Mortgage and Real Estate Market Education, News and Conversation!

About Me

I am a Certified Mortgage Planner and Branch Manager at Fairway Independent Mortgage in Iowa. Our goal is to create raving fan clients by offering a no-surprises mortgage process. Read More

Consumer Sentiment has been on the rise since last February and it’s something to which home buyers should pay attention. The affordability of your next home may hinge on consumer confidence.

A “Short Sale” is when a home seller sells his home for a lesser amount than what is owed on his mortgage, and the mortgage lender agrees to accept the lesser amount in lieu of a full payoff.

Home Prices Are Up Already in Some Neighborhoods
A “Housing Start” is a home on which construction has started and, for the 4th straight month, national single-family housing starts held steady last month. 
When the demand for homes grows faster than the number of homes for sale, prices increase. 
As recent home sales data confirms, buyers currently outpace sellers [...]

All Things Considered
With respect to housing data, news is rarely positive or negative on a universal level. There’s always two perspectives to consider, after all.

The home buyer’s perspective
The home seller’s perspective

Usually, when data is beneficial to one group, it’s less beneficial to the other.  This is true for rising home prices, average days on market and [...]