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Mortgage demand from homebuyers now up 25% from a year ago

After a brief lull, mortgage demand surged ahead yet again even with the highest interest rates in several weeks. Mortgage applications to purchase a home rose just 3% for the week but were 25% higher from a year ago. After a brief lull to start the m...

Do You Really Need A Real Estate Agent To Sell Your Home Right Now?

Andrew Fortune is the owner and managing broker of  Great Colorado Homes , a digital real estate brokerage in Colorado Springs, CO. Right now, many real estate markets around the country are experiencing a lack of inventory. In some cases, the supply ...

How to avoid common and costly home renovation mistakes

The key lies in good planning and financial strategizing This article is reprinted by permission from NerdWallet . Many of us are spending more time at home in 2020, which could mean having more time to take on home improvement projects. But home reno...

U.S. Existing-Home Sales Continued to Climb in August

Sales of previously owned homes rose in August for the third consecutive month of sales increases, the National Association of Realtors said Tuesday, a sign that prospective home buyers remain motivated to buy despite the pandemic. Sales  increased 2....

Fall Maintenance For Commercial Properties

Fall Maintenance for Commercial Properties   With the changing of the leaves and the start of football means it is officially fall. As a result, it is time for property managers to begin thinking about annual fall maintenance. While every property is ...

Do I Need to Put 20% Down on a Home?

Despite the range of down payment options, many people remain confused about how much money you are required to put down. This could leave you overestimating the upfront costs of homeownership. If you believe the myth that you need to make a down paym...

Making an Offer? Here’s How to Win in a Bidding War

As inventories continue to shrink and mortgage rates continuously hit record-lows, if you’re thinking of buying a home, the offer needs to stand out. If you find yourself in a bidding war, here’s how you can win amongst other buyers. Many homebuyers i...

Home equity surges as demand soars and mortgage rates hover near lows

Home equity for homeowners with a mortgage rose 6.6% annually in the second quarter, according to CoreLogic. Collectively, that adds up to a gain of $620 billion, or $9,800 per home. The total supply of homes for sale was just over 29% lower annually ...

4 Foolproof Ways to Come Out on Top in a 2020 Bidding War

It’s no secret that the current real estate market is tilted in favor of sellers. There’s not enough inventory on the market to keep up with demand, resulting in multiple buyers putting offers in on a single home. This is great for sellers, who are re...

4 Special Loans That Allow You to Put Less Than 10 Percent Down on a House

Saving for a 20 percent down payment is synonymous with buying a home. It’s the traditional first step to take once you’ve decided to apply for a mortgage at some point in the future.  It’s also a completely antiquated concept for most buyers. With th...