Lets Talk Real Estate! "JUMBO RELIEF" A "jumbo" loan, a type of financing that exceeds the limits set by the Federal Housing Finance Agency (FHFA), is designed to finance luxury properties in highly competitive local real estate markets. The value of a jumbo mortgage varies by state (or country), and the FHFA sets the conforming [...]
Lets Talk Real Estate! "DON'T CURB YOUR ENTHUSIASM" Repainting the front door before a home is listed for sale is one of the best (and most cost-effective) ways to boost the home's "curb appeal." Not only does a neat and tidy front door provide a signal to potential buyers that the home is well-maintained, but [...]
Lets Talk Real Estate! " FALLING INVENTORIES FAVOR SELLERS" Nationwide inventories, which have been falling for more than three straight years, are just beginning to rebound. In most areas, demand has outpaced the supply of available homes, leading to competition among buyers that has proved benefical to sellers. Even in areas where inventory is growing, [...]