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The 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 home markets which is causing prices to cool. Demand continues to rise with lower-than-normal inventory levels in the starter and trade-up home markets, causing prices to rise on a year-over-year basis for 80 consecutive months.

By |2018-12-07T05:00:26+00:00December 7th, 2018|First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Infographics, Move-Up Buyers|Comments Off on The Tale of Two Markets [INFOGRAPHIC]

Home Prices Up 6.34% Across the Country! [INFOGRAPHIC]

Some Highlights: The Federal Housing Finance Agency (FHFA) recently released their latest Quarterly Home Price Index report. In the report, home prices are compared both regionally and by state. Based on the latest numbers, if you plan on relocating to another state, waiting to move may end up costing you more!

By |2018-11-30T05:00:55+00:00November 30th, 2018|First Time Home Buyers, For Buyers, For Sellers, Infographics, Move-Up Buyers, Pricing|Comments Off on Home Prices Up 6.34% Across the Country! [INFOGRAPHIC]

Existing Home Sales Slowed by a Lack of Listings [INFOGRAPHIC]

Some Highlights: Existing home sales are currently at an annual pace of 5.22 million, which is up 1.4% over last month. This reverses the six-month trend of dips in sales every month. The inventory of existing homes is still below the 6-month supply needed for a normal market and is now at a 4.3-month supply. NAR’s Chief Economist, Lawrence Yun, had this to say: “After six consecutive months of decline, buyers are finally stepping back into the housing market. As more inventory enters the market [...]

By |2018-11-23T05:00:49+00:00November 23rd, 2018|For Buyers, For Sellers, Housing Market Updates, Infographics|Comments Off on Existing Home Sales Slowed by a Lack of Listings [INFOGRAPHIC]

The Cost of Renting vs. Buying a Home [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 (28.4%) vs. the percentage needed to buy a median-priced home (17.5%), the choice becomes obvious. Every market is different. Before you renew your lease again, find out if you can put your housing costs to work by buying this year!

By |2018-11-16T05:00:40+00:00November 16th, 2018|Buying Myths, First Time Home Buyers, For Buyers, Infographics, Rent vs. Buy|Comments Off on The Cost of Renting vs. Buying a Home [INFOGRAPHIC]

VA Home Loans by the Numbers [INFOGRAPHIC]

Some Highlights: The Veterans Administration (VA) Home Loan is a benefit that is available to more than 22 million veterans & 2 million active duty service members which helps them achieve their dreams of homeownership. In 2017, $189 billion was loaned to veterans and their families through the program. VA Purchase Loans are on the rise in 46 out of 50 states and Washington, DC.

By |2018-11-09T05:00:50+00:00November 9th, 2018|First Time Home Buyers, For Buyers, Infographics, Move-Up Buyers|Comments Off on VA Home Loans by the Numbers [INFOGRAPHIC]

The Difference an Hour Will Make This Fall [INFOGRAPHIC]

Every Hour in the US Housing Market:  596 Homes Sell 278 Homes Regain Positive Equity Median Home Values Go Up $1.20

By |2018-11-02T04:00:41+00:00November 2nd, 2018|For Buyers, For Sellers, Housing Market Updates, Infographics|Comments Off on The Difference an Hour Will Make This Fall [INFOGRAPHIC]

Buying a Home Can Be Scary… Until You Know the Facts [INFOGRAPHIC]

Some Highlights: Many potential homebuyers believe that they need a 20% down payment and a 780 FICO® score to qualify to buy a home which stops many of them from even trying! Here are some facts: 72% of buyers who purchased homes this year have put down less than 20%. 76.4% of loan applications were approved last month. The average credit score of approved loans was 727 in September.

By |2018-10-26T04:00:10+00:00October 26th, 2018|Buying Myths, First Time Home Buyers, For Buyers, Infographics|Comments Off on Buying a Home Can Be Scary… Until You Know the Facts [INFOGRAPHIC]

20 Tips for Preparing Your House for Sale This Fall [INFOGRAPHIC]

Some Highlights: When listing your house for sale, your top goal will be to get the home sold for the best price possible! There are many small projects that you can do to ensure this happens! Your real estate agent will have a list of specific suggestions for getting your house ready for market and is a great resource for finding local contractors who can help!

By |2018-10-19T04:00:19+00:00October 19th, 2018|For Sellers, Infographics|Comments Off on 20 Tips for Preparing Your House for Sale This Fall [INFOGRAPHIC]

Buying a Home? Do You Know the Lingo? [INFOGRAPHIC]

Some Highlights: Buying a home can be intimidating if you are not familiar with the terms used during the process. To start you on your path with confidence, we have compiled a list of some of the most common terms used when buying a home. The best way to ensure that your home-buying process is a confident one is to find a real estate professional who not only puts your family’s needs first, but will guide you through every aspect of the transaction with ‘the heart [...]

By |2018-10-12T04:00:08+00:00October 12th, 2018|First Time Home Buyers, For Buyers, Infographics, Move-Up Buyers|Comments Off on Buying a Home? Do You Know the Lingo? [INFOGRAPHIC]

Buying a Home is Cheaper than Renting in 38 States! [INFOGRAPHIC]

Some Highlights: According to a study by GOBankingRates, it is cheaper to buy a home than rent in 38 states across the country. In six states the difference between buying & renting would account for less than a $50 monthly difference, leaving the choice up to the individual family. Nationwide, it is now 26.3% cheaper to buy.

By |2018-10-05T04:00:01+00:00October 5th, 2018|Buying Myths, First Time Home Buyers, For Buyers, Infographics, Rent vs. Buy|Comments Off on Buying a Home is Cheaper than Renting in 38 States! [INFOGRAPHIC]