Today, some are afraid the real estate market is starting to look a lot like it did in 2006, just prior to the housing crash. One of the factors they’re pointing to is the availability of mortgage … [Read more...] about There’s No Reason To Panic Over Today’s Lending Standards
Is Homeownership Still Considered Part of the American Dream?
Since the birth of our nation, homeownership has always been considered a major piece of the American Dream. As Frederick Peters reports in Forbes: “The idea of a place of one’s own drives the … [Read more...] about Is Homeownership Still Considered Part of the American Dream?
How a Change in Mortgage Rate Impacts Your Homebuying Budget
Mortgage rates are on the rise this year, but they’re still incredibly low compared to the historic average. However, anytime there’s a change in the mortgage rate, it affects what you can afford to … [Read more...] about How a Change in Mortgage Rate Impacts Your Homebuying Budget
What It Means To Be in a Sellers’ Market
If you’ve given even a casual thought to selling your house in the near future, this is the time to really think seriously about making a move. Here’s why this season is the ultimate sellers’ market … [Read more...] about What It Means To Be in a Sellers’ Market
2021 Real Estate Myth Buster [INFOGRAPHIC]
Some Highlights There are a lot of misconceptions about buying or selling a home today, making it challenging to know exactly how to navigate the current real estate landscape. Here’s a little … [Read more...] about 2021 Real Estate Myth Buster [INFOGRAPHIC]
How EXPENSIVE is Portland Maine – The ACTUAL cost of living in Portland Maine
In this episode we talk about the cost of living in Portland Maine. We did research and found where Maine ranks in the national average for rent, healthcare, food, utilities, transportation, salary, … [Read more...] about How EXPENSIVE is Portland Maine – The ACTUAL cost of living in Portland Maine
Buyer & Seller Perks in Today’s Housing Market
Right now, the housing market is full of outstanding opportunities for both buyers and sellers. Whether you’re thinking of buying your first home, moving up to a bigger one, or selling so you can … [Read more...] about Buyer & Seller Perks in Today’s Housing Market
Why You Should Think About Listing Prices Like an Auction’s Reserve Price
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?
