HouseLogic An Inside View of The NAR’s New Consumer Engine

Whether readers are looking for solutions to buy, improve, maintain or sell, it is imperative understand the costs and rewards home renovations can have on a home and its value. By creating a family of digital products and tools that bring value houselogic.com to the homeownership journey.Capitalizing on HouseLogic’s namesake, ROI Genius is the first product in a family of products meant to empower homeowners and evolve how HouseLogic interacts with its readers. How do you expand the impact of HouseLogic’s expert advice and package it into an easy-to-use, easy-to-market and easy-to-monetize offering?

  • More homeowners are tackling remodeling projects, but are they choosing the projects that could increase a home’s resale value on top of adding enjoyment?
  • I cannot find any realtor with ANY value to add beyond what I can readily do better myself.
  • Being licensed, bonded, and insured can lend credibility to contractors and offer protection to homeowners, but these credentials come with some limitations, according to Rudin.
  • Painting the entire home or even one room is the most common project real estate agents recommend to make properties more marketable, according to the NAR report.

HouseLogic – What it is and How Can You Use it!

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Visit our contact page — a real person reads every message. Whether you’re buying your first place or finishing your third basement, the goal is the same — decisions you won’t regret. If we haven’t done it, measured it, or priced it, we don’t write about it. We publish practical, experience-backed guides on buying, selling, remodeling, and maintaining homes.

Your Stress-Free Guide to Shopping for Home Loans

Find IL real estate agents and Schaumburg real estate on ActiveRain. As Northern Virginia’s source of real estate knowledge, we serve the whole community. “It occurred because of risky subprime mortgages that appeared heavily in the market. In July 2025, 21% of homes sold for above asking price, and the average listing received 2.1 offers, according to the July 2025 REALTOR® Confidence Index, which is based on feedback from 1,500 real estate professionals.

Some real estate and staging professionals say the blank slate look that’s been popular for a while may now be missing the mark. Wellness is becoming the latest buzzword in real estate. Here are ways to collaborate and use technology tools to get results in the current housing market.

NAR Field Guides

  • The Association’s goal is to bridge Realtors with consumers in an attempt to maintain the brand relationship with consumers they’ve enjoyed for over 100 years.
  • Whether you’re reading headlines or listening to opinions or news, checking the facts and the numbers behind them will separate facts from real estate myths and lead to more-sound real estate decisions.
  • In addition, consider practical matters before getting a jumbo loan too.
  • On top of that were regular failed inspections, mismeasured doors and windows, hard-to-reach contractors, a carbon monoxide gas leak that sent Costello to the ER, and home renovation costs that inched higher than her $150,000 budget.
  • Looking back, Costello says she likely could have avoided some of her remodeling nightmare by spotting the red flags.

Whether you’re reading headlines or listening to opinions or news, checking the facts and the numbers behind them will separate facts from real estate myths and lead to more-sound real estate decisions. In addition to VA and USDA loans, many state-specific home-buying grants and first-time home buyer down payment programs are available, he says. Housing myths may leave you confused about what’s really happening in the real estate market.

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Now You Know the Basics. It’s Time to Call for Backup

Listing realtors don’t sell apparently – buyers agents do (what a crock). What makes this most interesting is that in the past, real estate professionals have been reminded time and again that the Association is member centric, and finally that is no longer the case. HouseLogic seeks to be a Resource not found elsewhere on the web, helping consumers improve and maintain the value of their home, providing resources and cost savings in the process- the “Mint.com for homeowners”, says Jim Duncan. And because they don’t earn a paycheck from your loan selection, their advice about mortgages should be impartial. Let’s start with the most common type of mortgage, that workhorse of home loans — the fixed-rate mortgage.

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Today’s market looks very different from the one in 2008, Yun says. A preapproval letter signals to sellers that you’re a serious buyer, and it could help strengthen your offer. By comparison, financial experts often recommend households keep that share under 28% of gross monthly income to avoid becoming cost-burdened. That means the typical family spends 25.7% of their income on housing.

Ultimately, you’ll be working with your loan officer or broker to narrow these choices and find a loan that works for you and your finances. Only a select number of lenders offer USDA loans; here’s a list of USDA-approved lenders nationwide. Given the benefits, a VA loan is often the best mortgage option for people who qualify. A broad swath of people, including those with lower credit scores and income, use FHA loans. That depends on which government loan you’re looking at. If you’re not a first-time home buyer or you earn 80% or less than the median income in your area, the down payment requirement is 5%.