2016 Home Sales Doing Just Fine!!

By |2016-03-31T10:00:07-07:00March 31st, 2016|Categories: First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers, Real Estate|

Some of the housing headlines are causing concern for some consumers who are in the process of either buying or selling a home. Pundits are concerned over the lack of new construction or the month-over-month sales numbers. Let’s set the record straight; 2015 was a good year for residential real estate in the United States [...]

Past, Present & Future Home Values

By |2020-05-15T13:37:16-07:00March 30th, 2016|Categories: First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers, Real Estate|

In CoreLogic’s latest Home Price Index, they revealed home appreciation in three categories: percentage appreciation over the last year, over the last month, and projected appreciation over the next twelve months. Here are state maps for each category: The Past – home appreciation over the last 12 months The Present – home appreciation over the last month The Future – [...]

Sales Contracts Hit Highest Level in Months

By |2016-03-29T10:00:52-07:00March 29th, 2016|Categories: First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers, Real Estate|

The National Association of Realtors (NAR) just announced that the February Pending Home Sales Index reached its highest reading since July 2015. What is the Pending Home Sales Index (PHSI)? NAR’s PHSI is “a forward-looking indicator based on contract signings”. The higher the Pending Home Sales Index number, the more contracts have been signed by [...]

Home Sales Up Year-Over-Year

By |2016-03-25T10:00:25-07:00March 25th, 2016|Categories: For Buyers, For Sellers, Infographics, Real Estate|

Some Highlights This is the 48th consecutive month with year-over-year price gains. Lawrence Yun, NAR's Chief Economist says that, "The main issue continues to be a supply & affordability problem. Finding the right property at an affordable price is burdening many potential buyers." Inventory is still below historic norms at a 4.4 month supply. Powered by WPeMatico

Further Proof This Isn’t a Housing Bubble

By |2020-05-15T13:37:16-07:00March 24th, 2016|Categories: First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers, Real Estate|

Two weeks ago, we posted a blog which explained that current increases in home prices were the result of the well-known concept of supply & demand and should not lead to conversations of a new housing bubble. Today, we want to look at home prices as compared to current incomes. Here is a graph showing [...]

91.5% of Homes in the US have Positive Equity

By |2020-05-15T13:37:16-07:00March 23rd, 2016|Categories: For Buyers, For Sellers, Move-Up Buyers, Real Estate|

CoreLogic’s latest Equity Report revealed that one million borrowers regained equity in their homes in 2015. The outlook for 2016 remains positive as well, as an additional 850,000 properties would regain equity if home prices rose another 5% this year.  The study also revealed: 95% of homes valued over $200,000 now have a positive equity [...]

The Importance of Using an Agent To Sell Your House

By |2020-05-15T13:37:17-07:00March 21st, 2016|Categories: First Time Home Buyers, For Buyers, Move-Up Buyers, Real Estate|

When a homeowner decides to sell their house, they obviously want the best possible price with the least amount of hassles. However, for the vast majority of sellers, the most important result is to actually get the home sold. In order to accomplish all three goals, a seller should realize the importance of using a [...]

The Mortgage Process: What You Need To Know [INFOGRAPHIC]

By |2016-03-18T10:00:14-07:00March 18th, 2016|Categories: Down Payments, First Time Home Buyers, For Buyers, Infographics, Move-Up Buyers, Real Estate|

Some Highlights: Many buyers are purchasing a home with a down payment as little as 3%. You may already qualify for a loan, even if you don't have perfect credit. Take advantage of the knowledge of your local professionals who are there to help you determine how much you can afford. Powered by WPeMatico