Month: April 2018

  • Is Family Mortgage Debt Out of Control?

    Good News: Family Mortgage Debt is Not Out of Control! Some homeowners have recently done a “cash out” refinance. They have taken a portion of their increased equity from their house. Others have sold their homes. They have purchased more expensive homes with larger mortgages. At the same time, first-time buyers have become homeowners. They…

  • 99% of Experts Agree: Home Prices Will Increase

    The clear majority of recently surveyed housing experts believe that home values will continue to increase this year. Few believe that the new tax code and rising mortgage rates will have a negative impact on home prices in 2018. What is the Home Price Expectation Survey? Each quarter, Pulsenomics surveys a nationwide panel. It includes economists, real estate experts and…

  • The COST of Your Home Will Be LESS Than Your Parents’ Home Was

    There is no doubt that the price of a home in most regions of the country is greater now than at any time in history. However, when we look at the cost of a home, it is cheaper to own today than it has been historically. The Difference Between PRICE and COST The price of a home is the dollar…

  • Minimum Salary You Need to Make to Buy a Home in Your State

    It’s no mystery that cost of living is drastically different depending on where you live. So is the minimum salary you need to buy a home.   So, a new study by GOBankingRates set out to find out what minimum salary you would need to make to buy a median-priced home in each of the 50 states, and Washington,…

  • Most Qualify for Financing in 2-3 Years After Bankruptcy

    According to a new study from Lending Tree. Americans who have filed for bankruptcy may be able to rebuild credit faster. They may qualify for a home loan in as little as 2-3 years. This is in stark contrast to the belief that many have that they need to wait 7-10 years.  But, people find their bankruptcies clear…

  • Danbury: Best Small Connecticut City Location for Business Startup

    Recall that old adage, location, location, location? Danbury, Connnecticut, in Fairfield County, tops the list of best small city location to start a business. According to website, Connecticut By The Numbers, in a survey of 1,269 cities, Danbury ranked 170 in the nation. It was the sole Connecticut city to earn a slot among the nation’s…

  • US Housing Market Still in ‘Buy Territory’!

    According to the Beracha, Hardin & Johnson Buy vs. Rent (BH&J) Index. The U.S. housing market has continued to move deeper into buy territory This supports the belief that housing markets across the country remain a sound investment. The BH&J Index is a quarterly report that attempts to answer the question: In today’s housing market, is it…

  • NOT Owning Your Home Can Cost You a Lot of Money!

    Owning a home has great financial benefits, yet many continue to rent! A home of your own has been a part of the American Dream for as long as America has existed. Let’s look at the financial reasons for owning a home.  Realtor.com recently reported the following. “Buying remains the more attractive option in the long term.…

  • DYI Staging Fixes for Interior Design Mistakes

    An interior design professional will suggest design fixes by looking at several areas in your interior with a keen and quick eye. They will look at your interior to identify an easy flow from one space to another, well-designed focal points, clean surfaces, and good light. These are key areas that can help your home…