How High Interest Rates Impact Housing Markets
Did you know the U.S. real estate market is expected to be worth an astounding $119.80 trillion by 2024? Among the different segments, residential real estate is set to lead, with a projected value of $94.39 trillion. Even more impressive, the market is anticipated to grow steadily at 4.51% annually from 2024 to 2028, reaching […]
What Are The Advantages Of Home Ownership?
Owning a home is a big part for lots of people in America, and there’s a good reason why. It gives you financial safety, stability, and the freedom to make your home just the way you like it. A report discovered that 70% of Americans consider buying a home in 2024 to be unrealistic. This […]
How Does A Reverse Mortgage Loan Work
Are you in a situation where you own valuable assets but have limited cash? Maybe you have the bulk of your assets in the equity of your home? Or you wanted to know how does a Reverse Mortgage loan work? This is common for many people over 60. As you enter retirement, your financial situation […]
Is the Real Estate Market Slowing Down, or Is This a Housing Bubble?
The talk of a housing bubble in the coming year seems to be at a fever pitch as rising mortgage rates continue to slow down an overheated real estate market. Over the past two years, home prices have appreciated at an unsustainable pace causing many to ask: are things just slowing down, or is a […]
2 Reports That Say Now Is a Great Time to Sell Your House
Heading into the spring buying market, there are strong trends starting to emerge. The inventory of homes for sale has increased on a year-over-year basis for eight months in a row. Home price appreciation has continued to grow, although at a slower rate. The homeownership rate has reached heights last seen in 2014, with millennials […]
Ways to Make Your Home Eco-Friendly
The current state of the planet has raised environmental awareness by leaps and bounds. If sustainable living important to you, a great place to start is with your home. Here are some ways to make or remodel your home to a more eco-friendly place to live in. Water Conservation is Key We’ve long been told […]
Why it’s Important to Get Pre-approved Before You Shop for Homes in Denver
Imagine finding your dream home, making an offer, and then losing out because you weren’t preapproved for a mortgage and someone else was. Getting pre-approved is a critical step in the home buying process for several key reasons. Know your budget When you get pre-approved for a loan, your lender will pre-approve a mortgage amount […]
Do You Know How Much Your Home Has Increased in Value?
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 […]
3 Things You Need to Know in a Shifting Real Estate Market
Whether you are thinking of selling your house or buying a home, today’s real estate headlines can be confusing – perhaps even concerning. What is happening with mortgage rates? Are home values dropping or are they just rising at a slower pace? What impact will the economy have on the housing market? If you are […]
What’s Ahead For Real Estate in 2019?
As we begin another year, everyone wants to know: “Where is the housing market headed in 2019?” It’s not only buyers, sellers, and homeowners who are impacted. The real estate market plays an integral role in the overall U.S. economy. Fortunately, key indicators point toward a stable housing market in 2019 with signs of modest […]
Here’s how that Fed rate hike will impact you
With the Federal Reserve’s latest quarter-point (.25%) interest rate increase, the central bank officials now forecast two hikes next year, down from three rate raises previously projected. The decision affects rates on all kinds of borrowing, from home mortgages to credit cards. An increase to interest rates usually causes consumer interest rates to rise, but the […]
Physician Loans, Are They Right For You?
You may have heard about mortgages specifically for physicians (known as physician loans) and are thinking of buying a home. They are attractive, but make sure you totally understand them to decide if you should take out a physician loan. There really are three main components to understand, so let’s go through them. Important components […]
