These periwinkle-colored flowers, Camas Lilies, adorn the Pacific Northwest in springtime. The roots were once widely consumed by Indigenous peoples. Photo by Don Paulson/Alamy Stock Photo
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How Much Is Capital Gains Tax on Real Estate? Plus, How To Avoid It
By Margaret Heidenry Aug 6, 2022 (Getty Images) Capital gains tax is the income tax you pay on gains from selling capital assets—including real estate. So if you have sold or are selling a house, what does this mean for you? If you sell your home for more...
Contingent vs. Under Contract: What Do All Those Real Estate Status Codes and Listing Terms Really Mean?
By Margaret Heidenry Aug 7, 2022 (IPGGutenbergUKLtd/iStock) Contingent vs. under contract? Call it what you will—jargon, shorthand, lingo—but every industry, including the real estate world, has its own language, a collection of terms that are essential to...
What Does Renter’s Insurance Cover?
By Angela Colley Aug 5, 2022 (John Tlumacki / The Boston Globe via Getty Images) Renter’s insurance is an important safety net. Having a policy can save you from big expenses—and even bigger headaches—if disaster strikes your rental. But what are those disasters,...
A Buyer’s Guide to ‘Price-Reduced’ Homes—and Why They Aren’t Always a Deal
By Meera Pal Aug 3, 2022 (Getty Images) Homebuyers who’ve braved the real estate market lately have no doubt noticed that housing prices are through the roof, hovering at a record-setting national median of $450,000. Combined with rising interest...
How To Calculate Property Tax: What Homeowners Should Know About How to Estimate Property Taxes
By Jamie Wiebe Jul 27, 2022 (Getty Images) Need to know how to estimate property taxes? You’ve come to the right place! Most people know that homeownership requires coughing up copious amounts of money. There’s your mortgage, of course, but the costs hardly...
Does the House You Want To Buy Have Sketchy Internet? Here’s What To Do
By Lisa Marie Conklin Jul 19, 2022 (Getty Images) You finally find it, your own version of heaven: a fantastic house just off the beaten path. It couldn’t get much better—until you find out the internet is iffy or no signal exists. So if you can’t work remotely...
The Housing Market Is Correcting. So Why Are Home Prices Still Running Up That Hill?
By Clare Trapasso Jul 19, 2022 (Collage by Realtor.com / Getty Images) Home prices have continued their seemingly inexorable rise, despite America’s housing market purportedly being in the throes of a correction, a slowdown—whatever you want to call it. It’s...
How Do Mortgage Brokers Get Paid?
By Angela Colley Jun 27, 2022 (iStock) So, you’re looking to buy a home. This is an exciting time filled with home tours, wish lists, and looking forward to making new memories in a new house. But finding a lender and getting a mortgage can be a difficult and...
Renovating a Home During Inflation: How To Add Value Without Draining Your Savings Account
By Meera Pal Jul 12, 2022 (Realtor.com/Getty Images) With inflation at a 40-year high and mortgage rates more than 2% points higher than they were six months ago (and continuing to climb), you might find that now is not the right time to buy a new home....