Many key factors affect mortgage rates, with global financial market trends leading the indicators. Rates dropped quickly this week according to this article: Mortgage Rates Drop Quickly as Market Panic Sets In, written by Matthew Graham, dated May 23, 2019.
What makes a residential property interesting to you may be quite different than what makes a property interesting to your friends, family, neighbor or co-worker. We aren’t talking about your typical home, we’re talking about uniquely interesting homes. Maybe who owns it or owned it makes it interesting, like the homes of the rich and famous. Maybe the original architect is notorious. Or maybe there is some other surprise that makes a home unique.
This article written by Devon Thorsby for U.S. News provides valuable insights on real estate market trends for 2019. Whether you are a seller, buyer, or renter, the article is an easy read and provides details about how the housing market could affect you in 2019.
Median home prices are on the rise in America, with the current median home price at $295,000. Many potential home buyers presume they need a 20% down payment, which causes them to think they can’t afford to buy a home. While 20% down may be a standard, there are several home mortgage loan programs that require little or no money down.
Buying a new home is a time of joy and excitement. Deciding what features you want is often the starting point of the journey to find your perfect next home. Real Estate investors are impacting the market with the process of “flipping” homes; where they purchase, remodel, and then resell properties. This provides new homeowners with higher chances of finding a home that is move-in ready, absent of projects and to do items.
Spring-cleaning is a tradition for many homeowners, and you may already have a list of upgrades and repairs you want to complete this spring. Below is a list of what we suggest you inspect to identify needed repairs: