The real estate market is open 365 days a year – yes, even on holidays – but there are cyclical trends to the marketplace. Some of those ups and downs are based on mortgage interest rates and housing availability, but some are based on season. Next to spring, fall is the busiest season for home buying and selling. Autumn offers …
Where are millennials moving and buying their homes? The list of the most popular cities might surprise you or you might have had some idea that the city would make the list. It is all here for you to check out. these top cities are those that the millennials love and you might love them just as much. These cities …
Choosing a wardrobe for your bedroom isn’t as easy as picking out a bed or nightstands, since you need to consider more than just a style. Of course, the wardrobe you choose should complement the overall style of your bedroom, but you need to consider its size, type of design, and storage compartments, as well. Therefore, instead of just heading …
If one of your New Year’s resolutions is to purchase a new home, there are some steps you should take to make sure you are in the best state financially to make the purchase. First of all, it is important to put away savings to make the down payment. There are tools available, such as the NC Housing Agency, that …
If you are thinking of renovating your house, you may wonder if it really is the right time. After natural disasters are the most important time to update, but sometimes a house needs an update or expansion to keep it livable and comfortable. If you are not much of a fixer, you may want to consider a renovation company to …
Whether they go up or down, FHA loans will always be around. You don’t pay as much for FHA loans as you do for conventional loans. If lenders give too many loans to people with low credit scores, HUD might not let them write FHA-backed mortgages. Borrowers with credit scores under 620 are less likely to get a loan. Key …
Many experts predict that 2017 will be a good year for the housing market. Total housing sales have recently increased, while the number of foreclosures has decreased. Overall, the housing market is behaving normally, and we should expect the trends of the past few years to continue in 2017. The only possible disruption to these trends could come from uncertainty …
If you are thinking of buying a home, you may be lucky enough to have friends and family that are willing to contribute to your down payment. Where the money comes from makes a difference to the bank because they need to be sure it isn’t considered a loan that must be repaid. Gift money may require you to get …
FHA loans are well known for helping buyers obtain a very affordable house payment. Well FHA, one of the most popular loan programs, just became even cheaper because HUD lowered FHA PMI rates for the 2nd time in 2 years. The charts below compare the prior and now improved FHA PMI rates for varying down payment and loan amounts. FHA …
Recently, the smaller living spaces became a hit, so you can find on the market a true abundance of beautiful furniture, specially designed for small bathrooms. The truth is that even the smallest bathroom space can become one piece of paradise, as the only condition for this is good space planning and placement of suitable bathroom furniture. It seems easy, …