Real Estate News 10/15/18
Rents for U.S. single-family rental properties increased 3 percent year-over-year in July, up from a 2.7 percent pace a year ago, reported CoreLogic, Irvine, Calif. CoreLogic Principal Economist Molly Boesel said low rental home inventory relative to demand is fueling...
Is A Reverse Mortgage Better Than A Traditional Mortgage?
Reverse mortgage versus a traditional mortgage --is one better than the other? The answer is that it depends on the situation. They have many similarities, but there are a few key differences that make reverse mortgages a better choice than a traditional mortgage. Or vice versa.
Real Estate News 10/08/18
Baby Boomers are not ready to let go. The approximately 70 million Americans between 54 and 73 years old are not downsizing into smaller homes—even though Boomers living in empty nests have an average of two extra bedrooms. In 2005, more senior households were moving into...
What To Expect The Day Your Home Loan Closes
“What happens on closing day and after?” That’s a question we get asked often.
On closing day, you’ll sign documents to finalize the transaction and release the funds from your home loan. You’ll also receive digital or paper copies of all the signed...
Real Estate News 10/01/18
By 2020 the US housing market will favor buyers but until then sellers will remain dominant according to an analysis by Zillow. Its quarterly Home Price Expectations Survey was conducted by Pulsenomics and asked more than 100 real estate economists and experts for their...