by Mark Chaffee | Jan 19, 2021 | Mortgage Tips, Real Estate Market, Vermont Real Estate
The past year was a challenging one for many Americans, so it came as a surprise that the real estate market was such a bright spot. Mortgage rates fell dramatically while home prices and purchases increased, and this momentum is expected to continue into 2021. Here...
by Mark Chaffee | Sep 9, 2020 | Real Estate Market, Vermont Real Estate
A once-in-a-century pandemic may seem like a strange time to buy a home, but many Americans have decided the timing is just right. Driven by low mortgage rates, increased teleworking and changing priorities, home purchases have jumped recently. Here’s why so many...
by Mark Chaffee | Apr 12, 2018 | Financial Fitness, Mortgage Tips, Vermont Real Estate
Borrowers often ask me if they should purchase title insurance when buying a home. I always recommend that they speak with their attorney so as to make an informed decision. I have always purchased title insurance on the properties I have purchased as I am a believer...
by Mark Chaffee | Mar 7, 2018 | Housing Affordability, Owning Vs Renting, Vermont Real Estate
The economists at CoreLogic recently released a special report entitled, Evaluating the Housing Market Since the Great Recession. The goal of the report was to look at economic recovery since the Great Recession of December 2007 through June 2009. One of the key...
by Mark Chaffee | Feb 21, 2018 | Financial Fitness, Housing Affordability, Owning Vs Renting, Vermont Real Estate
According to the latest Aspiring Home Buyers Profile by the National Association of Realtors (NAR), 82% of surveyed renters desire to own a home in the future, with 80% believing homeownership is a big part of achieving their American Dream. The profile went on to...
by Mark Chaffee | Feb 13, 2018 | Financial Fitness, Housing Affordability, Owning Vs Renting, Vermont Real Estate
There are some people who have not purchased homes because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize, however, that unless you are living with your parents rent-free, you are paying a mortgage – either yours or your...