Erik Martin

Chicago, Oak Lawn

Writer at Freelance

Contributor at Bankrate

Host at Cineversary

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Articles

More Single Women Are Purchasing Homes: Here's Why

1 week ago | themortgagereports.com | Erik Martin

As that beloved song by Aretha Franklin and the Eurythmics from 40 years ago reminds us, sisters are doin’ it for themselves – and in increasing numbers when it comes to homebuying, fresh data suggest. Indeed, a greater portion of single women are buying residences nowadays than years ago. Considering that women continue to make less than men, on average, that’s an impressive feat, although buying as a solo female has its risks and challenges.
Why are housing prices so high these days?

1 week ago | kktv.com | Erik Martin

Key takeaways A persistent shortage of available homes has led to intense competition among buyers, contributing to rising prices. In addition, elevated mortgage interest rates have significantly increased the cost of borrowing. Rising costs of building materials, labor, and overall inflation further exacerbate high home prices. Why are homes so expensive right now? A variety of factors have contributed to higher sale prices, including mortgage interest rates, low inventory and inflation.
Why are housing prices so high these days?

1 week ago | katu.com | Erik Martin

Why are housing prices so high these days? by Erik J. MartinFri, April 11th 2025 at 12:20 PMImages: Getty Images; Illustration: Bankrate
Why are housing prices so high these days?

1 week ago | kmph.com | Erik Martin

Key takeawaysGovernment-backed loans like FHA, VA, and USDA loans, often touted easier to get, actually have higher denial rates than conventional loans. Government loans do offer lower down payment and credit score criteria. However, lender-imposed overlays, lengthy applications and more rigorous inspections or appraisals can make actually closing on a government-backed loan harder.
Why are housing prices so high these days?

1 week ago | kcby.com | Erik Martin

Key takeawaysA persistent shortage of available homes has led to intense competition among buyers, contributing to rising prices. In addition, elevated mortgage interest rates have significantly increased the cost of borrowing. Rising costs of building materials, labor, and overall inflation further exacerbate high home prices. Why are homes so expensive right now? A variety of factors have contributed to higher sale prices, including mortgage interest rates, low inventory and inflation.
Mortgage protection insurance (MPI) vs. life insurance

2 weeks ago | kold.com | Erik Martin

Key takeaways Mortgage protection insurance, or MPI, pays off your mortgage in the event of your death. A life insurance policy pays out a death benefit to your beneficiaries, which they can use for any purpose. If you have sufficient life insurance coverage, mortgage protection insurance probably isn’t necessary. If life insurance is too expensive or you have a hard time qualifying for age or health reasons, mortgage protection insurance ensures your loan gets paid.
How to green up your home with plants and flowers this spring

2 weeks ago | postandcourier.com | Erik Martin

Charleston’s spring weather has arrived, and everything is alive with color. Now is the perfect time to take advantage of the multiple benefits of indoor and outdoor flora that can add immediate allure to your home’s curb appeal and aesthetic charm to your interiors.
Do I need a Realtor to sell my house?

3 weeks ago | gmtoday.com | Erik Martin

A skilled real estate agent can help you sell your home, likely more quickly and for more money than if you tried to do it on your own. On the other hand, most agents charge a commission based on the home’s purchase price, which eats into your proceeds from the sale. Let’s look into all the pros and cons of using an agent to handle your home sale.
Do I need a Realtor to sell my house?

4 weeks ago | thederrick.com | Erik Martin

A skilled real estate agent can help you sell your home, likely more quickly and for more money than if you tried to do it on your own. On the other hand, most agents charge a commission based on the home’s purchase price, which eats into your proceeds from the sale. Let’s look into all the pros and cons of using an agent to handle your home sale. Do you need a real estate agent to sell a house?
How To Finance A Garage Or Other Outbuilding

4 weeks ago | bankrate.com | Erik Martin |Troy Segal

Garages and other outbuildings can enhance your home’s fair market value, especially if they increase the usable or liveable space. Ways to finance a detached structure include a HELOC, home equity loan, cash-out refinance and renovation loan. There are pros and cons to each financing option, based on its interest rate, the size of your home equity stake and other factors. Costs to add an outbuilding can vary widely, depending largely on size, features and the need for professional labor.