Gary Pierpont Blog

Housing Bubble?

September 1, 2016 by garypierpontblog

Ron Insana, Senior Analyst and Commentator for CNBC is adamant that there is absolutely no national housing bubble. Read his op/ed, here.

 

Housing-Bubble

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Mortgage Applications Up 2.8%

September 1, 2016 by garypierpontblog

CNBC reports that that mortgage applications rose 2.8% last week from the week prior. Rates remain largely the same, but may adjust in one direction or other on Friday with the release of the August employment report. More, here.

 

Housing Rates Up

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[Video] Why You Should Buy Rental Real Estate

August 31, 2016 by garypierpontblog

Mark J. Kohler, has a 5-minute video and accompanying article for Entrepreneur magazine listing 5 reasons to buy rental real estate. More, here.

 

For Rent (3)

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Airbnb and Your Ability to Refinance

August 30, 2016 by garypierpontblog

Airbnb, the room-rental service, has caused some complications for hosts when refinancing their mortgage. If you currently rent out your living space through a rental-service, this article from the Wall Street Journal is worth a read.

 

54989954 - saransk, russia - march 23, 2016: photo of lg smartphone with airbnb logotype on the screen. selective focus.

54989954 – saransk, russia – march 23, 2016: photo of lg smartphone with airbnb logotype on the screen. selective focus.

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New Home Sales Reach 9-Year High

August 26, 2016 by garypierpontblog

Low mortgage rates continue to contribute to a stronger housing market. New home sales are at their highest point in 9 years, and there’s a nearly 32% improvement in sales for homes under $300k. More, here.

 

House_Money_Growth

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Easiest Cities to Obtain a Mortgage

August 25, 2016 by garypierpontblog

CNBC has a list of the U.S. cities where it’s easiest to get a mortgage. Detroit tops off at #1, with Miami, Cleveland, Las Vegas, and San Antonio on the other top 5 slots. More, here.

 

Detroit

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Is This the Best Time To Invest in Real Estate

August 24, 2016 by garypierpontblog

Jeff Reeves seems to think so. In fact, in his article for MarketWatch, Jeff posits that this is the best time in history for real estate investment. More, here.

 

16185676 - businessman creating his company concept

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3 Options for Retiring Without a Mortgage

August 23, 2016 by garypierpontblog

Retiring without a mortgage requires planning. Joe O’Boyle, writing for Money magazine, lists a few options, here.

 

Retire Ready

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Should You Make Extra Mortgage Payments?

August 22, 2016 by garypierpontblog

The Denver Post shares some valuable information on whether you should make extra mortgage payments. More, here.

 

Mortgage Application

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Should You Have a Partner in Real Estate Investment?

August 19, 2016 by garypierpontblog

Dennis Cisterna, writing for U.S. News and World Report, has a piece this week weighing the pros and cons of having a partner when investing in real estate. More, here.

 

Laptop_Investment Charts

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