Is there a reason that articles like this would use the term “soaring” instead of “rising”? It’s true that in recent weeks mortgage rates have increased consistently, but it was only until the week ending February 19th that the 30 year average mortgage rate breached 3%, closing out at an a...
“We (I) tried to warn you.”-George OrwellOne of our very first blog posts was about what we considered to be the ultimate plan of real estate tech giant Zillow®. It pains us, but does not surprise us to say, we were right. As the real estate world continues to run on high octane, Zillow® is la...
You did not read the title wrong. The housing market added $2.5 trillion (with a “T”) in value in 2020, the largest jump since 2005 during the craziness that was brought on by another means entirely. Fueling this market are the very persons who were largely shut out of the last market after the ...
Even with historically low rates, some folks just need a slight push to be able to achieve the dream of ownership. For many, the creation of the 40 year mortgage was, and remains, just that. It’s exactly what it says it is, and the primary reason people looked to them was by extending the loan ove...
Well, it’s finally happening! While other 3-D printed prototypes have been made, this house in the small suburban town of Riverhead, located on Eastern Long Island, is laying claim to be the first available for public listing and sale. The 1,400 square foot home was done “printing” in about 2 ...
Over the years the story of the biggest obstacles for getting a mortgage and buying a home have remained pretty consistent, and they usually center around difficulty obtaining the down payment and/or some challenges with bad credit, or not enough credit. These more recent days it’s simply been mor...
“Off Market” properties have always been around, the challenge has been finding them and for many, then figuring out the best way to secure a successful transaction. With all of the technology available, sometimes good ol’ word of mouth is still the best bet, and with inventory being limited j...
If covid has done anything, it has helped the Fed push mortgage interest rates to all time lows and with the benchmark unscheduled to change they seem to want to stick around for the foreseeable future. Before hitting “ENTER” on one of those online services to inquire and shop for the best refin...
Ideas that help people attain what used to be commonly referred to as the “American dream” is always one that we tend to agree with. As with life, everything has a price and this first-time homebuyer tax credit is no different. The primary question goes something like this; if there’s going to...
If you like Real Estate and you like Notifications, then take a look at the ONLY two types we send out from PropertyGuerilla.com.If you post an anonymous Want To Buy on the site and you want to be notified that there’s a response in your dedicated mailbox, we gotcha covered. If you want to be noti...
Yes, remote work offers many advantages, but a little known condition known as “felinekeyboarditis” has become rampant! Symptoms typically arise when you’ve been at the keyboard for an extended period and a certain someone feels somewhat neglected, or when it’s a little cool inside and it’...
How many times have you been told “Well, it’s a good news bad news thing we’ve got here…”? Just two months ago the National Association of Home Builders (NAHB) Fair Housing Market Index set a record with a score of 90 after being stuck at or around 75 before the pandemic struck. In January...
At some point nearly everyone had that piece of gym apparatus that became a clothes drying rack, a storage shelf, or somehow morphed in to a piece of modern art. And then came covid. Even with the vaccine rollout and treatment options getting better as we learn more about that literally every day, i...
Every once in a while we like to give ourselves a pat on the back, not vey often, but in this case we feel like we’ve earned it. Long before the phenomenon we all now know as “covid” we wrote about another potential phenomenon. Yep, you guessed it…build-to-rent. The concept is the same as ap...
What’s this? A common sense approach to a critical, and often cumbersome part of a real estate transaction, the appraisal. Ahead of their “coming out party” on Wall Street, United Wholesale Mortgage (UWM) is now rolling out their “Appraisal Promise” program which, in short, states that if ...
Well as 2021 begins, the same problems that plagued 2020 are still present in the real estate market; more demand than supply and low rates keeping prices high. Now a once formerly “hard to imagine” scenario is regularly discussed…once a Seller has accepted an offer, can a higher offer then be...
Here at PropertyGuerilla.com, one of our goals besides offering a direct conduit for communication between all interested real estate parties is to also be a conduit of information, and offer clarity whenever possible. There’s no doubt the terms in the supporting article are super important, espec...
Well, here we are in 2021 and it seems that this age old question keeps resurfacing about going it alone when buying a home or property. We’ve addressed this before and the conclusion is the same…it depends on the person; Buyer, Investor, or whomever and their ability to deal with the complexity...
Like every story, there are two sides to every one including the one surrounding real estate in 2020. Early predictions for the fate of real estate when the pandemic became “real” in early March were dire, yet the exact opposite happened due to some swift Government action resulting in historica...
We’ve said it before and we’ll say it again, buying and selling real estate is complicated, cumbersome, and is not as as they make it look on television! In many States, particularly in the south, southwest, and western areas of the United States it is commonplace for Buyers and Sellers NOT to u...