Summer is Home Renovation Season!

We know that investing in a home can be extremely worthwhile. Let’s make sure these diligent homeowners know all the options available to them that utilize both new and existing sources of financing.

Summertime is not only the ideal period for homebuying, but for home renovating as well! We typically tend to have more free time to carry out the smaller projects we’ve been putting off all year long, along with an abundance of help in the forms of relatives, friends, neighbors and older children who can assist […]

Study: Homeownership Becomes Appealing to More and More Renters

Quite the leap of faith, given rising interest rates, which confirms what I’ve said all along: there will always be blips in the real estate and economic cycles that cause the industry to temporarily dip, but solid fundamentals, high-quality products and an unbeatable work ethic will always prevail. Trust me, I’ve been in the mortgage industry long enough to know this is true.

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Owning a home may have the edge over renting for many, according to a new report by TransUnion. The analysis found that 55 percent of people who shopped for a mortgage during the first quarter of the year were non-homeowners. Translation? Unless they were living rent-free with their parents or couch-surfing with their friends, this […]

Home Flipping Loan Volume Hits Nine-Year High in 2017!

Home flippers financed about $3.5 billion in home purchases during the first quarter of 2017. This is up from $3.3 billion in the previous quarter and up from $2.4 billion a year ago, settling at the highest level we’ve seen since the fourth quarter of 2007.

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The latest home flipping loan data is in, and the numbers are promising! One-third of all single-family homes and condos flipped in the first quarter of this year were purchased with financing, according to ATTOM Data Solutions’ U.S. Home Flipping Report. This is up from 31.9 percent who utilized financing in the last quarter of […]

HSH: 60 of the Top 100 Metros High New Home Price Highs

Whether your market is in the top 10, lower 10 or somewhere in between, there are investments of all shapes and sizes to be had for the buyer.

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HSH.com recently released its Home Price Recovery Index, which uses the Federal Housing Finance Agency’s (FHFA) Home Price Index to track which housing markets have recovered the most since the Great Recession. I was floored to see how many metros have not just recovered, are not just flourishing, but are absolutely killing it in terms […]