2016
2016 Emerges as the Best Year for Sales in a Decade
Existing-home sales finished out 2016 as the best year since the housing boom days. According to the National Association of Realtor’s December existing-home sales report, total existing-home sales—wh...
Spring Weather and the Real Estate Market: A Perfect Match
Everything grows in the spring, including flowers, baby animals and housing sales. Mortgage rates are close to a three-year low. This is improving consumers’ purchasing power. Many of these home buyer...
How Does The Line Of Credit For A Reverse Mortgage Work?
Usually, your mortgage’s principal balance and line of credit grow at the same rate. The balance and line of credit equal the principal. Interest and insurance are charged to to the balance but ...
The 20 Hottest U.S. Real Estate Markets in February 2016
February 2016 has proven to be a lucrative month for both home buyers and sellers. The number of available houses for sale on the market has increased only slightly as buyers’ demands for homes ...
Affordable Housing a Challenge in 2016
The Economic & Strategic Research (ESR) Group, a division of Fannie Mae, believes that the central theme of the housing market and the general economy in 2016 should focus on the challenge of affo...
The 20 Hottest U.S. Real Estate Markets in January 2016
December 2015 was certainly unseasonably warm through much of the nation, especially across the eastern portions. As January’s weather is regulating, real estate patterns are returning to normal...
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...