Lack of Inventory Challenging Many Housing Markets

By |2020-05-15T13:37:17-07:00March 17th, 2016|Categories: For Sellers, Housing Market Updates, Real Estate|

Going into the 2016 spring market, the biggest challenge the real estate industry has is the lack of available housing inventory for sale. Here are a few experts and their thoughts on the subject: David Crowe, Chief Economist for the National Association of Home Builders: “Many sellers may not have an absolute decision as to [...]

Gap Between Homeowner’s & Appraiser’s Opinions Widen

By |2016-03-15T10:00:27-07:00March 15th, 2016|Categories: For Sellers, Pricing, Real Estate|

In today’s housing market, where supply is very low and demand is very high, home values are increasing rapidly. One major challenge in such a market is the bank appraisal. If prices are surging, it is difficult for appraisers to find adequate, comparable sales (similar houses in the neighborhood that closed recently) to defend the [...]

What If I Wait Until Next Year To Buy A Home?

By |2016-03-14T10:00:45-07:00March 14th, 2016|Categories: First Time Home Buyers, For Buyers, For Sellers, Move-Up Buyers, Pricing, Real Estate|

As a seller, you will be most concerned about ‘short term price’ – where home values are headed over the next six months. As either a first-time or repeat buyer, you must not be concerned only about price but also about the ‘long term cost’ of the home. Let us explain. There are many factors [...]

The Difference An Hour Makes This Spring [INFOGRAPHIC]

By |2016-03-11T11:00:32-07:00March 11th, 2016|Categories: For Buyers, For Sellers, Infographics, Pricing, Real Estate|

Some Highlights: Sunday, March 13th, we "Spring Forward" one hour for Daylight Savings Time (except for our friends in HI & AZ). Every hour in the United States, 624 homes will sell and 118 homes will regain positive equity. The median home value will also increase each hour in the United States by $1.84. Powered by [...]

Yes, Home Prices Are Rising. No, a New Housing Bubble is NOT Forming

By |2016-03-10T11:00:40-07:00March 10th, 2016|Categories: For Buyers, For Sellers, Housing Market Updates, Real Estate|

We recently reported that home prices are continuing to rise across most of the nation. This has created concern in some pundits that a housing bubble, like we saw ten years ago, is forming again. We want to explain why these concerns are unfounded. The current increase in home values can be easily explained by [...]

Housing Market To “Spring Forward” This Year

By |2020-05-15T13:37:17-07:00March 9th, 2016|Categories: For Sellers, Housing Market Updates, Real Estate|

Just like our clocks this weekend in the majority of the country, the housing market will soon “spring forward!” Similar to tension in a spring, the lack of inventory available for sale in the market right now is what is holding back the market. Many potential sellers believe that waiting until Spring is in their [...]

Study Again Finds Homeownership to be a Better Way of Producing Wealth

By |2016-03-08T11:00:52-07:00March 8th, 2016|Categories: First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers, Real Estate|

According to the latest Beracha, Hardin & Johnson Buy vs. Rent (BH&J) Index homeownership is a better way to produce greater wealth, on average, than renting. The BH&J Index is a quarterly report that attempts to answer the question: Is it better to rent or buy a home in today’s housing market? The index examines [...]

Put Your Housing Cost To Work For You!

By |2016-03-07T11:00:34-07:00March 7th, 2016|Categories: First Time Home Buyers, For Buyers, Interest Rates, Move-Up Buyers, Pricing, Real Estate|

There are many young people debating whether they should renew the lease on their apartment or sign a contract to purchase their first home. As we have said before, mortgage interest rates are still near historic lows and rents continue to rise. Housing Cost & Net Worth Whether you rent or buy, you have a [...]