What You Need to Know About Earnest Money

When you purchase a home, it’s customary to deposit “consideration” as good faith that you are going to complete the transaction. Although “consideration” can be anything of value, the most common form is a cash deposit. Depending on the...

Stop Trying to Time the Market

For Buyers:A weak 4th quarter for sales in 2018 has resulted in 11,874 price reductions in the first 5 weeks of 2019. That’s 24% higher than this same time last year. Price reductions on listings between $200K-$500K specifically are up 40%. The most notable price...

Are you paying too much for rent?

Chances are if you are renting you are spending too much of your income on your monthly housing expense. There is a long-standing ‘rule’ that a household should not pay more than 28% of their income on their rent or mortgage payment. This percentage allows the...