The 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. That is why it is important to look at where rates are headed when deciding to buy now or wait until next year.
With inventory presently below historically normal levels, current & future home prices have been the topic of many real estate conversations. The most recent Home Price Expectation Survey was just released; giving insight into where experts believe prices will be leading up to 2019.
More winter or not...if you want to make a move, change your life or travel 'round the world, now's the time to make it happen. People sell and buy homes everyday of the year, waiting until springtime is not always the best, especially if you're ready now!
There have been some who have voiced doubt as to whether or not the younger generations still consider buying a home as being part of the “American Dream”. A recent study by Merrill Lynch puts that doubt to rest. According to their research, every living generation still maintains that ownin
Snow and Spring Forward...how can that possibly be? Well it is and it's this coming weekend, March 8th! Don't forget to change the clocks! And...if you are planning on selling your home in 2015, meet with me to evaluate the opportunities in the market.
Just like our clocks this weekend in the majority of the country, the housing market will soon “spring forward”! Similar to tension in a spring, the lack of inventory available for sale in the market right now is what is holding back the market.
We all learned in school that when selling anything, you will get the most money if the demand for that item is high and the inventory of that item is low. It is the well-known Theory of Supply & Demand.
If you are thinking of selling your home, here are two graphs that strongly suggest t
Two recently released reports reveal that the American public is starting to feel much better about the U.S. economy. The University of Michigan’s Surveys of Consumers showed that:
“Consumer optimism reached the highest level in the past decade in the January 2015 survey…Consumers judged
You've heard the expression, "better late than never." Well...in some instances that certainly is true. If BUYING A HOUSE is on your calendar for this year...SOONER RATHER THAN LATER is the new mantra!
There are many people deciding on whether to sign a new lease on a rental property or take the dive into homeownership. Every situation is different. However, with rents, home values and mortgage interest rates projected to rise, buying now might make a lot more sense than waiting until next yea
Calm down! Lower down payments were not the cause of default rates in the past and may be just what's needed to "open the credit box" so more will be able to qualify for a mortgage and purchase their own home! Is the time right for you?
After it was announced that Fannie Mae and Freddie Mac would again make available mortgage loans requiring as little as a 3% down payment, many people showed concern. Were we going back to the lower qualifying standards of a decade ago that caused the housing market crash? Won’t lower down payments dramatically increase the default…