If you’re currently renting and have dreams of owning your own home, it may be a good time to think about your next move. With rent costs rising annually and many helpful down payment assistance programs available, homeownership may be … [Read more...]
Mortgage Interest Rate Forecast and the Cost of Waiting To Buy a Home [INFOGRAPHIC]
Some Highlights: Interest rates are projected to increase steadily heading into 2020. The higher your interest rate, the more money you will end up paying for your home and the higher your monthly payment will be. Rates are still … [Read more...]
What Type of Real Estate Investors Are Buying in This Market?
Over 10% of all residential homes are purchased by investors, and that number continues to rise. Who are these investors? Many have speculated that the large institutional conglomerates such as Blackstone, American Homes 4 Rent, and … [Read more...]
A Lot Has Changed in a Year for Sellers
Over the last few years, many sellers have been hesitant to put their houses on the market because they feared not being able to find another home to buy. We’ve reported on inventory shortages in the past, and it’s been a constant … [Read more...]
Understanding When It Makes Sense To Refinance Your Home
With the recent lower interest rates, many homeowners are wondering if they should refinance. To decide if refinancing is the best option for your family, start by asking yourself these questions: Why do you want to refinance? There … [Read more...]
Projected Home Price Appreciation 2019 – 2022
Questions continue to come up about where home prices will head throughout the rest of this year, as well as where they may be going over the few years beyond. We’ve gathered current data from the industry’s most reliable sources to help … [Read more...]
A Breakdown of Millennial First-Time Homebuyer Stats [INFOGRAPHIC]
Some Highlights: According to the US Census Bureau, “millennials” are defined as 18-36-year-olds. According to NAR’s latest Profile of Home Buyers & Sellers, the median age of all first-time home buyers is 32. More and more … [Read more...]
Americans Strongly Believe in Homeownership as an Investment
The Federal Reserve Bank (The Fed) recently released their 2019 Survey of Consumer Expectations Housing Survey. The survey reported that 65% of Americans believe homeownership is a good financial investment. Since 2014, the percentage … [Read more...]
Sell Your Home Faster With These 4 Tips
Since June of last year, we have seen an increase in the inventory of homes for sale month per month. Every spring and summer, the inventory increases because people want to sell their home. For those with children, they may want to be in … [Read more...]
5 Big Reasons to Own Your Home And Not Rent
Owning a home has great financial benefits. In a recent research paper, Homeownership and the American Dream, Laurie S. Goodman and Christopher Mayer of the Urban Land Institute explained: “Homeownership appears to help borrowers … [Read more...]
Now Is A Great Time to Upgrade Your Current Home!
Homes priced at the top 25% of the price range for a particular area of the country are considered “premium homes.” In today’s real estate market, there are deals to be had at the higher end! This is great news for homeowners wanting to … [Read more...]
10 Steps to Follow When You Buy a Home This Summer [INFOGRAPHIC]
Some Highlights: If you are thinking of buying a home, you may not know where to start. Here is a simple list of 10 steps that you will go through to purchase a home. Make sure to ask your agent for details about each step and … [Read more...]
Happy Independence Day!
Wishing you & yours a safe & Happy 4th of July! … [Read more...]
Comparing Today’s Mortgage Debt Level to the Housing Bubble
The housing crisis of the last decade was partially caused by unhealthy levels of mortgage debt. Homeowners were using their homes as ATMs by refinancing and swapping their equity for cash. When prices started to fall, many homeowners … [Read more...]
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