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Money & You Top Days to List Your Home for Sale Top Days to List Your Home for Sale [INFOGRAPHIC] Some Highlights: ATTOM Data Solutions conducted an analysis of more than 29 million single family home and condo sales over the past eight years to determine the top days to list your home for sale. The top five days to list your home brought in a 10% premium over […]
Real Estate Trends What is Really Happening with Home Prices? What is Really Happening with Home Prices? Home values have softened over the last twelve months. We are no longer seeing 6-7% annual appreciation levels for the national housing market. The current numbers are closer to 4%. Some have suggested that year-over-year appreciation levels could fall to 3% or less this year. However, a stronger-than-expected […]
Buyer Advice and Aid 3 Things To Avoid After Applying for a Mortgage
Buyer Advice and Aid 4 Tips for Making a Competitive Offer 4 Tips for Making a Competitive Offer So, you’ve been searching for that perfect house to call ‘home,’ and you’ve finally found it! The price is right, and in such a competitive market, you want to make sure you make a good offer so that you can guarantee that your dream of making this house yours comes […]
Buyer Advice and Aid New Research Shows Housing Is Affordable For First-Time Buyers New Research Shows Housing Is Affordable For First-Time Buyers Home prices have been on the rise for the last seven years, leading many housing market analysts to conclude that first-time homebuyers are being shut out of the market due to affordability concerns. The National Association of Realtors (NAR) reports on the percentage of First-Time Home Buyers (FTHB) […]
Real Estate Trends A Lack of Inventory Continues to Impact the Housing Market A Lack of Inventory Continues to Impact the Housing Market The housing crisis is finally in the rear-view mirror as the real estate market moves down the road to a complete recovery. Home values are up and distressed sales (foreclosures and short sales) have fallen to their lowest point in years. The market will continue […]
Real Estate Trends A Tale of Two Markets A Tale of Two Markets [INFOGRAPHIC] Some Highlights: An emerging trend for some time now has been the difference between available inventory and demand in the premium and luxury markets and that in the starter and trade-up markets and what those differences are doing to prices! Inventory continues to rise in the luxury and premium […]
Money & You Summer is Coming! Time for a Vacation…
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Money & You Mainstream Concerns about an Economic Slowdown Revisited Mainstream Concerns about an Economic Slowdown Revisited Recently, we reported that many believe a recession could happen within the next two years. We explained that 70% of economists and market analysts surveyed last year believe that a recession will occur in 2019 or 2020 and that 42% of consumers currently looking to purchase a home also agree […]
Buyer Advice and Aid Home Buyers are Optimistic About Homeownership! Home Buyers are Optimistic About Homeownership! When we consider buying an item, we naturally go through a research process prior to making our decision. We ask our friends and family members who have made similar purchases about their experience, we get opinions and insights, and we read reviews online. There’s no difference when considering a […]
Money & You The Cost of RENTING vs. BUYING The Cost of Renting vs. Buying This Spring [INFOGRAPHIC] Some Highlights: Historically, the choice between renting or buying a home has been a tough decision. Looking at the percentage of income needed to rent a median-priced home today (27.7%) vs. the percentage needed to buy a median-priced home (17.5%), the choice becomes obvious. Every market is different. […]
Money & You Are You About to Be an Empty-Nester?
Real Estate Trends Your Fabulous New Dream Home is Now Available Your Fabulous New Dream Home is Now Available Over the last several years, many “baby boomers” have undergone a metamorphosis. Their children have finally moved out and they can now dream about their own future. For many, a change in lifestyle might necessitate a change in the type of home they live in. That two-story, […]
Real Estate Trends 2 Trends Helping Keep Housing Affordable 2 Trends Helping Keep Housing Affordable Two positive trends have started to emerge that impact the 2019 Spring Housing Market. Mortgage interest rates for a 30-year fixed rate loan have dropped to new lows, right as reports show that wages have increased at their highest rate in decades! These two factors have helped keep housing […]
Money & You What Would Make You Sell Your House? What Would Make You Sell Your House? There are many reasons why a homeowner decides to sell their house and move. The latest Generational Trends Report from the National Association of Realtorsasked recent home sellers to share their reason for moving. The younger the respondents, the more likely their top response centered around needing a larger home (ages […]
Buyer Advice and Aid How Quickly Can You Save Your Down Payment? How Quickly Can You Save Your Down Payment? Saving for a down payment is often the biggest hurdle for a first-time homebuyer. Depending on where you live, median income, median rents, and home prices all vary. So, we set out to find out how long it would take to save for a down payment in […]
Real Estate Trends Existing Home Sales Slow to Start Spring Existing Home Sales Slow to Start Spring [INFOGRAPHIC] Some Highlights: Existing Home Sales slowed to an annual pace of 5.21 million home sales in March. Low inventory levels are still impacting home sales! The current month’s supply of homes for sale is 3.9-months. Median home prices were up 3.8% over last March at $259,400. This marked […]
Uncategorized Should I Buy a Home Right Now?
Buyer Advice and Aid Renters Paying Substantially More While Owning Costs Less Renters Paying Substantially More While Owning Costs Less In a recent Insights Blog, CoreLogic reported that rent prices have skyrocketed since 2005. Meanwhile, the typical mortgage payment has actually decreased. “CoreLogic’s national rent index was up 36% in December 2018 compared with December 2005, while the typical mortgage payment was down 4% over that period.” Why the difference […]
Real Estate Trends New Study Reveals One Surprising Reason for the Inventory Shortage New Study Reveals One Surprising Reason for the Inventory Shortage There has been a great amount written on millennials and their impact on the housing market. However, the headlines often contradict each other. Some claim this generation is becoming the largest share of first-time home buyers, while others claim millennials don’t want to own a […]
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