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Monthly Archives: August 2017

    Empty Nesters: Best To Remodel Or Time To Sell?

    By Marco Manumbas | August 31, 2017

    Your children have finally moved out and you and your spouse now live alone in a four-bedroom colonial (or a similar type of house). You have two choices to make: Remodel your house to fit your current lifestyle and needs Sell your house and purchase the perfect home Based on the record of dollars spent... Read More

    Number Of Buyers Putting Down Less Than 10% Hits 7-Year High

    By Marco Manumbas | August 30, 2017

    According to Black Knight Financial Service’s Mortgage Monitor Report, 1.5 million Americans have purchased a home with down payments under than 10% over the last 12 months. This is great news for buyers as this marks a 7-year high. Many mortgage programs offered by agencies like Freddie Mac and Fannie Mae allow buyers to put down as low as 3% to purchase their dream... Read More

    Don’t Disqualify Yourself… 52% Of Approved Loans Have A FICO® Score Under 750

    By Marco Manumbas | August 28, 2017

    The results of countless studies have shown that potential home buyers, and even current homeowners, have an inflated view of what is really required to qualify for a mortgage in today’s market. One such study by the Wharton School of Business at the University of Pennsylvania revealed that many millennials have not yet considered purchasing homes simply because they... Read More

    Study: FSBOs Don’t Save Real Estate Commission

    By Marco Manumbas | August 24, 2017

    One of the main reasons why For Sale By Owners (FSBOs) don’t use a real estate agent is because they believe they will save the commission an agent charges for getting their house on the market and selling it. A new study by Collateral Analytics, however, reveals that FSBOs don’t actually save anything, and in some cases may be costing... Read More

    Want To Keep Up With The Joneses? Now’s The Time

    By Marco Manumbas | August 23, 2017

    Does your current house fit your needs? Does it seem like everyone else is moving up and moving on to more luxurious surroundings? Are you wondering what it would take to start living your dream life? Market conditions around the country have presented an opportunity like no other for those who are looking to make... Read More

    More Boomerang Buyers Are About To Enter The Market

    By Marco Manumbas | August 22, 2017

    We previously informed you about a study conducted by TransUnion titled, “The Bubble, the Burst and Now – What Happened to the Consumer?” The study revealed that 1.5 million homeowners who were negatively impacted by the housing crisis could re-enter the housing market between 2016-2019. Recently, HousingWire analyzed data from the US Bankruptcy Courts and revealed that 6 million Americans will have their bankruptcies disappear off... Read More

    Why Is It Important To Use A Professional To Sell Your Home?

    By Marco Manumbas | August 21, 2017

    When a homeowner decides to sell their house, they obviously want the best possible price for it with the least amount of hassles along the way. However, for the vast majority of sellers, the most important result is actually getting their homes sold. In order to accomplish all three goals, a seller should realize the importance of... Read More

    58% Of Homeowners See A Drop In Home Values Coming

    By Marco Manumbas | August 17, 2017

    According to the recently released Modern Homebuyer Survey from ValueInsured, 58 percent of homeowners think there will be a “housing bubble and price correction” within the next 2 years. After what transpired just ten years ago, we can understand the concern Americans have about the current increase in home prices. However, this market has very little in common with what happened last... Read More

    Sellers: Your Home Is An Oasis In An Inventory Desert

    By Marco Manumbas | August 16, 2017

    First-time homebuyers are flocking to the real estate market by the thousands to find their dream homes in order to make their dreams of homeownership a reality. Unfortunately for many, the inventory of starter and trade-up homes in the US has struggled to keep up with demand! According to the National Association of Realtors (NAR), the inventory of... Read More

    Homes Are Selling Quickly Nationwide

    By Marco Manumbas | August 15, 2017

    The National Association of Realtors (NAR) recently released their latest Existing Home Sales Report, which revealed that homes were on the market for an average of 28 days in June. This is a slight increase from the 27 days reported in May, but down from 34 days reported a year ago. 54% of homes across the country were on... Read More

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