LOS

It Turns Out Housing Affordability Is Still Really Good

I’m the first guy to mutter that home prices are too high. That they’ve become too expensive, but if you look at the actual numbers, my grumbling might just be grumbling and nothing more. It’s no secret that housing affordability has diminished over the past couple years thanks to rising home prices. But that doesn’t… Read More »It Turns Out Housing Affordability Is Still Really Good

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Zillow Offers: For Those Who Want to Sell Their Home Fast

The online real estate marketplace Zillow has just launched a new feature called “Zillow Offers,” formerly known as Zillow Instant Offers, aimed at helping seemingly impatient sellers quickly offload their homes. In short, their research has found that some homeowners want a “faster, simpler selling option” to part ways with their property. What might make… Read More »Zillow Offers: For Those Who Want to Sell Their Home Fast

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Trulia: Not a Bad Idea to Buy an Unaffordable Home

This headline may have caught your attention seeing that it sounds like terrible advice. But wait, let them explain. Well, let me explain Trulia’s rationale here so you aren’t up in arms. The company analyzed housing markets throughout the country where home prices are initially out of reach for Millennial households, but eventually affordable thanks… Read More »Trulia: Not a Bad Idea to Buy an Unaffordable Home

The post Trulia: Not a Bad Idea to Buy an Unaffordable Home appeared first on The Truth About Mortgage.

Your Summer Bucket List According to Pinterest

Now that the 4th is behind us, it’s time to make your summer bucket list and check it twice. Wait, you haven’t made yours yet? Not to worry – a quick scouring of Pinterest and we’ve rounded up our favorite ideas to ensure your summer is pitch perfect. Let’s be honest. This…

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What is a Cap Rate and How is it Calculated?

If you have researched investment properties, you have probably heard the term CAP rate. CAP stands for capitalization and is often used to determine the value of income-producing real estate. The cap rate is a measure of what the returns will be assuming you pay cash for a property. The CAP rate will not give … Read more

RedfinNow: Get an Offer on Your Home Within 24 Hours (Shut Down Nov. 22)

Are you the impatient type? Well, have I’ve got news for you. A new service dubbed “RedfinNow” will get you a “top offer” for your property within 24 hours of it being viewed. That’s pretty fast. Instead of dealing with the hassle of finding an agent, listing the property, getting a buyer to bite, then… Read More »RedfinNow: Get an Offer on Your Home Within 24 Hours (Shut Down Nov. 22)

The post RedfinNow: Get an Offer on Your Home Within 24 Hours (Shut Down Nov. 22) appeared first on The Truth About Mortgage.

I Wish I Could Buy a Home While Interest Rates Are So Low

Continuing my series of “Things My Friends Say,” I had yet another thought-provoking conversation with a buddy about the current state of real estate. I don’t recall how we got on the subject, but we were talking about real estate and property values in Los Angeles and at some point my friend said the following:… Read More »I Wish I Could Buy a Home While Interest Rates Are So Low

The post I Wish I Could Buy a Home While Interest Rates Are So Low appeared first on The Truth About Mortgage.

‘Stashtown, USA

A big part of the recipe for a good life is to love the place you live. Although you can compensate for almost any living conditions with a strong Stoic attitude and some training, it sure is nice to be surrounded by an environment that truly agrees with your constitution. After all, all five of […]

Count the Fingerprints: This $4.9 Million Maryland Home Has 300 Windows!

Here’s hoping the eventual owners of a mansion in Easton, MD, enjoy washing windows. The home has 300 of them and is priced at $4.9 million.