This Week's Featured Listings...
No. You Do Not Need 20% Down to Buy NOW!
No… You Do Not Need 20% Down to Buy NOW! The Aspiring Home Buyers Profile from the National Association of Realtors (NAR) found that the American public is still somewhat confused about what is required to qualify for a home mortgage loan in today’s housing market. The results of the survey show that non-homeowners cite the main reason for.
The Mortgage Process: What You Need to Know [INFOGRAPHIC]
The Mortgage Process: What You Need to Know [INFOGRAPHIC] Some Highlights: 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 there to help you determine how.
The Truth About Homeowner Equity
The Truth About Homeowner Equity A recent article from a reputable news source was titled: Here’s why some homeowners still can’t sell. In the opening bullets of the article, the author claimed, “Negative equity is one of the main reasons why there are so few homes for sale.” The article then goes on to soften that stance but.
A Tale of Two Markets: A 6-Month Update
A Tale of Two Markets: A 6-Month Update Six months ago, we reported that the mismatch between the type of inventory of homes for sale and the demand of buyers in the US was causing the formation of two markets. In the starter and trade-up home categories, there were significantly more buyers than there were homes for.
You Don’t Want to Hear This from Your Listing Agent
You Don’t Want to Hear This from Your Listing Agent You’ve decided to sell your house. You begin to interview potential real estate agents to help you through the process. You need someone you trust enough to: Set the market value on possibly the largest asset your family owns (your home) Set the time schedule.
Which Homes Have Increased in Value the Most?
Which Homes Have Increased in Value the Most? Home values have risen dramatically over the last twelve months. The latest Existing Home Sales Report from the National Association of Realtors puts the annual increase in the median existing-home price at 5.6%. CoreLogic, in their most recent Home Price Index Report, revealed that national home prices have increased by 6.7% year-over-year. CoreLogic broke appreciation down.
Should I Buy a Home Now? Or Wait Until Next Year? [INFOGRAPHIC]
Should I Buy a Home Now? Or Wait Until Next Year? [INFOGRAPHIC] Some Highlights: The Cost of Waiting to Buy is defined as the additional funds it would take to buy a home if prices & interest rates were to increase over a period of time. Freddie Mac predicts interest rates to rise to 4.4% by next.
What to Look for in Your Real Estate Team
What to Look for in Your Real Estate Team How do you select the members of your team who are going to help you make your dream of owning a home a reality? What should you be looking for? How do you know if you’ve found the right agent or lender? The most important characteristic.