The Fed Raised Rates: What Does that Mean for Housing?

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You may have heard that the Federal Reserve raised rates last week… But what does that mean if you are looking to buy a home in the near future?

Many in the housing industry have predicted that the Federal Open Market Committee (FOMC), the policy-making arm of the Federal Reserve, would vote to raise the federal fund’s target rate at their December meeting. For only the second time in a decade, this is ...

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US Home Values Gained 1.1 TRILLION in 2015

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Well if ever there was a doubt that recovery is underway, this article from RIS Media drops the mic on it! In 2015, home values across the US gained 1.1 Trillion dollars. (If someone wants to cut me a check for 1% of that, I’m pretty happy . . .anyone?) The article goes on to mention that we’re still 782 Billion off the high-water mark set in October of 2006, but not to shabby to be less than a Trillion ...

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Seriously Underwater Properties Down by 2.2 Million

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Home above waterA new report out by RealtyTrac shows that seriously underwater properties are down by 2.2 million in the US. RealtyTrac defines “Seriously Underwater” homes as those homes where the mortgage value is at least 25% higher than the value of the home.

Why is this significant? Well the obvious answer is ...

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