Home Sales Surge to 10-Year High
Sales of new and existing homes unexpectedly spiked to their highest levels in years last month. America’s housing market appears poised to go out like a lion this year, as a pair of real estate reports this week showed home sales climbed to their highest level in a decade. Sales of new houses clocked in…
How to Save Enough for a Down Payment
For most first-time homebuyers, securing a down payment is the biggest hurdle. There comes a point for many first-time homebuyers when nearly everything you do becomes focused on saving for that purchase. Even when you’ve been putting money away regularly for years, you find yourself willing to cut out that beach vacation you had been…
If You Can Afford to Buy a Home, Why Are You Still Renting?
Staying in a rental has its benefits, but you should decide if they outweigh the pros of owning a home? More Americans than ever are renting instead of owning a home. About 37 percent of housing units in the U.S. are occupied by renters, according to the U.S. Census Bureau’s 2015 American Community Survey, and…
What’s Dragging Down the Value of Your Home?
Should You Turn Your Residence Into a Rental?
Consider carry costs, equity and other factors before converting your home into a rental. When your circumstances change, such as starting a new job, having a baby or providing caregiving for an older relative, your current home may no longer fit your needs. Some homeowners may choose to sell or renovate their homes to cater…
When is it time to hire a Property Manager
Managing a rental property can be very time consuming. While the financial rewards may be great, the duties of a property manager are never ending. Whether you’ve been considering hiring help for some time or if this is your first time considering it, here are 5 sure signs it’s time to hire a Property…
Tips To Make Sure Your Mortgage Doesn’t Get Denied After Pre-Approval
Tips To Make Sure Your Mortgage Doesn’t Get Denied After Pre-Approval A common question that is asked by home buyers is, “How can I ensure my mortgage is not denied.” An excellent way to ensure your mortgage isn’t denied after a pre-approval is to continue to do what you did prior to getting pre-approved….
Home sales rise for a second straight month
Existing-home sales were up 1.7 percent to a seasonally adjusted annual rate of 5.45 million in April from an upwardly revised 5.36 million in March, according to new data from the National Association of Realtors (NAR). Last month’s sales were six percent higher on a year-over-year basis and also marked the second consecutive month of…
Tips to Prep Your Home for the Spring Homebuying Season
If you want to sell your home during this year’s spring selling season, now is the time to get moving. Sellers can rest assured, homebuyers are already looking. Today’s buyers, particularly younger ones, have high expectations. They are looking for a home in excellent condition, with all its best features showcased. “It’s the HGTV effect,”…