Price Appreciation = Good News For Homeowners
Many properties regained equity in the third quarter of 2015. This is great news as mortgaged properties are now in a positive equity situation. Frank Nothaft, CoreLogic’s Chief Economist, explains:

“Home price growth continued to lift borrower equity positions and increase the number of borrowers with sufficient equity to participate in the mortgage market. In the last three years, borrowers with at least 20 percent equity have increased by 11 […]

Why Take the Plunge & Buy a Home This Year…
If you’ve been on the fence about buying a home, 2016 is the year to take the plunge as reported in the article, 4 reasons 2016 is the year to buy a home, from www.cnn.com. Mortgage rates have been bouncing around record lows for a while now. But even though they’re likely to start going up, you haven’t missed your chance to get a deal on a house. A number of […]

How Is It Already November?

Many people are still experiencing the lingering effects of the economic downturn 7+ years ago, so it’s understandable to be apprehensive by the stock market fluctuations and fear that another downturn is on the horizon. But let me share with you, the Greater Phoenix housing market is stable and looking to climb. There is currently low inventory of homes and high demand. The combination of “boomerang” buyers and “tsunami” sellers alone […]