ARCHIVED BLOG POSTS
2017
4
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Party Like It's 1980: Mortgage Debt Ratios at 37-year Lows According to recently released statistics from the Federal Reserve, average mortgage payments as a percentage of disposal income have reached their lowest point since 1980. (See chart below.) This is great news for homebuyers! For ex...
04/06/2017
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According to a recent industry survey, less than 2% of real estate agents have not yet been involved in a bidding war this year. This means that you will most likely compete with multiple offers if you’re in the market to buy a house this spring or summer. Here are two strategies you may want ...
04/06/2017
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The Opportunity Cost of Paying CashWhen you pay cash for a property, you are missing out on the opportunity to earn a rate of return on that cash. In the illustration below, Option 1 is to pay cash for a $200,000 house. Option 2 is to use $100,000 of cash, and a $100,000 mortgage. If you go wit...
04/03/2017