by John Evans | Oct 18, 2018 | Real Estate
Reality TV shows about house flipping make it look easy. But behind every lucrative renovation project, there are factors that impact profitability such as buying price, labor costs, unforeseen setbacks and perhaps most importantly, location. There is no escaping the...
by John Evans | Oct 17, 2018 | Real Estate
Robert Frost once wrote that “Good fences make good neighbors.” The poet was not referring to people bonding over the task of mending fences. Rather, defined boundaries are an important facet of neighborly relationships. Without clearly defined property...
by John Evans | Oct 16, 2018 | Mortgage
Recent medical school graduates, saddled by high student loan debt, sometimes have a hard time qualifying for a first mortgage. Now, however, a growing number of lenders will consider future earnings potential of high earners in the medical profession as a way to...
by John Evans | Oct 15, 2018 | Financial Reports
Last week’s economic reports included releases on inflation, consumer sentiment. Weekly readings on mortgage rates and new jobless claims were also released. Inflation and Consumer Sentiment Dip The Commerce Department reported slower growth in inflation for...
by John Evans | Oct 12, 2018 | Mortgage
The struggle to achieve the American homeownership dream often feels like it happens in a vacuum. Everyday people work hard, save money and polish up their credit to get a low mortgage rate. But there are powerful forces at work that are far beyond each person’s...
by John Evans | Oct 11, 2018 | Real Estate
Many people associate the fall months with cooler temperatures and changing colors. But another defining characteristic of fall is that the days become shorter. Yes, there’s limited daylight, as the sun rises later and sets earlier. Noting this, it’s...
by John Evans | Oct 10, 2018 | Real Estate
The record-setting pace of the U.S. economy continues to positively impact the housing market and home foreclosures now stand at an astonishing 12-year low. Coming off a GDP growth rate of 4.1 percent and a historic bull stock market run, everyday Americans appear to...
by John Evans | Oct 9, 2018 | Real Estate
Many of us are guilty of plopping on the sofa and binge-watching reality TV home flipping shows. The allure of buying and selling homes for big profits with no boss looking over our shoulders has major lifestyle appeal. Shows like “Love it or List it,”...
by John Evans | Oct 8, 2018 | Financial Reports
Last week’s economic reports included readings on construction spending and labor reports on public and private-sector job growth. The national unemployment rate was released along with weekly reports on mortgage rates and weekly jobless claims. Construction...
by John Evans | Oct 5, 2018 | Real Estate
The average homeowner feels secure knowing they have insurance in the event of a severe weather calamity. Most people believe that no matter what happens, they have paid for protection against disaster. Unfortunately, not every homeowners insurance policy provides...
