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4 Reasons to Buy A Home This Summer

Here are four reasons to consider buying today instead of waiting. 1. Prices Will Continue to Rise CoreLogic’s latest U.S. Home Price Insights reports that home prices have appreciated by 3.7% over the last 12 months. The same report predicts that prices will continue to increase at a rate of 4.8% over the next year. Home values will continue to appreciate. Waiting may no longer makes sense. 2. Mortgage Interest Rates Are Projected to Increase Freddie Mac’s Primary Mortgage Market Survey shows that interest rates [...]

By |2019-06-03T04:00:23-06:00June 3rd, 2019|First Time Home Buyers, For Buyers, For Sellers, Interest Rates, Move-Up Buyers, Rent vs. Buy|Comments Off on 4 Reasons to Buy A Home This Summer

The Top Reasons to Own Your Home [INFOGRAPHIC]

Some Highlights: June is National Homeownership Month! Now is a great time to reflect on the many benefits of homeownership that go way beyond the financial. What reasons do you have to own your own home?

By |2019-05-31T04:00:44-06:00May 31st, 2019|First Time Home Buyers, For Buyers, For Sellers, Infographics, Move-Up Buyers, Rent vs. Buy|Comments Off on The Top Reasons to Own Your Home [INFOGRAPHIC]

The Ultimate Truth about Housing Affordability

There have been many headlines decrying an “affordability crisis” in the residential real estate market. While it is true that buying a home is less affordable than it had been over the last ten years, we need to understand why and what that means. On a monthly basis, the National Association of Realtors (NAR), produces a Housing Affordability Index. According to NAR, the index… “…measures whether or not a typical family earns enough income to qualify for a mortgage loan on a typical home at [...]

By |2019-05-30T04:00:58-06:00May 30th, 2019|First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers|Comments Off on The Ultimate Truth about Housing Affordability

Multigenerational Homes Are on the Rise

As loved ones start to get older, we start to wonder: how long will they be able to live alone? Will they need someone there to help them with daily life? There’s a reason to ask those questions now more than ever, as the average life expectancy in the U.S. is 78 years old!  As a result, 41% of Americans in the market are searching for a home that can accommodate a multigenerational family. The graph below shows the number of people by generation that [...]

By |2019-05-29T04:00:04-06:00May 29th, 2019|Baby Boomers, Demographics, First Time Home Buyers, For Buyers, For Sellers, Generation X, Housing Market Updates, Millennials, Move-Up Buyers, Senior Market|Comments Off on Multigenerational Homes Are on the Rise

2 Things You Need to Know to Properly Price Your Home

In today’s housing market, home prices are increasing at a slower pace (3.7%) than they have over the last eight years (6-7%). However, they are still are above historical norms. Low supply of listed homes and high demand from buyers has pushed prices to rise rapidly. In the mind of the homeowner, annual home price appreciation over 6% has become the new normal. This becomes a challenge when a homeowner looks to refinance or sell their home, as the expectation of what the homeowner believes [...]

By |2019-05-28T04:00:23-06:00May 28th, 2019|First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers, Pricing|Comments Off on 2 Things You Need to Know to Properly Price Your Home

The Impact Staging Your Home Has On Your Sale Price [INFOGRAPHIC]

Some Highlights: The National Association of Realtors surveyed their members & released the findings of their Profile of Home Staging. 62% of seller’s agents say that staging a home decreases the amount of time a home spends on the market. 50% of staged homes saw a 1-10% increase in dollar-value offers from buyers. 77% of buyer’s agents said staging made it easier for buyers to visualize the home as their own. The top rooms to stage in order to attract more buyers are the living [...]

By |2019-05-24T04:00:02-06:00May 24th, 2019|First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers|Comments Off on The Impact Staging Your Home Has On Your Sale Price [INFOGRAPHIC]

4 Most Popular Bottom Line Investments in America

Every year, Gallup surveys Americans to determine their choice for the best long-term investment. Respondents are given a choice between real estate, stocks, gold, and savings accounts. For the sixth year in a row, real estate has come out on top as the best long-term investment! That has not always been the case. Gallup explains: “Between 2008 and 2010, covering most of the Great Recession period that saw plummeting home and stock values, Americans were as likely to name savings accounts or CDs as the [...]

By |2019-05-23T04:00:30-06:00May 23rd, 2019|First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers|Comments Off on 4 Most Popular Bottom Line Investments in America

Boomerang Buyers: Don’t Be Afraid to Buy a Home Again!

According to CoreLogic, from 2006 to 2014 “there were 7.3 million housing foreclosures and 1.9 million short sales.” The hesitation some Americans feel after experiencing a foreclosure brings to mind the old saying: “Fool me once- shame on you. Fool me twice- shame on me.” According to the 2019 Home Buyer Report from NerdWallet, “Thirteen percent of Americans have lost a home due to a financial event such as foreclosure in the past 10 years. More than 6 in 10 of them (61%) have not [...]

By |2019-05-22T04:00:09-06:00May 22nd, 2019|First Time Home Buyers, For Buyers, For Sellers, Foreclosures, Housing Market Updates, Move-Up Buyers|Comments Off on Boomerang Buyers: Don’t Be Afraid to Buy a Home Again!

Starting the Search for Your Dream Home? Here Are 5 Tips!

In today’s real estate market, low inventory dominates the conversation in many areas of the country. It can often be frustrating to be a first-time homebuyer if you aren’t prepared. In a realtor.com article entitled, “How to Find Your Dream Home—Without Losing Your Mind,” the author highlights some steps that first-time homebuyers can take to help carry their excitement of buying a home throughout the whole process. 1. Get Pre-Approved for a Mortgage Before You Start Your Search One way to show you are serious about buying your dream [...]

By |2019-05-20T04:00:40-06:00May 20th, 2019|First Time Home Buyers, For Buyers, For Sellers, Move-Up Buyers|Comments Off on Starting the Search for Your Dream Home? Here Are 5 Tips!

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 market value and are all in either May or June! “Families start their home search when they know their kids will be out of school and when the weather is ideal for home viewing and moving, [...]

By |2019-05-17T04:00:31-06:00May 17th, 2019|First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Infographics, Move-Up Buyers|Comments Off on Top Days to List Your Home for Sale [INFOGRAPHIC]