2016 was a fairly good year for the housing industry. Despite builders not producing enough homes, national prices crossed the previous 2006 peak, mortgage rates remained historically low, and the Millennial generation finally began to enter the market. The effects the recent election will have on the market are yet to be determined, but that … Read more
The US real estate market has been growing slightly with the national home price index (seasonally-adjusted) witnessing an increase of 5% until April of 2016. Many people know it will increase much more in 2017 and 2018 with a pro-growth President at the helm. While housing prices continue to rise in all 20 major US … Read more
Everyone dreams about owning a home. In 2015, approximately 62.2 percent of the Americans owned the home they stayed in which is not that special. In fact, it is not impressive at all. But many people believe in the years ahead this number will improve with a pro-growth and pro-job president in office but that’s … Read more
If you’re reading this with a view for a guide to purchasing a new home after previously renting; congratulations! You’re finally getting ready to take the huge step on to the property ladder. No longer will you be spending ‘dead’ money on rent. Instead, every payment you make will go towards eventual ownership of the … Read more
Most young people begin their independent lives by renting an apartment or going off to college. As they build careers, save money, and start families, many may choose to buy a home. Or, perhaps small families looking to move up and expand or finally got that promotion. On the other end, some homeowners nearing retirement … Read more
A home inspection is really just a contingency, but it’s such an important contingency that it deserves some special consideration. At heart, a home inspection is just what it sounds like: hiring a professional to inspect a home, in order to make sure that there are no hidden issues, defects, or safety concerns. Beyond this, … Read more
15 Economic Benefits of New Home Construction The impact new home builders have on local economies goes way beyond construction job growth. The below new home construction economic benefits detail some of the most important ways homebuilding can help positively grow a local economy. According to economists at the National Association of Home Builders, the … Read more
Buying a home is one of the biggest purchases and decisions you will make. Jumping in without doing your homework and preparing can cost you money. Go over this check list to make sure you are getting the home you want and can afford…
A Comprehensive Guide to Your Final Walk Through by: Tim Vargas Buying a new home is one of the most important investments you will make, and you need to make sure there are no unexpected surprises when you move-in. As your closing date approaches, you will do a “Final Walk Through”. Often times, many people … Read more
According to the Obama administration, first-time home buyers will soon be able to use the $8,000 tax credit as cash for use as a down payment and/or for closing costs if the buyer uses Federal Housing Administration (FHA) mortgage financing…