Freddie Mac recently released a report entitled, “Perceptions of Down Payment Consumer Research.” Their research revealed that, “For many prospective homebuyers, saving for a down payment is the largest barrier to achieving the goal of … [Read more...]
What Will It Cost To Wait A Year To Buy A Home? [INFOGRAPHIC]
Some Highlights: The “cost of waiting to buy” is defined as the additional funds necessary to buy a home if prices & interest rates were to increase over a period of time. Freddie Mac forecasts interest rates to … [Read more...]
What Baby Boomers Find Important When Selling Their Home
If you are a “baby boomer” (born between 1946 and 1964), you may be thinking about selling your current home. Your children may have finally moved out. Your large, four-bedroom house with three bathrooms no longer fits the bill. Taxes are … [Read more...]
What Does Homeownership Feel Like?
We often talk about the financial reasons why buying a home makes sense. But, more often than not, the emotional reasons are the more powerful and compelling ones. No matter what shape or size your living space is, the concept and … [Read more...]
How Families Can Generate Wealth From Homeownership
There are many financial benefits to homeownership, but probably none more important than its ability to create family wealth. How Housing Matters is a joint project of the Urban Land Institute and the MacArthur Foundation. It is an … [Read more...]
Buying A Home This Summer? Here Are 4 Reasons Why It’s A Good Time.
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 … [Read more...]
Here Are Some Top Reasons to Own Your Home [INFOGRAPHIC]
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. Privacy: Having a space that is solely your own … [Read more...]
Housing Affordability Is Actually Better Than Many Think
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 … [Read more...]
Increasing Number of Homes Are Multigenerational
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 age in the … [Read more...]
2 Insights To Help Price Your Home Correctly
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 … [Read more...]
Should You Stage Your Home When Selling? This Survey May Have Your Answer! [INFOGRAPHIC]
To Stage or Not to Stage? That is the Question! The National Association of Realtors surveyed their members and released the findings of their Annual Profile of Home Staging... Some Highlights: 62% of seller’s agents say that … [Read more...]
Can You Guess America’s Choice for Best Long-Term Investment?
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 … [Read more...]
Were You Foreclosed On Years Ago? 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 … [Read more...]
Majority of Sellers Over the Age of 54
Many studies suggest one of the main reasons for the inventory shortage in today’s market of homes for sale is that older generations have chosen to “age in place” over moving. The 2019 Home Buyers & Sellers Generational Trend Report … [Read more...]
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