My Blog

Home Prices on Epic Run

homepricesHome sellers are partying like it’s 2006. Real estate prices posted an annual gain of 6.3% in February, according to the latest S&P CoreLogic Case-Shiller Indices. On a national level, home prices are up 6.7% from their peak in July 2006, and have been rising continuously for the past 70 months. “It’s getting increasingly difficult [...]Read More

How an HOA Can Affect Homeownership

HOAToo many people fail to pay attention to the impact HOA fees have on homeownership. HOAs are serious about collecting the fees owed to them. When fees are unpaid, it can have devastating consequences for current homeowners and people looking to buy another home who left unpaid fees at a previous community. According to the [...]Read More

Are Lending Standards Too Loose Again?

lendingstandardsWith home values appreciating at record rates, some are concerned that we may be heading for another housing bubble like the one we experienced a decade ago. One of the major culprits of that housing boom and bust was the loosening of standards for mortgage credit. In a study done at the University of North [...]Read More

Safety Tips for Your Home While on Vacation

safetytipsAmong the fastest ways to kill a post-vacation buzz is returning home and discovering your house is in shambles. Maybe a water pipe broke and now you’re trudging through ankle-deep sludge. Perhaps a burglar slipped inside, ransacked the place and gallivanted away with your most valued possessions. Or it could be that you forgot to [...]Read More

You Can Still Find Homes for Less than $100k

homeslessthan100Home shoppers looking for a bargain can still score deals in some areas of the country. The Rust Belt and Midwest regions tend to have the highest percentage of homes listed for less than $100,000—properties with three bedrooms, two bathrooms, and a yard. “Bargains definitely exist,” says® Chief Economist Danielle Hale. “But buyers should [...]Read More

Finding the Perfect Home for First-time Buyers

firsttimebuyersLiterally, there are millions of homes for sale nationwide at any given moment. With so many options available, finding the best house can be a huge challenge. The key to purchasing your “perfect” home is keeping your interests top-of-mind and following this guide. Determine How Much You Can Afford The first step to shopping for [...]Read More

Is Your Home Sale Being Sabotaged?

sabotagef you’re struggling to sell a particular client’s home despite there being nothing wrong with the property on the face of it, it could well be that someone is sabotaging your efforts. A couple of recent cases have come to attention. One recent case highlighted in the Wall Street Journal relates how a real estate [...]Read More

Save $9000 on Your Next Mortgage

mortgageI want to buy my first house, but I live in an expensive area and I don’t want to end up house poor. What can I do to lower my monthly mortgage payments?—Frank The leap into homeownership is a big change, especially on your finances. Buying a home is likely the biggest purchase you’ll ever [...]Read More

How Will Mortgage Rates Affect Home Prices?

mortgage ratesMortgage interest rates have increased by more than half of a point since the beginning of the year. They are projected to increase by an additional half of a point by year’s end. Because of this increase in rates, some are guessing that home prices will depreciate. However, some prominent experts in the housing industry [...]Read More

Little Things That Could Be Sabotaging Your Home Sale

homesaleIf your home is in pretty good shape (i.e. it’s decently updated and not in need of a total overhaul), you might think it’s ready to go on the market as is. But little things you wouldn’t expect can end up being deal breakers. And, when you’ve got competition, you need your home to stand [...]Read More