Every quarter, the U.S. Federal Reserve releases its report in connection with financial accounts of the United States. Although this is a very lengthy and detailed analysis, it will contain some interesting statistics on housing. The particular “nuggets” that we search for relate to the complete ... » Learn More about Rise in homeowner equity will continue to stabilize housing market
Home buyers
New Construction Home Inspections: Is it Necessary?
The answer is yes, and here's why. In the middle of the recent recession that crippled the U.S. real estate economy, the new construction home inspection virtually disappeared. You don’t need to tell this to a builder. For quite some time there was an excessive amount of available housing inventory ... » Learn More about New Construction Home Inspections: Is it Necessary?
5 Winning Tips for Writing an Offer Letter
In some hot housing markets, including a letter together with your formal offer to buy a home is all but required. Unfortunately, Hallmark doesn't make a card for that occasion (yet). 5 Winning Tips for Writing an Offer Letter Here are a couple tips: 1. Get emotional Take ... » Learn More about 5 Winning Tips for Writing an Offer Letter
Why Investors still are beating out First-Time Home Buyers
Look out, first-time buyers. Your biggest competition is not other real estate newbies like yourselves, but mom and pop investors trying to begin a stream of rental income. Darn you, mom and pop! A recent report reveals that these deep-pocketed investors are focusing on the lowest priced segments of ... » Learn More about Why Investors still are beating out First-Time Home Buyers
6 tips for Millennials to improve their credit scores
Low credit ratings have be burdening many Millennials, and preventing them from purchasing a home, according to a survey by TransUnion. The survey revealed that 32% of Millennials plan to purchase a home within the next 12 months, however 43% currently hold a subprime credit rating. On the other ... » Learn More about 6 tips for Millennials to improve their credit scores