Auto Added by WPeMatico

Why This Summer Is the 2020 Real Estate Season

By |2020-05-27T03:00:38-07:00May 27th, 2020|Categories: First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Interest Rates, Move-Up Buyers, Real Estate|

With stay-at-home orders starting to gradually lift throughout parts of the country, data indicates homebuyers are jumping back into the market. After many families put their plans on hold due to the COVID-19 pandemic, what we once called the busy spring real estate season is shifting into the summer. In 2020, summer is the new [...]

Interest Rates Hover Near Historic All-Time Lows [INFOGRAPHIC]

By |2020-05-22T03:00:53-07:00May 22nd, 2020|Categories: First Time Home Buyers, For Buyers, Infographics, Interest Rates, Real Estate|

Some Highlights Mortgage interest rates have dropped considerably this spring and are hovering at a historically low level. Locking in at a low rate today could save you thousands of dollars over the lifetime of your home loan. Let’s connect to determine the best way to position yourself for a move in today’s market.

How Interest Rates Can Impact Your Monthly Housing Payments

By |2020-03-03T04:00:47-07:00March 3rd, 2020|Categories: First Time Home Buyers, For Buyers, Interest Rates, Move-Up Buyers, Real Estate|

Spring is right around the corner, so flowers are starting to bloom, and many potential homebuyers are getting ready to step into the market. If you’re thinking of buying this season, here’s how mortgage interest rates are working in your favor. Freddie Mac explains: “If you’re in the market to buy a home, today’s average [...]

Interest Rates Over Time [INFOGRAPHIC]

By |2020-02-21T04:00:17-07:00February 21st, 2020|Categories: For Buyers, Infographics, Interest Rates, Real Estate|

Some Highlights: With interest rates hovering at near historic lows, now is a great time to look back at where they’ve been, and how much they’ve changed over time. According to Freddie Mac, mortgage interest rates are currently hovering near a five-decade low. The impact your interest rate has on your monthly mortgage payment is significant. [...]

The #1 Misconception in the Homebuying Process

By |2020-02-20T04:00:19-07:00February 20th, 2020|Categories: Buying Myths, For Buyers, Interest Rates, Pricing, Real Estate|

After over a year of moderating home prices, it appears home value appreciation is about to reaccelerate. Skylar Olsen, Director of Economic Research at Zillow, explained in a recent article:  “A year ago, a combination of a government shutdown, stock market slump and mortgage rate spike caused a long-anticipated inventory rise. That supposed boom turned [...]

How Buyers Can Win By Downsizing in 2020

By |2020-05-15T13:36:40-07:00January 22nd, 2020|Categories: Baby Boomers, Down Payments, For Buyers, Interest Rates, Real Estate, Senior Market|

Home values have been increasing for 93 consecutive months, according to the National Association of Realtors. If you’re a homeowner, particularly one looking to downsize your living space, that’s great news, as you’ve likely built significant equity in your home. Here’s some more good news: mortgage rates are expected to remain low throughout 2020 at [...]

Forget the Price of the Home. The Cost is What Matters.

By |2020-05-15T13:36:42-07:00November 7th, 2019|Categories: Housing Market Updates, Interest Rates, Pricing, Real Estate|

Home buying activity (demand) is up, and the number of available listings (supply) is down. When demand outpaces supply, prices appreciate. That’s why firms are beginning to increase their projections for home price appreciation going forward. As an example, CoreLogic increased their 12-month projection for home values from 4.5% to 5.6% over the last few [...]

How to Determine If You Can Afford to Buy a Home

By |2020-05-15T13:36:42-07:00October 30th, 2019|Categories: First Time Home Buyers, For Buyers, Interest Rates, Move-Up Buyers, Pricing, Real Estate|

The gap between the increase in personal income and residential real estate prices has been used to defend the concept that we are experiencing an affordability crisis in housing today. It is true that home prices and wages are two key elements in any affordability equation. There is, however, an extremely important third component to [...]

Home Prices Increase in Every Price Range

By |2019-09-17T03:00:50-07:00September 17th, 2019|Categories: For Buyers, For Sellers, Housing Market Updates, Interest Rates, Move-Up Buyers, Pricing, Real Estate|

Price appreciation can differ depending on your price range. CoreLogic analyzed four individual home prices tiers and shares the increase in each one. CoreLogic’s Home Price Index (HPI) Report revealed, “National home prices increased 3.6% year over year in July 2019 and are forecast to increase 5.4% from July 2019 to July 2020.” They also [...]

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 [...]