Edward Megerdichian - NMLS 240088 - HouseAmerica Financial

Do elections affect home prices? Everyone has an opinion. The fact is that home prices went up 7 of the last 8 presidential Elections.

Here is the opinion of several banks and financial institutions as to when Federal Reserve will cut the FED FUNDS rate.

An honest, helpful seller means a happy appraiser If you’ve just sold your home, it’s logical you’d want your home to appraise at the accepted price, as do your buyers. But buyers don’t have the job of furnishing the appraiser with information about your home...

Betting on future equity, home buyers pay more for homes than ever before The theory — no, law — of supply and demand is alive and well these days. The National Association of Realtors’ chief economist...

Markets will be focused on FOMC today At 9:30 am the DJIA opened +66, NASDAQ +11, S&P +8. 10 year note 4.33% -3 bp. FNMA 6.0 30 year coupon at 9:30 am...

Learning from the mistakes of other mortgagees might save you stomach acid Hindsight can truly be the greatest teacher of all, according to...

AI: A somewhat scary (but handy) tool for real estate and design professionals When the movie AI came out more than 20 years ago little did we know those two letters would become buzzwords in our daily lives, generating so much controversy

Consumer Price Index meets expectations August CPI released at 8:30 am ET this morning was very much in line with forecasts. The initial reaction though as usual was volatile...

The real estate market and home prices? No singing divas quite yet The biggest obstacle? You guessed it. Not enough houses to go around...

Having a ‘legal eagle’ on your side can save you money in the long term There are your friendly, smiling real estate agents who work on your behalf, and then there are real estate attorneys, who aren’t always the most popular people at the party...

Markets worry over rising oil prices The 10 year note yesterday +7 bps, 2 year +7 bps. This morning a little better start, at 8 am ET the 10 was down...

Dispelling a few myths if you think home ownership is out of reach While amassing the funds and slogging through the necessary paperwork for your own piece of the real estate pie can be daunting, if you just assume there’s no way you could buy a home...

New rules: You snooze you lose if you’re buying a home in today’s market When the housing market is as unbalanced as it is today, you need to know all you can when making an offer...

Home value is not a simple equation Unlike stocks, bonds, or annuities, real estate is tangible. When you buy a home, you usually live in your investment. But a home is more than shelter...

Invisible real estate thieves are alive and well They don’t wear hoodies or sneak around buildings, but they’re out there. In fact, you can’t see them at all. They’re con artists. Fraudsters. Thieves. And they lurk online waiting to defraud...

Is there a light at the end of the housing tunnel? We had hope in the spring that because the “buying season” had begun, things in the housing market would pick up despite interest rates holding people back. That didn’t pan out quite as planned...

The BIG MOVE. Are you up for it? When it comes to the top 10 list of life experiences considered the most stressful, moving takes its place among them. Moving to a new house in the same area is admittedly stressful, but moving thousands of miles?

Markets seek clarity in July FOMC minutes Overnight the 10 year note yield dipped briefly to 4.18% -4 bps, by 8:30 am ET the yield was back to unchanged at 4.22%. The focus today is the FOMC minutes from the July meeting...

American home equity is at an all-time high. Great for homeowners – not homebuyers. Many American homeowners are sitting on mini-goldmines, but few are talking about it...

Tread lightly with mortgage credit checks if you want to keep your score intact Anywhere you look for advice on the home search process you’ll find the same advice: When you’re applying for a mortgage, you need to shop till you drop, compare rates and terms, and never go with the first loan you find. But...

Cold feet? It’s normal Because nothing is guaranteed in home buying until the zaftig soprano sings, it’s not unusual for many buyers to get cold feet at one point...

Volatility decreases as markets wait for inflation data The day began quietly with little news ahead of inflation data tomorrow. Once again, yesterday the tone was set in overnight trading...

Avoid the most costly mistakes when applying for a mortgage Preparing yourself to buy a home is kind of like preparing yourself for college. You choose the school that interests you, send out applications to attend there, and hope for the best...

Markets under pressure after ADP employment report The July ADP Employment Change was much stronger than expected, coming in at 324K versus an estimate of...

The housing market takes yet another sucker-punch Just when you thought it might begin to get easier to buy or sell a home, they got worse. While inflation is lessening, the job market is still good, and talk of recession has lessened, the Federal Reserve hiked...

If foreclosure is in the air, will you sink or swim? What do you do when your home is underwater? That’s the question...

Will foreclosures cause a flood of new listings? Don’t hold your breath It had to happen eventually. People who took up the offer to delay their house payments during the pandemic are now in danger...