Rummy Dhanoa's (rummyyonkers) Blog

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Real Estate Broker/Owner - Rummy Dhanoa Real Estate Experts

ARCHIVED BLOG POSTS

2018 

One of the biggest misconceptions about buying a new home is that "you will need over 20% for down payment". It is the same reason why a huge number of potential first-time homeowner held back and took on extra jobs. As some were successful in making their dream a reality, some are still hustling...
11/29/2018
Rumor has it that females are more eager, able and willing to buy homes than males do. We are curious to find out if this claim holds ground. We've gathered reports from one of the leading and trusted experts and this is what we found out.In 2018, for the second year in a row, single female buyer...
11/28/2018
Although it is a common knowledge that putting your home for sale during the holiday season would prove profitable, there are still few people who are hesitant and could not find a good reason to sell. How about we give you seven (7). Relocation buyers are out there. Many companies are still hiri...
11/27/2018
Often times when we talk about home affordability, we always mention mortgage rate increase and inventory as the key drivers. This time, we are bringing in a new player in the game that will change the way we look at home affordability. Although this may vary on a case-to-case basis, this is stil...
11/21/2018
Contrary to the majority's beliefs, homes sold in the third quarter of 2018 has been marked as one of the highest average price gains for years. This is great news for homeowners who are yet to take advantage of the home price appreciation. Let us take a closer look. According to a recent report ...
11/20/2018
Many homeowners fear that home price increase will make it difficult for them to afford or at the very least find a home, they want to buy. Thus, they renovate. However, is it more cost effective to renovate than sell your existing home to purchase a new one? Let us look at what homeowners have t...
11/19/2018
If you're into real estate news, you're probably aware that supplies have gone up again balancing the scale between supply and demand. Most of the inventory that helped make this happen came from newly constructed homes. If you're thinking of buying a brand new home, here are some tips you ought ...
11/16/2018
When the demand is high, it is normal to expect that the supply will dwindle at some point in time. It is safe to say that this phenomenon will open opportunities for prices to be pushed up giving sellers an edge. On the other hand, an increase in supply does not necessarily equate to a dip in de...
11/15/2018
Are you one of the millions of aspiring homeowners who are having second thoughts? Are you afraid that you will be required to shell out a huge chunk of the home's total price as down payment? Do you hesitate because of your credit score? If your answer is yes, then you might be amazed and surpri...
11/13/2018
With drastic events in the real estate industry like the mortgage interest rate increase this year, it's not uncommon for one to wonder what the future has in store for us. Sources: Mortgage Bankers Association (MBA) - As the leading advocate for the real estate finance industry, the MBA enables ...
11/09/2018
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