Everybody is asking “Does recession loom?” I’ve been many times over the last year, “Is now a good time to invest in real estate with all this talk of recession and housing downturn? Not to mention the market crashing and the real estate bubble busting!” With everything happening in the world right now, from trade … Continued
Mortgage Rates Affect you as the buyer and borrower of any house. Right now mortgage rates are low for the well qualified borrower. The rates continue to be low. Let’s take a look at mortgage rates of the past. Historical Mortgage Rates Over the past 48 years, interest rates on the 30-year fixed-rate mortgage have … Continued
House Flipping is Strong in Today’s Real Estate Market After reading an article published by Housing Wire, and written by Jessica Guerin, I want to share with you the statistics show that house flipping is strong again. The number of homes flipped in America is approaching its high of 2006, just before the crash. The … Continued
According to a new Nerd Wallet report, homeowners in all fifty states pay from 33% to 93% more for housing each month than renters living in the same state. Nationwide, the monthly median cost of homeownership is 54% more than the median cost to rent. In Oregon, the cost of homeownership is 63% higher than … Continued
“America is experiencing a housing shortage. Not only are there fewer homes available to buyers of all income levels, those just starting out or making their first foray into home ownership are worse off than they’ve been in years. There are fewer homes available, and even if they can find a home, it’s likely to … Continued
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