Blog

26
Jul
By Jim Hasek
Real Estate Tips, ,

3 Money-Smart Reasons To Downsize Your Home

Living big isn't necessarily living better. Apartment buildings, townhouses and multiplexes have become the new normal for increasing numbers of individuals, couples and families. It's clear that for many people, smaller spaces are smarter, too. This attitude is more than just a trend. According to TIME Magazine, multi-family dwellings like condominiums accounted for 40% of new construction in the United States in 2014 and the movement shows few signs of slowing down. The change isn't surprising when considering the benefits to moving, especially when it comes to sheer cost-savings. Whether residents are spending less cash or conserving their valuable time…
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25
Jul
By Jim Hasek
Mortgage Rates,

What’s Ahead For Mortgage Rates This Week – July 25, 2016

Housing Starts, Building Permits Issued Rise Commerce Department reports on housing starts and building permits issued were released Tuesday. Housing starts rose to 1.189 million in June against expectations of 1.165 million starts and May's downwardly revised reading of 1.135 million starts, Housing starts rose by 4.80 percent on a seasonally-adjusted annual basis. This is good news for housing markets, but analysts said that demand for homes continued to exceed available supplies. Building permits issued also rose in June to 1.53 million as compared to May's reading of 1.136 million permits issued. Existing Home Sales Increase: National Association of Realtors®…
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22
Jul
By Jim Hasek
Home Seller Tips, ,

How to Sell Your Home Quickly in a Buyer’s Market

Everyone wants a place to call home, but that doesn't guarantee that homeowners will have an easy time selling their properties. Making sales depend on more than just curb appeal or the popularity of open houses. Complicated factors like the economy, interest rates and regional regulations all drive the real estate market. It can make an incredible impact on the speed and ease of real estate transactions. But not knowing the state of the market can be more than just a hassle. When real estate favors buyers, not adjusting the sales strategy can be a seriously costly mistake. Worse than…
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21
Jul
By Jim Hasek
Home Mortgage Tips,

Need to Discuss – 3 Tips When Shopping for a New Home Loan

Finding a new home loan can seem challenging, but if you take the proper steps before you start applying for loans, you'll have no difficulty finding a mortgage that works for you and a lender that would love to have you as a borrower. Shopping for a mortgage isn't like shopping for a couch, and there's a lot that goes into the process. So how can you shop for your new home loan in a way that saves you time and gets you the best loan for your needs? Here's what you need to know. Research Loan Types A lot…
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20
Jul
By Jim Hasek
Home Mortgage Tips, ,

On a Variable Mortgage? 3 Signs Your Mortgage Payment Is About To Increase

For many homebuyers who are new to the market, it can be very comforting to be on a fixed rate mortgage where fluctuating interest rates cannot have an impact on your monthly payments. While a variable rate mortgage can sometimes lead to significant savings at the end of the day, there are a few ways you can tell if your monthly payment is on the upswing. An Increase In Your Home's Value A marked increase in a home's value is ideal for most homeowners who consider their home an important investment. However, the downside of an increase in the price…
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19
Jul
By Jim Hasek
Mortgage Rates,

NAHB: Home Builder Confidence Slips in June

Home builder confidence fell slightly in June to a reading of 59 according to the National Association of Home Builders Housing Market Index. Analysts had expected no change to June's reading of 60. June components of the HMI were also lower. Builder confidence in current market conditions dropped by one point to 63; builder confidence in market conditions over the next six months fell three points to a reading of 66. The reading for foot traffic in new single-family developments dropped one point to 55. Readings over 50 indicate that more builders than fewer are confident about housing market conditions.…
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