After eight lean years, Americans got fatter paychecks in 2015 - their first significant hike since 2007 as well as the biggest since documentation began in 1968. The U.S. median household income rose 5.2% to $56,516, the U.S. Census Bureau reported last Tuesday. Household incomes see the first ... » Learn More about Household incomes see the first big increase since 2007
Buying a home
Things to Know About Purchasing a For Sale by Owner Home
Throughout the home-buying process you’ll see tons of homes, mostly listed by real estate agents. But every now and then you might encounter a home listed for sale by owner (FSBO). You may even have a friend or relative who would like to sell you their house directly. Things to Know About ... » Learn More about Things to Know About Purchasing a For Sale by Owner Home
Appraisal issues plague Real Estate Market
A few weeks ago we featured an article about one of our listings that had issues with the appraisal and subsequently caused the sale to be cancelled. Appraisal issues plague Real Estate Market The home was 2801sf and listed for $285,000 there were sales in the neighborhood from $99sf all the ... » Learn More about Appraisal issues plague Real Estate Market
September 2016 RE/MAX National Housing Report
The September 2016 RE/MAX National Housing Report uses sales from August 2016. The August home sales increased 5.8% over a year ago, reversing July’s decline of 8.8%. At the same time, the median price climbed 5.1% as steady monthly increases continued. August sales were up year-over-year in 41 of ... » Learn More about September 2016 RE/MAX National Housing Report
Do you possess ‘average’ credit? If so, finding a mortgage can be tough
During the early 2000s, getting a mortgage was hardly difficult thanks in great part to lax lending standards. This practice eventually resulted in a bubble forming within the nation’s housing market - which, we are all aware, subsequently burst. Ever since then, the pendulum has swung the other way ... » Learn More about Do you possess ‘average’ credit? If so, finding a mortgage can be tough