The most accurate way to calculate how much home you can afford

~ There is some great information, but don't overlook speaking to a lender as soon as you are thinking about looking for a home. They will be able to guide you as well ~ The most accurate way to calculate how much home you can afford Jeanie Ahn Yahoo FinanceJuly 12, 2017 The American dream … Continue reading The most accurate way to calculate how much home you can afford

McMansion Popularity Surging for First Time Since Housing Bubble

McMansion Popularity Surging for First Time Since Housing Bubble Back in the mid-2000s, McMansions, or homes that were larger than 3,000 square feet, helped fuel the housing bubble as people started building bigger and better homes. Coupled with subprime mortgages, banks couldn’t keep up when people stopped paying their mortgages, and the market collapsed. Now, … Continue reading McMansion Popularity Surging for First Time Since Housing Bubble

Falling Short: Appraisals Not Meeting Homeowner Expectations

~ As prices rise and inventory drops, make sure you work your Realtor in pricing your home correctly ~ Falling Short: Appraisals Not Meeting Homeowner Expectations Quicken Loans released its May National Home Price Perception Index (HPPI) on Tuesday, which showed that, on a national average, homeowners estimated their house’s worth at a higher value … Continue reading Falling Short: Appraisals Not Meeting Homeowner Expectations

Lower Down Payments Make Homeownership More Accessible

Lower Down Payments Make Homeownership More Accessible Although DownPayment Resource is reporting in their Down Payment Report for June that homeownership is struggling—63.9 percent of the population and falling—newer “super low down” loans are starting to become more popular with millennials to get their foot in the home-ownership door. The standard 20 percent down payment … Continue reading Lower Down Payments Make Homeownership More Accessible

It Gets Stranger: How Trump’s Tax Plan Impacts Homeowners & Real Estate Investors

It Gets Stranger: How Trump’s Tax Plan Impacts Homeowners & Real Estate Investors ~ great post from a blog I follow! ~ Sound the controversy bells! Politics, economics, and real estate ahead! Except—wait a second. What is this odd intersection of liberal economic arguments and Trump’s tax proposal? Something strange is afoot. The Trump tax … Continue reading It Gets Stranger: How Trump’s Tax Plan Impacts Homeowners & Real Estate Investors

Fannie Mae will ease financial standards for mortgage applicants next month

Fannie Mae will ease financial standards for mortgage applicants next month  Fannie Mae will ease financial standards for mortgage applicants next month The top reason mortgage applicants nationwide get rejected is because they’re carrying too much debt relative to their monthly incomes. Fannie Mae will be raising its DTI ceiling from the current 45 percent … Continue reading Fannie Mae will ease financial standards for mortgage applicants next month

Making an Offer: 5 Mistakes to Avoid

Making an Offer: 5 Mistakes to Avoid Daily Real Estate News | Wednesday, May 10, 2017 <!-- --> In competitive housing markets across the country, making an offer that sticks has become increasingly difficult. Ensure your client doesn’t make the process even tougher by succumbing to one of these common mistakes. Delaying “Time kills deals,” says … Continue reading Making an Offer: 5 Mistakes to Avoid

9 Grants and Programs for First-Time Homebuyers

9 Grants and Programs for First-Time Homebuyers By Rachel Hartman (TNS)—Buying a home for the first time can be daunting. In addition to mountains of paperwork and new financial terms to sort through, you’ll face costs and fees that can quickly add up. In short, purchasing a home isn’t a financial step to take lightly. … Continue reading 9 Grants and Programs for First-Time Homebuyers

Map Reveals What the Cost Obsession Is in Your State

~ I always find these funny and interesting. ~ Map Reveals What the Cost Obsession Is in Your State Everyone worries about how much things cost. But what you worry about depends on where you live. Fixr Fortunately for the voyeur in us all, Google reported the top cost-related search terms for each state in … Continue reading Map Reveals What the Cost Obsession Is in Your State

Where To Invest In Housing In 2017

~ click on the link below for the complete article you can click through from Forbes ~&lt;img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=1494993704116832&amp;ev=PageView&amp;noscript=1" /&gt; Where To Invest In Housing In 2017 &lt;img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=1494993704116832&amp;ev=PageView&amp;noscript=1" /&gt; Whether looking for a place to live or a property to rent out for yield, every home buyer wants to … Continue reading Where To Invest In Housing In 2017