Walter DiLoreto's (phphouses) Blog

If it feels like you’re seeing new construction signs pop up everywhere, you’re not wrong. Builders have been busy. And it’s left some people wondering: Are we overbuilding like we did right before the 2008 housing crash?No matter what you may hear in the news, there’s no reason for alarm. In rea...

Trying to break into the market without breaking the bank? You may want to look at fixer-uppers.The median listing price for the typical single-family home is $436,000.But for fixer-uppers? It’s only around $200,000.And if you’re doing the math, that’s about 54% difference.Now, a house that needs...

If you’ve served in the military (or if your spouse has), you have access to one of the most powerful homebuying tools out there. The chance to buy a home without having a down payment.Unfortunately, 70% of Veterans (that's 7 out of every 10) don’t know about this benefit, according to Veterans U...

If one simple step could help you avoid the number one deal killer in today’s market, would you do it?Because here’s the thing. More deals are falling through right now, and it’s not for the reason most people think.70% of agents say inspections are the top reason buyers back out. Not financing. ...

There’s been a lot of talk lately about how a government shutdown impacts the housing market. You might be wondering: Is it causing everything to grind to a halt?The short answer? No.The housing market doesn’t stop. It keeps moving. Homes are still being bought and sold, contracts are still being...

If you’ve seen headlines about home prices dropping, it’s easy to wonder what that means for the value of your home too. Here’s what you really need to know.Even with small price declines in some markets, data shows you’re likely still way ahead. And that’s thanks to your home equity.The Relation...

Buying a home when you have student loans is possible.Data shows 32% of first-time buyers have student debt. And the typical amount is $30,000.So, if you’ve been holding off on buying your first home because you thought you had to pay off those loans first.Or, because you assumed it just wasn’t p...

If there was one simple step that could help make your home sale a seamless process, wouldn't you want to know about it?There’s a lot that happens from the time your house goes under contract to closing day. And a few things still have to go right for the deal to go through. But here’s what a lot...

How low will mortgage rates go? Here's what the experts are saying in their latest forecasts.While no one is calling for a big drop, experts think there will be slow improvement over the next year.But it won’t be a straight line down. You’ll want to brace for some bumps along the road as new econ...

If you stepped back from your home search over the past few years, you’re not alone – and you’re definitely not out of options. In fact, now might be the ideal time to take another look. With more homes to choose from, prices leveling off in many areas, and mortgage rates easing, today’s market i...