Thinking of Selling? You Should Do It TODAY!!

By |2017-10-16T10:00:41-07:00October 16th, 2017|Categories: For Sellers, Housing Market Updates, Move-Up Buyers, Real Estate|

That headline might be a little aggressive; however, as August 2017’s housing market data begins to roll in, we can definitely say one thing: If you are considering selling, IT IS TIME TO LIST YOUR HOME TODAY! In a recent article by CBS News, they explained that the number of existing home sales is shrinking, [...]

4 Reasons to Sell This Fall [INFOGRAPHIC]

By |2017-10-13T10:00:43-07:00October 13th, 2017|Categories: First Time Home Buyers, For Buyers, For Sellers, Infographics, Move-Up Buyers, Real Estate|

Some Highlights: Buyer demand continues to outpace the supply of homes for sale! Buyers are often competing with one another for the listings that are available! Housing inventory is still under the 6-month supply that is needed for a normal housing market. Perhaps the time has come for you and your family to move on [...]

Net Worth of Homeowners 44X Greater than Renters

By |2017-10-12T10:00:38-07:00October 12th, 2017|Categories: First Time Home Buyers, For Buyers, For Sellers, Move-Up Buyers, Real Estate, Rent vs. Buy|

Every three years, the Federal Reserve conducts their Survey of Consumer Finances in which they collect data across all economic and social groups. The latest survey data, covering 2013-2016 was released two weeks ago. The study revealed that the 2016 median net worth of homeowners was $231,400 – a 15% increase since 2013. At the same time, the median net [...]

Builder Offering to Pay Off Student Loans for Buyers

By |2017-10-11T10:00:36-07:00October 11th, 2017|Categories: First Time Home Buyers, For Buyers, Millennials, Move-Up Buyers, Real Estate|

Millennials are on track to become the most educated generation in history. This means they are also the generation with the most student debt. Depending on the type of degree earned, as well as the prestige of the institution attended, there are some millennials who graduate college with what equates to a mortgage payment. For [...]

Millionaire to Millennials: Buy a Home Now!

By |2017-10-10T10:00:40-07:00October 10th, 2017|Categories: First Time Home Buyers, For Buyers, Move-Up Buyers, Real Estate|

In a CNBC article, self-made millionaire David Bach explained that “the single biggest mistake millennials are making” is not purchasing a home because buying real estate is “an escalator to wealth.” Bach went on to explain: “If millennials don’t buy a home, their chances of actually having any wealth in this country are little to none. The average homeowner to [...]

No… You Do Not Need 20% Down to Buy NOW!

By |2017-10-09T10:00:07-07:00October 9th, 2017|Categories: Down Payments, First Time Home Buyers, For Buyers, Move-Up Buyers, Real Estate|

The Aspiring Home Buyers Profile from the National Association of Realtors (NAR) found that the American public is still somewhat confused about what is required to qualify for a home mortgage loan in today’s housing market. The results of the survey show that non-homeowners cite the main reason for not currently owning a home, as not [...]

The Truth About Homeowner Equity

By |2020-05-15T13:37:01-07:00October 5th, 2017|Categories: For Sellers, Move-Up Buyers, Real Estate|

A recent article from a reputable news source was titled: Here’s why some homeowners still can’t sell. In the opening bullets of the article, the author claimed, “Negative equity is one of the main reasons why there are so few homes for sale.” The article then goes on to soften that stance but we want [...]

A Tale of Two Markets: A 6-Month Update

By |2017-10-04T10:00:22-07:00October 4th, 2017|Categories: First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers, Real Estate|

Six months ago, we reported that the mismatch between the type of inventory of homes for sale and the demand of buyers in the US was causing the formation of two markets. In the starter and trade-up home categories, there were significantly more buyers than there were homes for sale, causing a seller’s market. In [...]

You Don’t Want to Hear This from Your Listing Agent

By |2020-05-15T13:37:01-07:00October 3rd, 2017|Categories: First Time Home Buyers, For Buyers, For Sellers, Real Estate|

You’ve decided to sell your house. You begin to interview potential real estate agents to help you through the process. You need someone you trust enough to: Set the market value on possibly the largest asset your family owns (your home) Set the time schedule for the successful liquidation of that asset Set the fee [...]

Which Homes Have Increased in Value the Most?

By |2017-10-02T10:00:42-07:00October 2nd, 2017|Categories: First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers, Real Estate|

Home values have risen dramatically over the last twelve months. The latest Existing Home Sales Report from the National Association of Realtors puts the annual increase in the median existing-home price at 5.6%. CoreLogic, in their most recent Home Price Index Report, revealed that national home prices have increased by 6.7% year-over-year. CoreLogic broke appreciation down ever further into four price [...]