Home – Buying / Selling
Since the housing bubble burst in 2008, property values have been steadily recovering across the country – but some cities are recovering faster than others. According to Kiplinger.com, a few top performers have seen double-digit property value percentage increases from 2011 to 2012. The cities each have populations of more than 500,000, and could be a good place to start looking if you’re in the market for an investment property – but keep in mind that property values can fluctuate quickly, so check real estate appraisal sites like Zillow.com for up-to-date information.
What was the last purchase you researched before buying? Was it a $50 toaster, or maybe a $200 smartphone? What about a $200,000 house?
Buying a house may be the most expensive purchase you ever make, and a little mortgage education can go a long way toward getting you a good deal. Here are a few mortgage terms you should brush up on before signing on any dotted lines.