The price of any item (including residential real estate) is determined by the theory of ‘supply and demand.’ If many people are looking to buy an item and the supply of that item is limited, the price of that item increases.
Read MoreWhether you are thinking of selling your house or buying a home, today’s real estate headlines can be confusing – perhaps even concerning.
Read MoreFor centuries, people in this country have seen homeownership as part of the American Dream.
Read MoreWhen homebuyers begin their research, they want to see all their available options!
Read MoreAs we kick off the new year, many families have made resolutions to enter the housing market in 2019.
Read MoreWe frequently talk about why it makes sense to buy a home financially, but more often than not the emotional reasons are the more powerful or compelling ones.
Read MoreThere is a lot of uncertainty regarding the real estate market heading into 2019.
Read MoreAs we head into 2019, many news outlets and housing experts warn that the housing market may slow down.
Read MoreNo matter how much you love your home, the time may eventually come to take the next step in home ownership: a larger property for you and your family.
Read MoreMany homeowners believe that they’re locked into a mortgage for the long run, but this doesn’t have to be the case.
Read MoreMany Americans dream of home ownership and wonder how they can make that dream a reality.
Read MoreThe VA itself doesn’t loan money for veterans to buy homes; instead, it guarantees the loan.
Read MoreBuying your first home can seem like a Herculean effort.
Read MoreIn today’s real estate market, with low inventory dominating the conversation in many areas of the country, it can often be frustrating to be a first-time homebuyer if you aren’t prepared.
Read MoreAccording to a new study from Urban Institute, there are over 19 million millennials in 31 cities who are not only ready and willing to become homeowners, but are able to as well!
Read MoreChances are if you are renting you are spending too much of your income on your monthly housing expense.
Read MoreA considerable number of potential buyers shy away from jumping into the real estate market due to their uncertainties about the buying process.
Read MoreWe are beginning to see reports that more housing inventory is coming to the market and that buyer demand may not be increasing at the same pace it did earlier this year.
Read MoreSaving for a down payment is often the biggest hurdle for a first-time homebuyer as median incomes, rents, and home prices all vary depending on where you live.
Read MoreThe interest rate you pay on your home mortgage has a direct impact on your monthly payment; the higher the rate, the greater the payment will be.
Read MoreRising home prices have been in the news a lot lately and much of the focus has been on whether home prices are accelerating too quickly, as well as how sustainable the growth in prices really is.
Read MoreHere are four great reasons to consider buying a home today instead of waiting.
Read MoreIt should come as no surprise that buying a home in a good school district is important to homebuyers.
Read MoreThere are some people who have not purchased homes because they are uncomfortable taking on the obligation of a mortgage.
Read MoreHave you ever been flipping through the channels, only to find yourself glued to the couch in an HGTV binge session?
Read MoreThere are many conflicting headlines when it comes to describing today’s real estate market.
Read MoreSome experts are calling for a slowdown in the economy later this year and most economists have predicted that the next recession could only be eighteen months away.
Read MoreAs more and more baby boomers enter retirement age, the question of whether or not to sell their homes and move will become a hot topic.
Read MoreAccording to the Realtors Confidence Index from the National Association of Realtors, 61% of first-time homebuyers purchased their homes with down payments below 6% in 2017.
Read MoreWe often talk about why it makes financial sense to buy a home, but more often than not, the emotional reasons are the more powerful or compelling ones.
Read MoreSummer is traditionally a busy season for real estate.
Read MoreSince the creation of the Veterans Affairs (VA) Home Loans Program, over 22 million veterans have achieved the American Dream of homeownership.
Read MoreRising home prices have many concerned that the average family will no longer be able to afford the most precious piece of the American Dream – their own home.
Read MoreA new trend has begun to emerge.
Read MoreMortgage interest rates have increased by more than half of a point since the beginning of the year.
Read MoreIn this extremely hot real estate market, some homeowners might consider selling their homes on their own which is known as a For Sale by Owner (FSBO).
Read MoreIn many markets across the country, the number of buyers searching for their dream homes greatly outnumbers the number of homes for sale.
Read MoreThe results of the 2018 Rental Affordability Report from ATTOM show that buying a median-priced home is more affordable than renting a three-bedroom property in 54% of U.S.
Read MoreWhen it comes to buying a home, whether it is your first time or your fifth, it is always important to know all the facts.
Read MoreIt’s no mystery that cost of living varies drastically depending on where you live, so a new study by GOBankingRates set out to find out what minimum salary you would need to make in order to buy a median-priced home in each of the 50 states, and Washington, D.C.
Read MoreThe price of any item is determined by the supply of that item, as well as market demand. The National Association of REALTORS (NAR) surveys “over 50,000 real estate practitioners about their expectations for home sales, prices and market conditions” for their monthly REALTORS Confidence Index.
Read MoreSaving for a down payment is often the biggest hurdle for a first-time homebuyer.
Read MoreAs more and more baby boomers enter retirement age, the question of whether or not to sell their homes and move will become a hot topic.
Read MoreIf you are considering selling your current home, to either move up to a larger home or into a home in an area that better suits your current family needs, great news was just revealed.
Read MoreIf your house no longer fits your needs and you are planning on buying a luxury home, now is a great time to do so!
Read MoreHere are four great reasons to consider buying a home today instead of waiting.
Read MoreThe famous quote by Mark Twain in the title of this article can be used to describe homeownership in America today.
Read MoreAccording to the National Association of REALTORS most recent Profile of Home Buyers & Sellers, married couples once again dominated the first-time homebuyer statistics in 2017 at 57% of all buyers.
Read MoreThe interest rate you pay on your home mortgage has a direct impact on your monthly payment.
Read MoreUrban Institute recently released a report entitled, “Barriers to Accessing Homeownership,” which revealed that “eighty percent of consumers either are unaware of how much lenders require for a down payment or believe all lenders require a down payment above 5 percent.” Myth #1: “I Need a 20% Down Payment” Buyers often overestimate the down payment funds […]
Read MoreAs home values continue to increase at levels greater than historic norms, some are concerned that we are heading for another crash like the one we experienced ten years ago.
Read MoreIn many markets across the country, the number of buyers searching for their dream homes greatly outnumbers the number of homes for sale.
Read MoreHomeownership is a major part of the American Dream.
Read MoreCoreLogic’s latest Equity Report revealed that “over the past 12 months, 712,000 borrowers moved into positive equity.” This is great news, as the share of homeowners with negative equity (those who owe more than their home is worth), has dropped more than 20% since the peak in Q4 of 2009 (26%) to 4.9% today.
Read MoreHome prices are expected to appreciate on average by 3.35% per year.
Read MoreWe often talk about the financial reasons why buying a home makes sense.
Read MoreMortgage interest rates, as reported by Freddie Mac, have increased over the last several weeks. Freddie Mac, along with Fannie Mae, the Mortgage Bankers Association and the National Association of Realtors, is calling for mortgage rates to continue to rise over the next four quarters.
Read MoreAccording to a survey conducted by ClosingCorp, over half of all homebuyers are surprised by the closing costs required to obtain their mortgage.
Read MoreIn 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.
Read MoreMarried couples once again dominated the first-time homebuyer statistics last year at 66% of all buyers, according to the most recent Profile of Home Buyers & Sellers.
Read MoreHere are four great reasons to consider buying a home today, instead of waiting.
Read MoreAccording to Black Knight Financial Service’s Mortgage Monitor Report, 1.5 million Americans have purchased a home with down payments under than 10% over the last 12 months.
Read MoreAccording to a recent report by Trulia, “buying is cheaper than renting in 100 of the largest metro areas by an average of 33.1%.” The report may have some people thinking about buying a home instead of signing another lease extension, but does that make sense from a financial perspective?
Read MoreAccording to the latest report from the US Census Bureau, more Americans chose purchasing a home over signing a lease to rent in the first quarter of 2017.
Read MoreHere are four great reasons to consider buying a home today, instead of waiting.
Read MoreAccording to a recent survey conducted by Genworth Financial Inc.
Read MoreAccording to the Beracha, Hardin & Johnson Buy vs.
Read MoreMany Americans got some depressing news last week; either their tax return was not as large as they had hoped or, in some cases, they were told they owed additional money to either the Federal or State government or both.
Read MoreThere are some homeowners that have been waiting for months to get a price they hoped for when they originally listed their house for sale.
Read MoreThere are some homeowners that have been waiting for months to get a price they hoped for when they originally listed their house for sale.
Read MoreTraditionally, spring is the busiest season for real estate.
Read MoreA study by Edelman Berland reveals that 33% of homeowners who are contemplating selling their houses in the near future are planning to scale down.
Read MoreEveryone has their own reasons for buying their first home, moving up or sizing down.
Read MoreHere are four great reasons to consider buying a home today instead of waiting.
Read MoreThis is the home page.
Read MoreOver the next five years, home prices are expected to appreciate 3.22% per year on average and to grow by 17.3% cumulatively, according to Pulsenomics’ most recent Home Price Expectation Survey.
Read MoreThe most recent Pending Homes Sales Index from the National Association of Realtorsrevealed a slight bump in contracts with an increase of 1.6% in December.
Read MoreAccording to ATTOM Data Solutions’ 2017 Rental Affordability Report, buying a home is more affordable than renting in 354 of the 540 U.S.
Read MoreAccording to a recent analysis by CoreLogic, Millennial renters (aged 20-34) who have student loan debt also have higher credit scores than those who do not have student loans.
Read MoreThe most recent Pending Homes Sales Index from the National Association of Realtorsrevealed a slight bump in contracts with an increase of 1.6% in December.
Read MoreThere are some who are calling for a decrease in home prices should mortgage interest rates begin to rise rapidly.
Read MoreAs the temperature in many areas of the country starts to cool down, you might think that the housing market will do the same.
Read MoreMultigenerational homes are coming back in a big way!
Read MoreAccording to the Census Bureau, millennials have overtaken baby boomers as the largest generation in U.S.
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