Blog

    • Home Buying Myths Slayed [INFOGRAPHIC]

      Some Highlights: The average down payment for first-time homebuyers is only 6%! Despite mortgage interest rates being over 4%, rates are still below historic numbers. 88% of property managers raised their rents in the last 12 months! The credit scor...
      Written by Denise Zervos
    • Is Family Mortgage Debt Out of Control?

      Some homeowners have recently done a “cash out” refinance and have taken a portion of their increased equity from their house. Others have sold their homes and purchased more expensive homes with larger mortgages. At the same time, first-time buyers have become homeowners and now have mortgage payments for the first time. These developments have […]
      Written by Denise Zervos
    • How Much Do You Need to Make to Buy a Home in Your State?

      It’s no mystery that cost of living varies drastically depending on where you live, so a new study by GOBankingRates set out to find out what minimum salary you would need to make in order to buy a median-priced home in each of the 50 states, and Washington, D.C. States in the Midwest came out […]
      Written by Denise Zervos
    • Rising Prices Help You Build Your Family’s Wealth

      Over the next five years, home prices are expected to appreciate, on average, by 3.6% per year and to grow by 18.2% cumulatively, according to Pulsenomics’ most recent Home Price Expectation Survey. So, what does this mean for homeowners and their equity position? As an example, let’s assume a young couple purchased and closed on a $250,000 home this […]
      Written by Denise Zervos
    • Getting Pre-Approved Should Always Be Your First Step

      In many markets across the country, the number of buyers searching for their dream homes greatly outnumbers the number of homes for sale. This has led to a competitive marketplace where buyers often need to stand out. One way to show you are serious about buying your dream home is to get pre-qualified or pre-approved for a […]
      Written by Denise Zervos
    • A Tale of Two Markets [INFOGRAPHIC]

      Some Highlights:

      • A trend that has been emerging for some time now is the contrast between inventory & demand in the Premium & Luxury Markets vs. the Starter & Trade-Up Home Markets and what that’s, in turn, doing to prices!
      • Inventory continues to rise in the luxury & premium home markets which is causing prices to cool.
      • Demand continues to rise with low inventory in the starter & trade-up home markets, causing prices to rise!
      Written by Denise Zervos
    • Mortgage Interest Rates Have Begun to Level Off

      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 have increased from 3.95% in the first week of […]
      Written by Denise Zervos
    • What Is Private Mortgage Insurance (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 homes with down payments below 20%, you can never have too much information about Private Mortgage Insurance (PMI). What […]
      Written by Denise Zervos
    • US Housing Market Still In ‘Buy Territory’!

      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 Index is a quarterly report that attempts to answer the question: In today’s housing market, is it better to […]
      Written by Denise Zervos