 11,000 Properties in England Flipped to Holiday Homes Amid Staycation Boom
More than 11,000 second-home owners in England have flipped their properties to become holiday lets since the start of the pandemic, to capitalise on soaring demand for staycations. New analysis of government figures by real estate advisers Altus Group showed that the number of holiday homes trading as businesses has jumped by more than a…
4 Most Common Problems When Children Inherit the Family Home
September 5, 2021
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AdviceBusiness & Economyestate planningFamilyFamily & HomeHOMEhome ownershipLife & Traditionpersonal financereal estate
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Dear Monty: My husband and I are in our 70s. We are thinking about leaving our home to our kids when we are both departed. We are a close family, and they all enjoy coming home with their kids. We have received advice from our friends. Some think it is a beautiful idea, and others…
Leadership, Family, and the Arts: A Conversation With Warburg Realty CEO Frederick W. Peters
Warburg Realty is the largest independent real estate broker in New York City. Founded in 1896, it has brokered many of New York’s great houses and apartments. CEO Frederick Peters has led the company for three decades, through the global financial crisis and the pandemic. A musical composer by training, with a deep love of…
Political Parties Grapple With Housing Affordability Crisis
August 25, 2021
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Business & EconomyCanadaConservativesEconomieselectionGlobal Real Estategreenshousing affordabilityLiberalsNDPppcreal estateWorld
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Analysts can see repercussions from implementing national housing policies and point out that it’s debatable what role the federal government should play.
End the Real Estate Racket
Commentary The housing market is hot, hot, hot right now, and home prices continue to soar in many markets to their highest prices ever. Since it doesn’t cost a real estate agent ten times as much to sell a million dollar home than a $100,000 home, one would expect that the percentage fees for real…
6 Ways to Do-It-Yourself Home Search
Dear Monty: We want to buy a home, but we have been outbid twice already. Agents say few homes are coming on the market, which is a big reason for the high prices. Do you have any suggestions about how we could find a home on our own? Monty’s Answer: Here is what USA Today…
How to Make an Offer on a Home
Dear Monty: We are first-time home buyers. Being rookies, we get lots of advice from family and friends. Still, the process is different with everyone giving us advice. We would appreciate step-by-step guidance on exactly what we should be doing all the way through. How do we make an offer on a home? Monty’s Answer:…
What to Expect From the Post-Pandemic Real Estate Market
By Amanda Moore The COVID-19 pandemic caused incredible upheaval in the real estate industry. From the rise in inner-city rental vacancies and subsequent price drops to the increasing pressure on rural and suburban home prices, there are few areas of the real estate industry that COVID-19 did not touch. As the world begins to recover…
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