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Real Estate

Prepare now for a low inventory market

house real estateAs the weather warms, many home buyers are venturing out making themselves known; only to be greeted with low inventories and higher list prices.  The National Association of Realtors® March 23rd press release indicated that nationwide low housing inventory is pushing home prices to grow rapidly; average home prices across the country increased 7.5 percent during February compared to the same period last year (realtor.org). 

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Now the time for post-winter maintenance

house real estateDid you know that enduring a harsh winter can make you more resilient?  At least that’s what University of Buffalo researcher Mark Seery believes.  His research on stress and coping reveals that negative events and adversity promotes adaptability and resilience, which benefits your overall wellness (buffalo.edu).

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Learning to protect your online identity

house real estateLast year, hackers targeted a number of retailers to compromise shoppers’ financial and personal information. A recent hack of a health insurer possibly jeopardized policy holder data. And Krebbs Security (krebsonsecurity.com) reported on February 15th about an investigation being conducted by the Defense Contract Management Agency of a possible hacking.

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Get to know before you have to owe

house real estateFor many, August 1st will be like any other summer day.  However for those in the lending and real estate industries, August 1st is when the Consumer Financial Protection Bureau’s (CFPB) new lending, closing disclosures and rules go into effect. 

“Know Before You Owe” is a project that began before the official opening of the CFPB (which officially opened July 21st 2011), and undertook the remaking of mortgage disclosures to make them more consumer friendly. 

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And this just in about fair housing

house real estateApril is designated as Fair Housing Month.  The timing for the commemoration is not arbitrary, but is the memorialization of the passing of the Fair Housing Act, which was enacted April 1968.  According to HUD (hud.gov), “HUD hosted a gala event in the Grand Ballroom of New York's Plaza Hotel” to celebrate the first year. 

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