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Let There Be Light! 3 Easy Ways to Make over a Room by Adding New Light Fixtures

January 2, 2015 by Robby Oakes

Light is an important design element that can be used to influence your interior decor in a number of ways. In fact, you can experience a major transformative change on the overall style and ambiance of a room by making a few simple lighting changes.

Filed Under: Around The Home Tagged With: Around The Home, Home Maintenance, Upgrades and Renovations

Looking for Luxury? How to Upsize Your Next Home Without Upsizing Your Costs

December 31, 2014 by Robby Oakes

Size matters when you are buying a new home. Whether you plan to expand your family, need more room for your stuff, or are concerned with resale value, you want to get the most space for your money.

Filed Under: Home Buyer Tips Tagged With: Buying a Home, Home Buyer Tips, Real Estate Investing

You Ask, We Answer: What is Private Mortgage Insurance or ‘PMI’ and How Does It Work?

December 30, 2014 by Robby Oakes

For many homeowners, their mortgage payment contains more than just principal and interest. A little something called PMI could be representing a significant portion of that payment, and it’s important for home buyers to understand this cost.

Filed Under: Home Mortgage Tips Tagged With: Home Mortgage Tips, Mortgage Insurance, Mortgages

What’s Ahead For Mortgage Rates This Week – December 29, 2014

December 29, 2014 by Robby Oakes

Last week’s economic news included several housing related reports. Housing markets continue to cool as November reports on existing and new home sales fell below expectations. New Jobless claims were lower than expected by 10,000 claims.

Filed Under: Market Outlook Tagged With: Case Shiller, FHFA, Market Outlook

Existing Home Sales Dip to Lowest Level since May

December 24, 2014 by Robby Oakes

Sales of existing homes dropped to a seasonally-adjusted annual rate of 4.93 million as compared to expectations of a 5.18 million existing homes sold. Projections were based on October’s reading of 5.25 million.

Filed Under: Market Outlook Tagged With: Existing Home Sales, FHFA, National Association of REALTORS

Are You Applying for a Reverse Mortgage? Here Are 3 Considerations You’ll Need to Make

December 23, 2014 by Robby Oakes

If you’re a homeowner who is looking to tap in to the home equity that you’ve spent years building you may be interested in a “reverse mortgage” or “home equity conversion mortgage”. Let’s take a closer look at how reverse mortgages work, including how to qualify, what happens to your existing mortgage and what a reverse mortgage might cost.

Filed Under: Home Mortgage Tips Tagged With: Home Mortgage Tips, Mortgages, Reverse Mortgages

What’s Ahead For Mortgage Rates This Week – December 22, 2014

December 22, 2014 by Robby Oakes

Last week’s scheduled economic events were few but informative. Housing related reports included the National Association of Home Builders/Wells Fargo Housing Market Index for December, which stayed close to a nine-year high reading of 59 in September. December’s reading was 57 and fell two points shy of the expected reading of 59.

Filed Under: Market Outlook Tagged With: FOMC, Freddie Mac, Market Outlook

Don’t Be That Guy or Gal: 3 Easy Ways to Ruin Your Relationship with Your Real Estate Agent

December 19, 2014 by Robby Oakes

In today’s blog post we’ll share three easy ways that you can ruin the trust and rapport that you’ve built with your real estate agent – and how to avoid doing so.

Filed Under: Real Estate Tips Tagged With: Home Buyer Tips, Home Seller Tips, Real Estate Tips

FOMC Statement: No Year-End Surprises

December 18, 2014 by Robby Oakes

The Federal Open Market Committee (FOMC) said in its last statement for 2014 that although economic conditions have improved at a moderate pace, the Fed believes that the target federal funds rate of between 0.00 and 0.25 percent remains “appropriate.” While labor markets show expanding job growth and lower unemployment rates, FOMC members noted that housing markets are recovering slowly.

Filed Under: Market Outlook Tagged With: Federal Reserve, FOMC, Market Outlook

Home Builder Index Stays Near Nine Year Peak

December 16, 2014 by Robby Oakes

Home Builder Sentiment slipped to a reading of 57 in December according to the National Association of Home Builders Housing Market Index. November’s reading of 58 prompted analysts to project a reading of 59 for December. The latest reading marks the sixth consecutive month for readings above 50.

Filed Under: Housing Market Tagged With: Housing Market, Market Outlook, NAHB

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Robby Oakes


Robby Oakes

CIMG Managing  Director
NMLS# 91606

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