Author Archives: Cliff

Why Home Buyers Are Cautious About Housing

While home buyers confidence in the economy is growing, they remain hesitant about the housing market, according to Fannie Mae’s December 2014 National Housing Survey of 1,000 respondents.                                    One piece of good news is that more potential home buyers believe … Continue reading

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Challenges Facing The Real Estate Market 2015

Industry analysts and economists largely believe the real estate market will gain traction this year , but they acknowledge several challenges that pose a potential derailment to the ongoing recovery. CNNMoney recently highlighted several of those challenges: Investors exit the market: Institutional … Continue reading

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Your New Year’s Resolution: Save For A Home

For many Americans, the jump into the new year marks an important step forward toward achieving a New Year’s resolution, and saving for a down payment to buy a home may be among them. But that goal can take some … Continue reading

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Resolutions For Home Buyers 2015

Potential home buyers who have put getting into the housing market at the top of their to-do list next year may not realize how many steps it takes to make it to the finish line. As a real estate pro, … Continue reading

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Loan Demand Picked Up Before the Holidays

Loan demand picked up before the holidays. Mortgage applications were on the rise last week after posting several weeks of declines. Applications for home purchases, viewed as a leading gauge of future home buying activity, increased by 1.3 percent in … Continue reading

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Will the Housing Market be Steadier in 2015?

Will the housing market be steadier in 2015 ? After all, the housing market this year has been on a roller coaster. According to the National Association of REALTORS®, existing-home sales are expected to fall short of 2013’s total, and … Continue reading

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Rents Jump to Highest Point in 6 Years

Warn your renting prospects: Landlords are quickly raising their rents as the national vacancy rate dips to the lowest level in two decades. Rents are rising at the fastest pace in six years, according to newly released data from the … Continue reading

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Mortgage Debt Forgiveness Approved By Senate

The Senate approved an extension of the Mortgage Debt Forgiveness Act by a wide margin this week, bringing home owners who did a short sale this year one step closer to tax relief. The bill, which passed the House of … Continue reading

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Ways To Reduce Closing Costs

Closing costs can add a lot to home buyers’ final price, particularly depending on which lender a buyer uses, what state they live in, the price of the home, and sometimes even the day of the month the closing occurs, … Continue reading

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Americans Are Net Worth 40% Poorer Today

The net worth of American families has plunged 40 percent since 2007, right before the financial crisis struck, dipping to an average of $81,400 per household, according to a new report from the Pew Research Center. That’s down from $135,700 … Continue reading

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