How to prepare your house to sell
Tag: News
Aug 28
Gadgets Buyers Will Pay Extra to Have
Gadgets Buyers Will Pay Extra to Have More builders are outfitting newly constructed homes with smart-home technology, and many buyers say they’ll pay extra for it, according to research from John Burns Real Estate Consulting. Sixty percent of home shoppers say they’d spend more on a home with a smart thermostat, the consulting firm’s survey …
Aug 27
A lot of Millennials Don’t Have a Qualifying Credit Score
A lot of Millennials Don’t Have a Qualifying Credit Score Millennials could stand to make some improvements to their credit files. Only 39 percent of millennials without a mortgage have a prime or better score, and the majority are facing higher delinquency rates on personal loans, shows a newly released study from Experian, an information …
Aug 24
Is a Jumbo Loan Right for you?
Is a Jumbo Loan Right for you? Large-balance mortgage loans called “jumbo” loans are becoming less expensive than conforming loans. Traditionally, jumbo loans have carried higher interest rates, but since mid-2013 that has been gradually changing. Jumbo loan rates have been less expensive to borrow than a conforming mortgage loan by an average of 33 …
Aug 23
Are You Willing to Move for a Job?
Are You Willing to Move for a Job? Fewer Americans are willing to uproot their lives to move for new job opportunities, suggests new census data. About 3.5 million Americans relocated for a new job last year, a 10 percent drop from 3.8 million in 2015. The number has been trending lower, despite the overall …
Aug 21
Best Days and times to Sell a Home
Best Days and times to Sell a Home Ever wish you knew the best time to sell in your market? A tool from HomeLight, a real estate referral company, wants to reveal sellers’ best chances for getting top dollar or the quickest sale. Nationwide, the best months to list a home is in the spring, …
Aug 20
Mortgage Rates Ease again.
Mortgage Rates Ease again. Borrowers had slightly more relief with mortgage rates again this week. The 30-year fixed-rate mortgage rate dipped again, averaging 4.53 percent, Freddie Mac reports. “The stability in borrowing costs comes despite the highest core inflation rates since 2008 and turbulence in the currency markets,” says Sam Khater, Freddie Mac’s chief economist. …
Aug 17
Home Searches Are Stretching on
Home Searches Are Stretching on House hunters who are actively seeking a home to buy are spending significant amounts of time looking for that perfect space, according to a new poll by the National Association of Home Builders. More than half of prospective buyers surveyed in the second quarter said they’d been trying to find …
Aug 16
Consumers Getting a Credit Score Boost
Consumers Getting a Credit Score Boost An overhaul in how several major credit reporting agencies factor in negative credit information is prompting millions of consumers’ credit scores to rise. Collection events were struck from 8 million consumers’ credit reports in the 12 months ending in June. The New York Federal Reserve reported Tuesday that consumers …
Aug 15
Minimum Waiting periods for Derogatory Credit
Minimum Waiting periods for Derogatory Credit Minimum Waiting periods for Derogatory Credit
Aug 14
Equity Rich? How Does Your State Fare?
Equity Rich? How Does Your State Fare? One in four properties nationwide are “equity rich,” according to a new report released by real estate data firm ATTOM Data Solutions. To be considered as such, homeowners with financing must currently hold a mortgage that is 50 percent or less of the property’s estimated market value. As …
