MORTGAGE MYTHS

For the good and bad of it (and there is both a bad and good side to this), home mortgages require only 3% down and as low as a 580 FICO score to qualify. Great news for credit worthy but cash starved buyers; maybe bad news for the health of Read More

RENT OR OWN, YOU PAY A MORTGAGE

Rent or Own, You Pay a Mortgage. Have written about this topic frequently in the past. This is another nice summary of the reasons to get into a home of your own and build your net worth instead of the landlord. There are some people that have not purchased a Read More

REAL ESTATE VALUES TODAY

Interesting and timely topic as people balance the risk of buying a house against the risk of another “BUBBLE COLLAPSE”, like we hit after 2007. Looking at the actual statistics gives a more calming picture. For example, in Delaware County, prices of single family houses peaked at an average price Read More

SHOULD I BUY NOW OR WAIT?

Should I Buy Now or Wait? This is a short and right to the point summary of why it makes great sense to buy that first house now or sell, and make that move up buy now. If the house you want costs $250,000 now, waiting a year will cost Read More

SALES AT HIGHEST PACE IN 9 YEARS

Sales at highest pace in 9 years, prices up, inventory down, interest rates low, what could be better for the real estate market? Like the fellow says, every silver lining has a cloud or two. At the risk of being like the proverbial skunk at a garden party, here is Read More

HOME OWNERSHIP MAKES SENSE

Owning A Home Makes Sense Financially Home ownership still makes a lot of sense financially, for the reasons enumerated below. Why might buying a home not make sense at the present time? Only one reason – that is if home prices were to decline, like they did from 2006/7 up Read More

HOUSING PRICES, STILL UP OR NOT?

  Are housing prices still on the way up or are we headed for a correction? One more supporting piece of data that says the right time to make that first buy or move up buy is now. However, I would feel a lot better if two of the predictors Read More

FORECLOSURES DOWN, BUY NOW

Bottom line, foreclosures are down, way way down as are the numbers of people who are seriously delinquent in their mortgages. So what you say? Well this is another reason to buy that first house now or to make that move up buy. Our area had a HUGE HANGOVER of Read More

HOUSING MARKET SNAPSHOT

Housing Market Snapshot is kind of like what a wise man once said; none of us has a crystal ball, but we do have he next best thing – AND THAT IS DATA. Lots of data here about the housing market. All of it positive. + Home prices expected to rise Read More