Some Highlights: The Federal Housing Finance Agency (FHFA) recently released their latest Quarterly Home Price Index report. In the report, home prices are compared both regionally and by state. Based on the latest numbers, if you plan on Continue Reading
Consumer Confidence in Economy & Housing is Soaring
The success of the housing market is strongly tied to the consumer’s confidence in the overall economy. For that reason, we believe 2017 will be a great year for real estate. Here is just a touch of the news coverage on the subject. HousingWire: “Consumers’ faith in the Continue Reading
The Impact of Homeownership on Educational Achievement
The National Association of Realtors recently released a study titled 'Social Benefits of Homeownership and Stable Housing.’ The study confirmed a long-standing belief of most Americans: “Owning a home embodies the promise of individual autonomy and is the aspiration of Continue Reading
5 Myths About Real Estate Reality TV Explained
Have you ever been flipping through the channels, only to find yourself glued to the couch in an HGTV binge session? We’ve all been there… watching entire seasons of “Love it or List it,” “Fixer Upper,” “House Hunters,” “Property Brothers,” and so many more, just in one Continue Reading
5 Reasons Homeowners Throw Better Superbowl Parties
Highlights: Watching the Big Game at home with your friends & family offers many advantages. There’s more room to entertain a large crowd, and you don’t have to worry about complaints to your landlord if you cheer too loudly! The kitchen is big enough to make Continue Reading
Four Reasons to Buy a Home This Spring
Here are four great reasons to consider buying a home today instead of waiting. Prices Will Continue to Rise CoreLogic’s latest Home Price Index reports that home prices have appreciated by 6.3% over the last 12 months. The same report predicts that prices will Continue Reading
The Home Inspection
A buyer typically has up to 7-10 days from the date of an accepted purchase agreement contract to have the home inspection performed. Once the inspection is complete and the buyer is satisfied with the home, a lender will then order the appraisal and really get the ball Continue Reading
Making an Offer on a Home
What’s required in an offer package? When we submit an offer, we typically include the following items: An earnest money deposit “EMD” check – typically 1-3% of the offer price. It can be in the form of a a personal check. Funds are held in escrow and applied toward Continue Reading
Home Showing Secrets
Make sure your home is at its best during each showing Turn on all of the lights in your home Open all curtains and blinds Bake cookies or cinnamon rolls just prior to the appointment time (refrigerated goods work well for this purpose). Make sure your home is Continue Reading
What are the Costs Associated with Buying a Home?
“EMD” Earnest Money Deposit Typically 1-3% of purchase price. Can be a personal check. Usually check is made out to the agent’s brokerage and deposited in the brokerage escrow account. Appraisal Fee & Home Inspection $400-500 for appraisal. $350 to $1000 Continue Reading