No Worries… Home Prices Coming in for a SOFT Landing

By |2019-02-28T11:00:43-07:00February 28th, 2019|Categories: First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers, Pricing, Real Estate|

Home prices have appreciated considerably over the last five years. This has some concerned that we may be in for another dramatic correction. However, recent statistics suggest home values will not crash as they did a decade ago. Instead, this time they will come in for a soft landing. The previous housing market was fueled [...]

Interest Rates Hit New 12 Month Low!

By |2019-02-27T11:00:18-07:00February 27th, 2019|Categories: First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers, Real Estate|

According to Freddie Mac’s Primary Mortgage Market Survey, interest rates for a 30-year fixed rate mortgage are currently at their lowest for 2019. Rates like these haven’t been seen since February 2018! Last week’s survey results reported an interest rate of 4.35%. This is a welcome change from the near 5% rates seen in mid-November. [...]

What are the Benefits of Becoming a Homeowner?

By |2020-05-15T13:36:50-07:00February 26th, 2019|Categories: First Time Home Buyers, For Buyers, Move-Up Buyers, Real Estate, Rent vs. Buy|

Every family has a list of important dates. We celebrate birthdays, anniversaries, pet adoptions…and the list goes on. For 64.4 percent of households in the United States, this list includes the day they became a homeowner for the first time! Why is this date important? Homeownership is not just a roof over your head! It [...]

How Can I Increase My Family’s Net Worth?

By |2019-02-25T11:00:31-07:00February 25th, 2019|Categories: First Time Home Buyers, For Buyers, Move-Up Buyers, Real Estate, Rent vs. Buy|

Every three years, the Federal Reserve conducts their Survey of Consumer Finances. Data is collected across all economic and social groups. The latest survey data covers 2013-2016. The study revealed that the median net worth of a homeowner is $231,400 – a 15% increase since 2013. At the same time, the median net worth of [...]

3 Reasons Why We Are Not Heading Toward Another Housing Crash

By |2019-02-21T11:00:58-07:00February 21st, 2019|Categories: First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers, Real Estate|

With home prices softening, some are concerned that we may be headed toward the next housing crash. However, it is important to remember that today’s market is quite different than the bubble market of twelve years ago. Here are three key metrics that will explain why: Home Prices Mortgage Standards Foreclosure Rates HOME PRICES A [...]

Why A Normal Market is Just What We Need

By |2019-02-20T11:00:40-07:00February 20th, 2019|Categories: First Time Home Buyers, For Buyers, For Sellers, Move-Up Buyers, Pricing, Real Estate, Rent vs. Buy|

The housing market has been hot for a while now. Homes have been flying off the shelves as fast as they have been listed. Buyers have been competing in bidding wars just to find a home to buy, let alone find their dream home. This ‘seller’s market’ has driven home prices to new heights. Home [...]

2019 Will Be a Great Year for Buyers AND Sellers

By |2019-02-19T11:00:29-07:00February 19th, 2019|Categories: First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers, Real Estate|

Many homeowners believe that rising interest rates and home prices have scared away buyers and therefore have not listed their houses for sale. However, the truth is that buyers who were unable to find a home last year are out in force, and there are even more coming! NerdWallet’s 2018 Home Buyer Report revealed that: [...]

Millionaire To Millennials: Don’t Get Stuck Renting A Home… Buy One!

By |2019-02-18T11:00:57-07:00February 18th, 2019|Categories: First Time Home Buyers, For Buyers, Millennials, Move-Up Buyers, Real Estate, Rent vs. Buy|

In a CNBC article, self-made millionaire David Bach explained that: “The biggest mistake millennials are making is not buying their first home.” He goes on to say that, “If you want to build real financial security, real wealth for your lifetime, then you need to buy a home.” Bach went on to explain: “Homeowners are [...]

Where Did Americans Move in 2018? [INFOGRAPHIC]

By |2019-02-15T11:00:57-07:00February 15th, 2019|Categories: First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Infographics, Move-Up Buyers, Real Estate|

Some Highlights: Every year United Van Lines conducts their National Movers Study by tracking their customer’s movement state-to-state over the course of the year. Vermont claimed the top spot of states with the highest percentage of inbound residents following a campaign that covered relocation costs for skilled workers who moved to the state. The most [...]

First Comes Love… Then Comes Mortgage? Couples Lead the Way

By |2019-02-14T11:00:14-07:00February 14th, 2019|Categories: First Time Home Buyers, For Buyers, Real Estate|

According to the National Association of REALTORS most recent Profile of Home Buyers & Sellers, married couples once again dominated the first-time homebuyer statistics in 2018 at 54% of all buyers. It is no surprise that buying a home is more attainable with two incomes to save for down payments and contribute to monthly housing costs. However, many couples [...]