What’s New in Legislation for Homeowners?

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Owning a home can be expensive, though the benefits of home ownership typically outweigh the cost. Occasionally, changes to the law at either the state or national level can affect how these benefits and costs affect you. This is especially true if you’re still considering whether or not to buy a house, since knowing how the law stands can have …

Getting Your Garden and Landscape Ready for Winter

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There’s nothing quite as solemn as watching the garden and landscape start to wind down for a long winter’s rest. It’s part of the never-ending cycle of nature — and landscaping chores — that you’ll find yourself participating in as a homeowner. Shed a small tear for the beauty of the cycle, then head out to the garage because you’ve …

Burn, Baby, Burn! Fireplace Safety 101

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Shorter days and chilly nights can mean only one thing: it’s time to fire up the fireplace. Before you get too far ahead of yourself, let’s talk about fire safety. It’s boring, possibly even a little overly dramatic at times, but the fact is that before you start that first big scorcher, there are quite a few things that you …

Home Shopping Red Flags to Watch

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Shopping for a home can be exciting. Unfortunately, sometimes we can get too caught up in the excitement and end up ignoring signs that the house we’re looking at might not be the best option. There are a number of red flags that can pop up when looking at homes, and even more when shopping for a mortgage to pay …

Celebrating 75 Years of the VA Home Loan

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This year marks the 75th anniversary of VA Home Loan Benefit offerings through the Servicemen’s Readjustment Act, also known as the GI Bill. Since 1944, this law has created opportunities for those who have served our country, ranging from vocational training to home loans. Facts About VA Home Loans: Nearly 24 million home loans have been guaranteed by the Veterans …

Millennial Buying Power Poised to Boost Homeownership

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In a recent article by Realtor Magazine, Mark Fleming, Chief Economist of First American Financial Corporation, notes, “The largest group of millennials by birth year will turn 30 in 2020, which puts them entering their prime homebuying years”. The article continues to describe how millennials have more buying-power than the generations that preceded them, making their interest in embracing homeownership …

62% of Buyers Are Wrong About Down Payment Needs

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According to the ‘2019 Home Buyer Report’ conducted by Nerdwallet, many first-time buyers still believe they need a 20% down payment to buy a home in today’s market: “More than 6 in 10 (62%) Americans believe you must put at least 20% down in order to purchase a home.” When potential homebuyers think they need a 20% down payment to …

Think Prices Have Skyrocketed? Look at Rents.

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Much has been written about how residential real estate values have increased since the housing market started its recovery in 2012. However, little has been shared about what has taken place with residential rental prices. Let’s shed a little light on this subject. In the most recent Apartment Rent Report, RentCafe explains how rents have continued to increase over the …

Homes Are Selling Quickly [INFOGRAPHIC]

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Some Highlights: The National Association of REALTORS® surveyed their members for the release of their Confidence Index. The REALTORS® Confidence Index is a key indicator of housing market strength based on a monthly survey sent to over 50,000 real estate practitioners. Practitioners are asked about their expectations for home sales, prices, and market conditions. Homes across the country are selling …

3 Reasons This is NOT the 2008 Real Estate Market

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No one knows for sure when the next recession will occur. What is known, however, is that the upcoming economic slowdown will not be caused by a housing market crash, as was the case in 2008. There are those who disagree and are comparing today’s real estate market to the market in 2005-2006, which preceded the crash. In many ways, …