Posts made by author 'Carol Solis'

Some Highlights

• Expert insights are painting a bright future for housing when the economy bounces back – and it will.
• We may be facing challenging economic times today, but the housing market is poised to help the economy recover, not drag it down.
• Connect with your trusted real estate advisor today, to make sure you're informed and ready when it's time to make your move.

Previously published by Keeping Current Matters, April 7, 2020

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. An increase of just $20 dollars in your monthly payment can add up to $240 per year or $7,200 over the life of your loan. Maybe it's time to lock in now while rates are still low.

We've entered into another decade, but what does that mean in the real estate industry for the next ten years? According to a recently released by Lending Tree for a significant number of U.S. homeowners, moving is in the cards.

LendingTree surveyed more than 1,500 Americans, finding that 45 percent of homeowners are planning to move during the 2020s. What is the motivation? At the top of the list is moving to a location with a lower cost of living, at 30 percent. Nearly as important to respondents (at 28 percent) is moving for better job opportunities. Other reasons include moving to be closer to their children (21 percent), retire (18 percent), be in a bigger city (12 percent), be in an area with better schools (9 percent), be closer to their parents (11 percent) and because they don't like their current area (16 percent).

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Congratulations to our Montague Miller & Co, Top Producers 2019!

Congratulations to our Montague Miller & Co, 2019 4th Quarter Top Producers!