ARCHIVED BLOG POSTS
2018
Although the real estate market is currently booming, the last housing bubble burst remains relatively fresh in investors' minds and that has many taking a long look at crowdfunding.One of the lessons that came out of the burst and ensuing Great Recession was that investors were blind to where th...
10/30/2018
Last week's economic news included readings on sales of new homes and pending home sales. A reading on consumer sentiment was also released along with weekly reports on mortgage rates and new jobless claims.Sales of New Homes Slide to Near 2 – Year LowAccording to Commerce Department readings on ...
10/30/2018
News of the Federal Reserve hiking interest rates appears to have caused unnecessary panic among people poised to purchase a first home or a larger one for a growing family.Headlines and news reports that talk about interest rates being at their highest since 2014 can be alarming. Announcements f...
10/26/2018
Home builder confidence in national housing market conditions rose one index point for a reading of 68 in October. Readings over 50 indicate that most builders are confident about market conditions. Rolling three-month averages showed mixed results. The Northeastern region gained three points for...
10/24/2018
Last week's economic reports included readings on home builder confidence,sales of pre-owned homes and housing starts. The Commerce Department also issued a report on building permits issued; weekly reports on mortgage rates and first-time jobless claims were also released.Homebuilder Confidence...
10/22/2018
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Recent medical school graduates, saddled by high student loan debt, sometimes have a hard time qualifying for a first mortgage. Now, however, a growing number of lenders will consider future earnings potential of high earners in the medical profession as a way to offset high debt ratios. But spec...
10/17/2018
Robert Frost once wrote that "Good fences make good neighbors." The poet was not referring to people bonding over the task of mending fences. Rather, defined boundaries are an important facet of neighborly relationships.Without clearly defined property lines and rights, otherwise good people too ...
10/17/2018
Last week's economic reports included releases on inflation, consumer sentiment. Weekly readings on mortgage rates and new jobless claims were also released.Inflation and Consumer Sentiment DipThe Commerce Department reported slower growth in inflation for September. The Consumer Price Index for ...
10/15/2018
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The struggle to achieve the American homeownership dream often feels like it happens in a vacuum. Everyday people work hard, save money and polish up their credit to get a low mortgage rate.But there are powerful forces at work that are far beyond each person's control. And until recently, the ga...
10/12/2018
The record-setting pace of the U.S. economy continues to positively impact the housing market and home foreclosures now stand at an astonishing 12-year low.Coming off a GDP growth rate of 4.1 percent and a historic bull stock market run, everyday Americans appear to be benefiting from one of, if ...
10/12/2018
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Bob Elliot
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