Home Values

Home Values

5 questions to help you choose between a 30-year mortgage or 15 – Part 5

Are you planning on retiring soon? How close a borrower is to retiring plays a major role in whether to take out a 15-year mortgage. Typically, borrowers who take 15-year mortgages are at least 40 years old, according to Cecala. These borrowers are often willing to pay off the balance on their
Read More

5 questions to help you choose between a 30-year mortgage or 15 – Part 3

Are you buying your first home? First-time home buyers often benefit from selecting a 30-year mortgage because the monthly payments are lower. A longer-term mortgage can make a more expensive home more affordable for a new buyer. According to Cecala, most first-time home buyers "are trying to
Read More

5 questions to help you choose between a 30-year mortgage or 15 – Part 1

It has been a slow and painful process, but the housing market is now in recovery and foreclosures have been dropping. Since the housing bust, regulators have focused on preventing borrowers from entering into potentially toxic loans. To help accomplish this, the U.S. government established the
Read More

New home buyers could be dissuade by rising mortgage rates

A sharp rise in mortgage rates over the last few weeks means it may be too late for some homeowners to benefit from a refinance. This just as thousands were gaining equity in their homes and finally becoming eligible. At the same time, the still-low rates are encouraging some renters to buy
Read More

A major shift in the housing market

The real estate market has been one of the strongest pillars of the economy following the greatest financial downturn since the Great Depression. Amid low interest rates and a great deal of intervention from policymakers, home buyers received an added incentive to purchase a home. Meanwhile,
Read More

Homes Sales Fall As Housing Becomes Less Affordable

Well it shouldn’t necessarily come as a surprise. Sales of previously owned homes fell 1.9% in September from a month earlier, according to the National Association of Realtors, as the summertime spike in mortgage rates pressured activity and housing affordability
Read More

High-end house flips and Investors

Rising home prices and short supply have investors setting their sights on a new real estate play. Home flipping, loosely defined as buying and selling the same home within six months, fell out of favor during the housing recession, as falling prices left no prospect for profit. Now the market is
Read More

Private, In-Town Location – 2631 Chelsea Ln, Santa Fe, NM

  Built in 2001, this beautiful adobe home was handcrafted with all the artful expressions indicative of our beloved Southwest architecture. Gorgeous tumbled brick floors accent the beautifully finished public rooms in this 2,164 square foot home. It has all the details desired by so
Read More

7 Things To Do You Want to Buy or Sell in 2013

True Confession: I set a handful of New Year’s Resolutions every single year. Why? They work for me - I’ve got probably a 75 percent success rate. Some of this is in the science of setting the Resolution the right way in the first place, including the preparation. Here’s my secret: I
Read More

10 cities with the highest rent spikes in 2012

Home prices might still be recovering, but the price of rentals has skyrocketed in these cities. Houston, TX Year-over-year rise: 16.8% Vacancy rate: 3% Median monthly rent: $1,270.50 They say all things are bigger in Texas. And now Texans can include what they pay for rentals. Oakland,
Read More
« Older Entries
Newer Entries »