Michael R Balog

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So far Michael R Balog has created 318 blog entries.

4 Tips to Improve Your Home and Save on Your Energy Bill

As a homeowner, it’s important to keep your home running efficiently, not only to save money, but also to help the environment thrive. October 2nd is Energy Efficiency Day, a perfect time to think about making some key upgrades that will improve the efficiency of your home. If you’re looking to sell your house and [...]

By |2019-10-02T07:43:10-04:00October 2nd, 2019|News, Trending Real Estate Topics|0 Comments

What to Expect from Your Home Inspection

You made an offer and it was accepted. Your next task is to have the home inspected prior to closing. Agents often recommend you make your offer contingent upon a clean home inspection. This contingency allows you to renegotiate the price you offered for the home, ask the sellers to cover repairs, or in some [...]

By |2019-10-01T07:58:27-04:00October 1st, 2019|News, Trending Real Estate Topics|0 Comments

How Does the Supply of Homes for Sale Impact Buyer Demand?

The price of any item is determined by supply, as well as the market’s demand for the item. The National Association of REALTORS (NAR) surveys “over 50,000 real estate practitioners about their expectations for home sales, prices and market conditions” for their monthly REALTORS Confidence Index. Their latest edition sheds some light on the relationship between seller traffic (supply) and buyer traffic (demand). Buyer Demand The [...]

By |2019-09-30T11:56:03-04:00September 30th, 2019|Uncategorized|0 Comments

What Is the Cost of Waiting Until Next Year to Buy?

Some Highlights: The “cost of waiting to buy” is defined as the additional funds necessary to buy a home if prices and interest rates were to increase over a period of time. Freddie Mac forecasts interest rates will rise to 3.8% by Q4 2020. CoreLogic predicts home prices will appreciate by 5.4% over the next 12 months. [...]

By |2019-09-27T09:33:08-04:00September 27th, 2019|News, Trending Real Estate Topics|0 Comments

Homeowners Are Happy! Renters? Not So Much.

When people talk about homeownership and the American Dream, much of the conversation revolves around the financial benefits of owning a home. However, two recent studies show that the non-financial benefits might be even more valuable. In a recent survey, Bank of America asked homeowners: “Does owning a home make you happier than renting?” 93% [...]

By |2019-09-26T12:14:58-04:00September 26th, 2019|News, Trending Real Estate Topics|0 Comments