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...]
5 Tips For Home Buyers Searching For Their Dream Home
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 … [Read more...]
Best Days in May and June to List Your Home for Sale [INFOGRAPHIC]
Top days to list your home for sale: A new study from ATTOM Data Solutions shows if you want to get the best price for your house you should list it on these 5 days in May or June. Keep in mind, this is national housing data and the best … [Read more...]
The Story Behind Changing Home Prices
Home values have softened over the last twelve months. We are no longer seeing 6-7% annual appreciation levels for the national housing market. The current numbers are closer to 4%. Some have suggested that year-over-year appreciation … [Read more...]
Freddie Mac’s 4 Tips for Making Competitive Offers
So, you’ve been searching for that perfect house to call ‘home,’ and you’ve finally found it! The price is right, and in such a competitive market, you want to make sure you make a good offer so that you can guarantee that your dream of … [Read more...]
Affordability Research: Good News For First-Time Home Buyers
Home prices have been on the rise for the last seven years, leading many housing market analysts to conclude that first-time homebuyers are being shut out of the market due to affordability concerns. The National Association of Realtors … [Read more...]
Short Supply of Housing Inventory Continues to Impact Housing Market
The housing crisis is finally in the rear-view mirror as the real estate market moves down the road to a complete recovery. Home values are up and distressed sales (foreclosures and short sales) have fallen to their lowest point in years. … [Read more...]
It’s a Buyers or Sellers Market Depending on the Type of Home [INFOGRAPHIC]
A Tale of Two Markets: A trend that has been emerging for some time now is the contrast between inventory and demand in the premium and luxury markets versus the starter and trade-up home markets and what that is in turn doing to … [Read more...]
Let’s Look at What People Are Saying About an Economic Slowdown
Recently, it was reported that many believe a recession could happen within the next two years. We explained that 70% of economists and market analysts surveyed last year believe that a recession will occur in 2019 or 2020 and that 42% of … [Read more...]
Reasons Why Home Buyers Decide to Use a 20% Down Payment
If you are in the market to buy a home this year, you may be confused about how much money you need to come up with for your down payment. Many people you talk to will tell you that you need to save 20% or you won’t be able to secure a … [Read more...]
Home Buyers are Optimistic About Becoming Homeowners
When we consider buying an item, we naturally go through a research process prior to making our decision. We ask our friends and family members who have made similar purchases about their experience, we get opinions and insights, and we … [Read more...]
A Buyer’s Ability to Access Your Home is a Key Factor in Selling Your Home
So, you’ve decided to sell your house. You’ve hired a real estate professional to help you through the entire process, and they have asked you what level of access you want to provide to your potential buyers. There are four elements to … [Read more...]
Spring 2019: The Cost of Renting vs. Buying [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 (27.7%) vs. the percentage needed to buy a … [Read more...]
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