I previously informed you about a study that revealed that 1.5 million homeowners who were negatively impacted by the housing crisis could re-enter the housing market between 2016-2019.
Does your current house fit your needs? Does it seem like everyone else is moving up and moving on to more luxurious surroundings? Are you wondering what it would take to start living your dream life? Market conditions around the country have presented an opportunity like no other for those who are looking to make […]
Fannie Mae recently raised the cap on its maximum debt-to-income (DTI) ratio to 50 percent. Will it help?
I collect my pet peeves, because I demand better of myself, especially for my clients.
And they are completely avoidable, at little or no expense.
The buying process flowchart
- The Federal Housing Finance Agency (FHFA) recently released their latest Quarterly Home Price Index report.
- In the report, home prices are compared both regionally and by state.
- Based on the latest numbers, if you plan on relocating to another state, waiting to move may end up costing you more!
- Alaska & West Virginia were the only states where home prices are lower than they were last year.
I have five pretty simple rules to make our home shopping experience as stress-free as possible.
You’ll save a lot of money, they are easy to deal with, and their job is to help you.
Your bank? Probably notsomuch…
If you are shopping for a real estate agent (either buying or selling a home), it is absolutely critical that they understand and use the power of the internet for your Advantage (punny, right?).
In this day and age of being able to shop for anything anywhere, it is really important to know what you’re looking for when you start your home search.
Historically, the choice between renting or buying a home has been a close decision. Looking at the percentage of income needed to rent a median priced home today (30%) vs. the percentage needed to buy a median priced home (15%), though…
So you’ve been searching for that perfect house to call a home and you finally found one! The price is right, and in such a competitive market you want to make sure you make a good offer so that you can guarantee your dream of making this house yours comes true!
Since 1987, NAR’s Profile of Home Buyers and Sellers has tracked the number of weeks on the market a home is listed. In 2014 and 2015, homes sold on the market at a median of four weeks. This is the shortest time homes have sold on the market in the last twenty years.
The Concept of Supply & Demand is a simple one. The best time to sell something is when supply of that item is low & demand for that item is high!
Have you ever been flipping through the channels, only to find yourself glued to the couch in an HGTV ‘show hole’*? We’ve all been there… watching entire seasons of “Love it or List it,” “Fixer Upper,” “House Hunters,” “Flip or Flop,” “Property Brothers,” and so many more, just in one sitting.
Interest Rates are still below historic numbers. 88% of property managers raised their rent in the last 12 months! Credit score requirements to be approved for a mortgage continue to fall.
A homeowner’s net worth is 36 times greater than that of a renter ($194,500 vs. $5,400)!
Waiting even a year can make a big difference in affordability…
Whether you are considering the purchase of your first home or trading up to the home your family frequently fantasizes about, there are three crucial questions you must know the answer to…
In many markets across the country, the amount of buyers searching for their dream home greatly outnumbers the amount of homes for sale. One way to show you are serious about buying your dream home is to get pre-qualified or pre-approved for a mortgage before starting your search.