Benefits of 15-year mortgage hard to beat Why those lured by smaller payments on 30-year loan should reconsider By Jack Guttentag, Monday, April 30, 2012. Inman News® The case for 15-year fixed-rate mortgages has never been stronger because, in the post-crisis market, the rate advantage over the 30-year has never been larger. The rate advantage …
Orange County housing hot spots are near the beach. That’s what we found our studying how housing trends hit various corners of Orange County.” For the 22 business days ending April 9 — freshest numbers from DataQuick — our region-by-region analysis of local real estate trends finds Orange County homebuying slicing up by geography this …
Buying at a low price does have a downside Most buyers have a wish list of features they’d like to have in a home. Often missing from that list is how salable the home will be when they later decide to sell. Generally, buyers deal indirectly with resale value. They want a home they can …
Continue reading ‘6 signs a home will hold its resale value’ »
According to the March 2012 Fannie Mae National Housing Survey, 48 percent of Americans who responded expect rental prices to increase, and the expectation is that prices will rise by 4.1 percent over the next 12 months, the highest number recorded to date and an increase from the 3.5 percent recorded in February. Also, 33 …
Continue reading ‘Americans are more likely to buy, not rent’ »