Author: Dora McGillis

Housing affordability is still at a record high, according to the National Association of Realtors (NAR). It is at the highest level since record keeping began in 1970. This is based on the relationship between median home price, median family income and average mortgage interest rate.  NAR President Moe Veissi, broker-owner of Veissi & Associates… Continue reading Housing Affordability At All-Time High

You can’t judge a book by its cover, but you can judge a home by its exterior. And with warmer weather comes thoughts of outdoor home improvement projects. If you’re looking to boost your house’s curb appeal this season, think about adding color from top to bottom. “Homeowners shouldn’t be afraid of color. Contrasting colors,… Continue reading Tips help boost curb appeal

In a market flooded with foreclosures, homebuyers can find steals easily. Or that’s what many of them think until they begin searching. Soon, they learn that only savvy buyers get the best deals. Understanding how banks negotiate foreclosure deals is a must if you want to buy low in today’s market. Here are five secrets… Continue reading 5 tips for snagging a good deal on a foreclosure

or most, buying or selling a home is an infrequent transaction with enormous financial and emotional considerations. It’s stressful, emotionally-charged and high-stakes. Having a real estate professional central to the process of pricing, listing, selling and purchasing a home is important; real estate is not entertainment, and it’s not a game – bad data, inaccurate… Continue reading Why Consumers Need Proper Representation from Real Estate Professionals

While most people buy home insurance to protect property from damage, liabilities from accidents on your property are often what drive up your insurance rate. “Legal liability can be more costly to home insurers than property damage,” says Loretta Worters, vice president of the Insurance Information Institute. “People sue for millions of dollars for minor… Continue reading 8 things that make home-insurance rates soar

Getting a mortgage loan has become challenging in recent years. Don’t expect that to change anytime soon. Lending standards will remain tight in 2012, but that doesn’t mean you won’t be able to snag a mortgage with an attractive rate. Savvy borrowers who understand the rules and prepare will improve their chances of success. These… Continue reading Tips for getting a Mortgage in 2012

For the budget-minded, staging a home for sale may seem like an expensive hassle. But making a small investment, whether DIY or with a pro, can lead to higher offers. Here’s what to do. Repeat after me: It’s not your homeWhen you list your house for sale, it goes from being your home to being… Continue reading 9 Inexpensive Tips for Staging Your Home

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