Home Buying Tips

The Number of First-Time Homebuyers Hits Record Low, Survey Finds

The Number of First-Time Homebuyers Hits Record Low, Survey Finds Getty Images Buying a home over the past year has been a bit like competing in “The Hunger Games.” First-time buyers faced off against investors and fellow purchasers wielding all-cash offers well over the asking price for a dwindling number of properties to choose from. […]

Jack Jenkins Homes | Nov 4, 2022

You Won’t Believe How This $3.4M Swiss Chalet-Style Craftsman Survived the Wrecking Ball

You Won’t Believe How This $3.4M Swiss Chalet-Style Craftsman Survived the Wrecking Ball MLS via Realtor.com A 1913 Swiss chalet–style Craftsman in Long Beach, CA, comes with a heckuva story. The 4,809-square-foot home with four bedrooms and four baths is on the market for $3,495,000 with Loree Scarborough of Compass. That’s the storybook ending. How it got […]

Jack Jenkins Homes | Nov 1, 2022

Mortgage Rates Just Hit a 20-Year High—and That’s Not the Scariest Part

Mortgage Rates Just Hit a 20-Year High—and That’s Not the Scariest Part Design by Realtor.com / Getty Images (3) The housing market is a scary place these days. Ominous pronouncements are the norm: “The Fed will push until something breaks.” “Housing is in a free fall.” “It’s going to be brutal.” “This will end in […]

Jack Jenkins Homes | Oct 30, 2022

Maui’s Most Expensive Listing Is This $35M Modern Mansion With a Whale-Watching Perch

Maui’s Most Expensive Listing Is This $35M Modern Mansion With a Whale-Watching Perch MLS via Realtor.com As luxurious as Maui, HI, is, many oceanfront homes are traditional Hawaiian architecture—and aging fast. That’s what makes this new listing—a 7,394-square-foot oceanfront property for $35 million—stand out, according to listing agent Chelsea Dimin, of Compass. “You don’t find […]

Jack Jenkins Homes | Oct 14, 2022

What Is Escrow? How It Keeps Home Buyers and Sellers Safe

What Is Escrow? How It Keeps Home Buyers and Sellers Safe Dale Taylor/iStock In real estate, an escrow account is a secure holding area where important items (e.g., the earnest money check and contracts) are kept safe by an escrow company until the deal is closed and the house officially changes hands. Escrow is also a contractual […]

Jack Jenkins Homes | Oct 10, 2022