A new release from RE/MAX emphasizes what we’ve been saying for many years: The winter season is a great time to buy a home if you don’t want to pay top dollar. While areas like Southern California may not see much, if any, of a seasonal price break because
The US economy is doing fine. It is the hottest we have seen since the 1990s. Salaries are high and unemployment is low. Generally, that brings good news for the housing market. Sellers benefit from the fact that there are more buyers in the market. In retrospect, 2018 was
The role student loans play in denying would-be buyers from getting into a home of their own has grown to staggering levels. According to the 2018 Homebuyer Profile report from the National Association of Realtors®, “Almost one in four homebuyers this year had student loans, which made it harder for
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Mortgage rates dropped slightly this week, but overall, they were mostly flat, offering some temporary relief to borrowers and prospective buyers who keep getting outbid on homes in a market with limited inventory.
Mixed economic data this week prompted mortgage rates to remain in mostly a holding pattern, says Sam
So you made an offer, it was accepted, and now your next task is to have the home inspected prior to closing. Oftentimes, agents make your offer contingent on a clean home inspection.
This contingency allows you to renegotiate the price you paid for the home, ask the sellers to cover
There is little doubt that it is easier to get a home mortgage today than it was last year. The Mortgage Credit Availability Index (MCAI), published by the Mortgage Bankers Association, shows that mortgage credit has become more available in each of the last several years. In fact, in just
What truly causes a housing bubble and the inevitable crash? For the best explanation, let’s go to a person who correctly called the last housing bubble – a year before it happened.
“A bubble requires both overvaluation based on fundamentals and speculation. It is natural to focus on an asset’s
For many people, part of the charm of the holiday season is remembering or reliving our family traditions with the ones we love. Whether you have a favorite holiday tradition from Grandma’s house or you are starting your own family’s traditions, there is something about this time of year
Although pumpkins have been adopted as the go-to symbol for autumn, they are not the only decorations you can use. Fall is a great time to finish up outdoor projects and begin inside chores as you prepare to hunker down for winter. From simple projects and décor ideas to enhancing