Monthly Archives: February 2018
It’s Tax Season… Use Your Refund To Jump Start Your Down Payment Savings!
According to data released by the Internal Revenue Service (IRS), Americans can expect an estimated average refund of $2,840 this year when filing their taxes. This is down slightly from the average refund of $2,895, last year. Tax refunds are often thought of as ‘extra money’ that can be used toward larger goals; for anyone looking to buy a... Read More
Is Now A Good Time To Rent?
People often ask if now is a good time to buy a home, but nobody ever asks when it’s a good time to rent. Regardless, we want to make certain that everyone understands that today is NOT a good time to rent. The Census Bureau recently released their 2017 fourth quarter median rent numbers. Here is a graph showing... Read More
Latest NAR Data Shows Now Is A Great Time To Sell!
We all realize that the best time to sell anything is when demand for that item is high, and the supply of that item is limited. Two major reports released by the National Association of Realtors (NAR) revealed information that suggests that now is a great time to sell your house. Let’s look at the data covered in... Read More
The Mortgage Process: What You Need To Know
Some Highlights: Many buyers are purchasing a home with a down payment as little as 3%. You may already qualify for a loan, even if you don’t have perfect credit. Take advantage of the knowledge of your local professionals who are there to help you determine how much you can afford. Source: Keeping Current Matters... Read More
How Much Home Can You Really Afford?
So, you’re getting ready to buy your first home, and you feel like you’re at the mercy of the market. And your mortgage lender. In some ways, it might even feel like they’re working against each other – especially if you’re in a really hot market in which you can’t qualify for the amount you’d... Read More
Mortgage Rates On FIRE! Home Prices Up In Smoke?
Mortgage interest rates have already risen by over a quarter of a percentage point in 2018. Many are projecting that rates could increase to 5% by the end of the year. What impact will rising rates have on house values? Many quickly jump to the conclusion that an increase in mortgage rates will have a... Read More
80% Of Renters Believe Homeownership Is A Part Of Their American Dream
According to the latest Aspiring Home Buyers Profile by the National Association of Realtors (NAR), 82% of surveyed renters desire to own a home in the future, with 80% believing homeownership is a big part of achieving their American Dream. The profile went on to state that 50% of millennials believe that their rent will increase, with 20% believing... Read More
2 Ways To Get The Most Money From The Sale Of Your Home
Every homeowner wants to make sure they maximize their financial reward when selling their home. But how do you guarantee that you receive the maximum value for your house? Here are two keys to ensure that you get the highest price possible. 1. Price it a LITTLE LOW This may seem counterintuitive, but let’s look... Read More
DIY Renovating Don’ts We Learned From Experience
DIY always seems like such a good idea in the dream stage. Build in some equity with elbow grease. Get more for our money while learning some important skills. Create pretty spaces without having to deal with contractors. What could go wrong? Plenty, actually. If you don’t already have a DIY horror story, or at... Read More
Top 5 Reasons To Hire A Real Estate Professional When Buying Or Selling!
Whether you are buying or selling a home it can be quite the adventure, which is why you need an experienced real estate professional to guide you on the path to achieving your ultimate goal. But in this world of instant gratification and internet searches, many sellers think that they can ‘For Sale by Owner’ or ‘FSBO.’ The 5 reasons... Read More