Category: Real Estate News & Tips

Selling a house can be a long and exhausting process, whether you’re doing it in a seller’s market or a buyer’s market. Knowing how to sell your house fast despite the housing market conditions can ensure you get the most from the sale. If you are thinking of selling your house in 2020, here are the top tips for selling your … Read More “20 Tips for Selling Your Home in 2020” »

Could This Be the Last Affordable Spring Home-Buying Season? Mortgage rates have dropped to the lowest levels since before the 2016 presidential election. The 30-year fixed-rate mortgage averaged 3.45% during the week ending Feb. 6, a decrease of six basis points from the previous week, Freddie Mac reported Thursday. This was the third consecutive week in which … Read More “Mortgage Rates Fall to the Lowest Level Since 2016” »

There is a lot to consider before buying a home. If you’re going to live in the home, you’ll need to get a clear picture of what the next few years will look like for you and your family. If the house will be an investment property, you’ll need to understand what kinds of risks you’re taking … Read More “10 Questions to Ask Before Buying a Home” »

When you’re making an investment during uncertain economic conditions, you’d like to be able to separate the short-term zigs from the long-term zags. This is especially true for investors in rental property because it’s so difficult to get into or out of a market; you can’t just call up someone and place an order. 2020 … Read More “Four Trends For Real Estate Investors In 2020” »

The easiest way to compute loan interest is with a calculator or spreadsheet, but you can also do it by hand if you prefer. For quick answers, use technology—online calculators or spreadsheets. To understand the details, do a portion of the math yourself. You’ll make more informed decisions when you understand the numbers. Types of … Read More “Compute Loan Interest With Calculators or Templates” »

Renting vs. Owning: An Overview Whether to rent or to buy the place in which you live is a major decision. It doesn’t just affect how much money you have left at the end of the month, it also affects your lifestyle and the size of the savings you accumulate over the years. Every day, … Read More “Renting vs. Owning a Home: What’s the Difference?” »

With 2020 nearing, experts and forecasters have issued many market predictions, aligning on certain points, but diverging in opinion on others. Below, RISMedia’s snapshot: Home-Building Although homebuilders maintain optimism, buyer demand is stronger, and analysts are divided on whether inventory is meaningfully rising. For 2020, the National Association of REALTORS® expects 10.6 percent more housing starts (multifamily … Read More “2020 Housing Market Predictions: A Snapshot” »

The very loans that are supposed to help seniors stay in their homes are in many cases pushing them out. Reverse mortgages, which allow homeowners 62 and older to borrow money against the value of their homes and not pay it back until they move out or die, have long been fraught with problems. But federal and … Read More “A Risky Lifeline for the Elderly Is Costing Some Their Homes” »

January is often a time to hit the reset button, to start fresh. Sometimes, it’s a new approach to an ongoing goal. And if buying a home has been an ongoing goal, the start of a new year can feel like a time of optimism. So if 2020 is going to be the year you … Read More “New Year’s Resolutions for Home Buyers in 2020” »

New year, new home? Whip your financial resume into shape to improve your home-buying odds. Thinking of buying a home this year? We compiled five New Year’s resolutions that can help you keep your financial resume in tiptop shape. 1. Avoid job hopping Employment history and income are two of the biggest factors lenders look … Read More “5 New Year’s Resolutions That Can Help You Buy a Home” »