Monthly Archives: November 2019

    • The Cost of Renting vs. Buying a Home [INFOGRAPHIC]

      Some Highlights:

      • Historically, the choice between renting and buying a home has been a tough decision.
      • Looking at the percentage of income needed to rent a median-priced home today (27.7%) vs. the percentage needed to buy a median-priced home (17.5%), the choice is clear.
      • Every market is different. Before you renew your lease, find out if you can put your housing costs to work by buying a home this year.
      Written by Rajeev Vashist
    • This is Not 2008 All Over Again: The Mortgage Lending Factor

      Some are afraid the real estate market may be looking a lot like it did prior to the housing crash in 2008. One of the factors they’re pointing at is the availability of mortgage money. Recent articles about the availability of low-down payment loans and down payment assistance programs are causing concern that we’re returning […]
      Written by Rajeev Vashist
    • Buyer Demand Growing in Every Region

      Buyers are out in full force this fall, increasing the demand for homebuying in all four regions of the country. According to the latest ShowingTime Showing Index, “Home showing activity was up again nationwide with a 4.6 percent rise in traffic, as the traditionally slow fall season began with a marked boost in buyer interest.” […]
      Written by Rajeev Vashist
    • Homeownership Rate Remains on the Rise

      In the third quarter of 2019, the U.S. homeownership rate rose again, signaling another strong indicator of the current housing market. The U.S. Census Bureau announced, “The homeownership rate of 64.8 percent was not statistically different from the rate in the third quarter 2018 (64.4 percent), but was 0.7 percentage points higher than the rate […]
      Written by Rajeev Vashist
    • 75 Years of VA Home Loan Benefits

      Today, on Veterans Day, we salute those who have served our country in war or peace, and we thank them for their sacrifice. This year marks the 75th anniversary of VA Home Loan Benefit offerings through the Servicemen’s Readjustment Act, also known as the GI Bill. Since 1944, this law has created opportunities for those […]
      Written by Rajeev Vashist
    • VA Home Loans by the Numbers [INFOGRAPHIC]

      Some Highlights:

      • The Veterans Administration (VA) Home Loan is a benefit that is available to more than 22 million veterans and 2 million active duty service members to help them achieve the dream of homeownership.
      • In 2018, $161 billion was loaned to veterans and their families through the program.
      • In the same year, the average loan amount was $264,197 and 610,513 loans were guaranteed.
      Written by Rajeev Vashist
    • Forget the Price of the Home. The Cost is What Matters.

      Home buying activity (demand) is up, and the number of available listings (supply) is down. When demand outpaces supply, prices appreciate. That’s why firms are beginning to increase their projections for home price appreciation going forward. As an example, CoreLogic increased their 12-month projection for home values from 4.5% to 5.6% over the last few […]
      Written by Rajeev Vashist
    • Millennials: Here’s Why the Process is Well Worth It.

      Millennials have waited longer than any other generation to become homeowners, but the wait for this cohort is just about over. According to National Mortgage News,  “Millennials, those young adults now aged 23 to 38, are now entering their peak household formation and homebuying years.” If you’re a Millennial, you’re already well aware that you’re […]
      Written by Rajeev Vashist
    • Planning on Buying a Home? Be Sure You Know Your Options.

      When you’re ready to buy, you’ll need to determine if you prefer the charm of an existing home or the look and feel of a newer build. With limited existing home inventory available today, especially in the starter and middle-level markets, many buyers are considering a new home that’s recently been constructed, or they’re building […]
      Written by Rajeev Vashist
    • The #1 Reason to List Your House in the Winter

      Many sellers believe spring is the best time to put their homes on the market because buyer demand traditionally increases at that time of year. What they don’t realize is if every homeowner believes the same thing, then that’s when they’ll have the most competition. So, what’s the #1 reason to list your house in […]
      Written by Rajeev Vashist