Archive for the Home Buying Category

Americans More Confident Than Ever About the Housing Market

Americans feel increasingly positive about job security, household income,and the future of the housing market. New construction can bring much-needed relief to a tight housing market, but skilled laborers are hard to come by. As demand for new construction continues to pick up, builders are raising wages to attract qualified workers. Construction Job Openings and Wage Growth2 Job Openings in April3 Home Sales Fell Slightly in April Purchase Loans Climb to Highest Levels Since 20146 Are inventory shortages holding you back from buying a home? A renovation or new construction loan could help solve the problem. Contact us to discuss

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The Differences Between Real Estate Tax Values

money close up

  What’s a home really worth? It seems like a simple question. Unfortunately, like so many other seemingly simple real estate questions, the answer is…well, a little complicated. First let’s talk about worth, or value. And just to clarify, we’re not talking about emotional, sentimental or nostalgic value. We’re talking about cold, hard cash value. In other words, what a home would realistically fetch in the current market. That’s value. Still, a home’s value may vary depending on the type of value you’re talking about. When it comes to real estate, there are three main types of values: the tax

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Getting to Know the Millennial Homebuyer

Millennials* are officially the largest group of homebuyers in the U.S.Here’s what you need to know about them: Communication Preferences Today’s homebuyers value speed, convenience, and a mix of in-person and digital interactions. * Millennials are applicants born between 1980 and1999. Going, Going, Gone Purchases Continue to Dominate at 62% of All Closed Loans Up 5% from February Want to reach today’s millennial homebuyer? Let’s discuss how we can work together to give millennials the homebuying experience they want. Sources: [1] Ellie Mae® Millennial Tracker, March 2018. [2] Ellie Mae Borrower Insights Survey, 2018. [3] Great TEXTpectations: The Text Messaging Playbook

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