Market Updates
It may be an even better idea to BUY A HOME NOW! The Federal Reserve announced today that interest rates will increase by 0.25 percent , or 25 basis points. The last time the Fed raised rates, “the iPhone didn’t even exist,” says Mark Fleming, chief economist for title insurance company First American Financial Corporation….
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…
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…
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…
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…
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 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….
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…
Owning a home is a keystone of wealth… both financial affluence and emotional security.