Accessory Dwelling Units are not a new thing, but the demand for properties that have an ADU or the potential to add one has increased over the past few years. These dwellings are often called various names such as carriage houses, in-law suites, guest houses, generational homes, garage conversions, casitas, etc. Regardless of what we […]
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Everyone loves a bargain, especially when purchasing real estate. As much as we love a good bargain, finding one in our South Bay real estate market is easier said than done. Often, home buyers need to dig a little deeper into some of the financial numbers, physical stats, and future value & income potential. If […]
It’s well-understood that buying a home can be an exciting, yet emotionally charged process. During the home search specifically, buyers are continuously challenged by homes for sale that doesn’t check every box on their list. Perspective home buyers often have to make compromises when choosing a home to move forward with. Although there may be […]
Luxury listings are always fun to preview, whether you are in that particular market or just curious to see how the rich folks are living. Here at Merit Real Estate, we too love previewing these stunning luxury listings that grace our local marketplace. This week, we are highlighting our top 5 luxury listings in Palos […]
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Factors Driving the Shift in the Real Estate Market The real estate market is a stable and mostly predictable environment for investing. Although stable and predictable, the local and national real estate market is not impervious to changes, shifting trends, and occasional volatility. Let’s take a look at the top 5 factors affecting the real […]
Disclosing a death in the home is something that you may or may not have to do when selling it. If you are selling a home, you will be required to make disclosures about many of the material facts about your home. One specific disclosure that many sellers are often confused about is in regard […]
Successfully Negotiating Home Repairs when Buying a Home Negotiating home repairs after the inspection is often a major hurdle when buying a home. As a home buyer, getting a home inspection is one of the best ways to determine if the home you are purchasing is structurally sound and that all systems are operating properly. […]
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The rise in costs of residential building supplies and shortage of skilled laborers over the past 18 months has been well documented in the news. The effects Covid-19 pandemic on the supply chain for products and materials used to build new homes has created a myriad of challenges to builders and to the end consumer. […]
Over the past 18 months, the new home market has faced a number of challenges, notably, the rise in building costs, shortage of building materials, supply chain issues, and access to qualified labor. These challenges are no doubt the direct effects of the Covid19 pandemic. With the demand for new homes is drastically outpacing the […]
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Planning and Research are Key for First-Time Home Renters Renting a house or apartment for the first time is an exciting moment, but can also be an intimidating and overwhelming experience. It’s like anything else that you are doing for the first time, there is a big learning curve. Before you start, do your research […]
