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Homeownership Hits a 19 Year Low
The American dream used to entail owning a home but has this traditional dream shifted? The U.S. Census Bureau reported that homeownership rates have dropped to 64.8% in the first quarter of 2014,...
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Home Prices are Hot
Home prices continue to rise in what is undoubtedly a seller’s market. According to Zillow, prices have increased so quickly that about 1,000 local housing markets have reached records in new home...
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Home Prices Rise in March
Just when you thought home prices couldn’t go any higher they are still pushing limits. The S&P/Case-Shiller composite index recorded a 0.9% rise in March on a seasonally adjusted basis....
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Summer Real Estate in the Hamptons
For years the Hamptons has been a hot summer destination for New York City dwellers to escape to, along with other vacationers from across the country. The recession took its toll on the summer...
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Student Debt Holding Back Housing
One thing that could be attributing to the housing market’s lackluster performance is student loan debt. It has been a topic of discussion over the past few years; the amount of student loan debt that...
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Housing Bubbles Abroad?
With the run up in home prices in the U.S. some people are concerned about a possible housing bubble again. But several economists have popped a hole in this belief based on market fundamentals....
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Pocket Listings on the Rise
You might be familiar with the term pocket listing by now since it has become more popular during this current housing market. A pocket listing, also known as a “quiet” or “off-market” listing, is a...
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Pay Your Mortgage Off Quicker
As people inch closer towards retirement, owning their home outright can help give a since of financial security. Especially for those that have lived through a financial crisis and/or the recent...
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Lessons on How Not to Annoy your Real Estate Agent
Having a good relationship with your real estate agent can make things easier and it’s important to remember that treating them kindly can go a long way and will encourage them to go the extra mile for...
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Down Payment – Why Size Matters
Whether you are a first-time home buyer or a seasoned vet, a down payment is typically required by the lender. The amount required can range between 3-20% of the final sales price on the property. So...
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