The latest Georgia and Florida mortgage tips, news, and information, including a few secrets and how-to guides we’ve learned after closing more than 4,000+ home loans over the past 15 years.
As we close out a very crazy year in the real estate industry, we wanted to give you a quick overview of what has transpired and some of the reasons behind it. From there, we will transition to some insights into what we see in our crystal ball for the next 6 to 12 months. …
Selling your home over the past two years didn’t require much thought or effort. The minute you listed your home, you would typically have 10-20 offers, many of them above your list price. Things have finally started slowing down. With prices skyrocketing over the past two years and interest rates finally making a move higher, …
3 Critical Tips If You Plan On Selling Your Home Soon Read More »
Credit Score Improvements The CFPB (Consumer Financial Protection Bureau) shared a concern to the credit industry regarding medical debt and consumers. The director of the CFPB stated that 58% of the debt and collections on people’s credit reports is medical debt. As a result, the credit bureaus have agreed to alter the data reported on …
New Credit Score Improvements & Home Renovations Read More »
You can’t pick up any article or watch anything on TV related to the economy today, without hearing the word recession. The National Bureau of Economic Research determines when a recession starts and ends. Typically, they define this as two consecutive quarters of negative gross domestic product (GDP). But there are other factors involved including …
Recession Coming? What Does It All Mean For Housing…? Read More »
With property values in much of the country up over 20% year-over-year and more and more catastrophic weather-related situations, real estate property taxes and homeowner’s insurance are likely to be significantly higher this year. If you are a homeowner and you escrow as part of your monthly payment for taxes and insurance, you receive an …
Property Taxes and Homeowners’ Insurance Increasing Read More »
According to recent data from Redfin, Atlanta Metro’s median monthly rent is currently $2,095. That’s $392 higher than the current median mortgage payment in Atlanta, which is $1,703 (*includes 5% down payment). Redfin’s Chief Economist, Daryl Fairweather, states, “Those who choose to rent may save money in expensive housing markets in the near term, but …
Buying A Home Is Still Cheaper Than Renting In Metro Atlanta Read More »
Scott’s Perspective The current real estate market of high demand/low supply has some speculating that history will repeat itself in the form of another Financial Crises like what occurred in 2008. I’ve read headlines lately mentioning a “Housing Bubble”, and warning of the “Imminent Housing Crash!” However, nothing could be further from the truth. Leading …
With home inventory at record lows and property values increasing significantly over the past few years, you might be wondering if it makes sense to wait until things calm down to buy a home. The media would have you believe that we are in another 2008/2009 scenario where the market might crash. The reality is …
Should I Wait to Buy a Home Until the Market Slows Down? Read More »
If you’re a millennial, homebuying might be top of mind for you. Your generation is the largest group of homebuyers in the market today and has been since 2014, according to the National Association of Realtors (NAR). And while other millennials are looking to buy for the first time, you may be one of the many who …
Millennials: Do You Need a Home with More Space? Read More »
Homeownership has long been considered the American Dream, and it’s one every American should feel confident and powerful pursuing. But owning a home is also a deeply personal dream. Our home provides us with safety and security, and it’s a place where we can grow and flourish. This week, we remember the legacy of Dr. Martin Luther …
