Jan 28
Housing equity rebounds to almost 90% for the nation CoreLogic’s Q3 Equity Report was recently released. As a whole, the country has recovered well from the negative equity situation that existed previously. We now stand at 89.8% equity share as a nation. According to CoreLogic’s Methodology: “The amount of equity for each property is determined …
Jan 08
FHA Mortgage Insurance Premium (MIP) to drop President Obama will be formally announcing that he will direct the Federal Housing Administration to reduce annual mortgage insurance premiums by 50 basis points, from 1.35% to 0.85%. Zillow’s Allison Paoli ran the numbers on what this could mean for first-time buyers, saying: “On a $175,000 home loan with less than 5% …
Jan 01
If current legislation that creates a path to legalization for 11 million undocumented immigrants is passed, the nation’s Hispanic real estate leaders estimate that it would create a new pool of 3 million homeowners and pump more than $500 billion* in sales, income and spending into the U.S. housing economy. The chain reaction triggered by …
Dec 29
According to Freddie Mac’s latest U.S. Economic & Housing Market Outlook, home sales in 2015 are predicted to show an increase back to the numbers normally associated with a healthy real estate market. “We are projecting a 4 percent rise in sales to 5.6 million, which would mark the highest level of annual sales since 2007.” And …
Nov 22
Housing cost burdens fell for the third consecutive year*. Last year, 39.6 million households spent more than 30% of their income on housing, which is a decrease from 40.9 million in 2012 and down from the peak of 42.7 million in 2010. However, while housing cost burdens are dropping among home owners, they continue to …
Aug 14
What would a higher interest rate actually mean for your purchase of a new home? To put a price tag on the potential cost of waiting to buy a home Zillow assumed that the rate on a 30-year fixed-rate mortgage would rise 1 percentage point, and then calculated how that higher rate — which would be about …
Jun 27
The year 2013 should be known as the year flipping returned. Substantial price increases in key markets brought a return of both smart home investors and fast-buck artists who are now making more profit than ever before. Redfin reports an average gain of $90,200 per home. The volume of flipping has slowed some in 2014, but …
May 05
Many sellers are still hesitant about putting their house up for sale. Where are prices headed? Where are interest rates headed? These are all valid questions. However, there are several reasons to sell your home sooner rather than later. Here are three of those reasons. 1. Demand is about to skyrocket Most people realize that …
Apr 28
You’ll never want to go back inside! Disney-Themed Inflatable Outdoor Movie Screen. Available at Wal-Mart. The Adult Version of a Kiddie Pool. Easily improvised with any inflatable boat/raft. Available here. Geodesic Aviary/Chicken Coop. Available on Etsy. …
"Keller
Williams Ranks Highest in Customer Satisfaction for Home Buyers and Sellers Nationwide."
J.D. Powers & Associates 2012
Home Buyer/Seller Satisfaction Study
