Resources for Responsible Home Ownership - Own Responsibly, Save Shamelessly!
As real estate professionals, our first concern when it comes to credit scores is making sure that those of our clients aren’t too low. If a low credit score is an issue affecting your ability to obtain financing, this article isn’t for you. Today, we discuss those who have done everything they can to treat [...]
I stumbled across a very interesting article today, entitled “17 Secrets Real Estate Insiders Won’t Tell You”. It looks to expose some of the lesser-known goings on in the world of real estate, inspection, construction and architecture. To check out the article and accompanying slide show, CLICK HERE. This article looks to expose what would [...]
The July numbers for both currently inventory on the market and the seasonally adjusted sales rate have been released by the NAR. Long story short, when dividing the rate of sale by the rate at which properties have been entering the market, we find that the market has 8.92 months of supply in backlog. To [...]
An interesting article was recently published on CNNMoney.com. It discusses how homeownership interweaved itself into the American Dream, and how that ideal is being challenged in today’s world. To check out the article, CLICK HERE. Home ownership was initially supported by the federal government as a way to enjoy an equity stake in the country, [...]
When we consider how low mortgage rates are, we tend to do so by juxtaposing those of present day with those of the past. In this respect, things look sweet no matter where one turns to handle the financing on their purchase. However, the rates that are reported in news sources are just the tip [...]
As anybody reading this blog is aware, Silicon Valley remains firmly entrenched in a buyer’s market, in spite of some glimmers of hope that the expiring tax credit provided. A buyer’s market, of course, simply means that the limited number of buyers out there in some markets puts sellers at a disadvantage. Buyers, knowing the [...]
The numbers came in at the end of April, and housing experts across the country united in celebration. Sales were up, values were stabilizing, all while the market headed into the historically healthy spring and summer months. While many happily proclaimed the worst to be behind us, others tempered their optimism with a dose of [...]
Lately, the news lines have been bustling with reports outlining the difficulties of home ownership, and rightfully so. For homeowners across America, the financial benefits of home ownership are going unrealized, which has either dashed or put on hold the dreams of good people everywhere. The market downturn has caused many to lose, and many [...]
A story came out today detailing the ongoing struggle between Appraisers and Realtors who are competing for valuation work, this time from short sales through the Making Home Affordable Foreclosure Alternatives (HAFA) program. While the focus of this article is limited to the HAFA program, it outlines a larger battle being waged between these cousins [...]
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