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What’s Ahead For Mortgage Rates This Week – August 19th, 2019

August 19, 2019 by Kay Monigold

Last week's economic news included readings from the National Association of Home Builders Housing Market Index and July readings on housing starts and building permits issued. Weekly readings on initial jobless claims and mortgage rates were also released.

Filed Under: Financial Reports Tagged With: Financial Reports, Interest Rates, Mortgage Rates

Important Tips To Help Kids Adjust To The Move

August 16, 2019 by Kay Monigold

Moving takes a certain amount of adjustment. Kids of all ages may need a little help getting used to the new environment. Help kids adjust to the move by keeping the following in mind.

Filed Under: Real Estate Tagged With: Family, Real Estate, Relocation

Should You Brace For A Potential Market Downturn Next Year?

August 15, 2019 by Kay Monigold

Don't panic, a looming recession may be good news for those wanting to sell their homes. The experts say this recession may happen in 2020, so there is still plenty of time to make plans for how to deal with a potential economic downturn.

Filed Under: Real Estate Tagged With: Market Outlook, Market Trends, Real Estate

A $400,000 Profit From Flipping A Single House?

August 14, 2019 by Kay Monigold

Flipping homes is popular once again. It took about eight years after the Great Recession that started in 2006 for home prices to rebound to the levels seen before the recession. Then, by 2016, in many areas, home prices started to rapidly increase.

Filed Under: Real Estate Tagged With: Market Conditions, Market Trends, Real Estate

How Important Is The Land Around A Potential Home?

August 13, 2019 by Kay Monigold

When viewing a potential home, how much consideration should you give to the surrounding land?

Filed Under: Real Estate Tagged With: Land Value, Property Investment, Real Estate

What’s Ahead For Mortgage Rates This Week – August 12th, 2019

August 12, 2019 by Kay Monigold

Last week's economic releases included readings on consumer credit, job openings and weekly reports on mortgage rates and first-time jobless claims.

Filed Under: Financial Reports Tagged With: Financial Reports, Interest Rates, Mortgage Rates

4 Simple Tips To Make Sure Your Home Smells Inviting

August 9, 2019 by Kay Monigold

As a diligent home seller, you've taken all your real estate agent's advice about preparing your home for showings. You've de-cluttered, enhanced curb appeal and developed efficient strategies for leaving your home while viewings are taking place.

Filed Under: Real Estate Tagged With: Home Selling Tips, Open House, Real Estate

How To Find Motivated Sellers In Your Real Estate Market

August 8, 2019 by Kay Monigold

Bargains in real estate may come from identifying motivated sellers who are willing to let a property go for less than it is really worth. Real estate investors who acquire properties at a discount from current market value enhance their success by increasing their profit potential. Real estate agents who list properties owned by motivated sellers increase their chances to sell a property quickly and have happy sellers who might refer them in the future.

Filed Under: Real Estate Tagged With: Investment Property, Market Trends, Real Estate

New York Penthouse Sells For $238 Million – Is This A Real Estate Bubble About To Burst?

August 7, 2019 by Kay Monigold

The most expensive home sold in America, so far, was a New York penthouse that sold for $238 million in January 2019. It is on the top of a building that overlooks Central Park. The 26-story luxury condo building designed by Robert A. M Stern is nearly all sold out.

Filed Under: Real Estate Tagged With: Market Outlook, Market Trends, Real Estate

Fed Lowers Key Interest Rate For First Time Since Great Recession

August 6, 2019 by Kay Monigold

The Federal Open Market Committee of the Federal Reserve announced the first rate cut to its key interest rate range since the Great Recession ushered in a series of rate cuts described as "quantitative easing." The Fed committee confirmed a quarter-point cut to 2.00 to 2.25 percent.

Filed Under: Federal Reserve Tagged With: Fed, FOMC, Interest Rates

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Our Team

Kay MonigoldKay Monigold
Owner/Mortgage Broker/Residential Mortgage Loan Originator
NMLS#1086176

Steven LoweSteven P Lowe, Sr
Residential Mortgage Loan Originator
NMLS #1085638

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