Owning a home has great financial benefits, yet many continue renting! Today, let’s look at the financial reasons why owning a home of your own has been a part of the American Dream for as long as America has existed. Zillow recently reported that: “With Rents continuing to climb and interest rates staying low, many […]
![What You Need to Know About Qualifying for a Mortgage [INFOGRAPHIC]](http://www.morganpropertysolutions.com/wp-content/uploads/2017/05/20170428-Share-STM-1.jpg)
Some Highlights: Many buyers are purchasing a home with a down payment as little as 3%. You may already qualify for a loan, even if you don’t have perfect credit. Take advantage of the knowledge of your local professionals who are there to help you determine how much you can afford. Source: Keeping Current Matters
With housing prices appreciating at levels that far exceed historical norms, some are fearful that the market is heading for another bubble. To alleviate that fear, we just need to look back at the reasons that caused the bubble ten years ago. Last decade, demand for housing was artificially propped up because mortgage lending standards […]
Every year, Gallupsurveys Americans to determine their choice for the best long-term investment. Respondents are given a choice between real estate, stocks/mutual funds, gold, savings accounts/CDs, or bonds.For the fourth year in a row, Real Estate has come out on top as the best long-term investment! This year’s results showed that 34% of Americans chose […]
The real estate market is moving more and more into a complete recovery. Home values are up. Home sales are up. Distressed sales (foreclosures and short sales) have fallen dramatically. It seems that 2017 will be the year that the housing market races forward again. However, there is one thing that may cause the industry […]
If you are considering moving up to your dream home, it may be better to do it earlier in the year than later. The two components of your monthly mortgage payment (home prices and interest rates) are both projected to increase as the year moves forward, and interest rates may increase rather dramatically. Here are […]
![Do You Know the Cost of Waiting? [INFOGRAPHIC]](http://www.morganpropertysolutions.com/wp-content/uploads/2017/05/20170505-Share-STM-1.jpg)
Some Highlights: The “Cost of Waiting to Buy” is defined as the additional funds it would take to buy a home if prices and interest rates were to increase over a period of time. Freddie Mac predicts that interest rates will increase to 4.8% by this time next year, while home prices are predicted to […]
There are some experts questioning whether the current pace of residential home sales is maintainable. Are too many people buying homes like in 2004-2006? Are we headed for another housing crisis? Actually, if we look closely at the numbers, we can see that we are looking at a very healthy real estate market. Why the […]
This time of year, many people eagerly check their mailboxes looking for their tax return check from the IRS. But, what do most people plan to do with the money? GO Banking Rates recently surveyed Americans and asked the question – “What do you plan on doing with your tax refund?” The results of the […]
Real Estate mogul, Sean Conlon, host of The Deed: Chicago on CNBC, was recently asked the question, should you buy? Or should you rent a house? Conlon responded: “I am a true believer that you save every penny and you buy your first house… and that is still the fastest path to wealth in this […]
Saving for a down payment is often the biggest hurdle for a first-time homebuyer. Depending on where you live, median income, median rents, and home prices all vary. So, we set out to find out how long it would take you to save for a down payment in each state. Using data from the United […]
![Slaying Home Buying Myths [INFOGRAPHIC]](http://www.morganpropertysolutions.com/wp-content/uploads/2017/04/20170421-Share.jpg)
Some Highlights: Interest rates are still below historic numbers. 88% of property managers raised their rent in the last 12 months! The credit score requirements for mortgage approval continue to fall. Source: Keeping Current Matters
Many Americans got some depressing news last week; either their tax return was not as large as they had hoped or, in some cases, they were told they owed additional money to either the Federal or State government or both. One way to save on taxes is to own your own home. According to the […]
Mortgage interest rates, as reported by Freddie Mac, have increased over the last several weeks. Freddie Mac, along with Fannie Mae, the Mortgage Bankers Association and the National Association of Realtors, is calling for mortgage rates to continue to rise over the next four quarters. This has caused some purchasers to lament the fact they may no longer be able to get […]
![Spring Forward: The Difference An Hour Makes [INFOGRAPHIC]](http://www.morganpropertysolutions.com/wp-content/uploads/2017/03/The-Difference-a-Hour-Makes-STM-1-810x430.jpg)
Some Highlights: Don’t forget to set your clocks forward this Sunday, March 12th at 2:00 AM EST in observance of Daylight Savings Time. Unless of course, you are a resident of Arizona or Hawaii! Every hour in the United States: 649 homes are sold, 177 homes regain equity (meaning they are no longer underwater on […]
In many areas of the country, there are not enough homes for sale to satisfy the number of buyers looking to purchase their dream homes. Experts have long proposed that a ramp-up in new, single-family home construction would be one of the many ways to overcome this inventory shortage. According to a recent survey conducted […]
As a REALTOR and property manager in Orlando, Devinee Overton-Morgan has dealt with many types of clients from the first time homebuyer to the savvy real estate investor. The key to helping people, she says, is finding out their why and then guiding them along the right path. During all this, putting the client first […]
Wouldn’t you like to grow your wealth in a relatively easy and passive way? Orlando property management company Morgan Property Solutions recommends purchasing real estate in central Florida. The Federal Reserve conducts a Survey of Consumer Finances every three years in which they collect data across all economic and social groups. The latest survey, […]
How does your nest egg look right now? Perhaps it is it non-existent or looking empty… well don’t worry because you can do something about that by making it a priority in your life to start investing. Morgan Property Solutions, orlando property manager believes the next 5 years is vital to your success and investing […]
Looking into your financial future does not have to be burdensome, says Orlando property manager and REALTOR Devinee Overton-Morgan. The current trend on real estate shows prices continuing to increase and building American family’s wealth. Today, real estate conversations tend to focus on housing prices and where they may be headed. That is why we […]
It might seem ludicrous for an Orlando property manager to tell people n not to rent! But many people cannot buy and considering how strong the rental market is, we are certainly not worried about a sudden decrease in rental prospects. So, if you are looking to move, why not consider the option of buying […]
Moving into your new home is very exciting, for your entire family, including your pet(s), but introducing your dog into a new home can be incredibly stressful for them. Fortunately, orlando property manager Morgan Property Solutions, has found some ways that we can do to make this transition easier on them which in the end […]
Credit affects so much in your life, and although we dislike the idea of debt, having a good credit score can save you money with insurance, utility deposits, car rental, mortgage loans and more, says orlando property manager Oliver Overton-Morgan with Morgan Property Solutions. You can always take steps to improve your score and […]
Many people believe investing is a word used by the wealthy and is beyond them. Orlando property manager, Oliver Overton-Morgan with Morgan Property Solutions, says that is a poor mentality to have. Start making it your goal to invest today and you will be thankful years down the line, when you will wonder, why didn’t […]