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Why Today’s Mortgage Debt Isn’t a Sign of a Housing Market Crash
One major reason why we’re not heading toward a foreclosure crisis is the high level of equity homeowners have today.
Why a Foreclosure Wave Isn’t on the Horizon
Even though data shows inflation is cooling, a lot of people are still feeling the pinch on their wallets.
Buyers becoming more frantic trying to compete with investors
From my monthly report from Credit Suisse and their survey of real estate agents nationwide on what they’re seeing in the marketplace, another solid indicator of how quickly the market has turned around. Traffic levels exceeded agents’ expectations in the region during the month of May, and 88% of agents reported that home prices increased…
5 Step Strategy for Downsizing Your Home
In our “bigger is better” culture, there’s an expectation that each home should be larger and grander than the last. But life changes like divorce, kids leaving for college, or even the simple act of growing older can prompt us to find a smaller home that better suits our shifting needs and lifestyle. In fact,…
Top 4 Derogatory Credit Events and the waiting periods before you can buy a new home
Have you ever wondered how long you might have to wait after Bankruptcy, Foreclosure, or Short Sale before you can purchase your new home? Check out the chart and see how long a lender will require you to wait before you can borrow again. Link to the PDF here: http://sunshineguru.com/wp-content/uploads/2013/11/Derog-Credit-Chart-Fisher-Darrow.pdf Interestingly, I recently had a…
