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When it comes to mortgages, there’s a big gap between what people think they need in order to get one and the reality of what buyers are successfully doing—especially young people. I know, I know, I’ve written on down payments before (like last month, when I highlighted that putting 20% down isn’t the norm). But you know what? When […]
Are you thinking of buying a home? Are you dreading having to walk through strangers’ houses? Are you concerned about getting the paperwork correct? Hiring a professional real estate agent can take away most of the challenges of buying. A great agent is always worth more than the commission they charge, just like a great […]
A considerable number of potential buyers shy away from jumping into the real estate market due to their uncertainty about the buying and mortgage process. A specific cause for concern tends to be mortgage qualification. For many, the mortgage process can be scary, but it doesn’t have to be! In order to qualify in today’s […]
So you’ve decided to sell your house and you want that house sold, easily! You’ve hired a real estate professional to help you with the entire process and they have asked you what level of access you want to provide to potential buyers. There are four elements to a quality listing. At the top of […]
You are finally in your new home now. What’s the first thing you should do? The moving frenzy never ends: Even after you close, the to-do lists drag on and on—endless pages of bullet points that keep you up at night when all you want is to begin your new life. Some of them are fun, […]
Are you ready to find your next dream home? As we bring in the New Year, families across the country will be deciding if this is the year that they will sell their current house. Many will decide that it is smarter to wait until the spring “buyer’s market” to list their house. In the […]
The results of the latest Rent vs. Buy Report from Trulia show that homeownership remains cheaper than renting with a traditional 30-year fixed rate mortgage in the 100 largest metro areas in the United States. Speaking of renting, the updated numbers actually show that the range is an average of 17.4% less expensive in Honolulu (HI), all the way […]
From Empty Nest to Full House, multigenerational homes are coming back in a big way! In the 1950s, about 21%, or 32.2 million Americans shared a roof with their grown children or parents. According to a recent Pew Research Center report, the number of multigenerational homes dropped to as low as 12% in 1980 but has shot […]
Are you looking to relocate to a new home or purchase a new home? We think it’s best to understand the past, present and future of home prices. CoreLogic released their most current Home Price Index last week. In the report, they revealed home prices appreciation in three categories. The categories ranged from percentage appreciation over the […]
The last two major reports issued by the National Association of Realtors (NAR Reports) revealed information that suggests that now continues to be a great time to sell your house. We all realize that the best time to sell anything is when demand is high and the supply of that item is limited. Let’s look at the data […]