Talk of a housing bubble is beginning to crop up as home prices have appreciated at a rapid pace this year. This is understandable since the appreciation of residential real estate is well above historic annual averages. According to the Federal Housing Finance Agency (FHFA), annual appreciation since 1991 has averaged 3.8%. Here are the latest 2020 appreciation numbers from…
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If you’re one of the many homeowners thinking about taking your house off the market for the holidays, hang on. You definitely don’t want to miss the great selling opportunity you have right now. Here’s why this month is the optimal time to make sure your house is available for holiday buyers. The latest Existing Home Sales…
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If you imagined 2020 was the year you would finally list your house for sale, you may have hit the brakes on those plans when the coronavirus pandemic arrived. But now, we’re more than six months into the COVID-19 era with no clear end in sight. As many people continue working and logging in to school…
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As a wave of urban transplants heads for America’s suburbs and small towns, those areas could find themselves undergoing a dramatic makeover. The coronavirus pandemic has driven many well-off residents out of the cities, with their overpriced and cramped apartments, and toward less populated areas where they can find more space for less money. People leave…
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By Ana Durrani | Sep 18, 2020 Of all the rooms in the house, the kitchen may evoke the warmest emotions. After all, it’s here that people gather with family and friends, to share food and good company. It’s no wonder the kitchen is often called the heart of the home—and that it’s a key selling point, promising a…
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Credit scores are powerful indicators of creditworthiness and the likelihood of default, especially when applying for mortgages, credit cards, and auto loans, or when renting real estate and buying insurance. Your score can dramatically affect the cost of credit, because the price and terms you receive are (fortunately or unfortunately) based on this score. The bad news is that very…
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I’ve been hearing a lot of talk about inflation recently, including a lot of bad information. And I’ve been getting a lot of questions on the topic from other people. One of the most common questions I’ve been getting is about whether we’re likely to see inflation in the near future and whether that’s good or bad for…
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The Collin County Association of Realtors reports home shopping was on many North Texans’ back-to-school lists in August, as home sales continued to outpace inventory. Collin County had 58.6% more homes under contract in August 2020 compared to the same time last year, and 8.8% fewer new listings (1,811 vs. 1,986). A combination that further strained…
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The dream of many, as well as the most common way for Americans to build wealth, is buying a home. That is becoming more and more of a dream for those graduating with massive student loan debt. This article discusses buying a house with student loan debt. If you have student loans and are planning to…
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So, you’re thinking of hiring an agent? It’s a great idea-unless you choose a bad real estate agent. Ideally, working with an agent should be an efficient way to find a home and get quickly under contract. Luckily, bad agent red flags are easy to spot. Be on the lookout for these seven characteristics of a bad agent, and…
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