Investment home buyers have dropped off noticeably compared to years past, due in large part to the perception that home prices are artificially inflated and interest rates are high. But home prices seem to have stabilized at least for the time being, indicating that the surge in home prices may not be ‘artificial’ after all…. Read More
We’ve been teetering on the edge of an uncertain housing market for some time now. The Rent vs Buy decision has become even more debatable than ever. Wondering about the stability of home prices in certain areas has caused buyers to question their choice of locations, and erratic mortgage rates certainly don’t help in determining… Read More
Real Estate markets fluctuate daily but one industry trend has persisted for years- the most common expression is ‘lack of inventory’. It has been the motivation behind most of our ongoing problems with the real estate market. Home prices soared because of low inventory and current home buyers are in limbo for the same reason…. Read More
IT WAS FUN WHILE IT LASTED This is clearly the only way for home sellers to look at it. In the world of Real Estate, change is good. Just imagine what would happen to the market if our recent upsurge in home prices and extreme seller’s market had continued unchecked. Fantastic for home sellers you… Read More
Shopping for a home before you’ve nailed down your price range is not only unwise but can be truly disappointing. You may have a vague idea of what you can afford, but before you’ve talked with a lender, it’s hardly possible to grasp all the costs involved or the options available to you including those… Read More
Along with Coronavirus being a novel occurrence, so too are Mortgage Interest Rates. I know I’ve never seen anything like it, some rates are under 3%. Personally, I would be thrilled if I were in a the market for a home right now. It might seem like a strange time to be buying a home,… Read More
If market conditions are a bit challenging for home buyers right now, the FED’s recent decision to drop interest rates and the resulting decrease in mortgage rates, provide a satisfying counterbalance. The home buying market has been tight and overly competitive for quite some time due in large part to lower-than-normal inventory. Home buyers in… Read More
I’ve talked a great deal about VA Mortgages in these posts, and I have no doubt we’ll be touching on that subject again very soon as a lot has changed. But for those of you who are not lucky enough to be able to take advantage of the VA’s zero-down option, today we touch on… Read More
Home Buyers are never quite sure of the precise moment to lock in their interest rate. Quite frankly, I’m not sure you’ll find a better time than now. Thought the Spring home buying season is right around the corner, home prices seem to be fairly stable, by which I mean we’re experiencing a normal rise… Read More
Using credit responsibly is an integral part of your personal finance. Not only is credit a key factor in securing a mortgage when buying a home, vehicle or other major purchase, landlords and property managers invariably look at credit before approving new renters, as do insurers, utility companies and employers. It’s not always easy to… Read More
