The State of Housing Confidence in 2018

The State of Housing Confidence in 2018

Real Estate
September 12, 2018 • 10 min read by Taylor White   Owning a home was once a time-honored life milestone. Buying real estate was simply what you did as an adult in America, and for many people home ownership was the ultimate indicator of life success and social status. But, times have changed. Today, less people are buying houses. According to Fannie Mae, a mere 24 percent of Americans feel like now is a good time to buy a house. Looking back to 2013, when 54 percent of consumers were confident in the housing market, it feels like a lot has changed in a small amount of time. It’s clear that the certainty of prospective homeowner is waning. Find a Home Loan That's Right for You Find Great Rates From…
Read More
Is a Fixer-Upper Home Worth the Investment?

Is a Fixer-Upper Home Worth the Investment?

Real Estate
September 24, 2018 • 12 min read by McCall Robison 0 Comments Buying fixer-upper homes is currently a popular investment in the housing market, especially since lower-priced houses increase housing confidence in home buyers. On the one hand, it is a great way to purchase a home below market value and sell it for more than you paid. On the other hand, it often seems to be more work than people anticipate, and sometimes the final product doesn’t end up being worth as much time, effort, and money as people put into it. So, is a fixer-upper home worth it? The answer depends on a variety of factors and your current situation. Thankfully, we have a list of pros and cons as well as tips and recommendations if you’re trying…
Read More
Is the Mortgage Market Reaching a Tech Tipping Point?

Is the Mortgage Market Reaching a Tech Tipping Point?

Real Estate
September 28, 2018 • 6 min read by David Lord   In 2008, the worst financial crisis since the Great Depression hit the world with shocking and reverberating consequences. People lost their homes, their hard earned savings, and many were left with nothing to their names. Though it probably feels like that was yesterday to many of us, that was almost exactly ten years ago. The impact of the 2008 recession is still being felt by millions of people, and though trends in the economy appear to be looking up, apprehension to return to business as usual abounds. How the financial crisis impacted the mortgage market While the 2008 recession was a result of a combination of factors, years of irresponsible mortgage lending practices in America were a key player.…
Read More
The U.S. is About to Add Even More Cities with a Median Home Value of $1 Million

The U.S. is About to Add Even More Cities with a Median Home Value of $1 Million

Real Estate
September 20, 2018 • 6 min read by James Conners   A recent Zillow report found that the average home costs around $1 million in 197 different cities. In 2018 alone, 23 cities have been added to the millionaire’s club. This reflects an ongoing trend in the U.S: homes are simply getting more expensive. Unsurprisingly, most of these million dollar homes reside in wealthy suburbs of popular cities. However, there are a few outliers that indicate home value growth is becoming a universal trend. Joining the list this year are cities like Sullivan’s Island, South Carolina, Biltmore Forest, North Carolina, and Anna Maria, Florida. The numbers keep climbing. Estimates show that the number of cities in which half of homes are valued over $1 million will reach an all-time high over the next year.…
Read More