Facts: Condominium loans represent only about 8 percent of total mortgages. However, CoreLogic says they may play a much larger role in the future. Average Condominium marketing time is 60 days, the shortest since CoreLogic began tracking it in 2000.…
Today mortgage rates dropped to their lowest in over a year. A variety of contributors are to thank for the rate drop such as uncertain market outcomes of Brexit, The 10 year Treasury auction, and favorable economic data. Because a…
The biggest reason people move to growing areas is usually because of better employment opportunities. But it can also be for affordable housing in a newly developed area. If you are like me, you might be curious as to what…
Looking at overall data from last year’s market, home price gains have gone down while rent has gone up. Since less people have been buying single family residences in last year, more people are renting. Lower supply and higher demand…
Millennial women outpacing their male counterparts in home sales January 11, 2019 Alcynna Lloyd The housing market is projected to heat up in 2019, and new data from Realtor.com indicates this push will predominantly be driven by Millennial women. According to the company’s latest study, 50%…
Every year around this time, many homeowners begin the process of preparing their homes in case of extreme winter weather. Some others skip winter all together by escaping to their vacation homes in a warmer climate. For those homeowners staying…
For the last few months rates have been gradually going down. Mostly due to an oversupply of homes on the market and uncertainty about the state of the economy. As of today the rates have taken a turn and began…
Most people assume that you have to be a US citizen to get a home loan, but that isn’t true. I’m here to tell you that there is an option for undocumented immigrants to get a loan without a social…
According to Redfin, the housing demand index has increased by 5.1% since September. However, this has not translated to offers made on homes. The number of open house tours has increased month-to-month by 11.2% while the number of those writing…
According to a new study from Urban Institute, there are over 19 million millennials in 31 cities who are not only ready and willing to become homeowners, but are able to as well! Now that the largest generation since baby boomers has aged…
