Inventory Shortage? No Problem. Here’s How to Find a House When Listings are Scarce

A shortage of housing inventory made it difficult for many homebuyers to find a house this year. And according to many experts, next year may be much of the same. As more and more Baby Boomers age in place and existing homeowners stay in their homes longer (an average of 23 years in some [...]

By |2019-12-18T11:15:59-05:00December 18th, 2019|Categories: Purchase|Tags: , , |

Buyer Competition is Dwindling; Here’s How to Use it to Your Advantage

Homebuyers are in luck: it seems competition is waning, and it could mean more leverage as we head into the holiday season. Of course, there’s still a shortage of housing inventory and plenty of demand in most major markets, but according to recent stats, competition isn’t nearly as stiff as it was in years [...]

By |2019-11-25T14:59:45-05:00November 25th, 2019|Categories: Purchase|Tags: , |

5 Things to Think About Before Starting a Hobby Farm

Rural living and hobby farming hold great appeal as alternative lifestyles. Growing your own food and raising livestock in a rural area can provide a much-needed escape from city living and the suburban sprawl. Is a hobby farm right for you? Here are some things you'll want to consider before making a decision: 1. [...]

By |2020-01-16T00:35:56-05:00October 30th, 2019|Categories: Eco, Misc, Purchase|Tags: , |

10 Best Days to Buy a Home (Mark Your Calendars!)

We’re officially into fall, and if you’ve been thinking about buying a home, we’re quickly approaching the best days of the year to do it. According to a study from ATTOM Data Solutions, October, November, and December claim nine out of the year’s 10 best home buying days overall.  The study looked at 18 [...]

By |2020-01-21T07:22:32-05:00October 9th, 2019|Categories: Home, Purchase|Tags: , |

PMI: Should You Avoid It at All Costs?

If you're applying for a conventional mortgage loan, you'll usually need at least 20% down if you want to avoid private mortgage insurance (typically just referred to as PMI). PMI protects the lender if a borrower defaults, and it makes monthly payments higher the entire time a borrower has to carry it. Doesn't sound [...]

By |2020-01-03T02:08:05-05:00October 3rd, 2019|Categories: Mortgage, Purchase|Tags: |

Maryland Does Its Part to Eliminate Student Debt for Hopeful Homeowners

Student loan debt is making it harder for Americans, especially younger ones, to become homeowners. Among individuals ages 24 to 32, homeownership fell from 45% to 36% between 2005 and 2014, according to the Federal Reserve. Sure, there are several different factors that play into the rate of homeownership — but the Fed noted [...]

By |2019-09-27T09:39:56-04:00September 28th, 2019|Categories: Mortgage, Purchase|Tags: , |