General Information Archives - Page 89 of 94

What Credit Score Do You Need To Buy A House?

March 19, 2019 - General Information

There are many misconceptions about the credit score needed to buy a house. Recently, it was reported that 24% of renters believe they need a 780-800 credit score to be considered for a mortgage. The reality is they are misinformed! [...] Read More

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Monica Foster March 19, 2019

Want To Increase Your Family’s Wealth? Here’s How!

March 18, 2019 - General Information

Everyone should realize that unless you are living somewhere rent-free, you are paying a mortgage – either yours or your landlord’s. Buying your own home provides you with a form of ‘forced savings’ that allows you to use your monthly housing costs to increase [...] Read More

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Monica Foster March 18, 2019

Don’t Let Your Luck Run Out! Buy A Home This Spring

March 15, 2019 - General Information

Some Highlights: Interest Rates for a 30-year fixed rate mortgage have dropped to 4.41% from near 5% in 2018. Take advantage of more inventory coming to market in the spring to find your dream home! Buying now will allow you [...] Read More

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Monica Foster March 15, 2019

Homeownership is a Cornerstone of the American Dream

March 14, 2019 - General Information

“The rumors of my death are greatly exaggerated.” The famous quote attributed to Mark Twain can apply to homeownership in the United States today. During the housing bubble of the last decade, the homeownership rate soared to over sixty-nine percent. [...] Read More

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Monica Foster March 14, 2019

7 Things To Avoid After Applying for a Mortgage!

March 13, 2019 - General Information

Congratulations! You’ve found a home to buy and have applied for a mortgage! You are undoubtedly excited about the opportunity to decorate your new home! But before you make any big purchases, move any money around, or make any big-time [...] Read More

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Monica Foster March 13, 2019

What’s Going On with Bidding Wars?

March 12, 2019 - General Information

In a strong seller’s market, like the one we have experienced over the past few years, bidding wars are common and expected. This makes sense! A seller’s market is defined as a market in which the inventory of homes for [...] Read More

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Monica Foster March 12, 2019

4 Reasons to Buy a Home in the Spring

March 11, 2019 - General Information

Spring has sprung, and it’s a great time to buy a home! Here are four reasons to consider buying today instead of waiting. 1. Prices Will Continue to Rise CoreLogic’s latest U.S. Home Price Insights reports that home prices have [...] Read More

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Monica Foster March 11, 2019

Preparing to Spring Forward

March 8, 2019 - General Information

Some Highlights: In the majority of the country, this weekend marks the start of Daylight Savings Time as we set our clocks forward an hour on Sunday at 2:00 AM EST. Whether you plan on buying or selling this spring, [...] Read More

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Monica Foster March 8, 2019

Why an Economic Slowdown Will NOT Crush Real Estate this Time

March 7, 2019 - General Information

Last week, the National Association for Business Economics released their February 2019 Economic Policy Survey. The survey revealed that a majority of the panel believe an economic slowdown is in the near future: “While only 10% of panelists expect a [...] Read More

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Monica Foster March 7, 2019

2 Reports That Say Now Is a Great Time to Sell

March 6, 2019 - General Information

Heading into the spring buying market, there are strong trends starting to emerge. The inventory of homes for sale has increased on a year-over-year basis for eight months in a row. Home price appreciation has continued to grow, although at [...] Read More

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Monica Foster March 6, 2019

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