All Posts in Tag: financing

Man with cane looking down the road. Ageing in place.

Aging in Place – How is it Changing?

We’ve all heard of the ‘silver tsunami,’ baby-boomers retiring en masse, and the movement is well under way. Employers are still struggling with how to deal with the turnover in talent, even though they knew it was coming. It’s affecting every industry. Once retired, these baby boomers are left to contemplate how and where they…

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It bears repeating…

I posted this about a month ago, but just had a presentation to a Seller yesterday and pulled this up as an example. Because they are so low, interest rates have a greater impact on affordability than either appreciation or depreciation factors at this point. Every 1% change in interest rate impacts affordability by 11%….

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February Financing Updates

Good news for our local market! For those of you that do not follow me on Twitter, here is a recap of financing changes over the last week designed to help move some inventory. Last Friday, Jan 29th, Fannie Mae announced it would pay up to 3.5% of Buyers closing costs for purchases of foreclosed…

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