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What’s the “Emotional” Return on Investment of a New Home?
Chances are, you’ve heard the expression, “Your home is your biggest investment.” For most homeowners, that’s true. So, when you’re shopping for a new home, it’s important to consider the financial opportunity of any purchase. Ideally, you want a home that is likely to increase in value over time. In other ...
Continue ReadingShould You Worry about Competing Listings?
Imagine you’ve been waiting for the right moment to sell your home and you’re finally ready to list it. But, just as you’re about to put up the sign, you notice that a few other FOR SALE signs have unexpectedly popped up in the community. Oh no! Now there are competing ...
Continue ReadingOpen House Questions Some Buyers Forget to Ask
An Open House is an event. And, like many events, it’s easy to get caught up in all the excitement and energy. In fact, when you visit an Open House, you might even end up rubbing elbows with other buyers who are there at the same time. It can feel ...
Continue ReadingProtecting your Home Gadgets from Hacking
Imagine your coffee maker switching on by itself, staying on for hours, overheating and becoming a fire hazard. That’s not science fiction. As more and more appliances incorporate Wi-Fi, the opportunities for hackers to play havoc with your home gadgets increase. How do you prevent that from happening? Here are some ...
Continue ReadingMortgage Rates Won’t Fall Below 6% Anytime Soon, Top Economist Says in Grim Forecast
Mortgage rates could remain stuck above 6% for the next several years, according to newly released projections from the economists at the Mortgage Bankers Association. MBA Chief Economist Mike Fratantoni presented the forecast at the group's annual conference in Las Vegas on Sunday, projecting that 30-year fixed mortgage rates will remain roughly in the range ...
Continue ReadingSurvey: Most Millennials Feel Financially Squeezed Between Homeownership and Retirement Readiness
A new survey of American millennials found 58% of respondents feeling that their tight financial state is forcing them to choose between homeownership and retirement security. The Harris Poll survey from Nationwide Retirement Institute found more than one-third (35%) of millennials citing rising housing costs as the biggest obstacle to their ...
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