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DISCLAIMER: As a friendly reminder, this post is meant to answer the question, “What is a bridge loan?” and is intended for educational purposes, not financial advice. If you need assistance navigating the use of a bridge loan, HomeLight always encourages you to reach out to your own advisor. So you’ve been house-hunting a bit prematurely and fell in love with your dream home — but wait, don’t you have to sell your old home first? Not always! Selling your old home and buying your new one can mean a tricky balance of timing and funds, but a bridge loan might be the solution you are looking for to help the pieces fit together. Bridge loans are short-term financing solutions that help homeowners purchase a new home before selling their old one . To give you all the information you need to evaluate if a bridge loan is right for you, we spoke with Rick Ruiz , who sells homes 67% faster than other agents in the Las Vegas, Nevada area, and Heidi Daunt , Branch Manager and owner of Treehous...

Detroit is a city with a rich history and a diverse population, making it an exciting place to call home. If you’ve just bought a new home in Detroit , you may be considering home remodeling projects to update and enhance your living space. Whether you’re looking to update your kitchen, renovate your bathroom, or create a more open and spacious living area, we’ve got you covered with the most valuable home remodeling trends in Detroit. So, if you’re looking to take your home to the next level, read on to discover eight home improvement projects to transform your space and boost your property value. It’s important to note that the median list price in Detroit is $70,000, so comparing the list price of different home features can help you determine which upgrades will help you sell for more.  #1: Fenced Yard A fenced yard is a great addition to any Detroit home, providing privacy and security while adding curb appeal. With the cold winters in Detroit, a fence can also help bloc...

If you’re thinking about buying a home, be sure to plan for closing costs. Closing costs are typically 2% to 5% of the total purchase price of a home, and they can include things like government recording costs, appraisal fees, and more. from Keeping Current Matters https://www.keepingcurrentmatters.com/2023/03/31/facts-about-closing-costs-infographic/

“In 2022, light fixtures were the most popular technology item among renovating homeowners," said Mitchell Parker, Houzz senior editor. from Forbes - Real Estate https://www.forbes.com/sites/jamiegold/2023/03/31/smart-lighting-is-trending-strongly-with-homeowners-and-design-pros/

If you’re thinking about buying a home right now, you’re probably eyeing housing market headlines with caution. Everything from stubborn inflation and increasing mortgage rates to potential home price declines could cause potential buyers to rethink a new home investment. But there are also reasons for home buyers to be optimistic. Some experts believe many concerns about the housing market are overblown, and they see opportunities for home buyers to cash in on buyer-friendly patterns that are surfacing on the horizon. In this article, we talk to top real estate agents and housing market experts, dig into the details of the housing market, and unearth the silver linings that could emerge for home buyers in 2023. Step one: Connect With a Proven Top Agent Tell us a little bit about your plans (where you’re looking to buy and when you want to make a purchase) and we’ll connect you with top-rated buyer’s agents in your selected market. We analyze over 27 million transactions and thou...

Albuquerque, New Mexico is a unique destination that boasts breathtaking natural beauty, rich culture, and a fascinating history. The city is known for its stunning landscape, which is characterized by dramatic mountains, rolling hills, and the vast expanse of the high desert. So whether you’re a recent transplant renting an apartment in Albuquerque or you’re looking for homes in the area , there are many beautiful places to see, from historic landmarks to natural wonders, here are some of the most beautiful places to visit in Albuquerque.  1. Sandia Peak Tramway The Sandia Peak Tramway is one of Albuquerque’s most iconic attractions, and for good reason. This 2.7-mile-long aerial tramway takes visitors on a breathtaking ride up to the top of Sandia Peak, which stands at an elevation of over 10,000 feet. From the top, visitors can enjoy stunning panoramic views of the surrounding landscape, including the city of Albuquerque and the Rio Grande Valley. 2. Petroglyph Nationa...

Over recent years, senior living communities have transitioned from a heavily suburban phenomenon to one far more likely to be found in urban enclaves. from Forbes - Real Estate https://www.forbes.com/sites/jeffsteele/2023/03/30/senior-living-coming-to-a-dense-walkable-setting-near-you/

Even though activity in the housing market has slowed from the frenzy we saw over a year ago, today’s low supply of homes for sale is still a sellers’ market. from Keeping Current Matters https://www.keepingcurrentmatters.com/2023/03/30/were-in-a-sellers-market-what-does-that-mean/

Spokane is a city located in eastern Washington that is known for its beautiful natural landscape, thriving community, and diverse cultural attractions. With a growing economy, four distinct seasons, and proximity to other major cities and tourist destinations, living in Spokane offers residents a unique quality of life that is difficult to find in other urban centers.  However, like any city, Spokane has its share of pros and cons that may influence a person’s decision to call it home. Whether you’re considering renting an apartment or house in Spokane or purchasing a home in the area , we will explore 11 pros and cons of living in Spokane to help you decide whether it is the right place for you. From outdoor activities and cultural attractions to traffic and public transportation, we will take a look at what life is like in Spokane in order to help you make an informed decision about whether it is a good place for you to call your next home. Pros of living in Spokane 1....

Las Vegas is a city of endless possibilities, offering a wealth of experiences that can be overwhelming to navigate for visitors and locals alike. From hitting the casino floor to indulging in world-class dining or catching a show and exploring the natural beauty surrounding the city, this Las Vegas bucket list is your go-to guide to creating unforgettable memories. So whether you’re looking to rent an apartment in Las Vegas or purchase a home in the area , keep reading to create the perfect itinerary and make the most of your time in this exciting and vibrant city. Must-do bucket list activities in Las Vegas Check out a production show There are countless reasons why Las Vegas is known as the entertainment capital of the world, and one of the biggest draws are any one of the incredible shows you can catch. From the high-energy performances of Cirque du Soleil to the stunning musical performances, there is something for everyone and is a must do while living in Las Vegas . ...