Rummy Dhanoa's (rummyyonkers) Blog

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Real Estate Broker/Owner - Rummy Dhanoa Real Estate Experts
RECENT BLOG POSTS
How can owning a home be beneficial for you financially? To some, the thought would seem counter-intuitive, but unknown to many, a homeowner's net-worth is forty-four times greater than that of a renter.Federal Reserve survey of Consumer Finances revealed that the median net worth of a homeowner ...
10/26/2018
Despite the popularity, it's hard to believe that there are still a few brave Americans out there that's out of the loop on the information circle on their benefits. Let's extend a helping hand to make sure all of them get these well-deserved benefits for themselves. If you are a veteran or you k...
10/25/2018
It's normal to hesitate on big decisions such as buying your first home, you don't want to jump the gun only to regret it afterward. Some may say you can never tell until you give it a try, wrong! Truth is, owning a home is costly enough as it is, what more is real estate mistake. There are ways ...
10/24/2018
We all know how competitive the real estate market has become due to the recent mortgage interest rate increase and scarcity of inventory. You don't want to jump into the market unprepared and waste time an effort, so we came up with a guide for your buying experience to be as smooth and pleasant...
10/23/2018
As most of us know, real estate markets in most areas have been very competitive due mortgage interest rate increase and low inventory of homes for sale. Now that the inventory has loosened up a lot of people have conflicting impressions about it. New listings jumped 8% year-over-year nationally,...
10/18/2018
The real estate market has become competitive and intimidating place in some areas. It's best to prepare yourself before entering the market for your home purchase.In a recent realtor.com article entitled, "How to Find Your Dream Home-Without Losing Your Mind," the author highlights some steps th...
10/17/2018
Reports both recent and old imply that one of the reasons for the current home price inflation is the dwindling supply. Low inventories are due to Baby Boomers' unwillingness to sell their homes. Let's find out how this is wrong.Here's what some of the experts have to say on the subject:Aaron Ter...
10/16/2018
You'll be missing out on a lot of things if you skip pre-approval in your checklist. Fear of down payment and credit score hinder a lot of potential home buyers' decision-making process, with pre-approval you can do away with hesitation and show sellers that you mean business.Freddie Mac lays out...
10/15/2018
There have been countless reports saying that home prices nowadays are more expensive that is was 10 years ago. While this is accurate, most reports do not include why this is not necessarily a bad thing. Let's find out why.The reason is that homes were less affordable 25, 20, or even 11 years ag...
10/12/2018
As the shortage of existing homes continues to drive home prices up, new home sales are giving us a glimpse of how the foreseeable future home sales will look like.According to the latest New Residential Sales Report from the Census Bureau, new construction sales in August were up 3.5% from July ...
10/11/2018
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