Author Archives: Erin Johnston

For Owners: Best Time to Remodel Is Now

Daily Real Estate News | Monday, October 19, 2015 As home values continue to rise, more home owners may find now is the best time to add to that value even more. Spending on home remodeling is expected to climb … Continue reading

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Mortgage Rates Are Staying Below 4%

Daily Real Estate News | Friday, October 16, 2015 Interest rates may remain lower longer than originally expected. The Federal Reserve released recent comments that suggested it may continue to hold off in raising short-term interest rates and weaker-than-expected consumer … Continue reading

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New Mortgage Rules Soften Loan Demand

Daily Real Estate News | Wednesday, October 14, 2015 The rate of mortgage applications has been volatile in recent weeks: The latest numbers show applications dipped 27.6 percent week-over-week on a seasonally adjusted basis for the week ending Oct. 9, the … Continue reading

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Savings Have Dried Up for Most Americans

Daily Real Estate News | Monday, October 12, 2015 Here’s why saving for a down payment on a home purchase is a growing challenge for many Americans: About 62 percent of Americans have less than $1,000 in their savings accounts, … Continue reading

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Should Housing Fear a Tech Bubble?

Daily Real Estate News | Friday, October 09, 2015 Is the booming tech industry headed for a repeat of the dot-com boom-and-bust cycle of the late 1990s? That bust sparked widespread bankruptcies, company liquidations, skyrocketing unemployment, and up to $10 … Continue reading

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For 10 Weeks, Mortgage Rates Stay Below 4%

Daily Real Estate News | Friday, October 02, 2015 Thirty-year fixed-rate mortgages continue to hold below 4 percent, often an attractive lure for home buyers and refinancers. “In contrast to the volatility in equity markets, the 10-year Treasury rate — … Continue reading

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Advantage: Home Buyers?

Daily Real Estate News | Wednesday, September 30, 2015 The residential real estate market has “clearly shifted in favor of buyers,” says Jonathan Smoke, realtor.com®’s chief economist, in his latest analysis of housing data from the first three weeks of … Continue reading

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7 Reasons to Own Your Home

  Tax breaks. The U.S. Tax Code lets you deduct the interest you pay on your mortgage, your property taxes, as well as some of the costs involved in buying your home. Appreciation. Real estate has long-term, stable growth in … Continue reading

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Fall Maintenance Checklist

By: John Riha You’ll be ready for winter’s worst and head off expensive repairs when you complete this checklist of 10 essential fall maintenance tasks. 1. Stow the mower. If you’re not familiar with fuel stabilizer, you should be. If … Continue reading

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