RECENT BLOG POSTS
We’re currently in the longest economic recovery in U.S. history. That has caused some to ask experts to project when the next economic slowdown (recession) could occur. Two years ago, 67% of the economists surveyed by the Wall Street Journal (WSJ) for the Economic Forecasting Survey predicted we...
01/30/2020
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If you’re following what’s happening in the current housing market, you’ve seen how the lack of newly constructed homes is a major reason there’s a shortage of housing inventory available to today’s buyers. Another reason is that the inventory of existing homes for sale is shrinking. According to...
01/29/2020
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If one of the questions you’re asking yourself today is, “Should I sell my house this year?” the current Housing Opportunities and Market Experience (HOME) Survey from the National Association of Realtors® (NAR) should boost your confidence as it relates to the current selling sentiment in the ho...
01/28/2020
In the latest Housing Trends Report, the National Association of Home Builders (NAHB) measured the share of adults planning to buy a home over the next 12 months. The report indicates the percentage of all buyers that will be first-time buyers looking to purchase a home grew from 58% in Q4 2018 t...
01/27/2020
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If you have a mortgage on your home, your total house payment may include 1/12 the cost of the annual taxes and insurance. Those amounts are held in an escrow account so the lender can pay them when they become due.The most common reason an escrow account shortage occurs is that taxes and insura...
01/24/2020
The headlines in real estate today all revolve around one major point: there is a shortage of homes available for sale. Price appreciation is accelerating again because there is a shortage of homes available for sale. First-time buyers are taking longer to purchase a home because there is a short...
01/23/2020
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Home values have been increasing for 93 consecutive months, according to the National Association of Realtors. If you’re a homeowner, particularly one looking to downsize your living space, that’s great news, as you’ve likely built significant equity in your home.Here’s some more good news: mortg...
01/22/2020
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When you think of wallpaper, you likely picture rolls of material that are plastered or glued in place. Once the wallpaper is up on the walls, that’s pretty much it; while wallpaper can be removed, the process usually isn’t very quick or easy. If you want the look of wallpaper without the hassle,...
01/21/2020
In 1963, Martin Luther King, Jr. led and inspired a powerful movement with his famous “I Have a Dream” speech. Through his passion and determination, he sparked interest, ambition, and courage in his audience. Today, reflecting on his message encourages many of us to think about our own dreams, g...
01/20/2020
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The first question anyone thinking about moving up should ask is if they can afford it, but that’s only part of the equation. Even if things are great now, life is unpredictable, and your finances could change. Still, you can’t live life in a shoebox just because you are afraid to take the lea...
01/17/2020