Housing Market Updates

Homebuyers Shouldn’t Worry About 2008 All Over Again

Last week, realtor.com released a survey of active home shoppers (those who plan to purchase their next home in 1 year or less). The survey asked their opinion on an impending recession and its possible impact on the housing market. Two major takeaways from the survey: 42% believe a recession will occur this year or […]

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5 Reasons To Sell Your House This Spring!

5 Reasons To Sell Your House This Spring! |Simplifying The MarketHere are five compelling reasons listing your home for sale this spring makes sense. 1. Demand Is Strong The latest Buyer Traffic Index from the National Association of Realtors (NAR) shows that buyer demand remains strong throughout the vast majority of the country. These buyers are ready, willing, and able to purchase… and are in […]

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How to Put Your Housing Cost to Work for You

How to Put Your Housing Cost to Work for You | Simplifying The MarketThere has been a lot written about the benefits of homeownership. One benefit that continues to rise to the top is the added wealth homeowners gain simply by paying their mortgage while their home increases in value over time. The National Association of Realtors (NAR) recently broke down the equity gained from price appreciation and […]

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Data Says April is the Best Month to List Your Home for Sale

Data Says April is the Best Month to List Your Home for Sale | Simplifying The MarketThe spring housing market is off to the races! The inventory of homes for sale is increasing, buyers are out in force, and interest rates have remained low, peaking the interest of buyers and sellers previously on the fence about making a move. New research from realtor.com shows that the first week of April is […]

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The Enormous Divide Between the Headline and the Truth

The Enormous Divide Between the Headline and the Truth | Simplifying The Market“I have observed that not the man who hopes when others despair, but the man who despairs when others hope, is admired by a large class of persons as a sage.” – John Stuart Mill (1840s) Even back in the mid-1800s, people knew that negative news sells. That is still true today. All forms of […]

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Your Tax Refund Is The Key To Homeownership!

Your Tax Refund Is The Key To Homeownership! | Simplifying The MarketAccording to data released by the Internal Revenue Service (IRS), Americans can expect an estimated average refund of $3,143 this year when filing their taxes. This is down slightly from the average refund of $3,436 last year. Tax refunds are often thought of as ‘extra money’ that can be used toward larger goals. For anyone looking to buy a […]

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Is Your House Priced To Sell Immediately (PTSI)?

In today’s real estate market, with more houses coming to market every day and eager buyers searching for their dream home, setting the right price for your house is one of the most important things you can do. According to CoreLogic’s latest Home Price Index, home values have risen at over 6% a year over […]

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Do 46 Million Millennials Know They Are Mortgage Ready?

Do 46 Million Millennials Know They Are Mortgage Ready? | Simplifying The MarketMany have written about the millennial generation and whether or not they, as a whole, believe in homeownership as part of attaining the American Dream. Millennials have taken longer to obtain traditional milestones than the generations before them, such as getting married, having kids, and buying a home. However, that does not mean that they […]

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What Credit Score Do You Need To Buy A House?

What Credit Score Do You Need To Buy A House? | Simplifying The MarketThere are many misconceptions about the credit score needed to buy a house. Recently, it was reported that 24% of renters believe they need a 780-800 credit score to be considered for a mortgage. The reality is they are misinformed! Only 25% of the Americans have a FICO® Score between 740 and 800. Here is […]

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Want To Increase Your Family’s Wealth? Here’s How!

Want To Increase Your Family’s Wealth? Here’s How! | Simplifying The MarketEveryone 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 are paying off a […]

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