by Thomas Scott | Oct 9, 2019 | Buyer, Housing Market Updates
Many people plan to build their net worth by buying CDs or stocks, or just having a savings account. Recently, however, Economist Jonathan Eggleston and Survey Statistician Donald Hays, both of the U.S. Census Bureau, shared the biggest determinants of wealth, “The...
by Thomas Scott | Oct 8, 2019 | Housing Market Updates
While a recent announcement from CNBC shares that the average national FICO® score has reached an all-time high of 706, the good news for potential buyers is that you don’t need a score that high to qualify for a mortgage. Let’s unpack the credit score myth so you can...
by Thomas Scott | Oct 7, 2019 | Buyer, Housing Market Updates
According to the ‘2019 Home Buyer Report’ conducted by Nerdwallet, many first-time buyers still believe they need a 20% down payment to buy a home in today’s market: “More than 6 in 10 (62%) Americans believe you must put at least 20% down in order to purchase a...
![5 Homebuying Acronyms You Need to Know [INFOGRAPHIC]](https://madisonallied.com/wp-content/uploads/2019/10/5-Homebuying-Acronyms-You-Need-to-Know-INFOGRAPHIC-1046x675.jpg)
by Thomas Scott | Oct 4, 2019 | Infographic
Some Highlights: Learning the lingo of homebuying is an important part of feeling successful when buying a home. From APR to P&I, you need to know the acronyms that will come up along the way, and what they mean when you hear them. Your local professionals are...
by Thomas Scott | Oct 3, 2019 | Housing Market Updates, Seller
The residential real estate market has been plodding along for most of the year. However, three recent reports show the market may be on the verge of a rebound: 1. Existing Home Sales (closed sales) are up, marking two consecutive months of growth. 2. Pending Home...
