Why Is There So Much Paperwork Required To Get A Mortgage

Why is there so much paperwork mandated by the lenders for a mortgage loan application when buying a home today? It seems that they need to know everything about you and requires

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Median Days On The Market Drops To 34

Some Highlights:The National Association of REALTORS® surveyed their members for their Confidence Index.The REALTORS® Confidence Index is a key indicator of housing market strength based on a

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The Difference An Hour Can Make

Every Hour in the US Housing Market:  624 Homes Sell 347 Homes Regain Positive Equity Median Home Values Go Up $1

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Multigenerational Households May Be The Answer To Price Increases

Multigenerational homes are coming back in a big way! In the 1950s, about 21%, or 32.2 million Americans shared a roof with their grown children or parents. According to an article by Realtor, “

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How Supply And Demand Impacts Real Estate Home Values

Some Highlights: The concept of supply & demand is a simple one. The best time to sell something is when the supply of that item is low & the demand for that item is high! Anything under a 6-month

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Top 5 Reasons Why Millennials Choose To Buy

Some Highlights: “The majority of millennials said they consider owning a home more sensible than renting for both financial and lifestyle reasons — including control of living space,

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Lack Of Existing Home Inventory Slows Sales Heading Into Fall

Some Highlights: The National Association of Realtors (NAR) recently released their latest Existing Home Sales Report. First-time homebuyers made up 31% of all sales in August. Homes are selling

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Should I Buy A Home Now Or Wait Until Next Year

Some Highlights: The Cost of Waiting to Buy is defined as the additional funds it would take to buy a home if prices & interest rates were to increase over a period of time. Freddie Mac predicts

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How Long Do Most Families Stay In Their Home

The National Association of Realtors (NAR) keeps historical data on many aspects of homeownership. One of the data points that has changed dramatically is the median tenure of a family in

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Your Opportunity To Achieve The American Dream Keeps Getting Better

Forbes.com recently released the latest results of their American Dream Index, in which they measure “the prosperity of the middle class, and…examine which states best support the

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NAR Data Shows Now Is A Great Time To Sell

We all realize that the best time to sell anything is when demand is high and the supply of that item is limited. Two major reports issued by the National Association of Realtors (NAR) revealed

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69 Of Buyers Are Wrong About Down Payment Needs

According to a recent survey conducted by Genworth Financial Inc. at the Annual Mortgage Bankers’ Association Secondary Market Conference, mortgage professionals say that first-time buyers still

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The Impact Your Interest Rate Makes

Some Highlights: Interest rates have come a long way in the last 30 years. The interest rate you secure directly impacts your monthly payment and the amount of house that you can afford if you

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Buying A Home Do You Know The Lingo

To start you on your path with confidence, we have compiled a list of some of the most common terms used when buying a home. Freddie Mac has compiled a more exhaustive glossary of terms in

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Financial Planning 4 Reasons To Buy A House Today

Homeownership will always be a part of the American Dream. There are advantages to owning your own home (educational, health, social) that far transcend any economic impact. However, we want to

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