In-The-Know Real Estate Blog

In-The-Know Real Estate Blog 3 Reasons This is NOT the 2008 Real Estate Market No one knows for sure when the next recession will occur. What is known, however, is that the “talked about” upcoming economic slowdown will not be caused by a housing market crash, as was the case in 2008. There are those who disagree and are comparing today’s real estate market to the market in 2005-2006, […]
In-The-Know Real Estate Blog The Ins and Outs of Private Mortgage Insurance (PMI) Whether it is your first time or your fifth, it is always important to know all the facts when it comes to buying a home. With the large number of mortgage programs available that allow buyers to purchase homes with down payments below 20%, you can never have too much information about Private Mortgage Insurance (PMI). So… […]
In-The-Know Real Estate Blog 4 Reasons to Buy a Home This Summer Here are four reasons to consider buying today instead of waiting: 1.  Prices will likely continue to rise. CoreLogic’s latest U.S. Home Price Insights reports that home prices have appreciated by 3.7% over the last 12 months. The same report predicts that prices will continue to increase at a rate of 4.8% over the next year. Home values […]
In-The-Know Real Estate Blog 4 Basic Tips for Making a Competitive Offer So, you’ve been searching for that perfect house to call “home” and you’ve finally found it!  The price is right, and in such a competitive market, you want to make sure you make a good offer so that you can guarantee that your dream of making this house YOURS comes true! Below are 4 steps […]
In-The-Know Real Estate Blog With Inventory Low, Will Your Dream Home Need Some TLC? According to a new survey from Move.com, the wave of first-time homebuyers hitting the market this summer has resulted in an interesting statistic. Nearly 60% of buyers searching for a home this spring are willing to consider buying a fixer-upper, with 95% believing that the projects needed will increase their new home’s value! Realtor.com’s Chief […]
In-The-Know Real Estate Blog Don’t Wait Until Spring to Sell Not exclusive of the residential real estate market, the price of any item is determined by the theory of ‘supply and demand.’  If many people are looking to buy an item and the supply of that item is limited, the price of that item increases. Historically, the supply of homes for sale dramatically increases every spring, according to […]
In-The-Know Real Estate Blog Mortgage Rates Fall to 9-Month Lows Mortgage rates continue their six-week decline, falling to nine-month lows The 30-year fixed-rate average sank to its lowest level since April, falling to 4.45 percent. (J. Lawler Duggan for The Washington Post) By Kathy Orton January 10, 2019 Mortgage rates have been in a prolonged swoon, but it may be coming to an end. According to […]
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