Blog

As for the Fort Wayne economy and real estate for 2016, what should we expect next year? Douglas M. McCoy writing for the Indiana Business Review says, “Consumer confidence, job growth and low interest rates are the primary drivers that bring potential homebuyers to the housing market. Considering these factors, along with an important projected […]

Sara Wagner at Wane.com wrote, “Wednesday afternoon, the Federal Reserve announced it is raising rates, its short-term interest rate, by a quarter to a half percent from essentially zero. It hasn’t raised rates since 2006 when the financial crisis started, and those have held steady at nearly zero percent since 2008. “Local financial expert Greg Reynolds, president of Reynolds […]

When you know that you are going to be inheriting a house, nothing has to be done immediately. You and siblings will have a lot of different emotions and memories about the home. Think about what the home means to each of you. Some may want to sell and split the proceeds immediately. Others may […]

Last week we covered downsizing and looked at the trend to Tiny houses. If you have downsized already, and your new home feels small, try hiring an interior designer for ways to make your house look and feel bigger. We thought we might look at the things interior designers do to make small houses look […]

Of all the reasons to sell house Fort Wayne,  the Four Ds dominate. The four Ds are Death in a family, too much Debt, Downsizing in Fort Wayne after the kids leave home, and Divorce. We hadn’t thought too much about downsizing in Fort Wayne until a friend’s mother decided to sell the big house after her husband […]

Should we renovate before we sell?  Eddy Lang, founder and CEO of Housefax, writing at INMAN says, “Baby boomers who are thinking of moving are no doubt wondering how they can get top dollar for their current home. Whether they are retired and on a fixed income or experiencing sticker shock when shopping for a […]

Upstar has just released the latest information about the housing market for Indiana for October. The report states, “Transitory periods in the market are common this time of year, and after a persistent period of steady year-over-year climbs in sales metrics, recent low national numbers have not fulfilled what many predicted. But on a positive […]

Amazing! Potential home buyers want down payment protection. They are reluctant to buy a home for fear that their down payment could be lost if they sell their house in a few years, according to a recent online survey conducted by Harris Poll. Amy Swinderman, staff writer at INMAN says, “Saving for a down payment […]

Low FICO credit scores have been the basis for the highest level of consumer loans for houses and cars since the start of the financial crisis. These are by definition sub-prime loans. Equifax defines subprime borrowers as those with a FICO credit scores below 640 on a scale that tops out at 850. What are […]

How to avoid foreclosure; answer these questions with a No! Are you are having difficulty paying the mortgage payment on time? Do you have very little savings for emergencies? Do you use credit cards to get to the next pay day? Are you only paying the minimum on your credit cards? Are you neglecting doctor […]