Despite the economic and financial challenges young adults braved since the recession, Millennials want to become homeowners, according to the 2015 National Association of Realtors® Home Buyer and Seller Generational Trends study, which evaluates the generational differences of recent homebuyers and sellers. Rents are rising at an unprecedented rate making home ownership the smarter, more financially… Read More
How To Tell If It’s Time To Refinance Your Home Loan To determine whether you should consider refinancing your home loan, you can compare the costs of getting a new mortgage with the savings you would get from a reduced interest rate. You may also want to consider refinancing to a different type of mortgage,… Read More
The CorLogic website has published a detailed commentary reinforcing the movement toward recovery for our Real Estate market this year. Citing economic growth strengthened by a drop in energy prices, rising consumer confidence index and improvement in state and local government budgets, the article explains how these favorable factors will contribute to a boost in… Read More
What do you think of when someone dares to utter the words Subprime Mortgage? According to this article in the New York Times, so-called subprime mortgages are inching their way back into the market. But this may not be what you assume. A huge percentage of folks were adversely affected (and let me point out,… Read More
See, our congressmen CAN be reasonable. The current GI Bill will cover college tuition but not the cost of application fees. This can be a prohibitive expense for Veterans just transitioning out of the Military. In this video, Rep. Murphy of Florida is not asking for additional funding, only that the already allocated funds be… Read More
An article on the Dallas Morning News website (below) explains that the expected rise in mortgage interest rates has yet to happen. The real estate market is indeed heating up now and with the surprising drop in interest rates I can’t imagine a better time to buy a home, or invest in real estate. True,… Read More
I had heard about crowdfunding for commercial ventures and large investment real estate but it’s apparently beginning to catch on as a replacement for residential mortgages, as explained in the article below from Entrepreneur.com. I looks like I’ve got a little research to do because I’d really like to know how well this is working,… Read More
I’ve noticed this happening for quite some time now. Rents are rising faster than home prices and mortgage interest rates are remaining affordable. Are you ready to buy? I can help you find out. ~Bill Lauren Gensler Forbes Staff Rents in big, glittering metropolises like New York and San Francisco are notoriously pricey and getting… Read More
by Catherine Reagor, The Republic | azcentral.com Most metro Phoenix homeowners will be happy to learn that their property values climbed again last year, though the increase was smaller than in 2013. But the impact on taxes is still to come. New valuations from the Maricopa County Assessor show that the overall worth of Valley… Read More
This is a somewhat lengthy and very detailed report on the CoreLogic web site. The upshot is that it’s looking like recent changes in the FHA mortgage system have been positive ones. Indications are that the real estate industry and potential homeowners can expect more favorable market conditions, at least for awhile. ~Bill an excerpt… Read More
