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Homeowners: Your House Must Be Sold TWICE
In today’s housing market, where supply is very low and demand is very high, home values are increasing rapidly. If prices are surging, it is difficult for appraisers to find adequate, comparable sales to defend the selling price when performing the appraisal for the bank.
Access is an Important Factor in Getting Your House SOLD!
In a competitive marketplace, access can make or break your ability to get the price you are looking for, or even sell your house at all.
Bubble Alert! Is it Getting Too Easy to Get a Mortgage?
The Mortgage Credit Availability Index, published by the Mortgage Bankers Association, shows that mortgage credit has become more available in each of the last several years.
Existing Home Sales Slowed by a Lack of Listings
The inventory of existing homes for sale has dropped year-over-year for the last 29 consecutive months and is now at a 3.9-month supply.
The Cost of NOT Owning Your Home
Owning a home has great financial benefits, yet many continue to rent! Today, let’s look at the financial reasons why owning a home of your own has been a part of the American Dream for as long as America has existed.
Low Interest Rates Have a High Impact on Your Purchasing Power
According to Freddie Mac’s latest Primary Mortgage Market Survey, interest rates for a 30-year fixed rate mortgage are currently at 3.92%, which is still near record lows in comparison to recent history!
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