Read: What $1 million buys in real estate worldwide Seems like it wasn’t long ago that putting $1 million into a piece of property could guarantee you’d live in comfortable luxury. Nowadays buyers get comparatively less for their dollar. Next time one of your…
The first story in this week’s news round-up focuses on Millennial homebuyers—and making sure your listings are appealing to them. There are some surprising theories about how rising interest rates can impact the housing market. Most real estate agents have participated in a bidding war…
It’s Inauguration Day today, and the White House has new residents. Find out what Zillow has to say about its value. In addition to moving into new digs, the president has already suspended an FHA mortgage insurance cut. Other stories this week include why…
This week’s roundup of real estate news covers a multitude of topics. It might surprise many to know that now could be the best time for first-time homebuyers to jump in, despite all the talk of higher interest rates. Foreclosure activity hits a 10-year…
The year is ending on a high note for builders across the U.S., who are hoping the new POTUS follows through with promises that will have a positive impact on housing affordability. Meanwhile, though, first-time homebuyers find their options for homes they can afford…
Home prices and interest rates are so low that many people would buy if they could. The revamped regulations in the lending industry have made getting a mortgage more challenging than ever. The bright side of the new regulations is that it is much…
Since the mortgage crisis hit, it is increasingly difficult for anyone to get a mortgage. If you are self-employed, this process can be even more complicated, regardless of credit score and good income. Getting a mortgage when you are self-employed requires a little more…
The banking crisis is bleeding over all aspects of our lives: interest rates are plummeting, the value of the solar is dropping, and the cost of everything is going up. Meanwhile the weakened economy has jobs still scarce, pay stagnant, debts harder to pay,…
Thought the 30-year fixed rate mortgage couldn’t get any lower? Think again! Last week another record low was announced, making this the sixth consecutive week of “record” low mortgage rates. Only a month ago we were boggling over the 3.83% record low, but each…
Just when we thought they couldn’t get much lower, mortgage rates dropped again to reach new record lows. As mortgages become even more affordable, hopes are placed for further recovery in the reciprocal cycles of the housing market and economy. Thirty-year fixed mortgages are…
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