A recession does not equal a housing crisis. That’s the one thing that every homeowner today needs to know. Everywhere you look, experts are warning we could be heading toward a recession, and if true, an economic slowdown doesn’t mean homes will lose value. The National Bureau of Economic Research (NBER) defines a recession this way: […]
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What Factors Do Mortgage Lenders Consider?
In this article: What Do Mortgage Lenders Look for on Your Credit Report? How Do Lenders Assess Your Income? Do Mortgage Lenders Consider Your Assets? What Do Lenders Require for a Down Payment? Keep an Eye on Your Credit You’ve found your dream home and you’re ready to make what’s probably the biggest purchase of […]
As mortgage rates tick upwards, 8 secrets to getting the lowest mortgage rate possible for you
How to get a mortgage rate that’s as low as possible. At this time last year, 30-year mortgage rates sat at a little over 3%, but now, they’re over 5%. And some pros say we may see more interest rate increases this year, which makes locking in the lowest rate on a new loan appealing. […]
Buyers Resilient Against Rising Rates
Mortgage rates continue to push higher, but home buyers aren’t spooked. Mortgage applications for home purchases moved 5% higher last week compared to the previous week, and buyer competition remains elevated in many markets. Even as costs rise, buyers remain focused on their homeownership aspirations. The 30-year fixed-rate mortgage rose to a 5.30% average last […]
Are home prices about to fall?
Here’s how to make sense of this crazy housing market We are at the point of the economic cycle where I really just get two questions: Are we going into recession and are home prices about to fall? I am going to do my best to try to make sense of what is happening with […]
Is The Housing Market About to Collapse? What Investors Need to Know
It seems like every media outlet, and perhaps every person on Earth, is debating if the housing market is going to crash soon. While the truth is that no one really knows what’s going to happen, we can examine data and attempt to determine what is most likely to happen. Personally, I don’t believe a […]
Profit in private real estate lending: Short-term loans to real estate redevelopers and builders can generate solid returns for investors
Becoming a private lender is not as complex as it might seem. If you’re looking for an investment vehicle that generates solid short-term returns without the volatility of growth stocks, private lending may be for you. Becoming a private lender is not as complex as it might seem. All you really need is a comfortable […]
8 Reasons to Choose a Real Estate Agent Over “For Sale By Owner”
Why it’s worth getting a pro to sell your home When you sell your home yourself—also known as “for sale by owner” (FSBO)—it may seem like a great way to save thousands of dollars. After all, the standard real estate agent’s commission is 5% to 6%—that’s $12,500 to $15,000 on a $250,000 home.1 Given the size […]
FSBO vs. Realtor Statistics: What You Need to Know!
FSBO (for sale by owner) refers to the process of selling a home without a real estate agent. While the vast majority of American home sellers work with a realtor to sell their homes, a minority are willing to put in the time and effort necessary to go it alone. Most FSBO sellers are driven […]
FSBO vs. Realtor: What I Learned from Selling our Home
Real Estate can be a huge money maker, but it is very hard to understand without lots of experience and help along the way. 3 years ago, I walked into it thinking, no biggy, I can sell our Brooklyn Co-op on Zillow, For Sale by Owner (FSBO for those in the know). Why do I […]