Treece Team Blog
Brexit 1 Month Later: The Impact on Mortgage Rates
Just over a month ago, the United Kingdom decided to withdraw from the European Union in a decision commonly known as Brexit. At that time there was a lot of speculation on how that decision [...]
Slaying Myths About Home Buying [INFOGRAPHIC]
Some Highlights:Interest Rates are still below historic numbers.88% of property managers raised their rent in the last 12 months!Credit score requirements to be approved for a mortgage continue to fall.Powered by WPeMatico
Baby Boomers Are On the Move
According to a Merrill Lynch study, “an estimated 4.2 million retirees moved into a new home last year alone.” Two-thirds of retirees say that they are likely to move at least once during retirement.As one participant in [...]
Rents Skyrocket at Highest Rate in almost a Decade
The Consumer Price Index (CPI) was released by the Labor Department last week. An analysis by Market Watch revealed the cost of rent was 3.8% higher than a year ago for the second straight month [...]
A Homeowner’s Net Worth is 45x Greater Than a Renter’s!
Every three years, the Federal Reserve conducts a Survey of Consumer Finances in which they collect data across all economic and social groups. The latest survey, which includes data from 2010-2013, reports that a homeowner’s net worth is 36 [...]
3 Questions Every Buyer Should Ask Themselves
If you are debating purchasing a home right now, you are probably getting a lot of advice. Though your friends and family will have your best interest at heart, they may not be fully aware [...]