Metro Home Prices Maintain Fast Growth in Third Quarter; Rise 5.3 Percent — The AgencyLogic Blog

Chicago, IL – November 2, 2017 (nar.realtor) Severely lacking inventory levels across the country pinched sales growth and kept home prices rising at a steady clip in nearly all metro areas in the third quarter, according to the latest quarterly report by the National Association of Realtors®. The national median existing single–family home price in…

via Metro Home Prices Maintain Fast Growth in Third Quarter; Rise 5.3 Percent — The AgencyLogic Blog

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Spouse’s Bad Credit Killing Hopes of a Mortgage? Save Your Home and Marriage! — Real Estate News & Insights | realtor.com®Finance – Real Estate News & Insights | realtor.com®

AntonioGuillem/iStockYou probably didn’t think to run a credit check on your spouse before you got married. After all, love reigns supreme, right? But when it comes time to buy a home and your lender reveals serious issues with your spouse’s credit, things can get awkward fast. Whether your spouse went on a few credit card–fueled…

via Spouse’s Bad Credit Killing Hopes of a Mortgage? Save Your Home and Marriage! — Real Estate News & Insights | realtor.com®Finance – Real Estate News & Insights | realtor.com®

Introducing Johnny Grant and His *NSYNC Real Estate Parody Music Video — The AgencyLogic Blog

So we have a new real estate comedy hero. OK, so “Johhny G” might not win America’s Got Talent but he sure looks like someone you would want to hang out with and maybe even list with! Enjoy If you enjoyed this post, then you’ll definitely enjoy these other ‘Just for Fun’ posts!

via Introducing Johnny Grant and His *NSYNC Real Estate Parody Music Video — The AgencyLogic Blog

Homeownership a Common Interest, Deserves Protection in Tax Reform Debate — The AgencyLogic Blog

Washington, D.C. – September 14, 2017 (nar.realtor) Tax reform done right could yield savings and simplification that benefits average Americans, but history shows that misguided reforms can pose significant threats to the economy. That’s the message the National Association of REALTORS® brought to Congress today as Iona Harrison, chair of NAR’s Federal Taxation Committee, testified…

via Homeownership a Common Interest, Deserves Protection in Tax Reform Debate — The AgencyLogic Blog

84 Percent of Americans See Homeownership as Good Investment, Affordability a Growing Concern — The AgencyLogic Blog

Washington, D.C. – July 12, 2017 (nar.realtor) According to the National Association of Realtors®’ 2017 National Housing Pulse Survey, concerns over housing affordability show clear demographic divides especially among unmarried and non-white Americans. More than five out of 10 unmarried and non-white Americans view the lack of available affordable housing as a big problem, compared…

via 84 Percent of Americans See Homeownership as Good Investment, Affordability a Growing Concern — The AgencyLogic Blog

Mortgage Pre-Qualification vs. Pre-Approval: What’s the Difference? — Real Estate News

AlexRaths/iStock; bortonia/iStockWhen buying a home, cash is king, but most folks don’t have hundreds of thousands of dollars lying in the bank. Of course, that’s why obtaining a mortgage is such a crucial part of the process. And securing mortgage pre-qualification and pre-approval are important steps, assuring lenders that you’ll be able to afford payments. However, pre-qualification…

via Mortgage Pre-Qualification vs. Pre-Approval: What’s the Difference? — Real Estate News

5 Signs a 30-Year Fixed-Rate Mortgage Is Not for You — Real Estate News

scyther5/iStockThe 30-year fixed-rate mortgage has stood as the gold standard for American home buyers since 1954, when the Federal Housing Administration broadly adopted it. So why is this the go-to mortgage for most people? It boils down to affordability and predictability. Payments are made over a longer period of time (as opposed to a 15-year fixed-rate mortgage), so your monthly…

via 5 Signs a 30-Year Fixed-Rate Mortgage Is Not for You — Real Estate News

What is an escalation clause? — Kiss and Sell

An escalation clause is a clause put into an offer to buy a property by the buyer that says the buyer will pay “X” more than the best offer received by the seller. It usually contains a cap. Are they a good strategy for a buyer? I don’t think so. Here’s why. The buyer’s agent […]

via What is an escalation clause? — Kiss and Sell

The Paragon of Purchasers – Get Out of My House Goldilocks — Momentum of Jo

Having your house on the market is a monster headache. People keep their shoes on, but they leave their reasonable standards of decorum and general sanity at the door. Shoes on? No sweat. You may enter. Basic consideration and sanity off? No way. You may bite me. ***Quick note of clarification – In our area, […]

via The Paragon of Purchasers – Get Out of My House Goldilocks — Momentum of Jo