The Blog ofwww.eliteinmadison.com

Is Mortgage Debt out of Control?

Is Mortgage Debt out of Control?

The housing crisis of the last decade was partially caused by unhealthy levels of mortgage debt. Homeowners were using their homes as ATMs by refinancing and swapping their equity for cash.When...

Top 5 Reasons You Should NOT FSBO

Top 5 Reasons You Should NOT FSBO

Rising home prices coupled with a lack of inventory in today’s market may cause some homeowners to consider selling their home on their own (known in the industry as a For Sale By Owner)....

A Tale of Two Markets

 [INFOGRAPHIC]Some Highlights:An emerging trend for some time now has been the difference between available inventory and demand in the premium and luxury markets and that in the starter and...

The Benefits of a 20% Down Payment

The Benefits of a 20% Down Payment

If you are in the market to buy a home this year, you may be confused about how much money you need to come up with for your down payment. Many people you talk to will tell you that you need to save...

Saving for a down payment?

Saving for a down payment?

How Quickly Can You Save Your Down Payment?Saving for a down payment is often the biggest hurdle for a first-time homebuyer. Depending on where you live, median income, median rents, and home prices...