Money & You 5 Powerful Reasons to Own Instead of Rent 5 Powerful Reasons to Own Instead of Rent Owning a home has great financial benefits. In a recent research paper, Homeownership and the American Dream, Laurie S. Goodman and Christopher Mayer of the Urban Land Institute explained: “Homeownership appears to help borrowers accumulate housing and nonhousing wealth in a variety of ways, with tax advantages, greater […]
Money & You Now’s the Time to Move-Up and Upgrade Your Current Home! Now’s the Time to Move-Up and Upgrade Your Current Home! Homes priced at the top 25% of the price range for a particular area of the country are considered “premium homes.” In today’s real estate market, there are deals to be had at the higher end! This is great news for homeowners wanting to upgrade […]
Buyer Advice and Aid 10 Steps to Buying A Home This Summer 10 Steps to Buying a Home This Summer [INFOGRAPHIC] Some Highlights: If you are thinking of buying a home, you may not know where to start. Here is a simple list of 10 steps that you will go through to purchase a home. Make sure to ask your agent for details about each step and […]
Real Estate Trends Is Mortgage Debt Out of Control? Is Mortgage Debt out of Control? The housing crisis of the last decade was partially caused by unhealthy levels of mortgage debt. Homeowners were using their homes as ATMs by refinancing and swapping their equity for cash. When prices started to fall, many homeowners found themselves in a negative equity situation (where their mortgage was […]
Real Estate Trends 3 Reasons People Are SElling Their Houses Right Now
Real Estate Trends Millennials Are Increasing the Demand for Condominiums Millennials Are Increasing the Demand for Condominiums When deciding to buy a home, people are presented with many different options. The type of home you buy depends on your needs, budget, and in many cases, the desired maintenance level. For many millennials, their choice has been buying a condominium! According to CoreLogic, “Last year about 43% of […]
Seller Advice Top 5 Reasons You Should NOT FSBO Top 5 Reasons You Should NOT FSBO Rising home prices coupled with a lack of inventory in today’s market may cause some homeowners to consider selling their home on their own (known in the industry as a For Sale By Owner). However, a FSBO might not be a good idea for the vast majority of sellers. The top […]
Reasons to Invest in Real Estate Americans Rank Real Estate Best Investment for 6 Years Running! Americans Rank Real Estate Best Investment for 6 Years Running! [INFOGRAPHIC] Some Highlights: Real estate has outranked stocks/mutual funds, gold, savings accounts/CDs, and bonds as the best long-term investment among Americans for the last 6 years. Stock owners are more positive about real estate than stocks as an investment. Of the 4 listed, real estate is the […]
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Uncategorized Know What to Expect at Your Home Inspection Know What to Expect at Your Home Inspection So you made an offer and it was accepted. Now, your next task is to have the home inspected prior to closing. Agents oftentimes make your offer contingent on a clean home inspection. This contingency allows you to renegotiate the price you paid for the home, ask the sellers […]
Uncategorized Home Ownership Is the American Dream!
Buyer Advice and Aid Before You Look for Your Dream Home: Know What You Want vs. What You Need! Before You Look for Your Dream Home: Know What You Want vs. What You Need! 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. If you’ve been thinking about buying a home of your own […]
Buyer Advice and Aid Having a Professional on Your Side Makes All the Difference! Having a Professional on Your Side Makes All the Difference! In today’s fast-paced world where answers are a Google search away, there are some who may wonder what the benefits of hiring a real estate professional to help them in their home search are. The truth is, the addition of more information causes more confusion. Shows like Property […]
Buyer Advice and Aid Stop Wondering What Your Budget Is & Get Pre-Approved! Stop Wondering What Your Budget Is & Get Pre-Approved! In many markets across the country, the number of buyers searching for their dream homes outnumbers the number of homes for sale. This has led to a competitive marketplace where buyers often need to stand out. One way to show that you are serious about buying your dream […]
Buyer Advice and Aid Update: Your 6 Month Mortgage Rate Forecast
Buyer Advice and Aid What You Need to Know About Private Mortgage Insurance (PMI) What You Need to Know About Private Mortgage Insurance (PMI) Whether it is your first time or your fifth, it is always important to know all the facts when it comes to buying a home. With the large number of mortgage programs available that allow buyers to purchase homes with down payments below 20%, you […]
Buyer Advice and Aid Why Is So Much Paperwork Required to Get a Mortgage? Why Is So Much Paperwork Required to Get a Mortgage? When buying a home today, why is there so much paperwork mandated by the lenders for a mortgage loan application? It seems like they need to know everything about you. Furthermore, it requires three separate sources to validate each and every entry on the application form. Many buyers […]
Seller Advice 5 Reasons to Sell Your House This Summer 5 Reasons to Sell Your House This Summer Here are 5 compelling reasons listing your home for sale this summer makes sense. 1. Demand Is Strong The latest Buyer Traffic Index  from the National Association of Realtors (NAR) shows that buyer demand remains strong throughout the vast majority of the country. These buyers are ready, willing, and able to […]
Money & You Top 4 Renovations for the Greatest Return on Investment Top 4 Renovations for the Greatest Return on Investment! [INFOGRAPHIC] Some Highlights: If you are planning on listing your house for sale this year, these four home improvement projects will net you the most Return on Investment (ROI). Minor renovations can go a long way toward improving the quality of your everyday life and/or impressing potential buyers. […]
Seller Advice 3 Reasons You Shouldn’t FSBO
Real Estate Trends Time for Your Dream Home, Gen X! Time for Your Dream Home, Gen X! During the housing market crash, Gen X homeowners lost more wealth than other generations. However, things are changing now! A strong economy, increasing home prices, and the recovery of the housing market are helping this generation to regain their lost wealth. According to Pew Research Center, “Their fortunes have rebounded […]