Posts by Eugene Beckles

Pending Home Sales Down 1.8% in July

Pending Home Sales Down 1.8% in July WASHINGTON (August 30, 2021) – Pending home sales dipped modestly in July, noting two consecutive months of declines, according to the National Association of Realtors®. Only the West region registered a month-over-month gain in contract activity, while the other three major U.S. regions reported drops. All four regions…

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Should You Diversify Your Portfolio With Housing Stocks?

This is a reprint of a Bigger Pocket Post from Matt Mayre Finding a good deal in the current real estate market can be pretty difficult. Prices are maxed out in most markets and sellers are getting bombarded by offers, many of which are above asking. The science of investing tells us that buying near…

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Home Sales Increased—But Will We Ever Meet Demand?

This is a reprint of a Bigger Pockets Article written by Matt Mayre The housing market has been tight on inventory since well before the pandemic. We’re nowhere near the end of the problem, unfortunately—but the effects of the pandemic finally appear to be tapering off. Home sales increased in July New data released by the…

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Impact of your FICO on $250K Loan

We just received this from our referral partner at National Credit Care Rates fluctuate. Below you will find example rates pulled off the MYFICO website. Regardless of what rates are, these general rules typically apply. For the most part, when you’re in the low 600 credit score range, you lower your interest rate by a…

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Lease Purchase Program- lets you pick out a home listed for sale to rent, and buy if you want to.

How Lease Purchase Began  When the Great Recession of 2008 hit, the mortgage market changed forever. Thousands of people across the country wanted to purchase a great single-family home, but were unable to as a result of the tightening credit requirements. Current Home Partners CEO, Bill Young, began strategizing a solution to this problem by providing access to capital that…

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What Does the Supreme Court’s Eviction Moratorium Ruling Mean?

The U.S. Supreme Court recently denied a request to block the CDC from imposing their eviction moratorium—giving the federal moratorium another month of life. The ruling came from a court split 5-4, with Justice Kavanaugh and Chief Justice John Roberts joining Justices Sotomayor, Kagan, and Breyer to block the request made by real estate trade…

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May 2021 Market Snapshot

May 2021 Market Snapshot MARKET SNAPSHOT — CITY OF CHICAGO May 2021 Market Snapshot- *The City of Chicago Market Snapshot represents the residential real estate activity within the 77 officially defined Chicago community areas as provided by the Chicago Association of REALTORS®. 3,403 properties were sold in the City of Chicago in May 2021. This…

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The 26 Best Curb Appeal Ideas for Every Budget

  Curb Appeal Ideas for $0 – $500 1. Create a Seating Area on the Porch Estimated cost: Free – $500 Will you need to hire a contractor? No 2. Use Lawn Paint to Make a Brown Lawn Green Again Estimated cost: $150 Will you need to hire a contractor? No 3. Add New House Numbers Estimated cost: $20 –…

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