Author Archives: Your@Home Team with Re/Max Results

Talk of a housing bubble reminiscent of 2006-2007 continues to crop up as home prices appreciated at a rapid pace during 2020. This is understandable since the appreciation of residential real estate is well above historic annual averages. According to the Federal Housing Finance Agency (FHFA), annual appreciation since 1991 has averaged 3.8%. Here are recent 2020 appreciation numbersContinue reading “Are Home Prices Headed Toward Bubble Territory?”

It’s a bold statement, we know; but did you know that owning a home is the 3rd best investment you can make this year, according to Forbes Magazine? In fact, it has been in the top 10 for many years now. So why is buying a home one of the best financial decisions you canContinue reading “Buying a Home is one of the BEST Financial Decisions YOU can make”

Celebrating Valentine’s Day is an affirmation that you really like someone and enjoy spending time with them. For most people it isn’t about going big, but being personal, to help that person feel known and appreciated. This year, it might also mean we’ve been through it all together, even a global pandemic and there isContinue reading “The Holiday of Love”

You’ve gotten your purchase agreement successfully negotiated and your mortgage loan approval is in place so now you can start planning for moving into your new home – right? Well – yes and NO! There are some key things to keep in mind before you close. A couple of wrong moves and you could possiblyContinue reading “The Do’s & Don’ts after Applying for a Mortgage”

At the onset of the economic disruptions caused by the COVID pandemic, the government quickly put into place forbearance plans to allow homeowners to remain in their homes without making their monthly mortgage payments. Today, almost three million households are actively in a forbearance plan. Though 29.4% of those in forbearance have continued to stay current onContinue reading “Will Forbearance Plans Lead to a Tsunami of Foreclosures?”

Whether you are a first-time home buyer or a move-up buyer planning on putting your equity into your next home, home ownership is a great way to build you overall wealth. Recently, a study was published by First American Mortgage that states home ownership is one of the biggest factors to building wealth. For theContinue reading “Homeownership; the Best Place to Start Building Your Wealth.”

Who hasn’t made a New Year’s resolution for themselves? And then, by mid-February, we realize the resolution was too big, too ambitious, and too hard and we didn’t really want it anyway?! For 2021, how about resolving to help our home, and ourselves, with some practical, easy-to-achieve tasks? Check out this handful of ideas that,Continue reading “Make Some Easy New Year’s Resolutions for Your HOME!”

Mortgage rates will remain low at about 3%It is predicted that mortgage rates will remain low as an effort to help the global economic recovery. They may increase over 2021, but if so, it will be at a slow pace. This prediction has been backed by the Federal Reserve as they have stated they doContinue reading “Goodbye 2020, Hello 2021 Hot Market Predictions!”

My desire is to wish you all a blessed Christmas. Sometimes I get so concerned with being politically correct and inclusive that my own faith gets watered down. I love Christmas music, sometimes the songs become so familiar that we don’t think about the lyrics. But as months of semi-isolation look like they may endContinue reading “Merry Christmas to All!”

If you’re currently feeling the stress of affording your mortgage payment, or if you know someone who is, there’s still time to get help. For homeowners experiencing financial hardship this year, the CARES Act provides mortgage payment deferral options, creating much-needed relief in these challenging times. The primary option is forbearance – when your mortgageContinue reading “Help! COVID is causing me to miss my mortgage payments!”