Christian Penner | My Real Estate Blog

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Are Home Prices Approaching Bubble Territory?As home values continue to rise, some are questioning whether we are approaching another housing bubble. Zillow just reported that:“National home values have surpassed the peak hit during the housing bubble and are at their highest value in more than a...
The TRUTH Behind the RENT vs. BUY DebateIn a blog post published last Friday, CNBC’s Diana Olnick reported on the latest results of the FAU Buy vs. Rent Index. The index examines the entire US housing market and then isolates 23 major markets for comparison. The researchers at FAU use a “‘horse r...
Homeownership Is a Good Financial Investment!According to a recent report by Trulia, “buying is cheaper than renting in 100 of the largest metro areas by an average of 33.1%.” The report may have some people thinking about buying a home instead of signing another lease extension, but does that ma...
Follow Me On:   Mortgage Market Guide – Views You Can Use June 2017 Issue       IN THIS ISSUE…         “Working 9 to 5, what a way to make a living.” Dolly Parton. Strong job growth and improved Retail Sales in April could bode well for our economy in the second quarter. We’ll ring up this story...
  Send to a Friend Follow Me On: Mortgage Market Guide: Big Headlines. Little Movement.   In This Issue           Last Week in Review: Stock and Bond markets were quiet in the lead up to the Fed meeting June 13-14. Forecast for the Week: Monetary policy and a broad spectrum of economic data will...
4 Reasons to Buy This Summer!Here are four great reasons to consider buying a home today, instead of waiting.1. Prices Will Continue to RiseCoreLogic’s latest Home Price Index reports that home prices have appreciated by 7.1% over the last 12 months. The same report predicts that prices will cont...
The Impact Your Interest Rate MakesSome Highlights: Interest rates have come a long way in the last 30 years. The interest rate you secure directly impacts your monthly payment and the amount of house that you can afford if you plan to stay within a certain budget. Interest rate are at their lowe...
Mortgage Interest Rates Reverse Course in 2017To start the year, housing experts all agreed on one thing: 2017 was going to be the year we would see mortgage interest rates begin to rise. After years of historically low rates, and an improving economy, the question wasn’t if they would increase b...
69% of Buyers are Wrong About Down Payment NeedsAccording to a recent survey conducted by Genworth Financial Inc. at the Annual Mortgage Bankers’ Association Secondary Market Conference, mortgage professionals say that first-time buyers still believe a 20% down payment is necessary to buy in toda...
If Your Home Hasn’t Sold Yet… Definitely Check the Price!The residential housing market has been hot. Home sales have bounced back solidly and are now at their fourth highest pace over the past year. Demand has remained strong ­throughout spring as many real estate professionals are reporting bid...

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