Homeownership Cycle and Inventory
An interesting homeownership cycle begins with a starter home and progresses to larger and smaller homes throughout a person's lifetime. Within a few years after purchasing their initial home, they might move up to a little larger house. The ...Mortgage Forbearance
Some homeowners who could not afford to make their mortgage payments this past year have been relieved to find out that their mortgage servicer or lender allowed them to pause or possibly, reduce their payments for a limited period. While it ...Selecting the Right Agent in a Seller’s Market
Even in the current, low inventory housing market, sellers are resisting the urge to sell it themselves and still seeking the help of a real estate professional. It may be more important than ever and there is too much at stake to risk going ...A Sad Story Relived Over and Over
Ask any real estate agent and they will tell you a similar sad story. The seller, whose home just hit the market, received an offer which was less than the list price, but felt secure their home would sell quickly and countered for more. For ...Doing Nothing is Costing Something
It has been said that more money has been lost due to indecisions than ever was due to making the wrong decisions. Many times, the larger the decision, the more likely procrastination comes into play and doing nothing will cost something. Bu...Less to Own than to Rent
The question is "financially speaking, are you better off owning than renting in the long term?" Renting a home has advantages. It is usually a short-term commitment from year to year and the landlord is responsible for the repairs. Owning ...