52 Weekends in the Poconos

Should you offer above asking price on a house? How much is reasonable?

Making the right offer is crucial

Home sales have skyrocketed in recent years. At the same time, inventory has declined. That means there’s a strong sellers’ market in many parts of the country, with more buyers than homes available.

The result is that home buyers often have to pay more than the list price if they want to beat out the competition.

This can be a tricky situation to navigate.

It’s hard to know how much over asking price is ‘reasonable’ — especially when you’re under pressure to m...
How to Make Your Home Look Great for Virtual Tours: Think Movie-Set Perfect

The demand for real estate virtual tours is surging as buyers seek safe ways to view and experience properties without having to come in contact with anyone. “The virtual tour industry is going bonkers at the moment,” says Jason LaVanture, founder of Real Tour Vision, a network of 1,500+ real estate virtual tour creators across 50 countries. “I can’t believe how many people are looking into virtual tours right now.”

Agents have seen an increase in requests for virtual showings since last April....
Hot Housing Market!  Big Demand For PA Suburban Homes

 

Angelys Ocana-McFarland was a bit overwhelmed, like a frazzled mom in a holiday movie.

Besides the fact the COVID-19 pandemic has been escalating and Christmas was right around the corner, the young photographer and her husband, Christopher McFarland, have been attempting to purchase their home in the Poconos.

“If I would have known how difficult this would be, I wouldn’t have done it,” she said, jokingly.

The truth, though, is she most certainly would have made the move from Brooklyn to Effo...
Will 2021 Be A Good Time To Buy A House?

This year’s housing market has been plagued with low inventory, rising home prices, and endless bidding wars, making it hard for some would-be homeowners to get their foot in the door. Will 2021 be any different? Or, will it be a good time to buy a house?

If you’ve been eyeing a home purchase but have sat out due to 2020’s competitive market (not to mention the other challenges the year has come with), you might be wondering just that.

Though there’s no crystal ball, a clearer picture is starti...
Selling a House? Avoid Taxes on Capital Gains on Real Estate in 2020

The money you make on the sale of your home might be taxable. Here's how it works and how to avoid a big tax bill.

It feels great to get a high price for the sale of your home, but watch out: The IRS may want a piece of the action. That’s because capital gains on real estate are taxable sometimes. Here’s how you can minimize or even avoid a tax bite on the sale of your house.

How does a capital gains tax work?

The IRS and many states assess capital gains taxes on the difference between w...
How To Homeschool When  Your House Is For Sale

Selling your home and homeschooling can both be stressful individually, but combined? My goodness, it can be rough.

With the kids home from school and parents working from home due to the novel coronavirus, it’s easy to feel overwhelmed. The good news is that we have 5 tips to make it a little bit easier!

You'll have to make adjustments to your home, but also to your homeschool routine during the time your house is on the market. It will not only help you with the logistics of showing your home...
Why a Pandemic, Recession, and Protests Aren't Keeping the Housing Market From Roaring Back

The housing market is back—and then some.

Despite the crippling and ongoing coronavirus pandemic, millions out of work, a recession, and national protests, the residential real estate market is staging an astonishing rebound.   Median home prices shot up 6.2% year over year on realtor.com® in the week ending June 27, according to weekly realtor.com data. Homes are selling faster than they did in 2019, when no one had heard of COVID-19. And bidding wars are back as first-time and trade-up buyers...
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Maggie Flartey Kaminski
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