Categories for Down Payments

Does Sky High Have Its Limits?

Most assuredly the answer to this concerning question is undoubtedly yes; the more pressing question is, “are we there?” —And of course there are varied answers depending on whose opinion you most value. From a personal standpoint, if you are...
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You Should Have Bought That House Last Year…

That’s what many unfortunate; would be homeowners are muttering under their breath, if they paid attention to the roughly 25% appreciation single-family homes garnered in our comparison of year over year numbers. So yes, if you didn’t pull the trigger...
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What Are The Actual Numbers?

The total number of sales for April (the last complete month available), was 3,920, up (7% from April 2020. (All numbers are for April year over year). That was to be expected as April 2020 was ground zero for the...
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Being Competitive With Your Offer…

It isn’t always who has the highest offer, there are many other factors; your down payment position, contingency positions, loan approval, repair considerations, escrow length, contingent offers on another home being sold, rent back flexibility.  So how to navigate… Your...
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Is Our Current Market Sustainable…

That is a valid and reasonable question; at the beginning of the year, Jonathan Lasner reported we were a weak 1 on a scale of 1-5 (5 being highest), of a real estate bubble. Now, according to the Fitch report,...
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Why So Many Refinances…

Good question… it doesn’t technically hurt you to refi again and again, if you are going to stay in a property long enough to get your investment back on the cost of your refinance and substantially lower your payment, usually...
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Some Points To Ponder About The Market…

Many people thought the market would plunge into a recessionary state with wild price drops. Why didn’t this happen? Largely because most of the people struggling with housing insecurity, are renting. This is causing a massive stabilization of rents and...
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What Were The Actual Numbers?

The total number of sales was 1,635, which was down 50%! (All numbers are comparing May, the last full month available, 2020 and 2019). Single-family resales came in at 1,043, also off 50%. Condos had 427 closed sales down 54%,...
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