If you're investigating to choose between an ARM or a fixed-rate mortgage, you're not alone. Here's a primer on mortgage types. When it concerns buying a house, you need to make many decisions. You have to determine which community you want to live in, which school district, how much of a down ... » Learn More about ARM vs. fixed-rate mortgages: What’s right for you?
More house, more money
According to the National Association of Home Builders (NAHB), in the last four years, the typical size of new homes has increased 13.4 percent from 2,362 square feet in 2009 to 2,679 square feet in 2013. The Association also states that the share of new homes with a minimum of four bedrooms has ... » Learn More about More house, more money
Home prices stagnate, but is housing in any trouble?
According to the S&P / Case-Shiller Home Price Index released presently, American home prices fell in December for the second consecutive month, but only by 0.01 percent compared with November after a comparable decline the month before. Home prices year-over-year throughout all nine U.S. Census ... » Learn More about Home prices stagnate, but is housing in any trouble?
Study: 83 Percent of California Homes Out of Reach for Teachers
Teachers help form the foundation for strong, local communities, however just 17 percent of homes available in California are affordable on a teacher's salary. That percent goes down to zero in expensive San Francisco, where the average teacher can't pay for a single home. With the existing median ... » Learn More about Study: 83 Percent of California Homes Out of Reach for Teachers
8 Benefits of Homeownership this Tax Season
Let's analyze how homeownership produces "cents"-- from the tax benefits, to good old fashioned financial stability. The financial benefits of homeownership are evident year round, but particularly around tax time-- they appear to jump off the page! 1. Homeownership builds wealth over time We were ... » Learn More about 8 Benefits of Homeownership this Tax Season