If your house no longer fits your needs and you are planning on buying a luxury home, now is a great time to do so! We recently shared data from Trulia’s Market Mismatch Study which showed that in today’s premium home market, buyers are in control. The inventory of homes Continue Reading
The Impact of Homeownership on Educational Achievement
The National Association of Realtors recently released a study titled 'Social Benefits of Homeownership and Stable Housing.’ The study confirmed a long-standing belief of most Americans: “Owning a home embodies the promise of individual autonomy and is the aspiration of Continue Reading
Buyer Demand is Outpacing The Supply of Homes for Sale
The price of any item is determined by the supply of that item, as well as the market demand. The National Association of REALTORS (NAR) surveys “over 50,000 real estate practitioners about their expectations for home sales, prices and market conditions” for their Continue Reading
Have You Saved Enough for Closing Costs?
There are many potential homebuyers, and even sellers, who believe that they need at least a 20% down payment in order to buy a home or move on to their next home. Time after time, we have dispelled this myth by showing that many loan programs allow you to put down as little Continue Reading
What Would a Millennial Baby Boom Mean for Housing?
Recently released data from the National Center for Health Statistics revealed that 1.3 million Millennial women gave birth for the first time in 2015. There are now over 16 million women in this generation who have become mothers. “All told, Millennial women (those born Continue Reading
How Low Interest Rates Increase Your Purchasing Power
According to Freddie Mac’s latest Primary Mortgage Market Survey, interest rates for a 30-year fixed rate mortgage are currently at 4.09%, which is still very low in comparison to recent history! The interest rate you secure when buying a home not only greatly impacts Continue Reading
The Home Inspection
A buyer typically has up to 7-10 days from the date of an accepted purchase agreement contract to have the home inspection performed. Once the inspection is complete and the buyer is satisfied with the home, a lender will then order the appraisal and really get the ball Continue Reading
Making an Offer on a Home
What’s required in an offer package? When we submit an offer, we typically include the following items: An earnest money deposit “EMD” check – typically 1-3% of the offer price. It can be in the form of a a personal check. Funds are held in escrow and applied toward Continue Reading
The Home Search
"Let's go see some homes!" Once you’ve obtained a pre-approval letter from a lender, we will arrange a date to see homes. Agents' schedules fills up fast, especially during peak months, so we will plan ahead. Let us know the addresses of homes you wish to see - at Continue Reading