Existing Home Sales Slow to Start Spring

Some Highlights: Existing Home Sales slowed to an annual pace of 5.21 million home sales in March. Low inventory levels are still impacting home sales! The current month’s supply of homes for sale is 3.9-months. Median home prices were up 3.8% over last March at $259,400. This marked the 85thconsecutive month with year-over-year price gains. … Continue reading Existing Home Sales Slow to Start Spring

What is PMI?

What You Need to Know About Private Mortgage Insurance (PMI) What is PMI anyway? Whether this 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 … Continue reading What is PMI?

Why So Much Paperwork 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 … Continue reading Why So Much Paperwork To Get A Mortgage?

Mid-Year National Market Update

Are You Thinking About Building Your Dream Home? I Have Lots Available For Every Budget National Real Estate Market Update A lot is happening in the world, and it’s having a direct impact on our housing market. The reality is this: some of it is positive and some of it may be negative. Some we just don’t know … Continue reading Mid-Year National Market Update

What is Important to Boomers when Selling their House?

What is Important to Boomers when Selling their House? Is it time for you to cash in on the equity in your home and enjoy your retirement? If you are a “baby boomer” (born between 1946 and 1964), you may be thinking about selling your current home. Your children may have finally moved out. Your … Continue reading What is Important to Boomers when Selling their House?

Multigenerational Homes Are on the Rise

Multigenerational Homes Are on the Rise   As loved ones start to get older, we start to wonder: how long will they be able to live alone? Will they need someone there to help them with daily life? There’s a reason to ask those questions now more than ever, as the average life expectancy in … Continue reading Multigenerational Homes Are on the Rise

Myths About Home Buying

Slaying the Largest Homebuying Myths Today Some Highlights: The average down payment for first-time homebuyers is only 6%! Mortgage interest rates have been on the decline since November! Hop in now to lock in a low rate! 88% of property managers raised their rents in the last 12 months! The average credit score on approved … Continue reading Myths About Home Buying

Home Buyers Guild

Ready to buy a new home? Here is a simple Home Buyers Guild to help you out! Are You Thinking About Buying a Home? The process of buying a home can be overwhelming at times, but you don’t need to go through it alone. You may be wondering if now is a good time to … Continue reading Home Buyers Guild

Home Appreciation is Softening

Home Prices are Not Dropping but Appreciation is Softening. Home prices have appreciated considerably over the last five years. This has some concerned that we may be in for another dramatic correction. However, recent statistics suggest home values will not crash as they did a decade ago. Instead, this time they will come in for … Continue reading Home Appreciation is Softening

Interest Rates Hits New 12 Month Low!

30 Year Mortgage Interest Rates Hit New 12 Month Low! According to Freddie Mac’sPrimary Mortgage Market Survey, interest rates for a 30-year fixed rate mortgage are currently at their lowest for 2019. Rates like these haven’t been seen since February 2018! Last week’s survey results reported an interest rate of 4.35%. This is a welcome … Continue reading Interest Rates Hits New 12 Month Low!