Krum Krumov's Blog Posts

What You Can Do to Keep Your Dream of Homeownership Moving Forward

What You Can Do to Keep Your Dream of Homeownership Moving Forward [INFOGRAPHIC]Some Highlights:Don’t put your homeownership plans on hold just because you’re stuck inside.There are

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Is Now a Good Time to Refinance My Home?

Is Now a Good Time to Refinance My Home?With interest rates hitting all-time lows over the past few weeks, many homeowners are opting to refinance. To decide if refinancing your home is

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Economic Slowdown: What the Experts Are Saying

Economic Slowdown: What the Experts Are SayingMore and more economists are predicting a recession is imminent as the result of the pullback in the economy caused by COVID-19. According to the 

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A Recession Does Not Equal a Housing Crisis

A Recession Does Not Equal a Housing CrisisSome HighlightsThe COVID-19 pandemic is causing an economic slowdown.The good news is, home values actually increased in 3 of the last 5 U.S. recessions

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Are We About to See a New Wave of Foreclosures?

Are We About to See a New Wave of Foreclosures?With all of the havoc being caused by COVID-19, many are concerned we may see a new wave of foreclosures. Restaurants, airlines, hotels, and many other

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Three Reasons Why This Is Not a Housing Crisis

Three Reasons Why This Is Not a Housing CrisisIn times of uncertainty, one of the best things we can do to ease our fears is to educate ourselves with research, facts, and data. Digging into past

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Two Big Myths in the Home buying Process

Two Big Myths in the Homebuying ProcessThe 2020 Millennial Home Buyer Report shows how this generation is not really any different from previous ones when it comes to homeownership goals:

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5 Simple Graphs Proving This Is NOT Like the Last Time

5 Simple Graphs Proving This Is NOT Like the Last TimeWith all of the volatility in the stock market and uncertainty about the Coronavirus (COVID-19), some are concerned we may be headed for another

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Buying a Home: Do You Know the Lingo?

Buying a Home: Do You Know the Lingo? [INFOGRAPHIC]Highlights:Buying a home can be intimidating if you’re not familiar with the terms used throughout the process.To point you in the right

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Yes, You Can Still Afford a Home

Yes, You Can Still Afford a HomeThe residential real estate market has come roaring out of the gates in 2020. Compared to this time last year, the number of buyers looking for a home is up 20%,

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Confidence Is the Key to Success for Young Homebuyers

Confidence Is the Key to Success for Young HomebuyersBuying your first home can seem overwhelming. Thankfully, there’s a lot of great information out there to help you feel more confident as

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Equity Gain Growing in Nearly Every State

Equity Gain Growing in Nearly Every StateRising home prices have been in the news a lot lately, and much of the focus is on whether they’re accelerating too quickly and how sustainable the

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New Homes Coming to the Housing Market This Year

New Homes Coming to the Housing Market This YearThe number of building permits issued for single-family homes is the best indicator of how many newly built homes will begin to come to market over

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The Difference an Hour Makes

The Difference an Hour Makes [INFOGRAPHIC]Some Highlights:Don’t forget to set your clocks forward this Sunday, March 8 at 2:00 AM EST in observance of Daylight Saving Time, unless you

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Impact of the Coronavirus on the U.S. Housing Market

Impact of the Coronavirus on the U.S. Housing MarketThe Coronavirus (COVID-19) has caused massive global uncertainty, including a U.S. stock market correction no one could have seen.

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COST ACROSS TIME

The Cost Across Time [INFOGRAPHIC]Some Highlights:With interest rates around 3.66%, now is a great time to look back at where they’ve been over the past few decades. Comparatively, they&rsquo

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Everybody Calm Down!

Everybody Calm Down! This Is NOT 2008Last week realtor.com released the results of a survey that produced three major revelations:53% of home purchasers (first-time and repeat

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What Credit Score Do You Need To Buy A House

What Credit Score Do You Need To Buy A House?There are many misconceptions about the credit score needed to buy a house. Recently, it was reported that 24% of renters believe they need a

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What are the Benefits of Becoming a Homeowner

What are the Benefits of Becoming a Homeowner?Every family has a list of important dates. We celebrate birthdays, anniversaries, pet adoptions…and the list goes on. For 64.4 percent 

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How To List Your Home for the Best Price

How To List Your Home for the Best PriceIf your plan for 2019 includes selling your home, you will want to pay attention to where experts believe home values are headed. According to the latest 

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Before you list the house

The KonMari Method: Helping You Prep Your House For SaleOne of the biggest challenges sellers face when listing their house is decluttering. Cleaning out some of the more personal decorating choices

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Do you need 20% down to buy a home?

One More Time… You Do Not Need 20% Down to Buy a HomeThe largest obstacle renters face when planning to buy a home is saving for a down payment. This challenge is amplified by rising rents,

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