It’s baaaaaaaaaaack…. With Bank of America recently announcing their loan option for lower-income households that requires no down payment, no closing costs, and doesn’t base the loan on a minimum FICO score, you might be wondering if this is 2008 all over again. Can we really be repeating these kinds of loans and promoting homeownershipContinue reading “The risks of zero-down loans in this market: Is this 2008 all over again?”
Tag Archives: sellers
AirBnb: Why Feeding this Beast is Probably Not a Good Idea in the Long Run
The short-term rental industry has been repeatedly accused of driving housing prices up by contributing to the housing shortage both in the U.S. and abroad. Some of the top travel destinations like Amsterdam, London, New York and Los Angeles gets the brunt of much of the criticism for the sheer size of their operations. InContinue reading “AirBnb: Why Feeding this Beast is Probably Not a Good Idea in the Long Run”
What is an adjustable rate mortgage (ARM)?
An adjustable-rate mortgage is a home loan when an interest rate adjusts over time based on the market. ARMs generally start with a lower interest rate than a fixed-rate mortgage, so an ARM is a great option if your goal is to get the lowest possible rate up front and don’t wish to live thereContinue reading “What is an adjustable rate mortgage (ARM)?”
Is an Open House a Good idea in this Market? 
So much has changed in the last 3 years when it comes to those tried and true real estate practices. With Covid, the open house has faced the most disruption. After all, a pandemic and inviting strangers into your home didn’t exactly mix well. But now that the pandemic is largely behind us, agents areContinue reading “Is an Open House a Good idea in this Market? ”
My Biggest Concerns for Sellers Right Now
It’s hardly a secret that sellers have had the run of things recently in the real estate market. Seemingly, sellers can sell without regard to the area, time of year or price point. What if I told you that was a bit of a myth? Sure, there are instances where people pay insane amounts andContinue reading “My Biggest Concerns for Sellers Right Now”
6 Reasons Sellers Are Forced to Move, Even When They Don’t Want To
I was recently asked what happens if people in the US just stop moving…like completely. Would that ever happen? This is a great question…is it possible that there would ever be an event which would make housing come to a total stop? Well, I would argue we just had a pretty good test with CovidContinue reading “6 Reasons Sellers Are Forced to Move, Even When They Don’t Want To”
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