Every three years, the Federal Reserve conducts their Survey of Consumer Finances in which they collect data across all economic and social groups. The latest survey data, covering 2013-2016 was released two weeks ago. The study…
Over the next five years, home prices are expected to appreciate on average by 3.35% per year and to grow by 24.34% cumulatively, according to Pulsenomics’ most recent Home Price Expectation Survey. So, what…
What is a Homestead Exemption? Homestead exemptions were created to help homeowners afford their annual property taxes. When filed, the exemption will remove part of the value of your prinicpal…
So, you’ve been searching for that perfect house to call a ‘home,’ and you finally found it! The price is right, and in such a competitive market, you want to…
The holidays are here, which means lots of get-togethers with family and friends. If you’re stumped on how to entertain your crew of party-goers, try one (or all!) of these…
Why is there so much paperwork mandated by the lenders for a mortgage loan application when buying a home today? It seems that they need to know everything about you and requires three…
What is Earnest Money? Earnest money is an important part of the home buying process. It helps prove to the seller that you are a committed (earnest) buyer, and it…
Escrow Buying or selling real estate usually involves the transfer of large sums of money. It is imperative that a neutral third party, such as a title company, handle the…
According to Freddie Mac’s latest Primary Mortgage Market Survey, interest rates for a 30-year fixed rate mortgage are currently at 3.92%, which is still near record lows in comparison to recent history! The interest…
There is a lot of discussion about the current state of housing affordability for both first-time and move-up buyers, and much of the narrative is tarnished with a negative slant.…
