Best to Remodel or Sell? Your children have finally moved out and you and your spouse now live alone in a three or four-bedroom (or bigger house). You have two choices to make: 1. Remodel your house to fit your current lifestyle and needs. 2. Sell your house and purchase the perfect home. Based on … Continue reading Empty Nester?
According to Black Knight Financial Service’s Mortgage Monitor Report, 1.5 million Americans have purchased a home with down payments under than 10% over the last 12 months. This is great news for buyers as this marks a 7-year high. Many mortgage programs offered by agencies like Freddie Mac and Fannie Mae allow buyers to put down as low as 3% to purchase their dream … Continue reading Number of Buyers Putting Down Less Than 10% Hits 7-Year High
First-time homebuyers are flocking to the real estate market by the thousands to find their dream homes in order to make their dreams of homeownership a reality. Unfortunately for many, the inventory of starter and trade-up homes in the US has struggled to keep up with demand! According to the National Association of Realtors (NAR), the inventory of … Continue reading Inventory Desert: Your Home is an Oasis
93.9% Of Homes in The US Have Positive Equity CoreLogic’s latest Equity Report revealed that ninety-one thousand residential properties regained equity in Q1 2017. The outlook for 2017 remains positive as well, as an additional 600 thousand properties will regain equity if home prices rise another 5% this year. The study also revealed that: Roughly 63% of all … Continue reading 93.9% Of Homes in The US Have Positive Equity
Do Your Future Plans Include a Move? What’s Stopping You from Listing Now?
When thinking about real estate and whether to buy or sell, it is important to “feel confident” about the state of our economy. According to the Florida Association of Realtors article below… Consumer confidence about current conditions hits 16-year high NEW YORK – July 25, 2017 – The Conference Board Consumer Confidence Index declined marginally … Continue reading Consumer confidence… hits 16-year high
Recently, Freddie Mac reported on the benefits of home ownership. According to their report, here are the five benefits that “should be at the top of everyone’s list.” Home ownership can help you build equity over time. Your monthly payments will remain stable. You may have some tax benefits. You can take pride in ownership. Homeownership improves your community. … Continue reading The 5 Greatest Benefits of Homeownership
The High Impact of Low Interest Rates on Your Purchasing Power
As you reach retirement, your current house may simply be too big for your needs. Paying large utility bills, maintenance costs and property taxes for an older home on a large lot can often drain hard earned retirement funds. During a time when you have a lower income and too much house, there may … Continue reading Retirees Turning to Custom Homes to Get The Right Space