According to Apartment List’s National Rent Report, rental prices went up $300 per month in 2021. And sources like MBS Highway expect this trend to continue in 2022, albeit at a slightly slower pace. If you’re currently renting or are considering renting, while you may have a roof over your head, renting doesn’t help you… Read More
Tips & Tricks from My Blog
Is it too late to buy a home?
2021 has been a banner year for housing, fueled by record low interest rates, strong demand, and a low supply of homes. You may be wondering if you are late to the party, or if it’s still a good time to purchase. Experts expect demand to increase over the next several years as more millennials… Read More
Put Your Home Equity to Work for You
Just about all measures suggest that home values have appreciated by a great deal. Estimates are for gains of 20 to 30 percent in home equity. That’s a lot of wealth that could be used to consolidate debt. Proper use of debt consolidation could cut many years off the term of your mortgage, increase cash… Read More
Fed Taper, Inflation, and Rates
The Federal Reserve has been buying $120 billion worth of Mortgage Bonds and Treasuries each month in an effort to keep interest rates low. Lower rates often promote borrowing and stimulate the economy. These purchases have greatly influenced interest rates lower over the past year and a half. At their last meeting on November 3rd,… Read More
Understanding the Latest Data on Home Appreciation
Home values have been rapidly appreciating. And while appreciation is expected to continue, recent data suggests that the pace of appreciation may begin to slow. This is actually healthy for the markets, although you can count on the media to turn this into fear mongering. Let’s remember that positive appreciation means home values will continue… Read More
Making the Right Choice Between Buying and Renting
The real estate market has been very strong and because inventory levels are low, it may be more challenging to find a home to purchase. That has some people considering renting their next home instead of buying. There are a few factors to be considered before making that big decision. Some of the most respected… Read More
