Trying to get a home loan? You may want to consider paying off your credit card bill first. As a result of the latest change by major credit rating agencies, mortgage lenders are now able to examine whether you pay the balance of your bill on a monthly basis or keep a balance. Which means home ... » Learn More about A credit card’s impact on credit scores changed
Home Ownership
Where’s all the starter properties? They’re rentals now!
The absence of starter home inventory for first-time home buyers has been documented over the past couple of years, with agents and brokers in all of the markets reporting that the pickings for entry-level buyers remains woefully slim even years after the Great Recession. Where's all the ... » Learn More about Where’s all the starter properties? They’re rentals now!
Perishing suburban malls develop into real estate paradise
You may soon be buying and selling a real estate inside malls. It's getting more common, as enclosed malls across the country expect to reinvent themselves. In addition, some communities discover that moving into a mall could be a boon for property values. Those massive, enclosed malls once ... » Learn More about Perishing suburban malls develop into real estate paradise
Don’t pay attention to home ownership level
For over a decade, the national home ownership rate has been declining. It peaked at 69.2% in 2004, but for the past Ten years, the rate continued to fall. Today the home ownership rate is less than 63%, the lowest in half a century. Some industry analysts are predicting further declines too, saying ... » Learn More about Don’t pay attention to home ownership level
Sellers: Provide Buyers Whatever They Want
Every seller hopes their home will sell quickly, along with a good price. Therefore it may be frustrating whenever your home doesn’t sell, although the house across the street gets snapped up. The homes are in the same location, with similar square footage, and the same amount of bedrooms and ... » Learn More about Sellers: Provide Buyers Whatever They Want