Tag - economy

Go Big AND Go Home: Jumbo Loans are Back

High Cost conforming and jumbo home loans are back. Homeowners wanting to buy homes over $453,100 now have more options. Find this image on blog.phmc.com

Up until recently, home buyers looking to buy a home in more expensive areas were left in limbo. Here’s why: Lenders had tightened the requirements on jumbo loan options making it hard to qualify for, or they did not offer them at all.  Other loan options (conforming and/or government) were also not ideal for their needs even if they...

The Economics of 420

Since the state of California started the movement of legalizing marijuana for medicinal purposes, many states have also followed suit. So many, in fact, that 1 out of 5 Americans live in a state where it is legal to purchase and smoke weed freely—without a doctor’s note—and it won’t be stopping there. 2 years ago, on the notorious...

Only $10K and 24 Hours

The first residental home was printed by a 3-D printer in Russia. There are still many positives and negatives to 3-D printed homes. Find this image on blog.phmc.com

The usual single family home takes approximately 7 months to build from start to finish. In 2017, the first on-site residential house was built in just a single day. How is that even possible? Will this have a positive or negative impact on construction? Here are some pros & cons of 3-D printed homes: Lower price 💰 The home in the above...

FED’s Decision: All the Good Stuff

The FEDs Decision: All the Good Stuff

Yes, it happened. The Fed’s decision to raise rates for the first time in over a decade is a buzzing topic everywhere. A common concern floating around conversations is “how will the rate hike affect me?” While higher interest rates have a negative connotation to some, despite the unanswered questions for the change, there is much...

Learn More, Earn More

PHMC Platinum bootcamp

Whether a house is a condo, single-family home, McMansion, or a palace, a home is not just an investment–it means much more. Each room gives its own meaning to the word home: Your bedroom: It’s the place you get a good night’s sleep. It’s the first place we see when we wake up and the last when we fall asleep. Your kitchen: It’s...

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