In 2006, lending standards were much more relaxed with little evaluation done to measure a borrower’s potential to repay their loan. Today, standards are tighter, and the risk is reduced for both lenders and borrowers. These are two very different housing markets, so there’s no need to panic over today’s lending standards.
How Smart Is It To Buy A Home Today? As reported by Anthony Penna- Vice President of Sales/Marketing Lawyer’s Title of Arizona Whether you’re buying your first home or selling your current house, if your needs are changing and you think you need to move, the decision can be complicated. You may have to take […]
Note: January 2021 data below are the most recent released by the National Association of Realtors. Existing-home sales rose in January, marking two consecutive months of growth, according to the National Association of Realtors®. From a month-over-month perspective, buying activity varied in the major regions. Year-over-year, all four areas recorded double-digit gains in January. Total […]
As reported by Architectural Digest Unusual materials, double islands and more—here are the 2021 trends designers love Cara Gibbs FEBRUARY 18, 2021 10:21 AM Comfort and connection in the kitchen have never been more essential. Four design firms weigh in on the future of all things luxury in the next wave of kitchen features. What’s […]
In a year that brought decimation to nearly every other part of the economy, who could have guessed the housing market would see an unprecedented boom in 2020? Despite global shutdowns and mass unemployment, prospective homebuyers found themselves in heated bidding wars, as market demand increased as much as 40% at one point. Will this […]
Note: December 2020 data below are the most recent released by the National Association of Realtors. Existing-home sales rose in December, with home sales in 2020 reaching their highest level since 2006, according to the National Association of Realtors®. Activity in the major regions was mixed on a month-over-month basis, but each of the four […]
Note: November 2020 data below are the most recent released by the National Association of Realtors. Existing-home sales fell in November, snapping a five-month streak of month-over-month gains, according to the National Association of Realtors®. All major regions either took a step back or held steady in terms of their respective month-over-month status, but each […]
Hear what Karen’s peers are saying about the experience of working with TeamPicarello.
Note: November 2020 data below are the most recent released by the National Association of Realtors. Existing-home sales fell in November, snapping a five-month streak of month-over-month gains, according to the National Association of Realtors®. All major regions either took a step back or held steady in terms of their respective month-over-month status, but each […]
Note: October 2020 data below are the most recent released by the National Association of Realtors. Existing-home sales continued to trend upward in October, marking five consecutive months of month-over-month gains, according to the National Association of Realtors®. All four major regions reported both month-over-month and year-over-year growth, with the Midwest experiencing the greatest monthly […]