For generations, the homebuying process never really changed. The seller would try to estimate the market value of the home and tack on a little extra to give themselves some negotiating room. That … [Read more...] about Why You Should Think About Listing Prices Like an Auction’s Reserve Price
Should We Fear the Surge in Cash-Out Refinances?
Freddie Mac recently released their Quarterly Refinance Statistics report which covers refinances through 2020. The report explains that the dollar amount of cash-out refinances was greater in 2020 … [Read more...] about Should We Fear the Surge in Cash-Out Refinances?
What Credit Score Do You Need for a Mortgage?
According to data from the most recent Origination Insight Report by Ellie Mae, the average FICO® score on closed loans reached 753 in February. As lending standards have tightened recently, many are … [Read more...] about What Credit Score Do You Need for a Mortgage?
Americans See Major Home Equity Gains [INFOGRAPHIC]
Some Highlights Today’s home price appreciation is driving equity higher throughout the country. If your needs are changing and you’re ready for a new home, your equity may be a great asset to power … [Read more...] about Americans See Major Home Equity Gains [INFOGRAPHIC]
To Renovate or Not To Renovate Before You Sell
When thinking about selling, homeowners often feel they need to get their house ready with some remodeling to make it more appealing to buyers. However, with so many buyers competing for available … [Read more...] about To Renovate or Not To Renovate Before You Sell
What Is the Strongest Tailwind to Today’s Recovering Economy?
Last year started off with a bang. Unemployment was under 4%, forecasters were giddy with their projections for the economy, and the residential housing market had the strongest January and February … [Read more...] about What Is the Strongest Tailwind to Today’s Recovering Economy?
What Is the #1 Financial Benefit of Homeownership?
There are many financial and non-financial benefits of homeownership, and the greatest financial one is wealth creation. Homeownership has always been the first rung on the ladder that leads to … [Read more...] about What Is the #1 Financial Benefit of Homeownership?
How to Make a Winning Offer on a Home
Today’s homebuyers are faced with a strong sellers’ market, which means there are a lot of active buyers competing for a relatively low number of available homes. As a result, it’s essential to … [Read more...] about How to Make a Winning Offer on a Home
How to Be a Competitive Buyer in Today’s Housing Market [INFOGRAPHIC]
Some Highlights With so few houses for sale today, it’s important to be prepared when you’re ready to buy a home. Meeting with your lender early, knowing your must-haves and nice-to-haves, preparing … [Read more...] about How to Be a Competitive Buyer in Today’s Housing Market [INFOGRAPHIC]
Will the Housing Market Bloom This Spring?
Spring is almost here, and many are wondering what it will bring for the housing market. Even though the pandemic continues on, it’s certain to be very different from the spring we experienced at this … [Read more...] about Will the Housing Market Bloom This Spring?
