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Where Are All the Home Sellers?

Where Are All the Home Sellers?

As we’ve been discussing in our Sacramento area: low inventory, high demand and a flattening sales price.  It’s happening in other parts of the country as well.  Check out this article from the Wall Street Journal. By Nick Timiraos of the Wall Street Journal...
Home Buying: Most Affordable in Decades

Home Buying: Most Affordable in Decades

NEW YORK (CNNMoney) — Buying a home is now more affordable than it has been in the last twenty years. Thanks to continued declines in home prices and rock-bottom mortgage rates, the National Association of Home Builders/Wells Fargo Housing Opportunity Index hit...
Points Lose Favor

Points Lose Favor

With interest rates at or near record lows, many borrowers are seeing little reason to pay points when buying or refinancing a home.  Some are even opting for what’s known as “negative points,” agreeing to a slightly higher rate to help pay closing costs. Making sense...