Blog

    • Where Are Interest Rates Headed in 2019?

      The interest rate you pay on your home mortgage has a direct impact on your monthly payment. The higher the rate, the greater the payment will be. That is why it is important to know where rates are headed when deciding to start your home search. Below is a chart created using Freddie Mac’s U.S. […]
      Written by Denise Zervos
    • Homeowners Aged 65+ Have 48x More Net Worth Than Renters

      Every three years, the Federal Reserve conducts their Survey of Consumer Finances in which they collect data across all economic and social groups. Their latest survey data covers responses from 2013-2016. The study revealed that the median net worth of a homeowner was $231,400 – a 15% increase since 2013. At the same time, the median net worth of […]
      Written by Denise Zervos
    • 4 Reasons to Buy A Home This Winter!

      Here are four great reasons to consider buying a home today instead of waiting. 1. Prices Will Continue to Rise CoreLogic’s latest Home Price Insight report revealed that home prices have appreciated by 5.6% over the last 12 months. The same report predicts that prices will continue to increase at a rate of 4.7% over the next year. […]
      Written by Denise Zervos
    • Home Prices Up 6.34% Across the Country! [INFOGRAPHIC]

      Some Highlights: The Federal Housing Finance Agency (FHFA) recently released their latest Quarterly Home Price Index report. In the report, home prices are compared both regionally and by state. Based on the latest numbers, if you plan on relocating...
      Written by Denise Zervos
    • Further Proof It’s NOT 2008 All Over Again

      Home sales numbers are leveling off, the rate of price appreciation has slowed to more historically normal averages, and inventory is finally increasing. We are headed into a more normal housing market. However, some are seeing these adjustments as red flags and are suggesting that we are headed back to the same challenges we experienced […]
      Written by Denise Zervos
    • 24% of Renters Believe Winter is the Best Time to Buy a Home

      In real estate, the spring is often seen as the ideal time to buy or sell a house. The term “Spring Buyer’s Season” exists for a reason, as renters and those looking to move on from their current home thaw out from the winter and hit the market ready to buy. According to Bank of […]
      Written by Denise Zervos
    • The #1 Reason to Not Wait Until Spring to Sell Your House

      Many sellers believe that spring is the best time to place their homes on the market because buyer demand traditionally increases at that time of year, but what they don’t realize is that if every homeowner believes the same thing, then that is when they will have the most competition! The #1 Reason to List […]
      Written by Denise Zervos
    • Buyers: Don’t Be Surprised by Closing Costs!

      Many homebuyers think that saving for their down payment is enough to buy the house of their dreams, but what about the closing costs that are required to obtain a mortgage? By law, a homebuyer will receive a loan estimate from their lender 3 days after submitting their loan application and they should receive a […]
      Written by Denise Zervos
    • Buyers: Don’t Be Surprised by Closing Costs!

      Many homebuyers think that saving for their down payment is enough to buy the house of their dreams, but what about the closing costs that are required to obtain a mortgage? By law, a homebuyer will receive a loan estimate from their lender 3 days after submitting their loan application and they should receive a […]
      Written by Denise Zervos