• Mortgage Rates Tumble to Seven-Month Low

    Mortgage rates slid lower for the fourth week in a row and fell to their lowest levels since November, prompting borrowers with upcoming settlements to lock in their interest rates.  Currently, the national average for the benchmark 30-year fixed loan stands at 3.78%, down two basis points from this time last week.  The average 15-year…

  • What are the Costs Associated with Becoming a Realtor?

    We are so excited to be growing our team here at EveryHome, and it’s not uncommon for brand new agents to inquire about any fees or other costs associated with becoming an agent.  While the industry standard for real estate agencies is to charge new agents for things like training, mentorship, desk space, business cards,…

  • Home Prices Continue to Rise in May

    Did you know that the nation’s average listing price is 10% higher than this time last year?  It’s true!  The median list price has climbed to $275,000, and is likely to continue pushing higher in the coming months.  Home values have been increasing both regionally and nationally in response to increased demand for buyers and a…

  • Buying a Home This Summer? Here’s What You Need to Know

    If you’re planning on purchasing a home this summer, you’re not alone! Largely due to low inventory and a fiercely competitive market, a large number of local buyers weren’t able to land their dream home this spring, and we anticipate a continued busy summer season! That said, the summer home-shopping market invariably cools following the peak months…

  • May The Fair Market Value Be With You in an Assessment Appeal!

    It seems like every day that we turn on the television or open a newspaper, we are confronted with the reality of an unpredictable real estate market. In this economic climate, every dollar counts! Many residential, industrial, and commercial properties are over assessed, resulting in unreasonably high tax bills. It’s not uncommon for homeowners to…

  • Mortgage Rates Return to Pre-Election Levels

    The average 30-year fixed rate mortgage dropped to 3.85% this week, according to Bankrate.com. A decrease of 8 basis points since this time last week, some lenders have encouraged borrowers to lock in their rates. The average 15-year fixed rate home loan dropped 6 basis to 3.07%, and the 5/1 Adjustable Rate Mortgage (ARM) also…