• Do Not Get Caught in The Renters Trap

    In a recent press release, Zillow stated that the affordability of the nation’s rental inventory is currently much worse than affordability of the country’s home sale inventory. The release revealed two things: Nationally, renters... Read More

  • A Soft Housing Market? We Beg to Differ!

    There are some pundits lamenting the softness of the 2014 housing market. We can’t understand why. Though it is true that the early part of the year disappointed because of a myriad of reasons (ex. weather, lack of inventory, less distressed... Read More

  • Housing Market Getting Healthier - But Slowly

    The nation’s housing market is continuing its slow but steady improvement, helped most recently by a slowdown in home-price growth according to a recent report from the National Association of Realtors (NAR). With home prices stabilizing,... Read More

  • 7 Tips to Get the Best Mortgage

    As the real estate market begins to perk up, many people find themselves in a good position to start looking for a home. Even though interest rates continue to hover at the lower end of the spectrum, shopping for a mortgage is still a tricky... Read More

  • Buying a Home? You Do Not Need to Do It Alone!

    Last week, a survey was released that revealed how prepared home buyers are for the actual mortgage process. The survey reported that 94 percent of prospective buyers believe they are making a good investment decision if they buy a home. The survey... Read More

  • Foreclosure Inventory Down 37 Percent Over The Last Year!

    According to the latest CoreLogic National Foreclosure Report, “approximately 660,000 homes in the US were in some state of foreclosure as of May 2014”. This figure is down 37% from the 1 million homes in May of 2013. May marked the 31st... Read More

  • How Much of a Down Payment Do You Actually Need?

    A recent survey by Zelman & Associates revealed that 38% of those between the ages of 25-29 years old and 42% of those between the ages of 30-34 years old believe that a minimum of 15% is required as a down payment to purchase a home. A recent... Read More

  • Home Mortgage Rates - Where are They Headed?

    Many homebuyers ask where interest rates are headed over the next several months. While no one has a crystal ball, we did want to share what some experts are saying on the subject. HSH.com “For now, and likely through the summer, we may see... Read More

  • Cheyenne WV Donates to Youth Alternatives

    Wallick & Volk Mortgage announced their $5,000 donation to Youth Alternatives – Cheyenne, WY, a family-centered program designed to respond to the needs of children ages 5-18 in Cheyenne and surrounding communities. Youth in our program... Read More

  • Pent-Up Buyer and Seller Demand about to be Released?

    American consumers’ perception of the residential real estate market was revealed in a recent survey by Edelman Berland. They interviewed 2,500 Americans who are “in the market” to buy or sell a home. Respondents were between 25-64... Read More

  • June is National Homeownership Month!!

    National Homeownership Month actually started as a week-long celebration of homeownership during the Clinton administration in 1995. In 2002, President George W. Bush proclaimed June as the National Homeownership Month. Here is an excerpt from his... Read More

  • Create Wealth: Move Up Now!

    Many experts are currently discussing a variety of topics such as real estate as an investment, the movement on mortgage interest rates and reasons to buy now instead of waiting. It is important that we realize that this does not apply solely... Read More

  • How to Choose the Right Neighborhood

    Any good Realtor will share the mantra, “location, location, location” when talking about the attributes that help a home hold its value and potentially appreciate. However, no one neighborhood is right for every buyer. Determining which... Read More

  • FreddieMac: Housing is Stronger Today

    In a recent blog post, FreddieMac explained that “housing is stronger today than at any point since the Great Recession began and hit bottom in 2009”. They then gave three reasons which support their position: Home sales are up 13%... Read More

  • Either Way, You Are Still Paying A Mortgage

    There are some people that have not purchased a home because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize that, unless you are living with our parents rent free, you are paying a mortgage - either your... Read More