So many times when we represent buyers we encourage them to request a home warranty with the purchase of their new home. Home Warranties come with all kinds of small print so do not assume that all warranties are the same. So we would like to share an experience we had with our own home and the Home ... » Learn More about Who Says Home Warranties Are a Waste of Money
Home buyers
Pending home sales produced tiny gain in November
Level of competition is fierce as home hunters who started their search earlier in the year are still trying to purchase. The National Association of Realtors (NAR) Pending Home Sales Index (PHSI), a forward-looking indicator that tracks homes sales when a contract is signed however the sale hasn't ... » Learn More about Pending home sales produced tiny gain in November
9 grants and services which will help obtain a first home
Money issues often stand in the way of home-ownership. Market research by rental service Apartment List discovered that 80% of millennial renters want to purchase a home, but the majority say they are unable to afford to. What you may not realize is that many first-time home buyer programs and ... » Learn More about 9 grants and services which will help obtain a first home
Are 5,000-Square-Foot Homes Too Large?
The share of new homes which are 5,000 square feet or larger is dropping. It’s now at its lowest point since 2012, throughout the Great Recession. The percentage has dropped from 3.9% in 2015 to 3.1% in 2016. In absolute terms, that’s 28,000 units reduced to 24,000, respectively, in accordance with ... » Learn More about Are 5,000-Square-Foot Homes Too Large?
90% of US Counties Will Receive FHA Loan Limit Boost
Loan limits are going to be rising in 2018 for loans guaranteed by the FHA. The Department of Housing and Urban Development (HUD) announced on Thursday that it was boosting limits for those loans in more than 3,000 counties. This provides FHA loans consistent with those of Fannie Mae and Freddie ... » Learn More about 90% of US Counties Will Receive FHA Loan Limit Boost