US Housing News & Updates
  • “Short of a war or stock market crash…”
    by simplify on April 26, 2018 at 10:00 am

    This month, Arch Mortgage Insurance released their spring Housing and Mortgage Market Review. The report explained that an increase in mortgage rates and/or home prices would impact monthly payments this way: A 5% increase in home prices increases payments by roughly 5% A 1% rise in interest rates increases payments by roughly 13% or 14% […]

  • New Study Shows ‘Best States for Millennials’
    by simplify on April 25, 2018 at 10:00 am

    A new study by WalletHub used “30 key metrics, ranging from share of millennials to millennial unemployment rate to millennial voter-turnout rate” to find out which states are the ‘Best States for Millennials.’ The Top 5 Best States for Millennials are: Washington, D.C. (also ranks highest in percentage of millennials already living there!) North Dakota […]

  • Thinking of Selling Your Home? Why You Need A Pro in Your Corner
    by simplify on April 24, 2018 at 10:00 am

    With home prices on the rise and buyer demand strong, some sellers may be tempted to try and sell their homes on their own (FSBO) without using the services of a real estate professional. Real estate agents are trained and experienced in negotiation and, in most cases, the seller is not. Sellers must realize that […]

  • Buying a Home Is Cheaper Than Renting in the Majority of the US
    by simplify on April 23, 2018 at 10:00 am

    The results of the 2018 Rental Affordability Report from ATTOM show that buying a median-priced home is more affordable than renting a three-bedroom property in 54% of U.S. counties analyzed for the report. The updated numbers show that renting a three-bedroom property in the United States requires an average of 38.8% of income. The least affordable market for […]

  • Home Buying Myths Slayed [INFOGRAPHIC]
    by simplify on April 20, 2018 at 10:00 am

    Some Highlights: The average down payment for first-time homebuyers is only 6%! Despite mortgage interest rates being over 4%, rates are still below historic numbers. 88% of property managers raised their rents in the last 12 months! The credit score requirements for mortgage approval continue to fall. […]