Richard Monoson

NMLS # 909109

DRMONOSON@GMAIL.COM

Richard Monoson

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712,000 Homes in the US Regained Equity in the Past 12 Months!

712,000 Homes in the US Regained Equity in the Past 12 Months!

  CoreLogic’s latest Equity Report revealed that “over the past 12 months, 712,000 borrowers moved into positive equity.” This is great news, as the share of homeowners with negative equity (those who owe more than their home is worth), has dropped more t

Mar 02, 2018 |

The Impact of Tight Inventory on the Housing Market

The Impact of Tight Inventory on the Housing Market

 The housing crisis is finally in the rear-view mirror as the real estate market moves down the road to a complete recovery. Home values are up, home sales are up, and distressed sales (foreclosures and short sales) have fallen to their lowest points in y

Feb 13, 2018 |

Thinking of Selling? Now is the Perfect Time

Thinking of Selling? Now is the Perfect Time

 It is common knowledge that a great number of homes sell during the spring-buying season. For that reason, many homeowners hold off on putting their homes on the market until then. The question is whether or not that will be a good strategy this year. Th

Feb 02, 2018 |

Wondering If You Can Buy Your First Home?

Wondering If You Can Buy Your First Home?

 There are many people sitting on the sidelines trying to decide if they should purchase a home or sign a rental lease. Some might wonder if it makes sense to purchase a house before they are married and have a family, others might think they are too youn

Jan 26, 2018 |

61% of First-Time Buyers Put Down Less than 6%

61% of First-Time Buyers Put Down Less than 6%

 According to the National Association of Realtors’ latest Realtors Confidence Index, 61% of first-time homebuyers purchased their homes with down payments below 6% from October 2016 through November 2017. Many potential homebuyers believe that a 20% down

Jan 16, 2018 |

What Would a Millennial Baby Boom Mean for Housing?

What Would a Millennial Baby Boom Mean for Housing?

    Recently released data from the National Center for Health Statistics revealed that 1.3 million Millennial women gave birth for the first time in 2015. There are now over 16 million women in this generation who have become mothers.“All told, Millennia

Jan 05, 2018 |