Are There New Homes on Sale? Home buyers who seek something brand new may be able to score a deal. Although real estate prices have been on the rise generally, there are exceptions. The cost of buying new-construction has fallen to its lowest point in the last 12 months, realtor.com® reports. The median price of a …
Tag: News
May 25
Outside Remodeling Projects Pay Off
Outside Remodeling Projects Pay Off Tackling a project to spruce up a property’s outside may be a wise investment for both residential and commercial property owners, according to the National Association of REALTORS®’ and National Association of Landscape Professionals’ 2018 Remodeling Report: Outdoor Features. The outdoors doesn’t require a major overhaul to see a strong return …
May 24
The Best Housing Markets for Home Flippers
The Best Housing Markets for Home Flippers House flipping activity surged to an 11-year high this year, with more than 207,000 homes flipped, according to ATTOM Data Solutions, a real estate data firm. But the key is knowing where to be and when. “The sweet spot for successful home flipping is finding the neighborhoods just …
May 23
Time to move up to a larger home?
Time to move up to a larger home? It can be possible with a VA jumbo loan. Is it time you and your family had more space but you’re concerned a larger home may be out of reach? Good news. If you have equity in your current house, you may be able to afford a …
May 22
Pros and Cons of Bypassing an Appraisal
Pros and Cons of Bypassing an Appraisal Since mortgage giants Fannie Mae and Freddie Mac announced last year special rules for when a property does not need a traditional in-person appraisal, only about 5 percent of Fannie’s 1.2 million home mortgages—or 60,000—have qualified, The Washington Post reports. Freddie estimates that, eventually, no-appraisal mortgages will …
May 18
States Where Owners Are Likely to Move
States Where Owners Are Likely to Move Nevada has the highest share of homeowners who are likely to move, according to a new report released by ATTOM Data Solutions. Homeowners in Delaware, Florida, Colorado, and Virginia rounded out the top five places where homeowners are showing the greatest likelihood of moving. ATTOM Data Solutions, a …
May 17
Use Blog Comments to Boost Your Web Traffic
Use Blog Comments to Boost Your Web Traffic One of the most overlooked and underrated ways to promote your blog or website is within the comment section of other websites and blogs, writes Jayson DeMers, an online marketing and SEO expert for business owners, in a column for Forbes.com. Posting comments may actually be a …
May 16
VA Loan Limits
VA Loan Limits Maximum loan limits have increased in select counties. VA loan limits have changed. This may impact you if you have been pre-approved for a loan amount that exceeds the VA maximum loan limits. This update is effective for case numbers assigned on or after January 1, 2018 through December 31st …
May 15
Best Tip to First-Time Buyers: Act Fast
Best Tip to First-Time Buyers: Act Fast A shortage of homes for sale and rising home prices are making it challenging for first-time buyers, in particular, this spring. For those who want to land a home, real estate professionals are urging them to move fast. The price of an existing home in March was …
May 14
Rising Incomes Provide More Buyer Relief
Rising Incomes Provide More Buyer Relief Rising incomes are helping to offset recent increases in mortgage rates and gave a boost to housing affordability in the first quarter of this year, the National Association of Home Builders/Wells Fargo Housing Opportunity Index shows. The index showed that 61.6 percent of new and existing homes sold between …
May 11
4 Hot Trends for Outdoor Spaces
4 Hot Trends for Outdoor Spaces Regardless of its size, a home’s outdoor space should be a showpiece in a listing. “This year it’s really about making your outdoor space function like an interior space for all things fun, lounging, and entertaining,” Gretchen Kennelly, a San Diego interior designer, told realtor.com®. Designers offered up …
May 10
Lower Rates Do Little to Spur Loan Demand
Lower Rates Do Little to Spur Loan Demand Mortgage rates dropped last week, but that didn’t seem to push homeowners or home buyers to take advantage. Total mortgage applications—for home purchases and refinances—dropped 0.4 percent for the week. Volume is now 6 percent lower than a year ago, the Mortgage Bankers Association reported Wednesday. Refinance …
