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National Association of REALTORS Existing Home Sales Exceed Projections
According to the National Association of REALTORS®, existing home sales surpassed both May sales and expectations for June
Understanding the 'Qualified Mortgage' or QM and Why It's Important to New Home Buyers
Are you shopping for a home or a new mortgage? If you are interested in finding the best possible financial product, it is important to consider the benefits of selecting a Qualified Mortgage.
What's Ahead For Mortgage Rates This Week – July 21, 2014
Last week’s economic news offered a variety of indications that the economic recovery continues, but some readings missed their expected levels. The Philadelphia and New York branches of the Federal Reserve Bank reported higher than anticipated manufacturing for their respective regions and new jobless claims were lower than expected.
A Quick Guide to Assessing Your Home's Foundation for Cracks – And What to Do if You Find Them
When choosing a property, the following tips can help homebuyers find signs of foundation problems and take the right action if any are found.
The 'Must Have' List: Why Deciding Your Must-Haves Before Viewing Homes is a Great Idea
Knowing what you want before you start looking is a big help when house-hunting. Giving the list of ‘must-have’ items to your real estate professional a few days before you begin touring listings is a great idea because they can find homes that meet as many of your criteria as possible.
The 7 Most Unaffordable Cities for Real Estate in the USA (And 3 Affordable Gems!)
As prices continue to rise across the board with everything from food to gas, it’s no wonder that real estate prices are high in many cities across the USA.
Getting Ready to Retire? Six Tips for Downsizing from Huge House to Efficient Condo
If you’re getting ready to retire, you may be thinking about downsizing. Having a large house makes sense when you’re raising kids, but once you reach your golden years, it usually makes sense to move into a smaller, more efficient condo.
What's Ahead For Mortgage Rates This Week – July 14, 2014
Last week brought news from the Fed as two Federal Reserve Bank Presidents made speeches and the Federal Open Market Committee (FOMC) of the Fed released the minutes of its last meeting. The minutes reveal the Fed’s intention to wrap up its bond-buying program in October with a final purchase of $15 billion in mortgage-backed securities (MBS) and Treasury bonds
How Much is Your Home Worth in Today’s Market? Three Key Tips for Assessing Value
If you’re thinking about putting the house on the market, or are simply curious about its value in the current economic atmosphere, it’s essential to get an honest assessment of its value.
Buying or Selling, Here Are Three Traits You’ll Want in Your Real Estate Agent
For both buyers and sellers, choosing the right real estate agent is an important and difficult decision, but getting this selection right one is critical.