Blog

    • New Study Shows ‘Best States for Millennials’

      A new study by WalletHub used “30 key metrics, ranging from share of millennials to millennial unemployment rate to millennial voter-turnout rate” to find out which states are the ‘Best States for Millennials.’ The Top 5 Best States for Millennials are: Washington, D.C. (also ranks highest in percentage of millennials already living there!) North Dakota […]
      Written by Denise Zervos
    • Thinking of Selling Your Home? Why You Need A Pro in Your Corner

      With home prices on the rise and buyer demand strong, some sellers may be tempted to try and sell their homes on their own (FSBO) without using the services of a real estate professional. Real estate agents are trained and experienced in negotiation and, in most cases, the seller is not. Sellers must realize that […]
      Written by Denise Zervos
    • Buying a Home Is Cheaper Than Renting in the Majority of the US

      The results of the 2018 Rental Affordability Report from ATTOM show that buying a median-priced home is more affordable than renting a three-bedroom property in 54% of U.S. counties analyzed for the report. The updated numbers show that renting a three-bedroom property in the United States requires an average of 38.8% of income. The least affordable market for […]
      Written by Denise Zervos
    • Home Buying Myths Slayed [INFOGRAPHIC]

      Some Highlights: The average down payment for first-time homebuyers is only 6%! Despite mortgage interest rates being over 4%, rates are still below historic numbers. 88% of property managers raised their rents in the last 12 months! The credit scor...
      Written by Denise Zervos
    • Is Family Mortgage Debt Out of Control?

      Some homeowners have recently done a “cash out” refinance and have taken a portion of their increased equity from their house. Others have sold their homes and purchased more expensive homes with larger mortgages. At the same time, first-time buyers have become homeowners and now have mortgage payments for the first time. These developments have […]
      Written by Denise Zervos
    • How Much Do You Need to Make to Buy a Home in Your State?

      It’s no mystery that cost of living varies drastically depending on where you live, so a new study by GOBankingRates set out to find out what minimum salary you would need to make in order to buy a median-priced home in each of the 50 states, and Washington, D.C. States in the Midwest came out […]
      Written by Denise Zervos
    • Rising Prices Help You Build Your Family’s Wealth

      Over the next five years, home prices are expected to appreciate, on average, by 3.6% per year and to grow by 18.2% cumulatively, according to Pulsenomics’ most recent Home Price Expectation Survey. So, what does this mean for homeowners and their equity position? As an example, let’s assume a young couple purchased and closed on a $250,000 home this […]
      Written by Denise Zervos
    • Getting Pre-Approved Should Always Be Your First Step

      In many markets across the country, the number of buyers searching for their dream homes greatly outnumbers the number of homes for sale. This has led to a competitive marketplace where buyers often need to stand out. One way to show you are serious about buying your dream home is to get pre-qualified or pre-approved for a […]
      Written by Denise Zervos
    • A Tale of Two Markets [INFOGRAPHIC]

      Some Highlights:

      • A trend that has been emerging for some time now is the contrast between inventory & demand in the Premium & Luxury Markets vs. the Starter & Trade-Up Home Markets and what that’s, in turn, doing to prices!
      • Inventory continues to rise in the luxury & premium home markets which is causing prices to cool.
      • Demand continues to rise with low inventory in the starter & trade-up home markets, causing prices to rise!
      Written by Denise Zervos