Mortgage Rates Fall Mortgage rates posted more drops this week, lowering the borrowing costs of potential home shoppers and refinancers. Rates are now at a nine-month low, which helped boost mortgage applications more than 20 percent this week. “Lower mortgage rates combined with continued income growth and lower energy prices are all positive indicators for consumers that …
Tag: tips
Jan 10
Home Owners worst Home Remodeling Projects
Home Owners worst Home Remodeling Projects Home remodeling isn’t as easy as it looks on TV. And for nearly two-thirds of homeowners who’ve attempted a do-it-yourself house project, they say they regret not calling in an expert on at least one of their projects, according to a new survey from ImproveNet of about 2,000 Americans. …
Jan 09
Considering a home purchase this year?
Considering a home purchase this year? Make it your New Year’s resolution to know how much home you can afford! Making a smart home buying decision starts with ensuring that you can truly afford the home of your dreams. This is no single formula for determining how much house you can financially manage, since it …
Jan 08
Home Repairs That Can Save a Sale
Home Repairs That Can Save a Sale Sellers whose homes aren’t in tip-top shape may need to spend extra money or put in a little elbow grease to get their properties in market-ready condition. But what are the most important repair or maintenance tasks that support a higher asking price? “Smaller and less expensive updates …
Jan 07
Home Owners and DIY Projects
Home Owners and DIY Projects Many homeowners are attracted to do-it-yourself home projects, particularly members of younger generations, according to the National Association of REALTORS®’ “2019 Remodeling Impact Report: DIY.” In fact, homeowners may even be happier when they DIY than when they hire a professional to handle a project. Homeowners reported a “joy score” of 9.9 for …
Jan 04
How to prepare your house to sell
How to prepare your house to sell Tips for preparing your house to sell: 1 – De-clutter: donate it, dump it or store it. 2 – De-personalize: Remove family photos, personal memorabilia, keepsakes, etc. 3 – Remove furniture: Create the feeling of space, especially if square footage is limited. 4 – Clean your house: …
Jan 03
HOT for 2019 – Single-Family Rentals
HOT for 2019 – Single-Family Rentals The single-family rental market has become big business and now compromises the largest source of rental housing in the U.S., according to a new white paper from Freddie Mac. Single-family rentals make up about half of the overall rental market, and it is the single largest segment of the …
Jan 02
Home building Concerns
Home building Concerns Most people have never gone through the home building process and aren’t sure what to expect. They want to know how much it will cost, how long it will take, and how much work they will have to do. Lynn Tribon, director of market development for custom home builder Adair Homes, says …
Dec 28
Selling Myths Your Clients Believe
Selling Myths Your Clients Believe Home buyers and sellers may have false assumptions about the real estate transaction process, believing in myths that could rob them of a purchase opportunity or keep them from selling for more money. Leaders of the Orlando Regional REALTOR® Association culled the top myths consumers fall for. 1. The longer …
Dec 27
Popular Cities for Millennials
Popular Cities for Millennials Millennials are choosing to plant roots in Salt Lake City, Minneapolis, and Pittsburgh at higher rates than in any other of the nation’s 50 largest metro areas, according to a new report by online marketplace LendingTree, which analyzed mortgage requests from January to November. “While millennials are often stereotyped as adolescents, …
Dec 26
Keep Your Home Safe During the Holidays
Keep Your Home Safe During the Holidays While people focus on spending time with family and friends, shopping for gifts, and traveling during the holiday season, it’s also important for them to pay attention to keeping their homes safe. Without putting a damper on the holiday spirit, here are some simple precautions from Brian Collins, a writer …