The results of the latest Rent vs. Buy Report from Trulia show that homeownership remains cheaper than renting with a traditional 30-year fixed rate mortgage in the 100 largest metro areas in the United States.
The updated numbers actually show that the range is an average of 3.5% less expensive in San Jose (CA), all the way up to 50.1% [...]
As home values continue to rise, some are questioning whether we are approaching another housing bubble. Zillow just reported that:
“National home values have surpassed the peak hit during the housing bubble and are at their highest value in more than a decade.”
Though that statement is correct, we must realize that just catching prices [...]
March 14, 2017
The spring market is off to a very strong start this year in the communities North of Boston, MA. The uncertainty of mortgage rates are causing many buyers to feel a high level of urgency. While it is a sellers market, depending on the type of home, location and price point, the level of demand can vary greatly. Many homes [...]
Today, many real estate conversations center on housing prices and where they may be headed. That is why we like the Home Price Expectation Survey.
Every quarter, Pulsenomics surveys a nationwide panel of over one hundred economists, real estate experts, and investment & market strategists about where they believe prices are headed over [...]
When it comes to mortgages, there’s a big gap between what people thinkthey need in order to get one and the reality of what buyers are successfully doing—especially young people.
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You Don't Know I know, I know, I’ve written on down payments before (like last month, when I highlighted that putting 20% down isn’t the norm).About Mortgages!
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Even after you’ve landed a loan and bought your dream home, that’s not where your knowledge of mortgages should end. For one, you’ll want to know the ins and outs of how to refinance a mortgage—info which can come in handy for a variety [...]
Prices rose in MA 4.7%. While it is less than the national average, the Boston market remains more stable than the markets in the US, and saw less depreciation compared to many others during the [...]
DAILY REAL ESTATE NEWS | THURSDAY, DECEMBER 15, 2016
The Federal Reserve hiked short-term interest rates Wednesday, in a move largely predicted by economists. So, what does this mean for mortgage rates and buyers?
Read more: Fed Warns About a 'New Housing Crisis'
First off, the Fed does not set mortgage rates. Short-term rates are [...]
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