Considering Schools When Buying a Home

Category: Blog

Do homebuyers need to think about schools in their prospective neighborhood even if they’re empty nesters or don’t have kids? Lisa Harris, RE/MAX agent with RE/MAX Center in Braselton, GA, said that homebuyers should definitely be thinking about schools when they buy.  “It’s one of the most important things because that is what’s going to dictate your […]


Low Mortgage Rates Increase Sales for August

Category: Blog

Existing-home sales inched forward 1.3% in August from the prior month, reaching a 17-month high, according to the National Association of Realtors. Total existing-home sales – completed transactions that include single-family homes, townhomes, condominiums and co-ops – increased to a seasonally adjusted annualized rate of 5.49 million, a gain of 2.6% above August 2018’s rate. As expected, buyers are finding it hard to […]


Apartment Occupancy Climbs

Category: Blog

Renting an apartment hasn’t been this popular in nearly 20 years, as the rate at which people are renting apartments hasn’t been this high since 2000. According to new data from RealPage, apartment occupancy was the highest in August that it has been at any point since the tech boom in 2000. August also marked the […]


Pricing Out PMI

Category: Blog

How often do homeowners actually put 20% down? The National Association of Realtors reports that in 2018, the median down payment was 13% for all buyers and 7% for first-time buyers. Despite the data, many people still have a false perception of how much they need for a down payment – or they’re dissuaded once they hear […]


New Generations Don’t Make Enough

Category: Blog

Credit card debt, student loan debt and high cost of living are some of the factors cited by Bankrate for reasons people can’t afford a home.  One common trend the survey found across Millennials, Gen X and Baby Boomers? Their income isn’t high enough, and that is what’s holding them back from buying a home.  There were […]


Mortgage Rates Rise but Remain Relatively Low

Category: Blog

Mortgage rates rose seven basis points compared with the prior week, but remained below 3.6% over four consecutive weeks for the first time since the fourth quarter of 2016, according to Freddie Mac. The 30-year fixed-rate mortgage averaged 3.56% for the week ending Sept. 12, up from last week when it averaged 3.49%. A year ago at […]


Just in the Nick of Time…

Category: Blog

Shortly before their winter recess in 2017, members of Congress passed, and the president signed into law, a major overhaul of the federal tax code that reduced the corporate rate from 35% to 21%. One consequence of this reform that received little attention was the effect on affordable housing investments, specifically those funded through the […]


Predictions that Commercial, Multifamily Will Reach New Highs

Category: Blog

Lower interest rates are expected to drive financing secured by income-producing properties to new heights by year-end, according to the Mortgage Bankers Association. The association’s latest 2019 projection for lending on income-producing properties, at $652 billion, represents a 14% increase from upwardly revised 2018 numbers. The MBA’s estimate for 2019 multifamily originations, which includes some […]


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