Headlines spotlight the fact that buying a home is less affordable today than it was at any other time in more than a decade. Those headlines are accurate. Understandably, buying a home is more expensive now than immediately following one of the worst housing crashes in American history. Over the past decade, the market was…
One of the biggest challenges sellers face when listing their house is decluttering. Cleaning out some of the more personal decorating choices allows buyers to imagine themselves living in the house. Those planning to sell soon are in luck! Marie Kondo, the inventor of the KonMari Method of Tidying Up, has gained popularity with…
The largest obstacle renters face when planning to buy a home is saving for a down payment. This challenge is amplified by rising rents, which has eaten into the amount of money renters have leftover for savings each month after paying expenses. In combination with higher rents, survey after survey has shown that non-homeowners (renters…
There are some people who haven’t purchased homes because they are uncomfortable taking on the obligation of a mortgage. However, everyone should realize that unless you are living with your parents rent-free, you are paying a mortgage – either yours or your landlord’s. As Entrepreneur Magazine, a premier source for small business explained in their…
Last year we saw headlines about a possible housing market bubble, and many wondered if Americans still felt confident about the value of their homes. Recently, the 2018 Houzz & Home Study revealed: “Homeowners with mortgages have seen their home equity more than double since 2011, increasing to a record-setting $8.3 trillion in 2017.” The…
Recently, David Greene, co-host of the BiggerPockets podcast and a nationally renowned author and speaker, wrote an article in Forbes explaining how investing in real estate could help build wealth. Many of the points he made also apply to a family owning their own home. Here are a few: 1. Appreciation “The rising of home…
Over the course of the last thirty years, a shift has happened. An entire generation has been raised to believe that a college education is their key to unlocking opportunities that were not available to their parent’s or grandparent’s generations. Due to this, student loan debt has soared to $1.5 trillion and represents the largest…
Adjustable-rate mortgages (ARMs) represented 9.2% of all loans originated in December – an eight-year high – according to Ellie Mae’s monthly Origination Insight report. A year ago, the ARM share was around 5.6%. “With the strong demand for housing and the rapid increase in property value appreciation, more consumers are turning to ARMs in order…
Operating a moving and storage company requires a lot of resources that is why many moving companies do not offer storage services. Many consumers who are in between homes prefer to do business with a company who provides moving and storage services (one stop shop). There are many moving and storage companies who provide reputable…
Existing-home sales were at a seasonally adjusted rate of 5.32 million in November, an increase of 1.9% compared with October but down 7.0% compared with November 2017, according to the National Association of Realtors (NAR). Regionally, sales increased 7.2% in the Northeast, 5.5% in the Midwest and 2.3% in the South, compared with the previous…
We share insightful articles and resources to help homeowners and real estate professionals stay connected to the top trends related to the real estate market and local happenings in Tallahassee.