APM BLOG

Summer's right around the corner, and so is the time of year when more of us think of buying or selling a home. However, inflation is still hanging around, which means that the interest rate cuts expected this year haven't yet happened. It is still to be seen if this will affect the residential real estate market, and to what extent. The news isn't all bad, though; unemployment remains low, and US stock markets rallied during the first months of 2024, rising by over 10%.

May is Asian American and Pacific Islander Heritage Month, a time for recognizing their significant contributions to the history, culture, and achievements in the United States. (Go here to learn more.)

At APM, we wanted to take this opportunity to learn more about our APM Family and what their history, culture, and heritage means to them.

What do you think of when you picture a real estate investor? Is it a Donald Trump type in a snazzy suit sitting high up in an ivory tower?

You may not realize it, but anyone who owns a home is technically a real estate investor—which means the title is up for grabs for just about anyone. You simply have to know how to get started. 

It's that time of year when everything seems to come alive, including our spirits! Whether you're dreaming of a new home, thinking about refinancing, or just curious about your options, APM has your back. So kick back, enjoy the sunshine, and let's make this month one to remember. Here's to finding your perfect place to call home and making some great memories along the way!

As April blossoms forth, signs of renewal are all around us. Though inflation and the specter of higher interest rates linger, there's hope in the air. Forecasters predict a gradual upturn in the residential real estate market, with more new constructions and existing homes hitting the market throughout 2024, akin to buds bursting into bloom. Moreover, consumers may find relief in their finances following the recent decision by the CFPB to rein in bank overdraft fees and credit card late payment charges, promising a brighter financial landscape ahead.

As we transition into the spring season, we're excited to share valuable insights and updates from the world of home finance.

In this edition, we'll delve into important industry trends, provide helpful resources to empower you on your homeownership journey - and even share a few tips about your IRA and changes to credit card late fees that are on the horizon.

When you own your own home, you want to make sure you take every deduction possible to maximize your tax refund. Many people view these refunds as “found money,” but they’re really not. It’s money that you’re entitled to receive back…as long as you claim the proper deductions.

Owning a home is often considered a cornerstone of the American dream. Beyond the pride and security of homeownership, there are also financial perks that come with it, particularly when it comes to tax benefits. Understanding these tax advantages can mean significant savings and a more efficient financial strategy for many homeowners.

Last month saw the start of the Lunar New Year, which is the Year of the Dragon. It's an auspicious year, as it's believed that children born this year are destined for success. Some famous Dragon babies: Keanu Reeves, Rihanna, Dr. Martin Luther King Jr, John Lennon and Peyton Manning.

We know the story: Part of you is thinking about homeownership, but another part is unsure whether you’ll qualify as a first-time homebuyer. The mortgage process can seem intimidating the first time around, which is completely understandable. You haven’t owned a home before! 

We know you know that buying a house is a major investment—one that can pay off in more ways than one, but still a major investment. This can weigh on a first-time homebuyer who has never made such a large financial commitment.

Many would-be homebuyers are feeling the pinch from rising interest rates, but you don’t have to! APM has buydown options to help you reduce your mortgage interest rate and get you the lowest monthly payments possible. 

Interest rate buydowns are the key to lower interest rates, a smaller monthly mortgage payment, and saving you money.

It's the month of love and we wanted to share some financial love with you in celebration! Below are some articles about smart money moves, buying investment properties (hint: down payment requirements have changed!), and ways to save in filing your taxes this year. We even included a delicious salmon recipe if you're feeling like a spring meal!

As we step into the month of love, let's show some affection to our finances! It's a good time to take a look at where your money is and whether it's working for you.

At APM, we feel that the best way we can honor the heritage of our APM family members during Black History Month, is by listening and learning from the stories they share. 

Searching for a home can be an exciting process, but this journey can quickly get frustrating if you can’t find what you’re looking for. As we all know, buying a home involves more than just the actual real estate. You have to consider the neighborhood, surrounding amenities, outdoor space, and of course the actual home and its features. 

As we move through January, we've been reflecting on the enduring values championed by Martin Luther King Jr.

Protecting your credit score is important all the time, but even more so when you’re thinking about buying a home and need a mortgage loan. That’s because there aren’t many other times in our lives when we need a loan amount of this size.

The real estate waiting game is no fun. But with today’s high interest rate, some would-be buyers think it’s prudent to play if they want to secure the best homeownership deal. The problem with that is you miss out on homeownership opportunities today, including less competition and falling prices in many markets.