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What Buyers Need to Know About HOAs

What Buyers Need to Know About HOAs

When searching for a home, you may end up selecting a property in a community with a Homeowners Association (HOA). Before you buy, it’s important to know how an HOA works and what they mean for you. According to a recent article on realtor.com, “In a nutshell, an HOA helps ensure that your community looks […]

Home Prices Increase in Every Price Range

Home Prices Increase in Every Price Range

Price appreciation can differ depending on your price range. CoreLogic analyzed four individual home prices tiers and shares the increase in each one. CoreLogic’s Home Price Index (HPI) Report revealed, “National home prices increased 3.6% year over year in July 2019 and are forecast to increase 5.4% from July 2019 to July 2020.” They also […]

Things to Avoid After Applying for a Mortgage

Things to Avoid After Applying for a Mortgage

Congratulations! You’ve found a home to buy and have applied for a mortgage! You’re undoubtedly excited about the opportunity to decorate your new home, but before you make any large purchases, move your money around, or make any big-time life changes, consult your loan officer – someone who will be able to tell you how […]

Things to Avoid After Applying for a Mortgage

Things to Avoid After Applying for a Mortgage

Congratulations! You’ve found a home to buy and have applied for a mortgage! You’re undoubtedly excited about the opportunity to decorate your new home, but before you make any large purchases, move your money around, or make any big-time life changes, consult your loan officer – someone who will be able to tell you how […]

6 Graphs Showing the Strength of the Current Housing Market [INFOGRAPHIC]

6 Graphs Showing the Strength of the Current Housing Market [INFOGRAPHIC]

Some Highlights:

Keeping an eye on the current status of the housing market is one of the best ways to make powerful and confident decisions when buying or selling a home.

Mortgage rates remaining near historic lows and houses selling in an average of only 29 days are just two key elements driving the strength of today’s market.

With the national data shown here, make sure to also determine what’s happening in your local market so you are fully informed when you’re ready to make your next move.

6 Graphs Showing the Strength of the Current Housing Market [INFOGRAPHIC]

6 Graphs Showing the Strength of the Current Housing Market [INFOGRAPHIC]

Some Highlights:

Keeping an eye on the current status of the housing market is one of the best ways to make powerful and confident decisions when buying or selling a home.

Mortgage rates remaining near historic lows and houses selling in an average of only 29 days are just two key elements driving the strength of today’s market.

With the national data shown here, make sure to also determine what’s happening in your local market so you are fully informed when you’re ready to make your next move.

What Is the Probability That Home Values Sink?

What Is the Probability That Home Values Sink?

With the current uncertainty about the economy triggered by a potential trade war, some people are waiting to purchase their first home or move-up to their dream house because they think or hope home prices will drop over the next few years. However, the experts disagree with this perspective. Here is a table showing the […]

What Is the Probability That Home Values Sink?

What Is the Probability That Home Values Sink?

With the current uncertainty about the economy triggered by a potential trade war, some people are waiting to purchase their first home or move-up to their dream house because they think or hope home prices will drop over the next few years. However, the experts disagree with this perspective. Here is a table showing the […]

Millennial Buying Power Poised to Boost Homeownership

Millennial Buying Power Poised to Boost Homeownership

In a recent article by Realtor Magazine, Mark Fleming, Chief Economist of First American Financial Corporation, notes, “The largest group of millennials by birth year will turn 30 in 2020, which puts them entering their prime homebuying years”. The article continues to describe how millennials have more buying-power than the generations that preceded them, making […]