J.V. Wolt

About J.V. Wolt

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Interest Rates Over Time [INFOGRAPHIC]

By |2020-02-21T11:00:17+00:00February 21st, 2020|

Some Highlights: With interest rates hovering at near historic lows, now is a great time to look back at where they’ve been, and how much they’ve changed over time. According to Freddie Mac, mortgage interest rates are currently hovering near a five-decade low. The impact your interest rate has on your monthly mortgage payment is significant.

The #1 Misconception in the Homebuying Process

By |2020-02-20T11:00:19+00:00February 20th, 2020|

After over a year of moderating home prices, it appears home value appreciation is about to reaccelerate. Skylar Olsen, Director of Economic Research at Zillow, explained in a recent article:  “A year ago, a combination of a government shutdown, stock market slump and mortgage rate spike caused a long-anticipated inventory rise. That supposed boom turned

Three Reasons Why Pre-Approval Is the First Step in 2020

By |2020-02-03T20:07:41+00:00February 3rd, 2020|

When the number of buyers in the housing market outnumbers the number of homes for sale, it’s called a “seller’s market.” The advantage tips toward the seller as low inventory heats up the competition among those searching for a place to call their own. This can create multiple offer scenarios and bidding wars, making it tough

How Buyers Can Win By Downsizing in 2020

By |2020-01-22T17:23:34+00:00January 22nd, 2020|

Home values have been increasing for 93 consecutive months, according to the National Association of Realtors. If you’re a homeowner, particularly one looking to downsize your living space, that’s great news, as you’ve likely built significant equity in your home. Here’s some more good news: mortgage rates are expected to remain low throughout 2020 at

The 2 Surprising Things Homebuyers Really Want

By |2020-01-22T17:22:20+00:00January 21st, 2020|

In a market where current inventory is low, it’s normal to think buyers might be willing to give up a few desirable features in their home search in order to make finding a house a little easier. Don’t be fooled, though – there’s still an interest in the market for some key upgrades. Here’s a

Housing Inventory Vanishing: What Is the Impact on You?

By |2020-01-16T23:21:37+00:00January 16th, 2020|

The real estate market is expected to do very well this year as mortgage rates remain at historic lows. One challenge to the housing industry is the lack of homes available for sale. Last week, move.com released a report showing that 2020 is beginning with the lowest available housing inventory in two years. The report

Homes Are More Affordable Today, Not Less Affordable

By |2020-01-16T23:28:07+00:00January 15th, 2020|

There’s a current narrative that owning a home today is less affordable than it has been in the past. The reason some are making this claim is because house prices have substantially increased over the last several years. It’s not, however, just the price of a home that matters. Homes, in most cases, are purchased

National Cut Your Energy Costs Day [INFOGRAPHIC]

By |2020-01-10T20:27:00+00:00January 10th, 2020|

  Some Highlights: On January 10th of each year, “National Cut Your Energy Costs Day” encourages consumers to reduce their overall energy costs by improving home efficiency. According to Freddie Mac, a typical U.S. family spends $2,200 per year on energy bills. By making energy efficient upgrades, you could reduce your energy bills by up

There’s a Long Line of Buyers Waiting for Your House

By |2020-01-10T20:22:19+00:00January 9th, 2020|

If you’re following what’s happening in the housing market right now, you know that many people believe the winter months aren’t a good time to sell a home. As realtor.com Senior Economist George Ratiu recently noted, “Sellers tend to be more reluctant to list during the colder time of year when the market typically makes