The kids are headed back to the classroom and it got me thinking that a lot of adults could use some schooling as well. So much has changed in mortgage and real estate in the last few years and recent numbers from Black Knight Financial Services show evidence of housing market recovery:
- Home prices are up 5.3% year-over-year
- Prices as of June rose for the 50th consecutive month
Interest rates are still low, but a lot of young people grew up during a time of great real estate distress and haven’t experienced the strong markets that propelled the worth and wealth building of their parents. They also haven’t experienced the evolution of interest rates and how high they’ve been to know anything other than the “historic lows” we’ve had for years. They won’t last…it’s time to get schooled up on the current market and what’s involved in buying a home to make an educated decision as to whether homeownership is possible and the right decision for the long run. The GCS Title team and I work with many outstanding, experienced real estate and mortgage professionals who can “teach” you what’s involved in the process and “instruct” you on your options. We’re happy to introduce you! ~Charlie
Pokemon might be coming to your neighborhood. The app claiming to get gamers off the couch has sent them into the streets, roaming parks and other public places in a zombie-like state. Online real estate resource Trulia couldn’t resist getting into the game (and probably tapping the phenomenon for publicity) by creating a “cheat map” for enthusiasts that works like this according to Trulia’s senior public relations manager Andrea McDonald: “Assuming the Pokémon in Go are popping up based on the habitat they thrive in, we have tapped into our map making prowess to showcase the potential hotspots across the U.S. for Electric, Fire, Grass, Psychic and Water Pokémon types.”
Whether you’re looking to “catch ’em all” or for someplace to live, apps can be a great help. They don’t replace the expertise of great real estate agents though. We happen to know a lot of them and we’re happy to connect you. The GCS Title team also works really hard to make sure buyers and sellers don’t feel like they’re walking blindly through the closing process…we love being part of your home buying and selling experience. How can we help you? ~Charlie
If you read the team bios at gcstitle.com, you’ll notice themes: We all appreciate how every day in this business is different, we thrive on solving problems and we love helping people – not only buyers and sellers who are going through an important transaction that they only do a handful of times in their lives, but the Realtors as well. The 2016 National Association of Realtors member profile came out recently and I noticed that the median gross income for agents with 16 years of experience or more went up $4600 last year – great news for those seasoned pros. Not so great news was the fact that NAR members with two years of experience or less fell $600. Being self-employed and working on straight commission is challenging and we understand the importance of every client and transaction to the Realtors we work with and we consistently work to help agents and loan officers to develop business instead of simply asking them for it.
Closings and everything that goes into them is our business at GCS but we believe our role extends beyond that in the industry and beyond. We also work with our real estate and lending partners to reach out to the buying and selling public, participate in community events with Spare Key, support our veterans through organizations like the American Warrior Initiative. We believe we’re all in this together and we’re always looking for ways to support our partners and community. How can we help you? ~Charlie