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Rates Rising Ahead Of 2017: What Home Buyers and Owners Need To Know

On December 14, 2016, the Fed raised a key overnight bank-to-bank lending rate by .25 percent. Even though this is a short-term rate, it also impacts longer-term home loan rates. Rates on 30-year fixed mortgages rose about .5 percent between the election and this Fed meeting — causing monthly payments on a $300,000 loan to rise […]

Using technology to see inside real estate before it’s even built

Urbanist Architecture is the first architectural firm in London to employ the latest Virtual Reality (VR) technology for their clients. The firm uses VR gadgets to create awesome simulations showing home owners and property developers how their development will look like when it has been completed. By using this technology, you can see the quality […]

Luxury Buyers Impacted By Wall Street Performance Rather Than Interest Rates

What really impacts these buyers’ bottom line, and their financial capacity and ability to buy property, is how Wall Street is performing. “Increasing mortgage rates are offset by the current strength of the stock market, which is at an all-time high,” Mr. Yun said. “This is really helping out people at upper tier income brackets.” […]

Factors Homeowners Should Consider Over Interest Rates

Here are six factors that may be more important than interest rates when deciding whether to buy a home this year. Length of time you’ll stay in that home. How long you have to live in a home to make it more economical than renting varies by locality and, in fact, by the individual home […]

Do You Get an FHA loan or conventional mortgage?

Federal Housing Administration loans and conventional loans remain the most popular financing types for today’s mortgage borrowers. But which program makes the most financial sense for you? Here’s how to decide. The nuts & bolts of FHA loans FHA loans are insured by the Federal Housing Administration. The program contains two forms of mortgage insurance; […]

The Road to Fame and Fortune

This is a fun piece to read. Fascination with celebrity never dies. The desire to connect to Hollywood — the excitement, the razzle-dazzle — remains as strong today as it was in the ’50s. And Palm Springs will always be part of that Tinseltown allure. Locals and visitors still marvel at many celebrities’ houses, some […]

More Opportunities and Expectations for Housing Millennials and First Time Buyers

Nationally, first time homebuyers increased to 34 percent of the market share in September. A lot of this is attributed to the fact that most families with children—as well as move-up buyers—tend to make their moves during the summer months, thus easing inventory a bit for the first time homebuyers. The increase in September was […]