homeowners
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….
Prepare yourself to move quickly in order to get the home you want. Real estate markets across the U.S. are fast-paced right now. Homes are selling within hours, rather days. Homebuyers are struggling to find the right house before someone else has put it under contract. The pressure to beat out other homebuyers is intense….
Buying a home can get intense, and you can easily feel intimidated by the lending process and closing requirements. Federal policies affecting mortgage lending has seen many changes in the wake of the subprime mortgage crisis that began in 2007, putting a stronger focus on eliminating predatory lending and increasing transparency for the borrower. Hearing…
7 Things To Do Before Buying a Flipped House House flipping has gained notoriety from TV shows like HGTV’s “Flip or Flop” and A&E’s “Flipping Vegas,” but chances are the person who flips your potential future home won’t have a TV crew documenting the work. Horror stories abound of house flips that hid major problems,…
Follow these tips for reducing your insurance payments without having to foot the bill when disaster hits As a homeowner, you probably have more bills to pay than you’d like to think about. On top of your mortgage payment, you have utilities such as electric, water and gas, as well as maintenance and repairs that…
Rental properties can help level out the peaks and valleys in your portfolio. Is a bear market on the way? That’s the question experts and investors alike have been debating for months. Given the cyclical nature of the market, it’s unrealistic to expect the current bull market to continue its run forever. What’s uncertain is…
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…
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…
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…
Owning a home is a keystone of wealth… both financial affluence and emotional security.