09 Oct 2019
By Mark Feder

The Most Popular Cities For Relocating To Get A Better Deal On A Home

Real Estate
Many people are looking to buy homes, not across the street, not somewhere else in town, but in other parts of the country. The motivator for this is that there are significant differences in the median prices for home sales in different parts of America. This is not a result of the places being undesirable. Many of the places with excellent values in home prices are very desirable. In these nice cities, the lower prices are more about the local economy, the cost of living, and the availability of homes for sale. Popular Cities For Relocation A study done by…
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08 Oct 2019
By Mark Feder

New FHA Financing Available For Condo Buyers That Has A Low Down Payment

Real Estate
Condominium owners and buyers have previously been at a disadvantage when trying to use the Federal Housing Authority (FHA) support to get a home mortgage. Single-family homes could get better FHA mortgage deals than condominiums. In October 2019, this changes. New FHA Condominium Financing As of October 15, 2019, FHA loan availability is extended to condominium buyers. This is important news for first-time buyers who frequently purchase a condominium. First-time buyers appreciate FHA loans because they only require a very modest 3.5% down payment. FHA loans were strongly curtailed after the real estate market collapse in 2008. Since 2009, most…
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02 Oct 2019
By Mark Feder

How To Create A Home-Buying Partnership

Real Estate
Many want to have a home, yet find it difficult to afford one by themselves. Some people are forming home-buying partnerships to buy a home and live in it together. Here are some considerations for those interested in forming a home-buying partnership. A home-buying partnership is a legal and personal relationship that is similar to having a permanent roommate. It has the feeling of being married to the other person in a legal way, not in a romantic way. Like any business partnership, there are advantages and disadvantages. Advantages Of A Home-Buying Partnership Buying a home is easier when sharing…
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26 Sep 2019
By Mark Feder

Case-Shiller: July Home Price Growth Hits Lowest Pace in 12 Years

Market Outlook
Case-Shiller's National Home Price Index reported U.S. home prices grew by 3.20 percent year-over-year in July; as compared to year-over-year home price growth 0f 3.00 percent posted in June. Cities with the highest rates of year-over-year home price growth were Phoenix, Arizona with 5.80 percent year-over-year home price growth. Las Vegas, Nevada had 4.70 percent year-over-year home price appreciation and Charlotte, North Caroline bumped Tampa, Florida from the top three cities with home price appreciation of 4.60 percent. Tampa, Florida posted 4.50 percent year-over-year home price growth in July. Home Price Growth Stalls In West 14 cities had higher home…
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