Archive for Realestatenews

PMI is Good for First-Time Buyers and Housing Finance System

Homeownership remains at the core of the American Dream. After all, it improves financial security, enhances family and community stability, and builds intergenerational wealth. The Federal Reserve’s 2019 Survey of Consumer Finances found that the median net worth of …

6 Reasons to Buy a Home Video

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4 Real Reasons We Buy A Home

We often talk about why it makes financial sense to buy a home, but more often than not, the emotional reasons are the more powerful ones.

The idea and feeling of a home can mean different things to different people. …

Lowest Rates in Months After Inflation Data

By: Matthew Graham

December 13, 2022

There aren’t many scheduled economic reports that are as hotly anticipated as was today’s Consumer Price Index (CPI).  The market’s reaction more than validated the anticipation.  What does all this mean for rates?

Inflation …

Is it a Bad Time to Buy a Home?

Is now a good time to buy?

It can’t be both a great time to sell and an awesome time to buy at the same time. It is a tough time to buy, but things are getting better.Buying a home as an investment in your future

Mortgage rates …

Low Interest Rates Create Bubbles

The economics profession has long had a vigorous academic argument over “natural” interest rates. What would rates be if we could somehow remove all the

subjective actors—central banks, commercial lenders, government agencies—that conspire to set them? What would nature do …

“Marry the House, Date the Rate!”

I read this today and I am adopting as my new slogan!

The press seems consumed with the idea of a recession in 2023 or 2024… which would mean:Marry the House, Date the Rate

  1. We’ll hear about it for another year or two, and this

What did 2021 tell us about buying a home?

If I was to look back at 2021 and come up with what gave most prospective homeowners the edge they need to close a deal on a home I would give you these ideas.

  1. Competitive Offers Close Deals

Just like …

Why The “Good Enough” Home May Be The Right Choice

How about not buying the perfect home but finding one that is “good enough”?  Buying the right home that doesn’t break your budget can help lay a solid financial foundation.  It is better to see buyers purchase a home …

How Does Housing Play a Part in Generational Wealth?

racial diversity in homeownershipDespite gains made after the signing of the Fair Housing Act in 1968, currently 71 percent of Asian Americans, 54 percent of Hispanic Americans, and 63 percent of White Americans can afford to buy the typical home compared to only …