Lowest Mortgage Rates in History: What It Means for Homeowners and Buyers In July, the average 30-year fixed-rate mortgage fell below 3% for the first time in history.1 And while many Americans have rushed to take advantage of this unprecedented opportunity, others question the hype. Are today’s rates truly a bargain? While average mortgage rates have drifted between 4% and 5% in recent years, … [Read more...]
5 Steps to Finding Your Next Home
5 Steps to Finding Your Next Home. Whether you’re a first-time buyer or a seasoned homeowner, shopping for a new home can feel daunting. In fact, 56% of buyers said that “finding the right property” was the most difficult step in the home buying process.1 Buying a home is a significant commitment of both time and money. And a home purchase has the power to improve both your current quality of … [Read more...]
HOUSE CARE CALENDAR: A Seasonal Guide to Maintaining Your Home
From summer vacations to winter holidays, it seems each season offers the perfect excuse to put off our to-do list. But be careful, homeowners: neglecting your home’s maintenance could put your personal safety—and one of your largest financial investments—at serious risk. In no time at all, small problems can lead to extensive and expensive repairs. And even if you avoid a catastrophe, those … [Read more...]
Real Estate Market Phoenix AZ
The Real Estate Market Phoenix AZ Is good for sellers with low supply of homes for sale and low interest rates. It continues to be more expensive to rent than own a home. This situation is good for homeowners as they see their home values rise and investors who see both their equity and rental income increase. Average Sales Price up 4.3% to $295,800 and Median Prices up 6.6% to $245,000 year … [Read more...]
Why Real Estate Investing Makes (Dollars and) Sense
Why Real Estate Investing Makes (Dollars and) Sense INTRODUCTION Turn on the television or scroll through Facebook, and chances are you’ll see at least one advertisement for a group or “guru” who promises to teach you how to “get rich quick” through real estate investing. The truth is, much of what they’re selling are high-risk tactics that aren’t a good fit for the average investor. … [Read more...]
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