MARKET WATCH: August 2019 VS. August 2020

Here’s a quick look at the State of our Market! We will be comparing stats from August 2019 for reference. Inventory is lower than last year, however, don’t be fooled: it’s a Seller’s Market. Homes Sold has actually slightly increased from last year, meaning that inventory is moving at a higher rate. For inventory to…

MARKET WATCH: July 2019 VS. July 2020

Here’s a quick look at the State of our Market! We will be comparing stats from July 2019 for reference. As can be expected during a global pandemic, inventory is lower than last year. Amidst a slower market, Homes Sold has virtually stayed the same, meaning our inventory is moving at a higher rate! We…

What Does PITI Consist Of?

What does PITI consist of? PITI is the acronym for your monthly mortgage payment.  It’s pronounced like the word “pity” and the letters stand for the four parts of that monthly payment, which are: P stands for Principal   That’s the part of the monthly payment used to pay down the balance of the loan.  Your…