If you are intending to get an FHA mortgage this year, you will be interested to learn FHA loan requirements and loan amount limits for the year. HUD recently announced its updated FHA loan income limits and maximum loan amount by region for 2024. It appears most of the US will see a substantial increase… Read More »
Nevada is one of the fastest-growing U.S. states, both according to the total number of new residents since 2010 and the percentage growth rate resulting from the hundreds of thousands of new Nevadans. All that growth has made the Nevada housing market one of the most exciting in the country. Like the rest of the… Read More »
Home mortgage refinance rates have been surging higher in 2023. If you can refinance your mortgage and save at least .5% on the rate, it can be a way to save you big bucks in interest and payments over the years. But the decision to refinance should be carefully weighed. Below are five reasons you… Read More »
Most financial experts advise the average person to spend no more than 30% of their income on housing. The likelihood of making that happen, though, depends largely on where you live. That’s because for people in dozens of American cities, the typical person sees nearly all of their income gobbled up by rent. According to… Read More »
The terms “affordability” and “ultra-luxury housing market” may not immediately seem like they go together, but the truth is that as the U.S. housing market continues its recovery and median sales prices keep trending upward, more and more cities and towns across the country, even some not necessarily considered elite enclaves, will likely see their… Read More »
Since the end of the great recession, home prices in America have rebounded substantially. Since the dark days of 2009, prices have steadily climbed and are up over 50% on average from the lowest point. This is great news for homeowners whose homes may be worth more than their pre-recession values, but less great news… Read More »