Homeowner’s Net Worth is 45x Greater Than a Renter’s

By |2016-02-15T11:00:40-07:00February 15th, 2016|Categories: For Buyers, Housing Market Updates, Move-Up Buyers, Real Estate|

Every three years the Federal Reserve conducts a 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). In a Forbes article the National Association of Realtors’ (NAR) Chief Economist Lawrence Yun [...]

How Do You Know If You’ve Found Your ‘Perfect Match’? [INFOGRAPHIC]

By |2020-05-15T13:37:17-07:00February 12th, 2016|Categories: For Buyers, For Sellers, Infographics, Real Estate|

Some Highlights: Every agent brings a different set of skills & specialties to their clients. It is important to find an agent who you can trust to guide you through the entire process step-by-step. Having a conversation about your goals & expectations will not only save you unneeded frustration, but will also make the transaction [...]

Do You Know How Much Equity You Have In Your Home? You May Be Surprised!

By |2016-02-10T11:00:29-07:00February 10th, 2016|Categories: For Sellers, Move-Up Buyers, Real Estate|

CoreLogic’s latest Equity Report revealed that 256,000 properties regained equity in the third quarter of 2015. This is great news for the country, as 92% of all mortgaged properties are now in a positive equity situation. Price Appreciation = Good News For Homeowners Frank Nothaft, CoreLogic’s Chief Economist, explains: “Home price growth continued to lift [...]

This Time “Mr. Wonderful” is just WRONG!!

By |2020-05-15T13:37:18-07:00February 4th, 2016|Categories: For Buyers, Housing Market Updates, Millennials, Real Estate|

Recently, on CNBC’s Closing Bell, Shark Tank investor Kevin O’Leary, also known as “Mr. Wonderful,” said Millennials “don’t give a poo-poo about owning a house.” This thinking couldn’t be further from the truth. Let’s give a few examples to make this point. 1.) In the recent National Housing Market Survey conducted by Fannie Mae, it [...]

Will Appraisals Continue to be a Challenge in 2016?

By |2020-05-15T13:37:18-07:00February 3rd, 2016|Categories: For Sellers, Housing Market Updates, Pricing, Real Estate|

First American Title issues a quarterly report, the Real Estate Sentiment Index (RESI), which “measures title agent sentiment on a variety of key market metrics and industry issues”. Their 2015 4th Quarter Edition revealed some interesting information regarding possible challenges with appraisal values as we head into 2016. “The fourth quarter RESI found that title [...]

No Matter Which Groundhog You Listen To, You Should Sell Before Spring!

By |2016-02-02T11:00:55-07:00February 2nd, 2016|Categories: For Sellers, Housing Market Updates, Pricing, Real Estate|

Is spring closer than we think? Depending on which Groundhog you witnessed today, you may have less time than you think to get your home on the market before the busy spring season. Many sellers feel that the spring is the best time to place their home on the market as buyer demand traditionally increases [...]