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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 […]
Buyer Advice and Aid With Inventory Low: Will Your Dream Home Need Some TLC? With Inventory Low: Will Your Dream Home Need Some TLC? According to a new survey from Move.com, the wave of first-time homebuyers hitting the market this summer has resulted in an interesting statistic. Nearly 60% of buyers searching for a home this spring are willing to consider buying a fixer-upper, with 95% believing that the projects needed will increase […]
Buyer Advice and Aid Selling Your House: Here’s Why You Need A Pro In Your Corner Selling Your House: Here’s Why You Need A Pro In Your Corner! With home prices on the rise and buyer demand still strong, some sellers may be tempted to try to sell their homes on their own rather than using the services of a real estate professional. Real estate agents are trained and experienced in negotiation while, in most […]
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Real Estate Trends 5 Reasons Why Millennials Buy a Home 5 Reasons Why Millennials Buy a Home [INFOGRAPHIC]
Seller Advice 5 REASONS TO SELL YOUR HOUSE THIS SPRING
Real Estate Trends Buyer Demand Surging as Spring Market Begins Buyer Demand Surging as Spring Market Begins Last fall, some predicted that the 2019 residential real estate market would be a disaster. There was even belief we might experience a housing crash like the one that occurred during the last decade. However, according to two separate reports*, buyer demand dramatically increased over the last three […]
Real Estate Trends Are Low Interest Rates Here to Stay? Are Low Interest Rates Here to Stay? Interest rates for a 30-year fixed rate mortgage have been on the decline since November, now reaching lows last seen in January 2018. According to Freddie Mac’s latest Primary Mortgage Market Survey, rates came in at 4.12% last week! This is great news for anyone who is planning on buying a home […]
Seller Advice Homeowners: Now Is a Good Time to Sell Your House Homeowners: Now Is A Good Time To Sell Your House Every month, the National Association of Realtors (NAR) releases their Seller Traffic Index as a part of their Realtors Confidence Index. In the latest release, NAR reported that homeowners have been reluctant to sell their houses. This is reflected when broken down by state. Only 11 states have a stable […]
Buyer Advice and Aid 3 QUESTIONS YOU NEED TO ASK BEFORE BUYING A HOME 3 Questions You Need To Ask Before Buying A Home If you are debating purchasing a home right now, you are probably getting a lot of advice. Though your friends and family have your best interests at heart, they may not be fully aware of your needs and what is currently happening in the real […]
Buyer Advice and Aid Slaying Myths About Buying A Home Slaying the Largest Homebuying Myths Today [INFOGRAPHIC] Some Highlights: The average down payment for first-time homebuyers is only 6%! Mortgage interest rates have been on the decline since November! Hop in now to lock in a low rate! 88% of property managers raised their rents in the last 12 months! The average credit score on […]
Real Estate Trends Would an Economic Slowdown Impact Home Values?
Real Estate Trends Home Value Appreciation Stops Falling, Begins to Stabilize Home Value Appreciation Stops Falling, Begins to Stabilize The percentage of home price appreciation on a year-over-year basis has decreased each month for over a year. The question was how far annual appreciation would fall. It seems we may now have the answer. In a recent post on the National Association of Realtors’ Economists’ Outlook Blog, it […]
Real Estate Trends Home Buyer Demand Will Be Strong for Years to Come Home Buyer Demand Will Be Strong for Years to Come There has been a lot written about millennials and their preference to live in city centers above their favorite pizza place. Some have even gone so far as to say that millennials are a “Renter-Generation”. And while this might be true for some millennials, more and […]
Real Estate Trends Why Pet-Friendly Homes Are in High Demand Why Pet-Friendly Homes Are in High Demand One of the many benefits of owning your own home is the freedom to find your ‘furever’ friend. By pointing out the aspects of your home that make it ‘pet-friendly’ in your listing, you’ll attract these buyers, rather than alienating the 68% of American households that have a pet! If you are […]
Money & You What to Consider When Choosing Your Home to Retire In What to Consider When Choosing Your Home To Retire In As more and more baby boomers enter retirement age, the question of whether they should sell their homes and move has become a hot topic. In today’s housing market climate, with low available inventory in the starter and trade-up home categories, it makes sense to […]
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