by mdennehy | Apr 25, 2018 | Uncategorized
There is no doubt that the price of a home in most regions of the country is greater now than at any time in history. However, when we look at the costof a home, it is cheaper to own today than it has been historically. The Difference Between PRICE and COST The price...
by mdennehy | Apr 11, 2018 | Uncategorized
Whether you are a buyer searching for your first home, or a homeowner looking to move up to your next home, you should pay attention to where mortgage interest rates are heading. Over the course of 2018, according to Freddie Mac’s Primary Mortgage Market Survey, rates...
by mdennehy | Apr 9, 2018 | Uncategorized
According to the Beracha, Hardin & Johnson Buy vs. Rent (BH&J) Index, the U.S. housing market has continued to move deeper into buy territory, supporting the belief that housing markets across the country remain a sound investment. The BH&J...
by mdennehy | Apr 6, 2018 | Uncategorized
Some Highlights: Since the creation of the VA Home Loans Program, 22 million veterans have been able to achieve the American Dream of homeownership. In 2017, $188 billion was loaned to veterans and their families through the program. VA Purchase Loans are on the...
by mdennehy | Apr 5, 2018 | Uncategorized
Why are home prices still rising? It is a simple answer. There are more purchasers in the market right now than there are available homes for them to buy. This is an example of the theory of “supply and demand” which is defined as: “the amount of a commodity, product,...
by mdennehy | Apr 4, 2018 | Uncategorized
According to a new study from Lending Tree, Americans who have filed for bankruptcy may be able to rebuild enough credit to qualify for a home loan in as little as 2-3 years. This is in stark contrast to the belief that many have that they need to wait 7-10 years for...
by mdennehy | Apr 4, 2018 | Uncategorized
How do you select the members of your team who are going to help make your dream of owning a home a reality? What should you be looking for? How do you know if you’ve found the right agent or lender? The most important characteristic that you should be looking for in...
by mdennehy | Apr 3, 2018 | Uncategorized
Owning a home has great financial benefits, yet many continue to rent! Today, let’s look at the financial reasons why owning a home of your own has been a part of the American Dream for as long as America has existed. Realtor.com recently reported that:...
by mdennehy | Apr 3, 2018 | Uncategorized
Some Highlights: Historically, the choice between renting or buying a home has been a tough decision. Looking at the percentage of income needed to rent a median-priced home today (28.9%) vs. the percentage needed to buy a median-priced home (15.7%), the choice...
by mdennehy | Apr 3, 2018 | Uncategorized
Some believe that the combined effects of the new tax code and rising mortgage rates will have an adverse impact on residential real estate prices in 2018. However, the clear majority of recently surveyed housing experts believe that home values will continue to rise...