Mortgage Market UpdateThe Pros and Cons of For Sale By Owner Most sellers want top dollar for their house, and in an effort to increase their profits turn to the For Sale By Owner (FSBO) model to avoid paying realtor commissions. Interestingly, Zillow has found that...
Before You Attempt to Flip a House, Avoid These 5 Costly Mistakes House flipping has been a hot trend in the real estate market for years, bolstered in part by glossy TV shows featuring charismatic personalities who earn big profits in just one 30-minute episode....
The Home Buyer's Wish List In today’s work-from-home environment, many Americans are leaving urban centers and flocking to the suburbs. As they search for their spacious new homes, some interesting “must-haves” are appearing. According to HousingWire, new requirements...
FHFA Delays the Refi Fee On Tuesday, August 25, the Federal Housing Finance Agency (FHFA) announced that Fannie Mae and Freddie Mac would delay the implementation of the controversial Adverse Market Refinance Fee. The fee, previously set to take effect September 1,...
Real Estate Market: Rural Home Prices Jump The Coronavirus pandemic seems to be pushing homeowners from cities into rural and suburb areas. According to a July study by Redfin, before the pandemic 9% of homebuyers said they were looking for a home in rural areas....
Median Home Prices Rose in July According to the Housing Recovery Index put out by Realtor.com, listing price growth increased $27,000 (8.5%) Y-o-Y to $349,000 in July – a new high in median U.S. home prices. Danielle Hale, chief economist at Realtor.com notes that,...
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