Housing Market
Housing Bubble?
Speculation is a fool’s game — and so let’s turn to the Motley Fool for some exciting debate! Housing prices have been in recovery for a while, and as this blog pointed out recently, are now officially higher than the previous high of 8 years ago. But just because we’ve reached a new high, doesn’t…
Read MoreHousing Bubble?
Speculation is a fool’s game — and so let’s turn to the Motley Fool for some exciting debate! Housing prices have been in recovery for a while, and as this blog pointed out recently, are now officially higher than the previous high of 8 years ago. But just because we’ve reached a new high, doesn’t…
Read MorePay Off Your Mortgage Early: When To, And When Not To
It seems like a no-brainer. “Why pay $20,000 in interest to get $6,600 back from the IRS?” Paying off your mortgage early, either in a lump sum, or through regular, extra payments can be a smart choice for many people. However, it’s not always the case. You need to consider how long you’ll be in…
Read MoreA Millennial on Millennial Home Buying
This blog has covered the status of home-buying by the Millennial generation several times now; but, all those times have been based on articles written in financial publications, and have largely been positive. If the title doesn’t give it away (Millennials can’t afford to buy houses, even though the U.S. really needs them to), this…
Read MoreUnderstanding WHY Greece and China Are Affecting U.S. Mortgage Rates?
Just last week mortgage rates were at a high for the year, but there’s been lots of news this week out of China, Greece, and even the halting of trading on the NYSE, which have caused rates to drop. What most of the articles fail to cover is the actual reason that those things have…
Read MoreGreece Is Still Impacting You!
Lest you thought last week’s blog about the futility of timing markets in the face of continued globalization was a one-off, rest assured, it wasn’t. With the Greek “no” vote last week, and on-going efforts to maintain Greece as part of the Euro Zone being announced every day, there’s every reason to believe that news…
Read MoreRules Relaxed: Fannie and Freddie CEOs Get Raises to $4 million
Did you get a raise this year? If so, was it to $4 million? OK, perhaps that’s not really a reasonable question, as perhaps you’re not the CEO of a major corporation. Still, Fannie Mae and Freddie Mac CEOs just got raises to approximately $4 million per year each. Previously (since 2012), their pay had…
Read MoreFun with Home Prices (Or, What’s A President’s House Worth?)
Let’s be honest, there aren’t too many “fun” stories that come out about homes or the housing market, but, heading into the holiday weekend, Money magazine came out with a great one! They grabbed some information on 8 former presidential residences, from Washington’s Mount Vernon to the Eisenhower home (just like Dwight, not to have…
Read MoreHave A Happy and SAFE Independence Day!
Many of you have already slipped away from town, tucking on a few extra days to the weekend. But whether you’re one of those lucky ones, or are working today and just planning to hang out in the back yard with friends tomorrow, we wish you a very happy and very safe Independence Day. And…
Read MoreWhy Summer Is The Best Time to Sell Your Home
Sometimes, you don’t have a lot of choice about when you sell your home. Maybe you’re relocating for work, and it has to be sold right now! And this blog has covered several times recently the fact that you shouldn’t try and time the market. But, if you have the luxury of choosing when to…
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