by MyInvestment | Apr 30, 2018 | Real Estate
Despite flat interest rates, mortgage refinances and purchase applications strengthened last week. Mortgage applications to purchase a home were 10 percent higher than a year ago, signaling that the spring market may be hitting its stride. Buyers have been sidelined...
by MyInvestment | Apr 27, 2018 | Real Estate, Real Estate Business
Eighty-three percent of people ages 22 to 35 with student debt who haven’t bought a house yet blame their educational loans. Owning a home, the most common way Americans build wealth can become a distant dream for many crushed by student debt. Student loan debt...
by MyInvestment | Apr 26, 2018 | Real Estate, Real Estate Investment
Here are 10 questions to ask as you determine your offer price on a house. What is the market value? In short, market value is what someone is willing to pay for a home. After looking at all the recent comparable sales and factoring in current market conditions, this...
by MyInvestment | Apr 25, 2018 | Real Estate
The median price of a home sold in March surged 8.9 percent compared to March of 2017, according to Redfin, a real estate brokerage. High prices are the result of very, very low inventory. The supply of homes for sale was down 11.9 percent in March, compared to a year...
by MyInvestment | Mar 31, 2018 | Real Estate
Existing home sales rebounded in February after two months of declines, according to the National Association of Realtors. Total existing home sales, which are completed transactions that include single-family homes, townhomes, condominiums, and co-ops, increased 3%...
by MyInvestment | Mar 30, 2018 | Real Estate
The former executive director of the St. Clair Housing Commission in Michigan was sentenced earlier this week to more than three years in prison after pleading guilty to stealing Department of Housing and Urban Development money that was supposed to be used to provide...