Should I Buy a Home Now? Or Wait Until Next Year? [INFOGRAPHIC]

By |2017-09-29T10:00:05-07:00September 29th, 2017|Categories: First Time Home Buyers, For Buyers, Infographics, Interest Rates, Millennials, Move-Up Buyers, Pricing, Real Estate|

Some Highlights: The Cost of Waiting to Buy is defined as the additional funds it would take to buy a home if prices & interest rates were to increase over a period of time. Freddie Mac predicts interest rates to rise to 4.4% by next year. CoreLogic predicts home prices to appreciate by 5.0% over [...]

Thinking of Selling your Home? Competition is Coming

By |2017-09-28T10:00:41-07:00September 28th, 2017|Categories: For Sellers, Move-Up Buyers, Real Estate|

The number of building permits issued for single-family homes is the best indicator of how many newly built homes will rise over the next few months. According to the latest U.S. Census Bureau and U.S. Department of Housing & Urban Development Residential Sales Report, the number of these permits were up 7.7% over last year. [...]

More Than Half of All Buyers Are Surprised by Closing Costs

By |2020-05-15T13:37:01-07:00September 26th, 2017|Categories: First Time Home Buyers, For Buyers, Move-Up Buyers, Real Estate|

According to a survey conducted by ClosingCorp, over half of all homebuyers are surprised by the closing costs required to obtain their mortgage. After surveying 1,000 first-time and repeat homebuyers, the results revealed that 17% of homebuyers were surprised that closing costs were required at all, while another 35% were stunned by how much higher the fees [...]

How to Get the Most Money from the Sale of Your Home

By |2017-09-25T10:00:45-07:00September 25th, 2017|Categories: For Sellers, FSBO's, Pricing, Real Estate|

Every homeowner wants to make sure they maximize their financial reward when selling their home. But how do you guarantee that you receive maximum value for your house? Here are two keys to ensure that you get the highest price possible. 1. Price it a LITTLE LOW  This may seem counterintuitive. However, let’s look at [...]

Lack of Existing Home Inventory Slows Sales Heading into Fall [INFOGRAPHIC]

By |2017-09-22T10:00:50-07:00September 22nd, 2017|Categories: For Buyers, For Sellers, Infographics, Move-Up Buyers, Pricing, Real Estate|

Some Highlights: The National Association of Realtors (NAR) recently released their latest Existing Home Sales Report. First-time homebuyers made up 31% of all sales in August. Homes are selling quickly with 51% of homes on the market for less than a month. A limited supply continues to drive up prices for the 66th consecutive month.

Why Are So Few Homes for Sale?

By |2020-05-15T13:37:01-07:00September 21st, 2017|Categories: For Buyers, For Sellers, Move-Up Buyers, Real Estate|

There is no doubt that the largest challenge in today’s housing market is a lack of housing inventory for sale. This challenge has been defined as an “overwhelming lack of supply,” and even a “straight up inventory crisis.” First American just released the results of a survey which sheds light on the reasons for the [...]

More Americans Say Now is a Good Time to Sell!

By |2017-09-20T10:00:46-07:00September 20th, 2017|Categories: For Buyers, For Sellers, Move-Up Buyers, Pricing, Real Estate|

Recently released data from Fannie Mae’s National Housing Survey revealed that rising home prices were the catalyst behind an eight-point jump in the net percentage of respondents who say now is a good time to sell. The index is now 21 points higher than it was this time last year. Overall, 62% of Americans surveyed [...]

Top 5 Reasons Why Millennials Choose to Buy [INFOGRAPHIC]

By |2017-09-15T10:00:10-07:00September 15th, 2017|Categories: First Time Home Buyers, For Buyers, Infographics, Millennials, Real Estate|

Some Highlights: “The majority of millennials said they consider owning a home more sensible than renting for both financial and lifestyle reasons — including control of living space, flexibility in future decisions, privacy and security, and living in a nice home.” The top reason millennials choose to buy is to have control over their living [...]