Millennials prioritize owning a home over getting married or having kids

Millennials prioritize owning a home over getting married or having kids I spend more time than I would like to admit looking at real estate listings online. I recently found a nice townhouse in my neighborhood that costs 25 times my annual salary, which is honestly a better deal than most other places in the … Continue reading Millennials prioritize owning a home over getting married or having kids

Wait or Buy Now? – Infographic

~ thank you KCM as always for the insightful information! ~ Some Highlights: The cost of waiting to buy is defined as the additional funds it would take to buy a home if prices & interest rates were to increase over a period of time. Freddie Mac predicts interest rates to rise to 5.2% by … Continue reading Wait or Buy Now? – Infographic

2008 Financial Crisis and lessons learned

~ agree? Click on link below for full article ~ We Have Learned Nothing From The Mortgage Market Meltdown   A sold sign is shown outside a single-family home on the market in Denver in March 2018. (AP Photo/David Zalubowski) In the decade before the 2008 financial crisis household debt increased greatly while the quality … Continue reading 2008 Financial Crisis and lessons learned

Where is Amazon Headed Next?

Amazon is hurtling head-first into yet another industry Getty Images / Scott Olson Amazon and homebuilder Lennar announced Wednesday that they're collaborating on a series of model homes that will be fully technology-enabled. The houses will make heavy use of Amazon's Alexa technology, which residents will be able to use to control the television, lights, … Continue reading Where is Amazon Headed Next?

5 Reasons to Love Using A Real Estate Pro

~ I wholeheartedly agree and I am not just saying that because I am a professional. There are a lot of ins and out described here, but also not listed below that we are trained to handle and maintain when you entrust us with helping you buy or sell your home ~ 5 Reasons to … Continue reading 5 Reasons to Love Using A Real Estate Pro

In Housing, a Good Deal Is Hard to Find

In Housing, a Good Deal Is Hard to Find With really good home deals increasingly hard to find in the current market, a new report suggests it’s become virtually a toss-up as to whether buying or renting would create greater wealth in many parts of the country. The Beracha, Hardin & Johnson Buy vs. Rent (BH&J) … Continue reading In Housing, a Good Deal Is Hard to Find

Large Homebuilder Merger

~ I am hoping that with the projected savings they will be able to tackle some more new homes, as with the recent hurricanes and wildfires we are in much more of a dire need ~ Lennar buys CalAtlantic for $5.7 billion amid red-hot housing sales Lennar is buying CalAtlantic Group in a $5.7 billion … Continue reading Large Homebuilder Merger

Senators Unveil Task Force to Combat Zombie Properties

~ This is really good news. Less blight on the neighborhoods and then hopefully more available housing as well ~ Senators Unveil Task Force to Combat Zombie Properties In a report from the New York State Senate released by Senators Jeff Klein (D-NY) and Jamaal Bailey (D-NY), a new task force called the “Nightmare Neighbor … Continue reading Senators Unveil Task Force to Combat Zombie Properties

Sales of new homes tumble to a 7-month low

Sales of new homes tumble to a 7-month low Sales of new single-family homes unexpectedly fell in July, dropping to their lowest level in seven months, which could raise concerns of a slowdown in the housing market recovery. The Commerce Department said on Wednesday new home sales tumbled 9.4 percent to a seasonally adjusted annual … Continue reading Sales of new homes tumble to a 7-month low

20 of the best US housing markets for investing in real estate

~ click on the link below for the complete list ~ 20 of the best US housing markets for investing in real estate If you're looking to invest in real estate, location is paramount. HomeUnion, an online real-estate investment management firm, has identified ZIP codes in 20 US metros where investors have seen the highest … Continue reading 20 of the best US housing markets for investing in real estate