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Welcome Home Blog!
Welcome Home Blog!
Check back often for news and updates.
We strive to offer a complete and updated collection of real estate industry news, community updates, neighborhood information; as well as guides to suport both home buyers, and house sellers.
Affordability: or home affordability refers to the amount of money you can comfortably afford to spend on a home. Home affordability takes into account your income, down payment, and monthly debts.
Comparative market analysis (CMA): An in-depth analysis, prepared by a real estate agent, that determines the estimated value of a home based on recently sold homes of similar condition, size, features and age that are located in the same area.
Comps: Or comparable sales, are homes in a given area that have sold within the past several months that a real estate agent uses to determine a home’s value.
Days on market (DOM): The number of days a property listing is considered active.
Listing price: The price of a home, as set by the seller.