REALTORS® aren’t just agents. They’re professional members of the National Association of REALTORS® and subscribe to its strict code of ethics. This is the REALTOR® difference for home buyers:more»
Home values have been increasing for 93 consecutive months, according to the National Association of Realtors. If you’re a homeowner, particularly one looking to downsize your living space, that’s great news, as you’ve likely built significant equity in your home.
Here’s some more good news: mortgage rates are expected to remain low throughout 2020 at an average of 3.8% for a 30-year fixed-rate loan.
The combination of leveraging your growing equity and capitalizing on low rates could make a big difference in your housing plans this year.more»
According to an Urban Institute study, homeowners who purchase a house before age 35 are better prepared for retirement at age 60.
The good news is, our younger generations are strong believers in homeownership.
According to a Freddie Mac survey,
“The dream of homeownership is alive and well within “Generation Z,” the demographic cohort following Millennials. Our survey…finds that Gen Z views homeownership as an important goal. They estimate that they will attain this goal by the time they turn 30 years old, three years younger than the current median homebuying age (33).”
Sinkhole collapse is one of the most prevalent maintenance issues in our karst region. These collapses have the potential to be very detrimental to our subsurface streams. The effects of a collapse can obstruct and alter subsurface flow which our developments depend on for managing excess stormwater runoff created by added impervious surfaces. Because management of stormwater is an essential component of flood prevention, it is very important to protect and maintain our subsurface stream network and associated infrastructure.more»
An important step to finding a home, whether you’re renting or buying, is ensuring that you have a good credit history. The American Bankers Association suggests the following tips to improve your credit score:
Home ownership is still the best option in the market areas of Owensboro, Bowling Green, Huntingburg, Evansville, Newburgh, and Louisville . Affordability constraints have emerged as one of the biggest challenges to the continued housing recovery since the 2008 crash. However, based on the breakeven rate, it will be a long time before renting becomes the more sensible and attractive option.more»
Today, 44 million Americans have student loan debt. So, it’s no surprise that student debt may be what’s keeping your client from their dreams of owning a home.
But there’s good news—Fannie Mae recently implemented new policies that may help more potential buyers qualify for a mortgage loan.more»