Home Prices: Past, Present & Future

Home Prices: Past, Present & Future

CoreLogic released their most current Home Price Index last week. In the report, they revealed home appreciation in three categories: percentage appreciation over the last year, over the last month and projected over the next twelve months. Here are state maps for each category: The Past – home appreciation over the last 12 months The Present – home appreciation over the last month The Future – home appreciation projected over the … [Read more...]

What You Really Need To Qualify For A Mortgage

What You Really Need To Qualify For A Mortgage

A recent survey by Ipsos found that the American public is still somewhat confused about what is actually necessary to qualify for a home mortgage loan in today’s housing market. The study pointed out two major misconceptions that we want to address today. 1. Down Payment The survey revealed that consumers overestimate the down payment funds needed to qualify for a home loan. According to the report, 36% think a 20% down payment is always … [Read more...]

NAR Reports Reveal Two Reasons to Sell This Winter

NAR Reports Reveal Two Reasons to Sell This Winter

We all realize that the best time to sell anything is when demand is high and the supply of that item is limited. The last two major reports issued 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 by the latest Pending Home Sales Report and Existing Home Sales Report. THE PENDING HOME SALES REPORT The report announced that pending … [Read more...]

HOW TO DITCH THE RED AND GREEN FOR MODERN HOLIDAY DÉCOR

HOW TO DITCH THE RED AND GREEN FOR MODERN HOLIDAY DÉCOR

Still rocking red and green everything and a tinsel-covered tree for Christmas? Might be time for a holiday décor upgrade. You do regular updates to your home's everyday décor, right? Why stick with the same ‘ole stuff when it comes to the holiday season. Need some inspiration to modernize or glamorize your holiday home? Check out these examples. Christmas in black and white Who says you need to go all red and green to show your … [Read more...]

The Impact of Higher Interest Rates

The Impact of Higher Interest Rates

Last week, an article in the Washington Post discussed a new ‘threat’ homebuyers will soon be facing: higher mortgage rates. The article revealed: “The Mortgage Bankers Association expects that rates on 30-year loans could reach 4.8 percent by the end of next year, topping 5 percent in 2017. Rates haven’t been that high since the recession.” How can this impact the housing market? The article reported that recent analysis from … [Read more...]

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