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“Just the Facts Ma’am” Home Prices: What Happened in 2020 and What Will Happen in 2021 Now In Real EstateProperty Management BlogTiny HomesUncategorizedUp-to-date Mortgage Info

“Just the Facts Ma’am” Home Prices: What Happened in 2020 and What Will Happen in 2021

The real estate market was on fire during the second half of 2020. Buyer demand was way up, and the supply of homes available for sale hit record lows. The price of anything is determined by the supply and demand ratio, so home prices skyrocketed…
Donna Stott
March 2, 2021
How Much Leverage Do Today’s House Sellers Have? Now In Real EstateProperty Management BlogTiny HomesUncategorizedUp-to-date Mortgage Info

How Much Leverage Do Today’s House Sellers Have?

The housing market has been scorching hot over the last twelve months. Buyers and their high demand have far outnumbered sellers and a short supply of houses. According to the latest Existing Home Sales Report from the National Association of Realtors (NAR), sales are up 23.7% from the…
Donna Stott
February 24, 2021
The Reason Mortgage Rates Are Projected to Increase and What It Means for You Now In Real EstateProperty Management BlogTiny HomesUncategorizedUp-to-date Mortgage Info

The Reason Mortgage Rates Are Projected to Increase and What It Means for You

We’re currently experiencing historically low mortgage rates. Over the last fifty years, the average on a Freddie Mac 30-year fixed-rate mortgage has been 7.76%. Today, that rate is 2.81%. Flocks of homebuyers have been taking advantage of these remarkably low rates over the last twelve months. However, there’s…
Donna Stott
February 23, 2021
“Just the facts Ma’am”: Home Mortgage Rates by the Decade Now In Real EstateProperty Management BlogTiny HomesUncategorizedUp-to-date Mortgage Info

“Just the facts Ma’am”: Home Mortgage Rates by the Decade

Some Highlights Mortgage interest rates have dropped considerably over the past year, and compared to what we’ve seen in recent decades, it’s a great time to buy a home. Locking in a low rate today could save you thousands of dollars over the lifetime of…
Donna Stott
February 19, 2021
Will Low Mortgage Rates Continue through 2021? Now In Real EstateProperty Management BlogTiny HomesUncategorizedUp-to-date Mortgage Info

Will Low Mortgage Rates Continue through 2021?

With mortgage interest rates hitting record lows so many times recently, some are wondering if we’ll see low rates continue throughout 2021, or if they’ll start to rise. Recently, Freddie Mac released their quarterly forecast, noting: “The average 30-year fixed-rate mortgage hit a record low over a dozen times in…
Donna Stott
February 18, 2021
3 Ways Home Equity Can Have a Major Impact on Your Life Now In Real EstateProperty Management BlogTiny HomesUncategorizedUp-to-date Mortgage Info

3 Ways Home Equity Can Have a Major Impact on Your Life

  There have been a lot of headlines reporting on how homeowner equity (the difference between the current market value of your home and the amount you owe on your mortgage) has dramatically increased over the past few years. CoreLogic indicated that equity increased for the average…
Donna Stott
February 17, 2021