In the Know

As home prices reach pre-recession levels, has market truly recovered?
Posted Thursday November 16, 2017 in Industry News

According to a report from analyzing the property market since the Great Recession, the overall housing market has returned to pricing levels last seen in 2006. The U.S. median home sale price last year was $236,000, two percent higher than 2006. But that’s not a comparison meant to spook homeowners and investors fearing a… Read more »

These Are The Top 10 Best Cities to Raise a Family
Posted Wednesday November 15, 2017 in Home + Lifestyle

Planning for a family can also mean relocating to a more family friendly location. And if a family related move is in your future, you might be wondering what some of the most family friendly cities are. A report conducted by WalletHub determined the top 10 best cities for raising children based on the following… Read more »

Fewer First-Time Homebuyers in the Market
Posted Monday October 30, 2017 in Industry News

The share of sales to first-time homebuyers fell this year to 34 percent, the lowest level since 1981, according to data released by the National Association of Realtors (NAR). Last year’s level was 35 percent, and the decline was primarily attributed to a lack of housing supply. Another problem facing potential first-time homebuyers is student… Read more »

Bill introduced to eliminate FHA life of loan insurance premium
Posted Friday October 27, 2017 in Industry News

Could the Federal Housing Administration’s life of loan insurance requirement soon be a thing of the past? Cutting the life of loan policy, which requires most FHA borrowers to maintain mortgage insurance throughout their entire loan term, is a change that many in the housing business have wanted for years, and now, eliminating that policy… Read more »

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