Many buyers are purchasing a home with a down payment as little as 3%.
You may already qualify for a loan, even if you don't have perfect credit.
Take advantage of the knowledge of your local professionals who are … [Read More...]
Going into the 2016 spring market, the biggest challenge the real estate industry has is the lack of available housing inventory for sale. Here are a few experts and their thoughts on the subject:
David Crowe, Chief Economist for the National … [Read More...]
Every homeowner hopes to accomplish five goals when selling their home:
Sell it for the best price
Sell it within a predetermined time
Sell it with the least amount of hassles
Close on the sale the same day they move into their new … [Read More...]
In today’s housing market, where supply is very low and demand is very high, home values are increasing rapidly. One major challenge in such a market is the bank appraisal.
If prices are surging, it is difficult for appraisers to find adequate, … [Read More...]
As a seller, you will be most concerned about ‘short term price’ – where home values are headed over the next six months. As either a first-time or repeat buyer, you must not be concerned only about price but also about the ‘long term cost’ of the … [Read More...]
Yesterday, we discussed the reasons why homeownership makes sense, financially. Today we wanted to touch on the emotional or ‘real’ reasons that many Americans strive to become homeowners.
The Joint Center for Housing Studies at Harvard … [Read More...]
In a recent blog post on Marginal Revolution, economist Alex Tabarrok discussed homeownership as an investment.
Here is what Mr. Tabarrok had to say:
“Housing is overrated as a financial investment. First, it’s not good to have a significant share … [Read More...]
There are some homeowners that have been waiting for months to get a price they hoped for when they originally listed their house for sale. The only thing they might want to consider is... If it hasn't sold yet, maybe it's not priced properly.
After … [Read More...]
Every homeowner wants to make sure they maximize their financial reward when selling their home. But how do you guarantee that you receive maximum value for your house? Here are two keys to ensuring you get the highest price possible.
1. Price it a … [Read More...]
Existing Home Sales rose to an annual rate of 5.47 million, representing an 11% increase year-over-year.
Inventory levels remain below the 6-month supply needed for a normal market at a 4.0-month supply.
Lawrence Yun, NAR's … [Read More...]
The National Association of Realtors (NAR) released their latest Quarterly Metro Home Price report earlier this month. The report revealed that home prices are not only continuing to rise but that the increases are accelerating. Lawrence Yun, Chief … [Read More...]
Just two weeks ago, we posted an article discussing where mortgage interest rates may be heading over the next twelve months. We quoted projections from Fannie Mae, Freddie Mac, the Mortgage Bankers’ Association and the National Association of … [Read More...]