Low Inventory Pushes Home Prices Higher

According to CoreLogic’s latest Home Price Index, home prices appreciated by 6.9% year-over-year from December 2016 to December 2017 on a national level. This marks the fifth month in a row with at least a 6.9% increase.

Married couples are becoming “Happily Ever Homeowner” once again.

Married couples are becoming “happily ever homeowner” once again. They dominated the first-time homebuyer statistics last year at 66% of all buyers, according to the most recent Profile of Home Buyers & Sellers. It is no surprise that having two incomes to save for down payments. Being a “happily ever homeowner” means both contribute to […]

More Than Half Of All Buyers Are Surprised By Closing Costs

According to a survey conducted by ClosingCorp, over half of all homebuyers are surprised by the closing costs required to obtain their mortgage. Have you been surprised by closing costs? After surveying 1,000 first-time and repeat homebuyers, the results revealed that 17% of homebuyers were surprised that closing costs were required at all, while another 35% were […]

Being Pre-Approved Should Always Be Your First Step

  In many markets across the country, the number of buyers searching for their dream homes greatly outnumbers the amount of homes for sale, yet few are pre-approved when they start their search. This has led to a competitive marketplace where buyers often need to stand out. One way to show you are serious about buying […]

5 (Totally Legal) Tricks to Boost Your Credit Score Fast

So, you’ve decided next year is the year you’re finally going to buy a house, but now you’re a little panicked because your credit score isn’t exactly going to make lenders swoon. You’re not alone. The national average credit score is 695, while only half of consumers fall in the desired 700-plus range. Although you certainly can get […]

What Is a Home Equity Line of Credit? The HELOC Explained

If you’ve been looking for a way to get a little money out of your home without actually selling it, you’ve probably come across something called a Home Equity Line of Credit, or HELOC for short (pronounced “heelock”). Clear as mud, right? Now that you’re no doubt wondering what a Home Equity Line of Credit […]

4 Tips for Effectively Making an Offer

So, you’ve been searching for that perfect house to call a ‘home,’ and you’re finally making an offer! The price is right, and in such a competitive market, you want to make sure that you make a good offer.  This will hopefully guarantee that your dream of making this house yours comes true! Freddie Mac covered “4 […]