Category: Real Estate

You Can Never Have TMI about PMI

You Can Never Have TMI about PMI

When it comes to buying a home, whether it is your first time or your fifth, it is always important to know all the facts. With the large number of mortgage programs available that allow buyers to purchase a home with a down payment below 20%, you can never have Too Much Information (TMI) about Private Mortgage Insurance (PMI).

購買一棟房屋時,無論是您第一次購屋或是第五次購屋,知道所有的事實總是重要的。目前有大量的房屋貸款計劃允許買家以低於20%的頭期款來購買房屋,多知道一點資料(TMI)有關私人房貸保險(PMI)是有益的。

What is Private Mortgage Insurance (PMI)?
什麼是私人房貸保險(PMI)?

Freddie Mac defines PMI as:
Freddie Mac將PMI定義為: (more…)

A Lack of Listings Remains ‘Huge’ Challenge in the Market

A Lack of Listings Remains 'Huge' Challenge in the Market

The housing crisis is finally in the rearview mirror as the real estate market moves down the road to a complete recovery. Home values are up, home sales are up, and distressed sales (foreclosures & short sales) are at their lowest mark in over 8 years. This has been, and will continue to be, a great year for real estate.

住房危機終於隨著房地產市場的徹底復甦而被拋在腦後,房屋價值上漲,房屋銷售量上漲,不良銷售房屋(銀行屋和短期銷售屋)為8年內最低點,今年是,並將持續是,房地產市場大好的一年。

However, there is one thing that may cause the industry to tap the brakes: a lack of housing inventory. According to the National Association of Realtors (NAR), buyer traffic and demand continues to be the strongest it has been in years. The supply of homes for sale has not kept up with this demand and has driven prices up in many areas as buyers compete for their dream home.

然而有件事可能會導致市場踩剎車:缺乏出售房庫存。根據全國房地產經紀人協會(NAR)指出,買家的流量和需求仍然是近年來最強大的,但出售房屋的供應並沒有跟上這需求,導致房屋價格高漲,買家們買屋的競爭激烈。 (more…)

Why Waiting Until After the Holidays to Sell Isn’t a Smart Decision

Why Waiting Until After the Holidays to Sell Isn’t a Smart Decision

Every year at this time, many homeowners decide to wait until after the holidays to put their homes on the market for the first time, while others who already have their homes on the market decide to take them off until after the holidays. Here are six great reasons not to wait:

每年這個時候,許多屋主決定等到年底節日假期之後再開始賣房子,或是有些房屋已經在市場上出售的屋主決定暫時不賣了,等到假日之後將再次出售。以下是不應該這麼做的六個重要原因: (more…)

The Truth About Housing Affordability 有關房屋負擔能力的事實

The Truth About Housing Affordability

From a purely economic perspective, this is one of the best times in American history to buy a home. Black Night Financial Services discusses this in their most recent Monthly Mortgage Monitor.

從純粹的經濟角度來看,目前正是美國歷史上買房的最好時機,黑夜金融服務公司在其最新的月度利率監控報告中討論這一點。

Here are two of the report’s revelations:
以下為報告中兩個重點:

  1. The average U.S. home value increased by $13,500 from last year, but low interest rates have kept the monthly principal & interest payment needed to purchase a median-priced home almost equal to one year ago.
    美國的平均房價比去年增加了$13,500美元,但低利率使得購買房屋所需的每月房貸幾乎與一年前相同。
  2. Home affordability still remains favorable compared to long-term historic norms.
    與長期的歷史規範相比,購買房屋的負擔能力仍然是對買家有利的。

The report explains:
報告解釋: (more…)

The Dangers of “Tight Mortgage Credit” Headlines

The Dangers of “Tight Mortgage Credit” Headlines

The availability of mortgage credit is not at the same level that it was during the boom in housing (2005), and that’s good news. However, the constant headlines which talk about “tight credit” are causing some potential home buyers to doubt their ability to purchase. We want to rectify the misconception of what is required for a down payment in order to purchase a home in today’s market.

房屋貸款的可得性與2005年房地產市場情況大不相同,這是個好消息,然而,許多談論“信用緊縮”的標題報導,卻誤導了購屋者懷疑自己的購買能力,讓我們來糾正對於在目前市場中購買房屋所需頭期款的誤解。

Freddie Mac recently discussed the confusion many first-time homebuyers have about the down payment they need in order to buy:

Freddie Mac最近討論了許多首次購屋者對於購屋所需頭期款的混淆觀念: (more…)

It’s Not Always Marriage Before Mortgage 不一定要先結婚再購屋

It’s Not Always Marriage Before Mortgage

There are many people sitting on the sidelines trying to decide if they should purchase a home or sign a rental lease. Some might wonder if it makes sense to purchase a house before they are married and have a family. Others may think they are too young. And still, others might think their current income would never enable them to qualify for a mortgage.

有很多人正在考慮是否該買房子還是租房子,有些人可能想知道在結婚生子前購屋是否有意義,也有些人覺得自己太年輕,更有些人認為當前收入絕對沒辦法拿到房屋貸款。

We want to share what the typical first-time homebuyer actually looks like based on the National Association of REALTORS most recent Profile of Home Buyers & Sellers. Here are some interesting statistics on the first-time buyer:

根據國家房地產經紀人協會最近的房屋買家和賣家檔案,讓我們來分享典型的首次購屋者資料,以下為首次購買者一些有意思的統計: (more…)

NAR Reports Show Now Is a Great Time to Sell! NAR報告指出現在正是售屋好時機!

NAR Reports Show Now Is a Great Time to Sell!

We all realize that the best time to sell anything is when demand is high and the supply of that item is limited. The last two major reports issued by the National Association of Realtors (NAR) revealed information that suggests that now continues to be a great time to sell your house.

我們都知道,出售任何東西的最佳時機是當需求高且供應量有限的時後,全國房地產經紀人協會(NAR)最近發布的兩份報告顯示,現在正是賣房子的好時機。

Let’s look at the data covered by the latest Pending Home Sales Report and Existing Home Sales Report.

讓我們來看看最新的待售房屋銷售報告和現有房屋銷售報告所涵蓋的數據。

THE PENDING HOME SALES REPORT
待售房屋銷售報告

The report announced that pending home sales (homes going into contract) are up 2.4% over last year, and have increased year-over-year now for 22 of the last 25 consecutive months.

該報告宣布,待售房屋(已簽訂合同的房屋)與去年相比增長2.4%,這是在過去25個月份中持續第22個增長的月份。

Lawrence Yun, NAR’s Chief Economist, had this to say:
NAR的首席經濟學家Lawrence Yun表示: (more…)

Think All Millennials Live in Their Parent’s Basement? Think Again!

Think All Millennials Live in Their Parent's Basement? Think Again!

According to the Census Bureau, millennials have overtaken baby boomers as the largest generation in U.S. History. Millennials, or America’s youth born between 1982-2000, now represent more than one quarter of the nation’s population, totaling 83.1 million.

根據人口普查局調查,千禧代人口超越了嬰兒潮代人口,是美國歷史上最大的一代。千禧世代美國的年輕人出生於1982-2000年之間,現在佔據了全國人口的四分之一以上,總計8,310萬人。

There has been a lot of talk about how, as a generation, millennials have ‘failed to launch’ into adulthood and have delayed moving out of their family’s home. Some experts have even questioned whether or not millennials want to move out.

有很多人在談論,千禧世代如何“遲緩”成年,延遲離開父母的家,一些專家甚至懷疑千禧世代是否根本不想搬出父母家。

The great news is that not only do millennials want to move out… they are moving out! The National Association of Realtors (NAR) recently released their 2016 Profile of Home Buyers and Sellers in which they revealed that 61% of all first-time homebuyers were millennials in 2015!  

好消息是千禧世代不但想要搬出父母家… 他們正在搬出中!全國房地產經紀人協會(NAR)最近發布了2016年房屋買家和賣家資料,報告透露在2015年中所有首次購屋者中有61%為千禧世代! (more…)

How Long Do Families Stay in a Home? 一棟房子住多久?

How Long Do Families Stay in a Home?

The National Association of Realtors (NAR) keeps historic data on many aspects of homeownership. One of the data points that has changed dramatically is the median tenure of a family in a home. As the graph below shows, for over twenty years (1985-2008), the median tenure averaged exactly six years. However, since 2008, that average is almost nine years – an increase of almost 50%.

全國房地產經紀人協會(NAR)保存了有關住屋的許多歷史數據,發生巨大變化的數據之一是一個家庭在一棟房屋居住年數的平均值。如下圖所示,超過二十年(1985 – 2008年)平均居住年數為六年,然而自2008年以來,平均居住年數為9年,增長了近50%。

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Why the dramatic increase?
為什麼年數增加這麼多?

The reasons for this change are plentiful. The top two reasons are:
造成這個變化的原因很多,最主要的兩個原因是: (more…)