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Serving Chapel Hill, Durham, Raleigh, Greensboro, Wilmington, Charlotte, Morehead City and all of North Carolina.

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Understanding Automated Underwriting and How It Impacts the Mortgage Application Process

July 28, 2016 by Robby Oakes

From the time you’ll have to wait to the documentation that is required, here are some of the details on what you can expect when dealing with an automated underwriter.

Filed Under: Home Mortgage Tips Tagged With: Home Mortgage Tips, Mortgage, Mortgage Approvals

Case-Shiller: Home Price Growth Slows in May

July 27, 2016 by Robby Oakes

According to the S&P Case-Shiller 20-City Home Price Index, home price growth in May dropped to a seasonally adjusted annual rate of 5.20 percent as compared to April’s reading of 5.40 percent. Analysts said that low mortgage rates continue to support housing markets, but also noted that affordability due to rising home prices is sidelining some would-be buyers. High demand for homes coupled with slim supplies of available homes have driven prices up for months; analysts said that “tentative signs” of slower gains in home prices were seen.

Filed Under: Mortgage Rates Tagged With: CaseShiller, New Home Sales, Rising Rents

3 Money-Smart Reasons To Downsize Your Home

July 26, 2016 by Robby Oakes

Living big isn’t necessarily living better. Apartment buildings, townhouses and multiplexes have become the new normal for increasing numbers of individuals, couples and families. It’s clear that for many people, smaller spaces are smarter, too.

Filed Under: Real Estate Tips Tagged With: Home Seller Tips, Real Estate Tips, Selling a Home

What’s Ahead For Mortgage Rates This Week – July 25, 2016

July 25, 2016 by Robby Oakes

Last week’s economic news included readings on builder confidence in housing market conditions, housing starts, building permits issued and existing home sales. Weekly reports on mortgage rates and new jobless claims were also released. The National Association of Home Builders reported that home builder confidence fell one point in July to 59 as compared to an expected reading and June reading of 60. Builders again cited shortages of buildable lots and labor.

Filed Under: Mortgage Rates Tagged With: Existing Home Sales, Mortgage Rates

How to Sell Your Home Quickly in a Buyer’s Market

July 22, 2016 by Robby Oakes

Everyone wants a place to call home, but that doesn’t guarantee that homeowners will have an easy time selling their properties. Making sales depend on more than just curb appeal or the popularity of open houses.

Filed Under: Home Seller Tips Tagged With: Home Seller Tips, Selling a Home, Staging

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Robby Oakes


Robby Oakes

CIMG Managing  Director
NMLS# 91606

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