A recent post by the National Association of Realtors (NAR) revealed that in the months of December 2014 through February 2015, there was an increase in the number of first-time buyers making a down payment of 6% or less as compared to last year: 2014: 61% of first time home buyers 2015: 66% of first [...]
Today, many real estate conversations center on housing prices and where they may be headed. That is why we like the Home Price Expectation Survey. Every quarter, Pulsenomics surveys a nationwide panel of over one hundred economists, real estate experts and investment & market strategists about where prices are headed over the next five years. They then average [...]
Some Highlights: Even a small increase in interest rates drastically impacts your budget. Securing a mortgage now while rates are still low means you can get more house for your money. Spend your money on your dream home, not on interest. Are you looking to purchase a home? Let us show you how to find [...]
Matthew Rognlie, from the Department of Economics at MIT, recently released a paper:Deciphering the Fall and Rise in the Net Capital Share. One of the major findings of the report is that homeownership is and has been for the last fifty years a major component to family wealth. An article on the study in The [...]
PMI (Private Mortgage Insurance) is the biggest waste of any homeowners money ever in the entire universe and you need to get rid of it. What is PMI or MI? Isn't it insurance on the house? Doesn't it benefit me as a homeowner? PMI is insurance for the benefit of the lender. Basically what it [...]
It's pretty obvious that any parent who owns a home has the intention of leaving that home to their children upon passing or maybe transferring as a form of a gift at some time. That is a great thing. That's what we work so hard for, to leave some sort of legacy for our children. [...]
Make Good Offers Great Offers - It can be really upsetting when after all your hunting, you finally find the perfect dream home and you lose it because of one or more simple mistakes. It's been a life long lesson that is taught in every generation but most people don't know it simply because these [...]
