Rick Skogg's Blog Posts

Late Mortgage Payments Hit Record Low

Part of shopping for a house to buy is calculating whether or not you'll be able to comfortably afford the monthly mortgage payment. Nobody wants to buy a house that causes them financial stress. So

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Rising Share Of Americans Say It's A Good Time To Buy

Determining when it's a good time to for you to buy a house means thinking about things like market conditions, your life goals, job security, and personal finances. That's why Fannie Mae's monthly

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Housing Market Outlook Now Rosier

At the end of last year, the housing market looked like it might stall. Higher home prices and rising mortgage rates were making affordability conditions more challenging for buyers, especially-

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Homeowners With Equity Influence Renters To Buy

It's hard not to be influenced by your family and friends. After all, their opinions hold more weight because you trust them. When someone you love recommends something, you're probably more likely

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Recent Buyers Reveal Biggest Wish List Regrets

There's a reason they're called wish lists. After all, home buyers can't expect to get every single thing they want in a house unless they have one custom built. Which is to say, you're,,

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Moderating Mortgage Rates May Spur Buyer Interest

Calculating your readiness to buy a house involves a lot of different factors. Among them, though, financial considerations and affordability are usually near the top of the list. Things like home

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What Do Americans Think About Real Estate?

Americans value homeownership. It has long been seen as part of achieving the American dream and, when asked, large majorities of those who don't currently own a home say they'd like to one day. In

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Home Price Increases Continue To Slow

Naturally, home prices are important to home buyers. When they're high, you get less house for your money. And, if you're a buyer, you're most likely trying to get as good a deal as you can. That's

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Summer Is The Best Time To Sell A Home

According to the popular Christmas song, the holidays are the most wonderful time of the year. But not if you're trying to sell a home. After all, winter is typically not the time home buyers go out

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The Where And Why Of Millennial Moves

Where and how you live has a lot to do with your job and money. After all, if money were no issue, you'd likely have a far different list of priorities when it came time to buy a house. But since

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Median home sales price in Brown County ignores sluggish sales and low inventory in first quarter

Wisconsin home sales significantly fell in March by about 14.1% compared to March of 2018.  The sluggish sales and the continued decline of home inventory on the market put pressure on home

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Half Of Homes Sold In Under A Month In March

The spring home sales season is underway and there's no better proof than new numbers from the National Association of Realtors. According to their most recent existing home sales report, 47 percent

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Realtors Say Buyers Want Green Homes

When it comes time to decide what type of home you want to buy, there's a lot to go over. Beyond even the financial considerations, prospective home buyers have to make choices about the style of

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Market Outlook Sees Stability Ahead For Housing

Fannie Mae's Economic and Strategic Research Group releases a monthly forecast detailing what lies ahead for the economy and housing market. And though their most recent release says the overall

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Home Shoppers Are Ready For Renovations

In a perfect world, we'd all be able to buy a home that fulfills our wish list, is in great condition, and already has our preferred fixtures, features, and finishes. Of course, that isn't the way

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Millennial Borrowers Close Loans In 44 Days

After finding a house to buy and having your offer accepted, the home buying process really kicks into gear. There are several steps that have to be cleared before a pending sale is completed and

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The Number Of Homes For Sale Is Increasing

There are many ways to gauge the housing market. You can follow home prices and mortgage rates, buyer traffic and sales, new home construction, or access to credit. But, if you're a potential home

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How Much Do Sellers Spend On Home Improvement?

The typical home seller lives in their house for more than a decade before they put it up for sale. And during that 10 years, there are probably a few things they let go. So it's no surprise that

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How Much Of Your Money Should Go Toward Housing?

No matter how much money you have, you still have to make choices about how to spend it. Spending too much on one thing means not having as much for another. This is simple budgeting. And, since

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What Are The Best Cities For Dogs?

There's a long list of things you need to consider when looking for a house to buy. Whether it's the size of the kitchen, the number of bedrooms, or just what condition its in, there's no shortage

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Younger Buyers Buying More Multi-Generational Homes

Where you are in life will determine what type of home you shop for when it comes time to buy a house. For example, first-time home buyers – because they tend to be younger and at the

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Majority Of Buyers Say Prices Have Hit Their Peak

As home prices have recovered over the past several years, prospective buyers have become increasingly concerned about affordability conditions. After all, buying a home is a major financial

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Which Home Projects Bring The Biggest Return?

If you're a prospective home seller, you're probably thinking about upgrades, renovations, and remodeling projects. Making your home appealing to buyers is important when it's time to sell. But how

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Home Sales Surge In February, Up Nearly 12%

New numbers from the National Association of Realtors prove home buyers are excited to get the spring season started. With a nearly 12 percent increase in the number of previously owned homes sold

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Spring Home Buyers Expect Less Competition

Last year, the big housing market story was the lack of homes for sale. With inventory down in most markets, home buyers had a lot of competition for the houses that were available. But, since then,

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The How And Where Of Baby Boomer Debt

Debt is an issue for many Americans. From student loans to credit card balances, there are a lot of things we're trying to pay off. But while the financial struggles of millennials are well known,

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Rent Increases At Fastest Pace In 10 Months

For many Americans hoping to make a move, the decision to rent or buy comes down to affordability. It isn't the only factor, of course. Depending on your job and lifestyle, there may be other

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Mortgage Lenders Say Credit Standards Are Easing

If you're doing it right, the first step in your home-buying process will be talking with your lender. Your mortgage lender is the one who will be able to tell you whether or not you'll be able to

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Many Buyers Opt For A Smaller Down Payment

For many Americans, coming up with a down payment to buy a house is the only barrier keeping them from pursuing homeownership. In fact, according to one recent survey, 40 percent of respondents said

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