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Reynold Bascos
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5 Reasons Why Homeownership Is A Good Financial Investment

According to a recent report by Trulia, “buying is cheaper than renting in 100 of the largest metro areas by an average of 37.7%.” That may have some thinking about buying a home instead of signing another lease extension. But, does that make sense from a financial perspective?

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Is Getting a Home Mortgage Still Too Difficult?

Is Getting a Home Mortgage Still Too Difžcult? There is no doubt that mortgage credit availability is expanding, meaning it is easier to finance a home today than it was last year. However, the mortgage market is still much tighter than it was prior to the housing boom and bust experienced between 2003 - 2006.

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Private Mortgage Insurance

You Can Never Have TMI about PMI

You Can Never Have TMI about PMI When it comes to buying a home, whether it is your first time or your fifth, it is always important to know all the facts. With the large number of mortgage programs available that allow buyers to purchase a home with a down payment below 20%, you can never have Too Much Information (TMI) about Private Mortgage Insurance (PMI).

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How Long Do Families Stay in a Home?

How Long Do Families Stay in a Home?

The National Association of Realtors (NAR) keeps historic data on many aspects of homeownership. One of the data points that has changed dramatically is the median tenure of a family in a home. As the graph below shows, for over twenty years (1985-2008), the median tenure averaged exactly six years. However, since 2008, that average is almost nine years – an increase of almost 50%.

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4-demands-to-make-on-your-real-estate-agent

Buying a Home? 4 Demands to Make on Your Real Estate Agents

Are you thinking of buying a home? Are you dreading having to walk through strangers’ houses? Are you concerned about getting the paperwork correct? Hiring a professional real estate agent can take away most of the challenges of buying. A great agent is always worth more than the commission they charge, just like a great doctor or great accountant.

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Think You Should FSBO? 5 Reasons to Think Again

Think You Should FSBO? 5 Reasons to Think Again!

In today’s market, with home prices rising and a lack of inventory, some homeowners may consider trying to sell their home on their own, known in the industry as a For Sale by Owner (FSBO). There are several reasons why this might not be a good idea for the vast majority of sellers. -Continue reading…

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The Top Reason to List Your House For Sale Now!

The Top Reason to List Your House For Sale Now!

If you are debating listing your house for sale this year, here is the #1 reason not to wait!

Buyer Demand Continues to Outpace the Supply of Homes For Sale

The National Association of REALTORS’ (NAR) Chief Economist, Lawrence Yun recently commented on the inventory shortage:

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3 Questions Home Buyers Should Ask Before Buying

3 Questions Home Buyers Should Ask Before Buying

If you are debating purchasing a home right now, you are probably getting a lot of advice. Though your friends and family will have your best interest at heart, they may not be fully aware of your needs and what is currently happening in the real estate market.

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Mortgage application

Mortgage Applications Shoot Up 21 Percent

Mortgage applications increased 21.3 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending January 8, 2016.  The previous week’s results included an adjustment for the New Year’s holiday. -Continue reading…

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How to Maximize Your Home’s Potential in a Seller’s Market

Planning to sell in 2016? Whether it’s a pending late winter relocation or a thoughtfully planned downsizing that can occur at your own pace, it’s a seller’s market out there right now.  -Continue reading…

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