Once you’re in the market to buy a home, you’re going to notice every little thing you hear about the housing market. It could be on the TV, a headline or article online, friends, family, coworkers — everyone has an opinion on how the real […]
Mortgage rates hit all-time record low heading into holiday weekend
Freddie Mac today released the results of its Primary Mortgage Market Survey®, showing that the 30-year fixed-rate mortgage (FRM) averaged 3.07 percent, the lowest rate in the survey’s history dating back to 1971. “Mortgage rates continue to slowly drift downward with a distinct possibility that […]
Sheltering in place leads to desire for more space
The shelter in place orders that have been in effect for weeks across the country have many people spending more time at home than ever before. And after spending so much time in their homes, many of them are noticing what they don’t like about […]
Will This Economic Crisis Have a V, U, or L-Shaped Recovery?
Many American businesses have been put on hold as the country deals with the worst pandemic in over one hundred years. As the states are deciding on the best strategy to slowly and safely reopen, the big question is: how long will it take the […]
Today’s homebuyers want lower prices — Sellers disagree
The uncertainty the world faces today due to the COVID-19 pandemic is causing so many things to change. The way we interact, the way we do business, even the way we buy and sell real estate is changing. This is a moment in time that’s […]
The economic impact of buying a home
We’re in a changing real estate market, and life, in general, is changing too — from how we grocery shop and meal prep to the ways we can interact with our friends and neighbors. Even practices for engaging with agents, lenders, and all of the […]
5 financial benefits to owning your home instead of renting
Owning a home has great financial benefits. In a recent research paper titled “Homeownership and the American Dream,” Laurie S. Goodman and Christopher Mayer of the Urban Land Institute explained […]
Your FICO score and how it affects your mortgage
Are you about to apply for a mortgage loan in order to buy a home? If so, you may be curious about your FICO credit score and how this might affect your financing. Here’s a look at how FICO scores can affect your mortgage and […]
‘Distressed’ properties: Foreclosures, REO’s, Short Sales
A “Distressed” property is the industry term encompassing foreclosures, bank owned (REO) and short sales. Many people think that going after foreclosures is a good way of getting a good deal. It can be. But it can also be a risky purchase, and tough to […]
The right photos can make or break your home sale
There’s a lot that goes into successfully selling your home, from listing at the right time to hiring the right agent. But there’s one asset you might not have thought of that can make or break your home sale — and that’s the right photos. […]
