Some people love living in condos, while others swear by detached homes. When it comes to deciding between the two, however, you can't always rely on someone else's word. Sometimes it's as simple as understanding and assessing your lifestyle to make the best choice, since condo living and home ownership are two radically different experiences, and thereby serve two very different types of lifestyles and personalities. Here are a few considerations if you're trying to decide whether you should … [Read more...]
Flaws You Cannot Hide By Staging Your Home
When you sell your home, you want it look as good as possible. To do this, your real estate agent will help you stage your home or, if needed, help you find a professional to stage your home. This means de-cluttering your home, re-arranging furniture, and de-personalizing each room. A staged home is more appealing to buyers and helps to highlight your home's positive features. However, staging is not meant to cover major flaws in your home. Some things just have to be repaired. Roof Problems It … [Read more...]
What’s Ahead For Mortgage Rates This Week – January 18, 2022
Last week’s scheduled economic reporting focused on inflation with monthly and year-over-year readings on overall and core inflation. Federal Reserve Chair Jerome Powell was confirmed for a second term as Federal Reserve chair. The University of Michigan released its monthly survey on consumer sentiment and weekly readings on mortgage rates and jobless claims were also released. Inflation Rises in December; Nears Fastest Growth Pace in 40 Years Year-over-year inflation rose to a pace … [Read more...]
The Younger Generations Are Interested In Owning A Home
The real estate market has been red hot this year, with many people looking to purchase a home because of record-low interest rates. This includes younger individuals, as younger generations are interested in owning a house for the first time. The past couple of years have been anything except normal, and the housing market has taken off, with demand far exceeding supply. Why is this taking place? Record Low-Interest Rates Are Driving People Into the Market Even though there are many reasons why … [Read more...]
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