Paying Someone Else’s Mortgage vs. Your Own

With interest rates at historical lows, it may be a good time to start paying your own mortgage down instead of someone else’s.

As reported by CoreLogic, (the leading provider of property insights and solutions)

2019 Saw the Fastest Annual Rent Appreciation Since 2016 US Single-Family Rents Up 2.9% Year Over Year in December.

Read the full CoreLogic article here

Learn more about the Home Buying Process, start building equity now.

Low rental home inventory, relative to demand, fuels the growth of single-family rent prices. The SFRI shows single-family rent prices have climbed between 2010 and 2019. However, overall year-over-year rent price increases have slowed since February 2016, when they peaked at 4.2%, and have stabilized at around 3% since early 2019. – CoreLogic


2019 in REview

By providing market knowledge and experience that lets clients break down the process step by step, we make their experience a positive and exciting one. A metric for Laurel Murphy Real Estate to gauge whether we are achieving our goal is the percent of business we do from referrals or repeat business. 

In our first full year we serviced 50% sellers and 50% buyers with 85% from referrals or repeat clients. Helping family and friends of past clients is a responsibility we appreciate and take seriously.  Going into 2020 we have every intention to increase our numbers, one referral at a time.