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When Is It A Good Time To Rent? Definitely NOT NOW!

By |2016-05-23T10:00:21-07:00May 23rd, 2016|Categories: First Time Home Buyers, For Buyers, Move-Up Buyers, Pricing, Real Estate|

People often ask whether or not now is a good time to buy a home. No one ever asks when a good time to rent is. However, we want to make certain that everyone understands that today is NOT a good time to rent.The Census Bureau recently released their first quarter median rent numbers. Here is a [...]

Renting vs. Buying: What Does it Really Cost? [INFOGRAPHIC]

By |2016-05-20T10:00:51-07:00May 20th, 2016|Categories: First Time Home Buyers, For Buyers, Infographics, Move-Up Buyers, Real Estate|

Some Highlights: The percentage of income needed to afford a median priced home is almost half the percentage of income needed to afford median rent. Buying costs are significantly less than renting costs. The percentage of income needed to afford a median priced home is less than the historic norm. Powered by WPeMatico

The Presidential Election and Its Impact on Housing

By |2020-05-15T13:37:15-07:00May 19th, 2016|Categories: First Time Home Buyers, For Buyers, Housing Market Updates, Real Estate|

Every four years people question what effect the Presidential election might have on the national housing market. Let’s take a look at what is currently taking place. The New York Times ran an article earlier this week where they explained: “A growing body of research shows that during presidential election years — particularly ones like [...]

Mortgage Rates Remain at Historic Lows

By |2020-05-15T13:37:15-07:00May 10th, 2016|Categories: First Time Home Buyers, For Buyers, Move-Up Buyers, Real Estate|

The latest report from Freddie Mac shows that the 30-year fixed-rate mortgage averaged 3.61% last week, slightly down from the week before (3.66%), and nearly 20 points lower than a year ago (3.80%). This is great news for homebuyers who are dealing with rising prices due to a low inventory of homes for sale in many [...]

Warren Buffett: There is No Housing Bubble

By |2016-05-05T10:00:42-07:00May 5th, 2016|Categories: First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers, Pricing, Real Estate|

With home prices expected to appreciate by over 5% this year, some are beginning to worry about a new housing bubble forming. Warren Buffet addressed this issue last week in an article by Fortune Magazine. He simply explained: “I don’t see a nationwide bubble in real estate right now at all.” Later, when questioned whether [...]

Americans Rank Real Estate #1 Long Term Investment

By |2016-05-04T10:00:57-07:00May 4th, 2016|Categories: First Time Home Buyers, For Buyers, Move-Up Buyers, Real Estate|

The Gallup organization recently released a survey in which Americans were asked to rank what they considered to be the “best long term investment.” Real estate ranked number one, with 35% of those surveyed saying it was a better long term investment than stocks & mutual funds, gold, savings accounts or bonds. Here is the [...]

Billionaire: Buy a Home… And if You Can, Buy a Second Home!

By |2020-05-15T13:37:15-07:00May 2nd, 2016|Categories: First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers, Real Estate|

Three years ago, John Paulson gave a keynote address at the CNBC/Institutional Investor Conference. In his speech, he told those in attendance that he believes housing will continue its strong recovery for the next 4 to 7 years, saying that: "The housing market has bottomed. It's not too late to get involved. I still think [...]

Investors: More Sales and Higher Prices

By |2020-05-15T13:37:15-07:00April 28th, 2016|Categories: For Buyers, Housing Market Updates, Pricing, Real Estate|

The National Association of Realtors recently released their 2016 Investment and Vacation Home Buyers Survey. The survey revealed many characteristics of both vacation home purchasers and investors. Two weeks ago, we posted on the vacation home market. Today, we want to concentrate on the investor real estate market. The survey revealed that investment-home sales in [...]