Lack of Existing Home Sales Inventory Impacting Sales [INFOGRAPHIC]

By |2016-09-30T10:00:54-07:00September 30th, 2016|Categories: For Buyers, For Sellers, Housing Market Updates, Real Estate|

Some Highlights:Existing home inventory is down 10.1% from last year.A lack of inventory explains the modest increase in home sales (0.8% year-over-year) despite strong buyer demand.Existing home prices increased 5.1% year-over-year, which is directly related to the lack of inventory.Powered by WPeMatico

Home Sales Expected to Increase Nicely in 2017

By |2016-09-29T10:00:24-07:00September 29th, 2016|Categories: For Sellers, Housing Market Updates, Real Estate|

The National Association of Realtors, The Mortgage Bankers’ Association, Freddie Mac and Fannie Mae are all projecting that home sales will increase in 2017. Here is a chart showing what each entity is projecting in sales for this year and the next.As we can see, each is projecting sizable increases in home sales next year. [...]

Why We All Need a 'Phil Dunphy' on Our Side

By |2020-05-15T13:37:10-07:00September 28th, 2016|Categories: First Time Home Buyers, For Buyers, For Sellers, Move-Up Buyers, Real Estate|

Whether or not you’ve ever seen an episode of Modern Family, or know who Phil Dunphy’s character is, the concept of knowing that you have someone in your corner who is looking out for your best interests is something we all want.When it comes to buying a home, whether you are a rookie homebuyer or [...]

US Housing Market Moving Further into ‘Buy Territory’

By |2016-09-27T10:00:16-07:00September 27th, 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, the U.S. housing market has continued to move deeper into buy territory, supporting the belief that housing markets across the country remain a sound investment.The BH&J Index is a quarterly report that attempts to answer the question:In today’s housing market, is it better to [...]

4 Reasons to Buy This Fall

By |2016-09-26T10:00:08-07:00September 26th, 2016|Categories: First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers, Real Estate|

It’s that time of year; the seasons are changing and with them come thoughts of the upcoming holidays, family get-togethers, and planning for a new year. Those who are on the fence about whether or not now is the right time to buy don’t have to look much further to find four great reasons to [...]

Foreclosure Rate Drops to Pre-Crisis Levels [INFOGRAPHIC]

By |2016-09-23T10:00:34-07:00September 23rd, 2016|Categories: First Time Home Buyers, For Buyers, For Sellers, Foreclosures, Housing Market Updates, Infographics, Move-Up Buyers, Real Estate|

Some Highlights:Only 2.9% of homes are in serious delinquency, down 17.1% from July 2015.This is the 57th consecutive month with a year-over-year decline.The national foreclosure rate has returned to August 2007 levels, at only 0.9%.Powered by WPeMatico

5 Stats That Prove the Real Estate Market Is Getting Stronger

By |2016-09-22T10:00:49-07:00September 22nd, 2016|Categories: First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers, New Construction, Real Estate|

Whenever there is talk about an improving housing market, some begin to show concern that we may be headed toward another housing bubble that will be followed by a crash similar to the one we saw last decade.Here are five data points that show the housing market will continue to recover, and that a new [...]

76% Of US Homeowners Now Have at Least 20% Equity in Their Homes!

By |2020-05-15T13:37:10-07:00September 20th, 2016|Categories: First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers, Real Estate|

CoreLogic’s latest Equity Report revealed that 91.1% of all mortgaged properties are now in a positive equity situation, while 75.9% now have significant equity (defined as more than 20%)! The report also revealed that 548,000 households regained equity in the second quarter of 2016 and are no longer under water.Price Appreciation = Good News for HomeownersFrank Nothaft, CoreLogic’s Chief [...]

Don’t Underestimate the Importance of Using an Agent When Selling Your Home

By |2020-05-15T13:37:11-07:00September 19th, 2016|Categories: For Sellers, 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 real [...]