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Real Estate Wisdom and Information From CENTURY 21 Advantage Gold -The Only CENTURY 21 Firm With Offices in Pennsylvania AND New Jersey!

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Entries from August 2017

Getting Tired of Renting? Here Are the Top 5 Reasons Why Young People Prefer Owning a Home

August 17th, 2017 · Comments Off on Getting Tired of Renting? Here Are the Top 5 Reasons Why Young People Prefer Owning a Home

At some point in their lives, every renter thinks about home ownership and whether or not it’s worth it. Let’s explore the top 5 reasons why young individuals prefer the idea of owning a home over renting.

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Tags: Home Buyer Tips

NAHB: Builder Sentiment Surges in August

August 16th, 2017 · Comments Off on NAHB: Builder Sentiment Surges in August

Home builder confidence in housing market conditions surged in August after sagging to an eight-month low in July. The National Association of Home Builders reported a July reading of 68 in August after analysts expected a one- point increase from July’s Housing Market Index reading of 64. Any reading over 50 indicates that more builders consider housing market conditions positive than those who do not.

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Tags: Home Values

First-Time Home Sellers: Don’t Miss These 4 Tips That Will Keep Your Sale Moving Smoothly

August 15th, 2017 · Comments Off on First-Time Home Sellers: Don’t Miss These 4 Tips That Will Keep Your Sale Moving Smoothly

Are you selling your home? If it’s your first time going through a home sale, you’ve probably got a lot of questions about the process. In today’s post, we’ll share four tips that can help to keep your home sale moving along smoothly. Let’s get started!

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Tags: Home Seller Tips

What’s Ahead For Mortgage Rates This Week – August 14, 2017

August 14th, 2017 · Comments Off on What’s Ahead For Mortgage Rates This Week – August 14, 2017

Job openings rose in June to 6.20 million as compared to May’s reading of 5.70 million job openings. Analysts said that increasing job vacancies show that employers are unable to find qualified workers. Business services, construction, health care and professional job sectors had the most job openings. Slow wage growth could be contributing to widespread job openings. Average wage growth has been running at approximately 2.50 percent, which is lower than the average of 3.50 to 4.00 percent typically seen during economic expansion.

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Tags: Mortgage Rates

Go Big or Go Home: 3 Reasons Why Your First Home Should Be a Spacious One

August 11th, 2017 · Comments Off on Go Big or Go Home: 3 Reasons Why Your First Home Should Be a Spacious One

Buying a home for the first time? One of the key considerations you’ll need to make is just how much ‘house’ you want to buy. While going minimal might seem like a good idea to save on costs, having a smaller living space can end up cramping your lifestyle in many ways. Let’s take a look at three great reasons why your first home should be roomy, spacious and luxurious.

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Tags: Home Buyer Tips

Thinking About a New Home? 3 Reasons Why a Mortgage Will Be the Best Money You Ever Borrow

August 10th, 2017 · Comments Off on Thinking About a New Home? 3 Reasons Why a Mortgage Will Be the Best Money You Ever Borrow

In these days of low interest rates, it can be a great idea to get into the real estate market and invest in a home. However, if you don’t have the funds saved up to buy a home outright, it may seem like more of a burden than it’s worth. The good news is that you might qualify for a mortgage loan, which tend to come with more favorable terms than a traditional bank loan. Here are three reasons why a mortgage might just be the best money you ever borrow.

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Tags: Home Mortgage Tips

Yes, You Should Take the Plunge and Buy a New Home in 2017. Here’s Why

August 9th, 2017 · Comments Off on Yes, You Should Take the Plunge and Buy a New Home in 2017. Here’s Why

Are you thinking about buying a house, apartment or condo? In many markets across the country, there’s never been a better time than now to become a homeowner. In this post, we’ll share a few reasons why the conditions are right to jump into the market and buy a new home.

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Tags: Home Buyer Tips

Finding Your Latte Factor: 3 Ways to Find the Money to Make Extra Mortgage Payments

August 8th, 2017 · Comments Off on Finding Your Latte Factor: 3 Ways to Find the Money to Make Extra Mortgage Payments

It’s not uncommon for a homeowner to want to pay more than the minimum monthly mortgage payment on their home. However, just because it can seem hard to come up with the funds on a monthly basis doesn’t mean it’s not possible to find the money for extra mortgage payments each year. If you’re wondering how you can pay down your mortgage debt much sooner with extra money, here are some tricks you may want to try.

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Tags: Home Mortgage Tips

Understanding Your FICO Score and Why Small Credit Mistakes Can Cause Huge Headaches

August 8th, 2017 · Comments Off on Understanding Your FICO Score and Why Small Credit Mistakes Can Cause Huge Headaches

Many people all over the world are dealing with issues involving debt or poor credit history, but most aren’t necessarily aware of what exactly makes up their credit score. Unfortunately, it might seem like it’s the big stuff that counts when it comes to credit, but little things can have a significant impact on your financial health. If you’re looking to improve your understanding and your finances, here’s what you need to know about small mistakes and your FICO score.

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Tags: Home Mortgage Tips

What’s Ahead For Mortgage Rates This Week – August 7, 2017

August 7th, 2017 · Comments Off on What’s Ahead For Mortgage Rates This Week – August 7, 2017

Last week’s economic news included readings on pending home sales, construction spending. Several reports related to employment were also posted along with weekly readings on mortgage rates and new jobless claims.

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Tags: Mortgage Rates