Consumer Confidence We are entering this year with high consumer confidence. We are seeing good momentum and positive fundamentals in the market with low interest rates and high housing affordability. Please CLICK HERE to see the market momentum indicators of today versus the past several years. This is all very good news for the housing market … Continue reading Consumer Confidence Up
Month: February 2013
QRM: Buyers and Sellers Benefit More by Acting Now Rather than Later
QRM: Buyers and Sellers Benefit More by Acting Now Rather than Later Our best advice to our clients (BOTH Buyers and Sellers) is to act now ahead of the implementation of the Qualified Residential Mortgage rules being issued later this year. Further explanation of these rules follows, but you must be aware of the potential impact this: Buyers will … Continue reading QRM: Buyers and Sellers Benefit More by Acting Now Rather than Later
Weighing COST over PRICE is Significant
Weighing COST over PRICE is Significant We have often advised buyers to look at the COST of purchasing a house more than the PRICE of the home. Price is only part of the cost equation. The other piece, assuming you are not an all cash buyer, is the mortgage rate. The mortgage rate to finance … Continue reading Weighing COST over PRICE is Significant
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