Days on The Market Drops to New Low in April

By |June 11th, 2018|

According to recently released data from the National Association of Realtors (NAR), the median number of days that a home spent on the market hit a new low of 26 days in April, as 57% of homes were on the market for under a month. NAR’s Chief Economist, Lawrence Yun, had this to say, “What is available for sale is [...]

The Cost of Renting vs. Buying [INFOGRAPHIC]

By |June 8th, 2018|

Some Highlights: Historically, the choice between renting or buying a home has been a tough decision. Looking at the percentage of income needed to rent a median-priced home today (28.8%) vs. the percentage needed to buy a median-priced home (17.1%), the choice becomes obvious. Every market is different. Before you renew your lease again, find [...]

Did Tax Reform Kill the Luxury Market? NOT SO FAR!

By |June 7th, 2018|

The new tax code limits the deduction of state and local property taxes, as well as income or sales taxes, to a total of $10,000. When the tax reform legislation was put into law at the beginning of the year, some experts felt that it could have a negative impact on the luxury housing market. [...]

Homeowners & Appraisers See the Most Eye-to-Eye on Price in 3 Years

By |June 6th, 2018|

In today’s housing market, where supply is very low and demand is very high, home values are increasing rapidly. Many experts are projecting that home values could appreciate by another 5% (or more) over the next twelve months. One major challenge in such a market is the bank appraisal. When prices are surging, it is [...]

4 Steps to Follow When Presenting an Offer in Today’s Market!

By |June 5th, 2018|

So, you’ve been searching for that perfect house to call a ‘home,’ and you’ve finally found it! The price is right, and in such a competitive market, you want to make sure that you make a great offer so that you can guarantee that your dream of making this house yours comes true! Below are [...]

4 Reasons Why Summer Is a Great Time to Buy a Home!

By |June 4th, 2018|

Here are four great reasons to consider buying a home today instead of waiting. 1. Prices Will Continue to Rise CoreLogic’s latest Home Price Insights reports that home prices have appreciated by 7% over the last 12 months. The same report predicts that prices will continue to increase at a rate of 5.2% over the next year. Home [...]

Top Reasons to Own Your Home [INFOGRAPHIC]

By |June 1st, 2018|

Some Highlights: June is National Homeownership Month! Now is a great time to reflect on the many benefits of homeownership that go way beyond the financial. What reasons do you have to own your own home?