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Real Estate Agent - eXp Realty - 40241196

ARCHIVED BLOG POSTS

2019 

  Some Highlights: With interest rates around 3.66%, now is a great time to look back at where they’ve been over the past few decades. Comparatively, they’re pretty low! According to Freddie Mac, rates are projected to increase to 3.9% by this time next year. The impact your interest rate has on ...
11/25/2019
Last week’s scheduled economic news releases included readings on builder sentiment from the National Association of Home Builders and. Commerce Department data on housing starts and building permits issued.The National Association of Realtors® reported on sales of previously owned homes and the ...
11/25/2019
How Long Can This Economic Recovery Last? The economy is currently experiencing the longest recovery in our nation’s history. The stock market has hit record highs, while unemployment rates are at record lows. Home price appreciation is beginning to reaccelerate. This begs the question: How long...
11/21/2019
Buyers Are Looking Now. Are You Ready to List Your Home? Inventory on the market today is low, especially among existing homes in the entry and middle-level tiers of the market. It is hovering well below the 6-month supply typically found in a more normal market, as shown in the graph below:With...
11/21/2019
Expert Advice: 3 Benefits to Owning a Home Success is something often worth repeating, and Brent Sutherland, a Certified Financial Planner and Real Estate Investor, has certainly made his way in a momentum-driving direction. Here are 3 tips he shares from a recent piece in Business Insider on th...
11/21/2019
2 Myths Holding Back Home Buyers In a recent article, First American shared how millennials are not really any different from previous generations when it comes to the goal of homeownership; it is still a huge part of their American Dream. The piece, however, also reveals,  “Saving for a down pay...
11/18/2019
Last week’s economic reporting included readings on inflation, testimony by Federal Reserve Chair Jerome Powell, and weekly readings on mortgage rates and new unemployment claims.Rising Gas Prices Fuel Jump in InflationConsumer inflation increased at its fastest pace in seven months according to ...
11/18/2019
The Cost of Renting vs. Buying a Home [INFOGRAPHIC] Some Highlights: Historically, the choice between renting and buying a home has been a tough decision. Looking at the percentage of income needed to rent a median-priced home today (27.7%) vs. the percentage needed to buy a median-priced home (...
11/15/2019
This is Not 2008 All Over Again: The Mortgage Lending Factor Some are afraid the real estate market may be looking a lot like it did prior to the housing crash in 2008. One of the factors they’re pointing at is the availability of mortgage money. Recent articles about the availability of low-dow...
11/15/2019
75 Years of VA Home Loan Benefits Today, on Veterans Day, we salute those who have served our country in war or peace, and we thank them for their sacrifice. This year marks the 75th anniversary of VA Home Loan Benefit offerings through the Servicemen’s Readjustment Act, also known as the GI Bil...
11/11/2019
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Real Estate Matters! Local and national market news, trends and updates.