Leigh Moore

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U.S. house prices to rise on strong demand and shortage of homes

© Reuters. FILE PHOTO: A woman holds a piece of paper advertising a home for sale in Santa Monica<p>By Hari Kishan and Rahul Karunakar<p>BENGALURU …

Existing home sales plummet as supply shortages persist

Single-family home sales in the West and Midwest show the largest drops<p>Most of the housing market’s ills can be traced to one cause—there simply aren’t enough homes for sale to satisfy demand. It’s driving home prices and rents up, affordability down, and according to new data from the National …

Real Estate

This Is How Much Money You Should Have in Savings at Every Age

And the steps that will get you there.<p>Are you falling behind? Ellevest recently talked to 1,000 women about their money—and their lives. Based on the …

Retirement

Buying a Home in 2018? Here's What You Need to Do Now

Peace out, landlords! In the year 2018, you've resolved to purchase your own home. Whether you're gunning for chic city condo or quiet house in the …

Myth vs. Fact: Homeowner Deductions

MYTH<p><i>This plan gets rid of deductions for homeowners.</i><p>FACT<p>For current mortgage borrowers, <b>absolutely nothing is changing with your mortgage-interest</b> …

Personal Finance

I Almost Missed Out On My Dream Home Because Of One Tiny Mistake

<i>This story originally appeared on LearnVest as “The Financial Mistake That Almost Cost Me My Dream Home.”</i><p><i>We all remember our first time … reaching a big financial goal. The planning! The stress! The self-doubt! And then, finally, that massive sense of accomplishment (and relief). In our “My First</i> …

10 questions you probably have about buying a home

Thinking about buying a home? It can feel like an intimidating process and you probably have about a million and one questions about this big step. …

Personal Finance

Can first-time buyers snag an ‘affordable’ home?

<b>Around 41,000 new homes were built under the government’s affordable housing drive last year – but less than 11,000 were put on the market for</b> …

Why the next 10 years in property will be different to the last 10

At your next barbecue will your friends and neighbours be boasting about how much money they've made in property, or shares?<p>Still likely the former, …

How to buy a home without a mega down payment

For cash-strapped Millennials, saving for a down payment on a home can be downright daunting.<p>If a traditional 20% down payment sounds out of reach, you'll be happy to know that some mortgages will allow you to put down as little as 3.5% of your home's purchase price.<p>But there's a catch. Putting …

3 Important Changes to Fannie Mae Mortgage Loans

If you're shopping for a mortgage, these changes to Fannie Mae's rules could help you.<p>Fannie Mae is a government-sponsored organization that rose out …

The 7 biggest mortgage mistakes to avoid

A mortgage is the biggest debt most of us will ever carry, and a home is the most expensive purchase we will ever make.<p>That's why it's so important …

Never Put These Expenses on a Credit Card

You might be surprised by what you can -- and shouldn't -- charge.<p>Credit cards can't be more convenient. Any time you want to pay for something, you …

Is an Interest-Only Mortgage Ever a Good Idea?

Interest-only mortgages make it easier to afford to get into the home of your dreams, but they have some serious risks.<p>Survivors of the Great …

Real Estate FAQ's

<b>WHAT IS, AND HOW DO I EXECUTE A 1031 EXCHANGE?<br>WILL IT HELP ME AVOID TAXES?</b><br>Here’s a lengthy primer on the 1031 exchange.<br>Basically, the 1031 exchange …

Personal Finance

Santa Clarita Living Vs. San Fernando Valley Living

en_US<p>What are the pros and cons of Santa Clarita Living Vs. San Fernando Valley Living?<p>Leigh Moore Realtor<p>article<p>en_US<p>What are the pros and cons of …

San Fernando Valley

How to find a starter home in a hot housing market

An overheated real estate market is never good news for buyers in search of a budget-friendly starter home.<p>But thanks to increased confidence in the economy, leading more people to make large purchases like new homes, that’s exactly the type of real estate market 2017 is ushering in.<p>According to a …

Real Estate

The 28/36 Rule: How It Affects Your Mortgage Approval

Here's how the 28/36 rule affects your ability to get a mortgage to buy a home, plus some tricks for getting the biggest mortgage you can afford.<p>Want …

What are all of these special contingencies in the offer?

<b>Understanding the Real Estate Process from A – Z – A Seller’s Guide to Real Estate – Part 8</b><p>This is the eighth post of a series in an FAQ format that …

Guild Mortgage launches nationwide 1% down mortgage program

<b>Guild Mortgage</b> announced a new, nationwide 1% down mortgage product to cater to the upcoming surge in Millennial homebuyers.<p>To make the down payment …

Buying Your First House: Starter Home or Forever Home?

If you’re a first-time home buyer, you may be wondering: Should you purchase a small starter home to get into the market now, knowing you may grow …

Real Estate

My Whole Foods Real Estate Rule

Income properties near a Whole Foods are a safe bet, and other guides for investing.<p>Opinions expressed by <i>Entrepreneur</i> contributors are their own.<p>Some people have certain criteria when they search for real estate deals, such as a 6 percent or 7 percent cap rate, or that each unit has to be under …

Ooh, I Like That. What's That Called?

10 questions you should always ask when buying a house

<b>Buying a home can be a daunting experience and knowing the right questions to ask can be confusing.</b><p>It's important that buyers can make an informed …

Los Angeles condo comparison: What $400K buys you around LA

It’s just enough for a tiny studio in West Hollywood<p><i>Welcome to</i> <i>Curbed Comparisons</i><i>, where we explore what you can rent or buy for a certain dollar amount in various LA 'hoods. We've found five condos within $10,000 of today’s price: $400,000.</i><p>↑At 431 square feet in size, this West Hollywood condo is …

It's Official: Americans Are Obsessed With Ranch Homes

They're the most popular style of home in Texas, Georgia, Virginia, New York and 30 other states.<p>Of all the home styles out there — Victorian, modern, colonial, and more — one type surpasses the rest in popularity and prevalence in the United States, and given its American origins, it might come as …

Real Estate

How real-estate TV shows determine what buyers look for in a house

Here’s a new drinking game for HGTV fans, courtesy of Drew Scott, a real estate expert and one half of the set of twins who host the show “Property …

These 5 decor items instantly cheapen a property for sale

Few real estate agents (and house hunters) can argue the impact a well-styled home has on boosting a property's value.<p>While not every seller has the …

Getting a mortgage approval could be easier than you think

So what does it take to get approved for a mortgage to buy a house this summer, whether you're a first-timer, planning to move up or downsize? Maybe not all that you think.<p>For most people, the key requirement is that you've got the right package — acceptable credit score, down payment, financial …

Millennials Are Buying Homes Because of Their Dogs - Not Their Children or Marriages

They want a better yard for their best friend<p>It’s no secret that millennials love dogs and now their four-legged friends are starting to influence …