Renting Really Is Twice As Expensive As Buying
The stats are really quite simple. On average, homebuyers with median income who purchase the typical home spend 15.3% of their income on their monthly house payment. In contrast, renters spend 29.9% of their monthly income on rent. (Data source: Zillow, 12/9/14 article.) Those are pretty impressive numbers, or make that ‘distressing’ if you’re renting. […]
5 Reasons Why It Makes Sense to Buy a Home Now
Many of the critical factors for a recovery in housing prices are in place. The drop in housing prices, coupled with the current low mortgage interest rates has brought affordability back into alignment with historical ranges in most markets. Unemployment levels appear to have bottomed out, and a growing number of real estate economic indicators […]
Is it possible to obtain home financing after short sale or a foreclosure?
As Realtors, one of the first things we do is make sure the buyer in our car has the ‘ability’ to buy: either they have cash funds to purchase, or they need financing. Buyers who’ve had a short sale or a foreclosure often think it’s the end of the road for them…. that due to their impaired […]
Selling your home? Read this!
We just had to re-post this fantastic article, written by Tara-Nicholle Nelson from ReadersDigest.com. 13 Tips for Selling Your Home By Tara-Nicholle Nelson from ReadersDigest.com We’ve all heard about how “bad” the real estate market is. But what’s bad for sellers can be good for buyers, and these days, savvy buyers are out in spades […]
What is going on with our market?
We’d like to share this article that was posted in Las Vegas Review Journal. This is a more positive outlook on the current state of the Las Vegas housing market. BY HUBBLE SMITH LAS VEGAS REVIEW-JOURNAL Posted: Jun. 8, 2011 | 10:08 a.m. The number of homes sold in Las Vegas and their median price […]
Wondering what to do with your sunny summer Saturdays?
Hello all, While summertime offers us a great opportunity to make the most of our Hot hot hot sunny Saturdays, you might find yourself with some extra free time. What to do? Why not take a little time each weekend to give your beautiful new or older home a little extra care? One of the […]