Existing Home Sales Point Toward a Good Time to Sell

August 08, 2019

Existing Home Sales Point Toward a Good Time to Sell Some Highlights: Existing Home Sales dropped 1.7% from May to a seasonally adjusted annual rate of 5.27 million in June. Low inventory levels are still a factor in the market. The current supply of homes for sale is at 4.4 months, which is less than the […]

Millionaire to Millennials: The Costly Mistake of Not Buying Now

August 05, 2019

Millionaire to Millennials: The Costly Mistake of Not Buying Now On his personal website, self-made millionaire David Bach makes a striking statement:  “Not prioritizing homeownership is the single biggest mistake millennials are making.”  He further stated, “Buying a home is an escalator to wealth.” Bach explains: “Young adults in particular aren’t hopping on this escalator, and it’s a […]

3 Powerful Reasons to Buy a Home Now

July 30, 2019

3 Powerful Reasons to Buy a Home Now Whether you are a first-time buyer or looking to move up to the home of your dreams, now is a great time to purchase a home. Here are three major reasons to buy today. 1. Affordability Many people focus solely on price when talking about home affordability. […]

5 Things to Know About this Housing Market

July 26, 2019

Wages are increasing, mortgage rates are low, and inventory is building each month. Let’s get together to talk about how to use the strength of the current economy to your advantage if you’re considering buying or selling a home in the near future!

Americans’ Powerful Belief in Homeownership as an Investment

July 22, 2019

Americans’ Powerful Belief in Homeownership as an Investment The Federal Reserve Bank (The Fed) recently released their 2019  Survey of Consumer Expectations Housing Survey. The survey reported that 65% of Americans believe homeownership is a good financial investment. Since 2014, the percentage has increased by over nine percent.The Fed’s survey also showed that when the results are […]

Top 5 Reasons You Should NOT FSBO

July 13, 2019

Top 5 Reasons You Should NOT FSBO Rising home prices coupled with a lack of inventory in today’s market may cause some homeowners to consider selling their home on their own (known in the industry as a For Sale By Owner). However, a FSBO might not be a good idea for the vast majority of sellers. The top […]

Existing Home Sales Slow to Start Spring

May 10, 2019

Existing Home Sales Slow to Start Spring [INFOGRAPHIC] Some Highlights: Existing Home Sales slowed to an annual pace of 5.21 million home sales in March. Low inventory levels are still impacting home sales! The current month’s supply of homes for sale is 3.9-months. Median home prices were up 3.8% over last March at $259,400. This marked […]

Renters Paying Substantially More While Owning Costs Less

May 08, 2019

Renters Paying Substantially More While Owning Costs Less In a recent Insights Blog, CoreLogic reported that rent prices have skyrocketed since 2005. Meanwhile, the typical mortgage payment has actually decreased. “CoreLogic’s national rent index was up 36% in December 2018 compared with December 2005, while the typical mortgage payment was down 4% over that period.” Why the difference […]

With Inventory Low: Will Your Dream Home Need Some TLC?

May 07, 2019

With Inventory Low: Will Your Dream Home Need Some TLC? According to a new survey from Move.com, the wave of first-time homebuyers hitting the market this summer has resulted in an interesting statistic. Nearly 60% of buyers searching for a home this spring are willing to consider buying a fixer-upper, with 95% believing that the projects needed will increase […]