Self-made millionaire David Bach was quoted in a CNBC article explaining that “the single biggest mistake millennials are making” is not purchasing a home because buying real estate is “an escalator to wealth.” Bach went on to explain: “If millennials don’t buy a home, their chances of actually having any wealth in this country are little to none. The […]

CoreLogic recently released a report entitled, United States Residential Foreclosure Crisis: 10 Years Later, in which they examined the years leading up to the crisis all the way through to the present day. With a peak in 2010 when nearly 1.2 million homes were foreclosed on, over 7.7 million families have lost their homes throughout […]

In many areas of the country, there are not enough homes for sale to satisfy the number of buyers looking to purchase their dream homes. Here in the Puget Sound area, buyer demand continues to push prices to new highs as purchasers compete for low inventory. Experts have long proposed that a ramp-up in new, […]

There is no doubt that historically low mortgage interest rates were a major impetus to the housing recovery we’ve seen over the last couple of years. However, many industry experts are showing concern about the possible effect that rising rates will have moving forward. The Mortgage Bankers Association, Fannie Mae, Freddie Mac and the National Association […]