58% of Homeowners See a Drop in Home Values Coming

By |2017-08-17T10:00:54-07:00August 17th, 2017|Categories: For Buyers, Housing Market Updates, Move-Up Buyers, Real Estate|

According to the recently released Modern Homebuyer Survey from ValueInsured, 58 percent of homeowners think there will be a “housing bubble and price correction” within the next 2 years. After what transpired just ten years ago, we can understand the concern Americans have about the current increase in home prices. However, this market has very [...]

Sellers: Your Home is an Oasis in an Inventory Desert

By |2017-08-16T10:00:02-07:00August 16th, 2017|Categories: For Sellers, Move-Up Buyers, Real Estate|

First-time homebuyers are flocking to the real estate market by the thousands to find their dream homes in order to make their dreams of homeownership a reality. Unfortunately for many, the inventory of starter and trade-up homes in the US has struggled to keep up with demand! According to the National Association of Realtors (NAR), [...]

Homes Are Selling Quickly Nationwide

By |2020-05-15T13:37:01-07:00August 15th, 2017|Categories: For Sellers, Housing Market Updates, Move-Up Buyers, Real Estate|

The National Association of Realtors (NAR) recently released their latest Existing Home Sales Report, which revealed that homes were on the market for an average of 28 days in June. This is a slight increase from the 27 days reported in May, but down from 34 days reported a year ago. 54% of homes across the country were [...]

Homeowner’s Net Worth Is Still Greater Than a Renter’s

By |2020-05-15T13:37:01-07:00August 14th, 2017|Categories: First Time Home Buyers, For Buyers, Move-Up Buyers, Real Estate|

Every three years, the Federal Reserve conducts their Survey of Consumer Finances in which they collect data across all economic and social groups. The latest survey, which includes data from 2010-2013, reports that a homeowner’s net worth is 36 times greater than that of a renter ($194,500 vs. $5,400).  The latest survey data, covering 2014-2016 will [...]

What State Gives You the Most ‘Bang for Your Buck’? [INFOGRAPHIC]

By |2020-05-15T13:37:02-07:00August 11th, 2017|Categories: For Buyers, For Sellers, Infographics, Real Estate|

Some Highlights: Thinking of moving across the country? How far will your money take you? The majority of states in the Midwest and South offer a lower cost of living compared to Northeast and Western states. The ‘Biggest Bang for your Buck’ comes in Mississippi where, compared to the national average, you can actually purchase [...]

Hey, Millennial Homeowners!! It May Be Time to Sell

By |2017-08-10T10:00:28-07:00August 10th, 2017|Categories: For Sellers, Millennials, Move-Up Buyers, Real Estate|

Contrary to what many believe, Millennials are not the ‘renter’ generation. Millennials purchased a larger percentage (34%) of homes in the U.S. than any other age group in 2017 and the most recent Census Bureau report shows that the homeownership rate among Millennials is finally on the rise. Many Millennials took advantage of post housing [...]

Housing Inventory Hits 30-Year Low

By |2017-08-09T10:00:05-07:00August 9th, 2017|Categories: For Sellers, Housing Market Updates, Real Estate|

Spring is traditionally the busiest season for real estate. Buyers, experiencing cabin fever all winter, emerge like flowers through the snow in search of their dream home. Homeowners, in preparation for the increased demand, are enticed to list their house for sale and move on to the home that will better fit their needs. New [...]

93.9% Of Homes in The US Have Positive Equity

By |2020-05-15T13:37:02-07:00August 8th, 2017|Categories: For Sellers, Move-Up Buyers, Real Estate|

CoreLogic’s latest Equity Report revealed that ninety-one thousand residential properties regained equity in Q1 2017. The outlook for 2017 remains positive as well, as an additional 600 thousand properties will regain equity if home prices rise another 5% this year.  The study also revealed that: Roughly 63% of all homeowners have seen their equity increase since Q1 2016 [...]

Millennial Homeownership Rate Increases

By |2017-08-03T10:00:21-07:00August 3rd, 2017|Categories: First Time Home Buyers, For Buyers, Housing Market Updates, Real Estate|

Recent headlines exclaimed the homeownership rate, as reported by the Census Bureau, rose again in the second quarter of 2017. What didn’t get much attention in the reports is that the homeownership rate for American households under the age of 35 increased a full percentage point from last quarter’s 34.3% to 35.3%. Millennials proved to [...]