Some Highlights:
Existing home sales are currently at an annual pace of 5.32 million and have increased on a monthly basis for the last two months.
The inventory of existing homes for sale remains below the 6-months needed for a normal market and is…
Buyers Are Looking for Your Home, Now [INFOGRAPHIC] Read More »
There is a lot of uncertainty regarding the real estate market heading into 2019. That uncertainty has raised concerns that we may be headed toward another housing crash like the one we experienced a decade ago. Here are four reasons why today’s market is much different: 1. There are fewer foreclosures now than there were […]
4 Quick Reasons NOT to Fear a Housing Crash Read More »
As we head into 2019, many news outlets and housing experts warn that the housing market may slow down. Over the last six years, the inventory of homes for sale has been near historic lows, which has been the force behind increasing home prices. This has been great news for sellers as many of them […]
Homeownership Remains a Huge Part of the American Dream Read More »
Real estate is shifting to a more normal market; the days of national home appreciation topping 6% annually are over and inventories are increasing which is causing bidding wars to almost disappear. Some see these as signs that the market will soon come tumbling down as it did in 2008. As it becomes easier for […]
No Bubble Here! How New Mortgage Standards Are Helping Read More »
Every year around this time, we take time to reflect and plan for next year. If you are renting your current home but have dreams of homeownership, your plan for the new year may include buying, and you wouldn’t be alone! According to the 2018 Bank of America Homebuyer Insights Report, 74% of renters plan […]
Don’t Get Caught in the Rental Trap in 2019 Read More »
Everyone should realize that unless you are living somewhere rent-free, you are paying a mortgage – either yours or your landlord’s. Buying your own home provides you with a form of ‘forced savings’ that allows you to use your monthly housing costs to increase your family’s wealth. Every month that you pay your mortgage, you […]
How to Simply Increase Your Family Wealth by Paying for Housing Read More »
National home prices have increased by 5.4% since this time last year. Over that same time period, interest rates have remained near historic lows which has allowed many buyers to enter the market and lock in low rates. As a seller, you will likely be most concerned about ‘short-term price’ – where home values are headed over […]
What If I Wait A Year to Buy a Home? Read More »
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!
Invent…
The Tale of Two Markets [INFOGRAPHIC] Read More »
Over the last six years, we have experienced strong price appreciation which has increased home equity levels dramatically. As the number of “cash-out” refinances begins to approach numbers last seen during the crash, some are afraid that we may be repeating last decade’s mistake. However, a closer look at the numbers shows that homeowners are […]
2008 vs. Now: Are Owners Using Their Homes as ATMs Again? Read More »
The interest rate you pay on your home mortgage has a direct impact on your monthly payment. The higher the rate, the greater the payment will be. That is why it is important to know where rates are headed when deciding to start your home search. Below is a chart created using Freddie Mac’s U.S. […]
Where Are Interest Rates Headed in 2019? Read More »