A Recession Does Not Equal a Housing Crisis [INFOGRAPHIC]

By |2019-08-30T10:00:12-07:00August 30th, 2019|Categories: Buying Myths, First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Infographics, Move-Up Buyers, Real Estate, Selling Myths|

Some Highlights: There is plenty of talk in the media about a pending economic slowdown. The good news is, home values actually increased in 3 of the last 5 U.S. recessions, and decreased by less than 2% in the 4th. Many experts predict a potential recession is on the horizon. However, housing will not be [...]

iBuyers: What Is the “Cost of Convenience” When Selling Your Home?

By |2020-05-15T13:36:46-07:00August 29th, 2019|Categories: First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers, Real Estate|

When thinking about selling their house, homeowners have many options. A relatively new option is using an “iBuyer.” What is an iBuyer? According to Jovio, the definition is: “A company or investor that uses Automated Valuation Models (AVMs) to make instant offers on homes. It allows sellers to close on a property quickly. Once sold, [...]

Top Priorities When Moving with Kids

By |2019-08-28T10:00:15-07:00August 28th, 2019|Categories: First Time Home Buyers, For Buyers, For Sellers, Move-Up Buyers, Real Estate|

According to the Pew Research Center, around 37% of U.S students will be going back to school soon and the rest have already started the new academic year. With school-aged children in your home, buying or selling a house can take on a whole different approach when it comes to finding the right size, location, [...]

What’s the Latest on Interest Rates?

By |2019-08-27T10:00:00-07:00August 27th, 2019|Categories: First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers, Real Estate|

Mortgage rates have fallen by over a full percentage point since Q4 of 2018, settling at near-historic lows. This is big news for buyers looking to get more for their money in the current housing market. According to Freddie Mac’s Primary Mortgage Market Survey, “the 30-year fixed-rate mortgage (FRM) rate averaged 3.60 percent, the lowest it [...]

Experts Predict a Strong Housing Market for the Rest of 2019

By |2020-05-15T13:36:47-07:00August 26th, 2019|Categories: First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Interest Rates, Move-Up Buyers, Pricing, Real Estate|

We’re in the back half of the year, and with a decline in interest rates as well as home price and wage appreciation, many are wondering what the predictions are for the remainder of 2019. Here’s what some of the experts have to say: Ralph McLaughlin, Deputy Chief Economist for CoreLogic “We see the cooldown [...]

A Latte a Day Keeps Homeownership Away [INFOGRAPHIC]

By |2019-08-23T10:00:56-07:00August 23rd, 2019|Categories: Buying Myths, Down Payments, First Time Home Buyers, For Buyers, For Sellers, Infographics, Move-Up Buyers, Real Estate|

Some Highlights: The pumpkin spice latte is launching soon, so you may be tempted to spend your extra cash on a daily caffeine fix, but that small expense can add up to a big number – fast! Saving for a down payment takes a little discipline, so limiting your extra purchases (like a latte a [...]

5 Easy Steps to Avoid Overwhelm from Media Overload

By |2019-08-22T10:00:44-07:00August 22nd, 2019|Categories: Buying Myths, First Time Home Buyers, For Buyers, For Sellers, Move-Up Buyers, Real Estate, Selling Myths|

When someone is thinking about buying or selling a home, they want to be well-informed. They want to make the right decision for themselves and their family. They scour the internet for any information they can find about the housing market. Today, there is an abundance of information available. It is often conflicting news. It [...]

Seniors Are on the Move in the Real Estate Market

By |2020-05-15T13:36:47-07:00August 21st, 2019|Categories: Buying Myths, Demographics, First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers, Real Estate, Selling Myths, Senior Market|

Did you know August 21st is National Senior Citizens Day? According to the United States Census, we honor senior citizens today because,  “Throughout our history, older people have achieved much for our families, our communities, and our country. That remains true today and gives us ample reason…to reserve a special day in honor of the [...]

Housing Supply Not Keeping Up with Population Increase

By |2019-08-20T10:00:56-07:00August 20th, 2019|Categories: First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers, New Construction, Real Estate|

Many buyers are wondering where to find houses for sale in today’s market. It’s a true dilemma. We see an increase in buyer demand, but the supply available for purchase isn’t keeping up. The number of new housing permits issued prior to the great recession increased for 15 years until 2005 (from 1.12 million in [...]

A Great Way to Increase Your Family’s Net Worth

By |2019-08-19T10:00:09-07:00August 19th, 2019|Categories: First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers, Real Estate, Rent vs. Buy|

Every three years, the Federal Reserve conducts its 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 renters decreased [...]