Fernando Blasi

They're starting families and buying houses, but how do they behave? It’s happening. Millennials are finally old enough to start families (even though many of them don’t want to), buy houses and make their full way into the U.S. housing economy. This 2018, one of the biggest trends to be expected are the changes and impact that the millennial population will have on real estate. Most of them are still paying for college loans, and they don’t have many resources to purchase expensive properties, but we still have to understand what their aim is and what they want their future to look like so we can successfully target their needs. What are millennials looking for? This is a generation that values the potential of extensive research like no other before. Thanks to the Internet, everything a millennial wants to know is just a click away. They can spend hours, days and months doing as much research as they can before actually making a decision. This not only means they’r...

Las hipotecas son una de las industrias más grandes de Estados Unidos.  Como hemos dicho en otras oportunidades, el mercado hipotecario y de bienes raíces en Estados Unidos es extenso y complejo. Muchos pasamos años estudiándolo y trabajando en él para dominarlo por completo. En esos casos, casi siempre nos hacemos expertos únicamente en el área geográfica que habitamos, debido a que podemos conocer personalmente las características de ese mercado hipotecario. Sin embargo, no importa donde estés, hay ciertas generalizaciones que podemos reconocer y que pueden ayudarnos a ahorrar dinero y encontrar justo lo que estábamos buscando al momento de invertir en una propiedad. ¡Estas son 10 cosas que probablemente no sabías sobre las hipotecas americanas! 1. Las hipotecas existen desde hace poco tiempo Contrario a lo que podrías pensar, los préstamos hipotecarios no siempre fueron el método utilizado por defecto para adquirir una casa. De hecho, fue a partir de los años 30 que...

People usually tap home equity to pay debts. Now more than ever, Americans are starting to tap their home equity. According to Freddie Mac, this will be one of the biggest trends in the 2018 mortgage market. What does it mean to do it? And what benefits does it bring? Many people cash out their mortgages with the purpose of paying other existing debts or making home improvements. As mortgage rates are expected to rise in 2018, tapping home equity will likely become one of the major forms of mortgage refinancing in the market. Are you in need of quick money and don’t know if you should do it? Then keep reading as we explore the possibilities it englobes. Even though there are other ways to tap into your home equity, the most common one is a home equity loan. In these cases, the amount of money to be borrowed will be determined by the value of the property, which is calculated by an appraiser from the lending institution. You can also use a Home Equity Line of Credit (HELOC...

Es fácil equivocarse si no sabes qué esperar. Incluso para los estadounidenses, el mercado inmobiliario de EE.UU. puede resultar complejo la primera vez que se adentran en él. Comprar una casa propia es una tradición del sueño americano, pero fácilmente puede convertirse en una experiencia estresante si no sabes qué esperar, no conoces a ciencia cierta tus posibilidades o no planificas tus finanzas correctamente. ¿Es tu primera vez invirtiendo en bienes raíces en territorio americano? Entonces este artículo es para ti. Estos son los errores al comprar casas en Estados Unidos de los que más debes cuidarte para que, con confianza, puedas hacer una de las mayores inversiones de tu vida. No contratar ayuda profesional El mercado inmobiliario es dinámico y complejo, así que el mejor paso que siempre podrás tomar es contratar a alguien que te guíe en el proceso. Por lo general, los vendedores tienen sus propios agentes hipotecarios, con los que en teoría puedes trabajar, per...

Stay updated with the new trends. It’s 2018, and we’re already looking ahead of us and into the future to keep growing and changing this new year. As we’ve explained before, the mortgage market in the U.S. is completely dynamic, and we need to stay updated on the last trends to understand how it works and where it’s headed. Before 2017 was over, Freddie Mac, one of the institutions in charge of buying and selling mortgage bonds, published its predictions for the next 12 months and we’ll be discussing them today. The general forecast tells us that they expect this year to be favorable for both the housing and mortgage market, with low-interest rates, solid job gains, and moderate economic growth. For the most part, 2018 is predicted to be a year very similar to 2017. What we will see, however, it’s a raise on the number of people tapping their home equity, an increase in the purchase mortgage volume and cooling refinance activity. These will be the trends that’ll drive the m...

What are the advantages of buying a fully furnished house? In a world where we’re looking to buy all things ready to go, and people have less and less time to spare, it’s no wonder that some homebuyers think about picking a fully-furnished house for them. They’d be saving the time to equip it, and all they’d have to do is pack their suitcases and move in. Is that all there is to it? Today, we’ll be exploring the pros and cons of buying fully-furnished houses and all you need to know about them so you can make the best decision according to your needs. What does a fully-furnished house include? One of the first things you might wonder is what can you actually expect when you buy a fully-furnished house? Are you going to need to buy anything else before you move in? Well, depending on the degree to which a property is furnished, houses can be classified as bare, unfurnished, semi-furnished and fully-furnished. Fully-furnished houses will have everything you need t...