Category: Real Estate News & Tips

President Donald Trump has called on the U.S. Federal Reserve to drop interest rates to zero, or even negative, at its next meeting on Sept. 17. That has sparked several discussions this week on how that could impact the housing market. For one, that could mean cheaper mortgages for home buyers, housing analysts say. While … Read More “Could Mortgage Rates Really Drop to Zero?” »

What’s life without a little risk? That may sound cliché, but in today’s credit-dependent culture, it can be difficult or even unwise to go through life without taking some sort of gamble with your finances. To make a living, you’ll need a job. To get the job you want, you may need formal education. To get … Read More “How are mortgage rates determined?” »

Whether you’re moving on a tight time frame or you need to sell before you can buy, sometimes finding a buyer fast is a top priority. In light of that, I asked agents to share their top tricks for what you can do to sell your home fast. Read on below to see what they … Read More “What Can I Do To Sell My Home Fast?” »

Swimming pools can help to significantly boost a home price. A new study from LendingTree shows that homes with pools are valued 54% higher than those without one. The median home with a pool is valued at $469,187, while the median home without a pool is valued at $305,152, according to the study. The highest … Read More “Pools May Add a Splash to Home Value” »

Finding the right property is particularly stressful for families with children under the age of 18, and choosing the neighborhood carefully is critical to their home search, according to the National Association of REALTORS®’ 2019 Moving With Kids survey, based on responses from more than 7,000 consumers. The two characteristics that buyers say they weigh the most … Read More “What Families With Young Kids Need in Their Next Home” »

Seller didn’t disclose water damage, now what? These homeowners moved in and found themselves with flooded basements from cracks, leaks and clogged drains. From time to time, we get a series of questions on the same topic. This week, everyone seems to have water on the brain. Literally. We’re running some of the questions and … Read More “Seller Didn’t Disclose Water Damage, Now What?” »

The Federal Reserve cut interest rates Wednesday, its first reduction since December 2008. For most Americans, the cut could mean a reprieve in escalating borrowing costs. At the same time, savings account rates may fall. The Federal Reserve’s decision to cut interest rates 25 basis points for the first time in over a decade marked a … Read More “Here’s what that Fed rate cut means for you” »

After a slight uptick last week, mortgage rates fell back to what’s become a more regular pattern this summer of hovering near three-year lows. Home buyers are responding to the lower rates, and mortgage applications for home purchases have continued to rise steadily the last two months to the highest year-over-year change since the fall of … Read More “Mortgage Rates Are Back to Near 3-Year Lows” »

Millennials this year are less likely to be taking creative measures like co-ownership or renting out rooms to afford a mortgage, according to a Redfin survey. Millennial homebuyers in 2019 are less likely to take extraordinary measures to afford their mortgage payments, such as getting help from their parents or co-ownership with someone other than … Read More “Millennial Homebuyers say they’ll Rely on Parents Less” »

Buying a home is a major financial step and long-term commitment. Owning a home is the quintessential American Dream, but aside from the feeling of pride it brings, there are plenty of practical reasons to purchase a home. Consistent Housing Payment The biggest cost to budget for in your personal life is likely your housing … Read More “Why Renters Should Get Serious About Owning Their Homes” »