The answer to the question will depend on the location of the home but, some anecdotal evidence is pointing to an answer of yes! Anyone who knows about real estate knows that the three most important factors concerning the attractiveness of a property are location, location and location! For high-end markets like the one in New […]
Higher rents putting a crimp in savings rates coupled with higher prices for houses means first-time homebuyers have to wait that much longer! Some may have noticed that the rent vs buy comparison has been a common thread for the last few articles that have appeared here. Net Worth Comparison: Owners vs Renters! Percentage Of Income […]
These are some of the news stories and articles that anyone involved in real estate whether as a vocation, as a buyer or as a seller will hopefully find interesting and useful! Top News CFPB sets final TRID rule effective date DSNews.com – The CFPB issued a final rule moving the effective date to Saturday, October […]
Today there is a real possibility that when the appraiser of a home comes back with a value, it may not match the expectations of the homeowner! This contrasts with the old days, or more precisely the go-go years pre-financial crisis, when appraisers, homeowners, homebuyers and mortgage companies seemingly worked in concert resulting in a homes value […]
Summary: With various housing statistics suggesting different things concerning the overall strength of the real estate market, which will ultimately prove to be correct? Or will the fact that the rate of household formation spiked in the 4th-quarter of 2014 when compared to 2013 mitigate this issue and lead to a home buying surge? […]
When a consumer is about to make a huge financial expenditure such as the purchase of real estate, using every potential edge is critical! Of course for many homebuyers the option to pick the time of year that a purchase is going to be made is often mitigated by outside factors such as the school […]
Courtesy of BuzzBuzzHome.com, the interactive map in this article shows those areas of the country where the housing recovery remains intact and those areas where it may be struggling! The paragraphs below will help the reader decipher what the statistics mean when they are hovering over an area of the country that they are interested […]
According to Jed Kolko, Chief Economist at the real estate website Trulia, home prices on the national level are 3% undervalued! But that’s not the end of the story. There is no question that many metropolitan areas around the country have seen large price gains in residential home prices since the financial crisis lows set back […]
The State of the US Housing Market, 2014 This is the audio of an interview between Logan Mohtashami, senior loan manager at AMC Lending Group, and Kathleen Hays on Bloomberg Radio. One of the key takeaways? Nothing many of us didn’t already know which is that first-time homebuyers are struggling to buy homes in part because […]
Follow @Hallmark Abstract Service Hopefully nothing because… …while the run-up in technology and biotech stocks recently has hit a brick wall and an IPO actually went down on its first day of trading (King Digital Entertainment maker of Candy Crush) home prices, while pausing for the past three months, are still heading in the right […]
