There comes a time in every young homeowner's life when they need a bigger house. When you buy a starter home, it's unlikely that will be your forever home. But how do you know when it's time to spend the time and effort to upgrade to a larger home? Here are four signs you're gonna need a bigger house! 1. You Have To Move Stuff To Get To Other Stuff In a house where there is enough room for everything, you can move freely and access all your things without having to rearrange furniture. If you … [Read more...]
Strategies For Buying And Selling A Home At The Same Time
If you're already a homeowner and you're getting ready to buy a new home, you know it's tricky to buy and sell a home at the same time. There are lots of questions about how to handle this scenario. What if your old home doesn't sell quickly? Will you have to make two mortgage payments? What if you sell and the new owners want to move in before you close on your new home? Depending on your situation, here are some strategies available to you. Get A Bridge Loan If you find yourself facing more … [Read more...]
What is the Multifamily Market in 2019 Looking Like?
A growing supply of housing, volatility in the marketplace and risks in the development process all affected the multifamily market in 2018. In 2019, these three factors will continue to move the needle. The Housing Supply Markets like Boston, Seattle and Nashville are growing supply faster than demand. From 2015 to 2017, developers were building like crazy and landlords were enjoying rent increases of 5-7% year over year. They built too much, and the peak has showed itself. Only top markets … [Read more...]
What’s Ahead For Mortgage Rates This Week – January 7th, 2019
Last week's economic reports included Labor Department readings on private and public sector jobs, the national unemployment rate. Weekly readings on mortgage rates and first-time jobless claims were also released. Monthly reporting on construction spending was delayed due to the government shutdown. Public and Private-Sector Jobs Growth Exceeds Expectations ADP reported 271private sector jobs added in December as compared to 157,000 jobs added in November. Analysts expected 182,000 jobs added … [Read more...]
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