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Why the December rebound in home sales?
According to the National Association of Realtors, from November 2015 to December 2015, existing home sales increased by 14.7 percent. Instead of the housing market outperforming expectations, this bo...
Mortgage Industry Terms Explained
The mortgage world has its own language. To help you navigate your way through it, we’ll describe key mortgage terms to help you understand what they mean. Down Payment When you agree to purchase a ho...
Spicy, Sweet and Undeniably Delicious: Local Favorite Has a Loyal Following
When it comes to Cathy and Miguel Esquivel, you can have your cake and eat it too. And your carnitas. And your quesadillas. In fact, any cuisine prepared by the Esquivels’ capable hands is simp...
Five Great Ways to Save Money While Living Green in the New Year
Green living has become a popular concept, and that’s excellent news for the environment and the pocketbooks of homeowners. Try some of these great eco-friendly innovations for better living thi...
Assess your Credit Standing to Prepare for Buying a New Home
If 2016 is the year you buy your dream home, make an effort to get your ducks in a row, starting with your credit standing. The logical place to start would be at AnnualCreditReport.com where you can ...
The housing market hasn’t peaked yet
Thanks to the housing market crash during the Great Recession, you may be hesitant to purchase real estate out of fear prices have reached their highest points. You may believe buying today means your...
The National Foreclosure Rate Falls
A recent report detailing the nation’s foreclosure rates show that the housing market is continuing its rebound. Based on October’s numbers, the country’s foreclosure stock decreased, and the portion ...
RealtyTrac: Home prices in 35% of major metro areas hit all-time high in 2015
In 2015, over one-third of the country’s major metro areas reached all-time high home prices. Detroit, one of these locations, hit a peak in October. According to the real estate records, the me...
Baby Boomers Control Housing Market Fate
Many analysts continue to focus on the Millennial generation when analyzing housing demographics. However, a recent report from Freddie Mac indicates that the housing choices made by Baby Boomers will...
Lack of Confidence in Real Estate Market Keeping Americans on the Sidelines
While many would-be homebuyers agree that the American dream of owning one’s home is still a viable goal, a growing number of people hesitate to take the first step out of fear of losing their d...
20 Hottest Housing markets right now
October has historically proven to be a slow month in real estate, and last month held true to this tradition. However, despite the natural slowness of the market, some cities performed exceptionally ...
September 2015 Homes Sales & Price Report
As fall has arrived, California home sales have slowed, but this is usual for the off-season. In September, sales across the state were still above 400,000, and the median home price was approximately...
Home Purchase Applications set for Healthy 2016
With the housing market now almost fully recovered, more people than ever are applying for new mortgages. Mortgage origination numbers have increased by 10 percent in the last year. In 2014, purchase ...
What do Pending Homes Sales Really Forecast?
When looking at all the indicators in the real estate market, realtors make some typical conclusions. Traditionally, they look at the pending home sales in any one month and believe that the actual pu...
East and West U.S. Divided on Home Prices
Because of a split between states east of the Mississippi River and those west of the river, indicators for the U.S. home market seem to be all over the board. From June to July, cities in the East, i...
Out-of-Control Rents Make Home Ownership Even More Attractive
A great many Americans have chosen to rent their primary residence rather than purchasing a home. Renting has traditionally been a choice that allowed you to obtain a residence while remaining free fr...
Will August’s Home Sales Decrease Take a Toll on Prices?
According to the National Association of Realtors, the Pending Home Sales Index revealed the month of August saw a small dip in its numbers. Despite the fall, the results were stronger than this point...
Modest Real Estate Gains are Still Good News
It has been a hot summer for real estate in California with home sales higher than they were a year ago. Although sales in August decreased by 3.8 percent from July, the numbers were still up by 9.3 p...
Home Equity in the United States is Up
A recent study completed by Black Knight Financial Services confirms that available home equity in the United States has jumped by an estimated $1 trillion during the last year. This is the highest it...