The National Association of Realtors’ most recent Existing Home Sales Report revealed that home sales were up rather dramatically over last year in five of the six price ranges they measure. Only those homes priced under $100,000 showed a decline (-6%). Every other category showed a minimum increase of at least 9.7%. Here is the […]
What is amortization? Amortization shows the amount of interest and the amount of principle balance paid in a single loan payment (i.e., what your monthly mortgage payment is really paying for). This percentage changes over time so that the interest portion of your payment decreases as the loan balance decreases. At the same time, the […]
Thinking about upgrading or remodeling a bathroom? Bathroom renovations have the potential to add resale value in your home. If the market supports it, a brand new bathroom can improve your home’s price point, but in most cases it’s true investment comes with its resale value. Upgraded homes have more buyer appeal for a quicker […]