Really great article in the New York Times last Friday about what Americans can expect in the upcoming year. Well, what they can expect when it comes to mortgages and home buying to be precise. Overall, the news is pretty good for home buyers, who can expect to get more home for their buck and lenders making getting a mortgage just a little easier as restrictions loosen.
2013 has seen some major economic events, and balance probably isn’t the first word most people would think of to describe them. However, there’s some balance coming in 2014…to the housing market, at least. A recent article on CNNMoney discusses how the housing market is shifting and will provide more opportunities for both buyers and sellers, as long as you’re a savvy player in the game.
Do you use the terms “realtor” and “real estate agent” interchangeably? A lot of people do, but there’s actually a distinct difference between the two. During our VA Loan Q&A Google Hangout, Margo Willis and Nick Mannis of the National Association of Realtors® let us in on the professional differences between realtors and agents.
As builders and remodeling contractors look ahead to 2014, what materials are they likely to choose? Of the new building products cited by architects, builders, designers, and marketers as the ones to watch in 2014, many are technically not "new." They are materials and products that have been on the market but are just catching on or are long-time favorites with enough staying power to remain top choices for 2014. What most of them have in common, however, are two things: energy-efficiency and sustainability.
Would you buy a house during the winter? Are you prepared to slog through feet of snow and slide around on sheets of ice looking for a new place to hang your hat? Are you willing to move your family’s belongings into a new place when temperatures are freezing outside? Doesn’t sound too fun, does it? What if buying a house in cold, hard weather translated into saving some cold, hard cash? According to a Realtor.com survey of over 1,300 prospective winter home buyers, there are plenty of reasons why it makes sense.
The home-buying process can be intimidating for first-time buyers, especially after the housing market’s rollercoaster ride over the last decade. Take a look at the advice we have here to help make your first time buying a home a simple process.
If you’re like me, you often sit around and contemplate, “What exactly should I do with my money?” If you’re really like me, your answer is usually to hit up the Taco Bell drive through. But for those times when you have more than a burrito’s worth of money to figure out, you probably want to invest it. There are many options available, but real estate may be a good option for you. “Why?” you ask. Well, as Mark Twain famously put it, “Buy land, they aren’t making any more.”
Does a co-op interest you? If so, Quicken Loans has some very exciting news. For the first time, Quicken Loans is offering home loans to co-op homeowners in New York!
Are you shopping for a home but not sure if you're ready to make an offer on a property that's caught your eye? Some home sellers may be willing to let you spend a night or two at the property so you can feel confident with making an offer. Read on to find out more.
According to the NAR Community Preference Survey of 2013, most Americans prefer houses with easy walks to schools, stores and restaurants over houses with large yards, but where you have to drive to go to schools, stores and restaurants (55% to 40%). An even larger majority prefers houses with smaller yards but a shorter commute to work over houses with larger yards but a longer commute to work (57% to 36%).