May, 2018 | The Paradigm Realty Group

Moving Up to Your Dream Home? Don’t Wait!

For Buyers, For Sellers, Move-Up Buyers, Pricing / Ajeenah Crittendon

$\"Moving$ Mortgage interest rates have risen by more than half of a point since the beginning of the year, and many assume that if mortgage rates rise, home values will fall. History, however, has shown this not to be true. Where are home values today compared to the beginning of the year? While rates have been […]

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Renters Under 50 Want to Buy a Home!

First Time Home Buyers, For Buyers, Housing Market Updates, Millennials, Rent vs. Buy / Ajeenah Crittendon

$\"Renters$ Every year, the New York Federal Reserve publishes the results of their Survey of Consumer Expectations (SCE). Each survey covers a wide range of topics including inflation, labor market, household finance, credit access and housing. One of the many questions asked in the housing section of the survey was: Assuming you had the financial resources […]

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Access: An Important Factor in Getting Your House SOLD!

For Sellers, Move-Up Buyers / Ajeenah Crittendon

$\"Access:$ So, you’ve decided to sell your house. You’ve hired a real estate professional to help you through the entire process, and they have asked you what level of access you want to provide to your potential buyers. There are four elements to a quality listing. At the top of the list is Access, followed by […]

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Homeownership: “A Man Is Not a Complete Man, Unless He Owns a House”

First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers, Rent vs. Buy / Ajeenah Crittendon

$\'Homeownership:$ The famous quote by Walt Whitman, “A man is not a whole and complete man, unless he owns a house and the ground it stands on,” can be used to describe homeownership in America today. The Census revealed that the percentage of homeowners in America has been steadily climbing back up since hitting a 50-year low in 2016. […]

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3 Tips for Making Your Dream of Owning a Home a Reality [INFOGRAPHIC]

Down Payments, First Time Home Buyers, For Buyers, Infographics / Ajeenah Crittendon

Some Highlights:

Setting up an automatic savings plan that saves a small amount of every check is one of the best ways to save without thinking much about it.
Living within a budget right now will help you save money for down payments while also pay…

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5 Ways Tax Reform Has Impacted the 2018 Housing Market

First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers / Ajeenah Crittendon

$\"5$ Starting late last year, some predicted that the 2018 tax changes would cripple the housing market. Headlines warned of the potential for double-digit price depreciation and suggested that buyer demand could drop like a rock. There was even sentiment that homeownership could lose its coveted status as a major component of the American Dream. Now […]

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Real Estate Tops Best Investment Poll for 5th Year Running

First Time Home Buyers, For Buyers, For Sellers, Move-Up Buyers, Rent vs. Buy / Ajeenah Crittendon

$\"Real$ Every year, Gallup surveys Americans to determine their choice for the best long-term investment. Respondents are given a choice between real estate, stocks/mutual funds, gold, savings accounts/CDs, or bonds. For the fifth year in a row, real estate has come out on top as the best long-term investment! This year’s results showed that 34% of […]

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Home Inspections: What to Expect

First Time Home Buyers, For Buyers, Move-Up Buyers / Ajeenah Crittendon

$\"Home$ So you made an offer, it was accepted, and now your next task is to have the home inspected prior to closing. Oftentimes, agents make your offer contingent on a clean home inspection. This contingency allows you to renegotiate the price you paid for the home, ask the sellers to cover repairs, or even, in some […]

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What If I Wait Until Next Year to Buy a Home?

First Time Home Buyers, For Buyers, For Sellers, Interest Rates, Move-Up Buyers, Pricing / Ajeenah Crittendon

$\"What$ We recently shared that national home prices have increased by 6.7% year-over-year. Over that same time period, interest rates have remained historically low which has allowed many buyers to enter the market. As a seller, you will likely be most concerned about ‘short-term price’ – where home values are headed over the next six months. As a buyer, […]

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50% of Homes Sold in 30 Days in March [INFOGRAPHIC]

First Time Home Buyers, For Buyers, For Sellers, Infographics, Move-Up Buyers / Ajeenah Crittendon

Some Highlights:

The National Association of REALTORS® recently surveyed their members for their Confidence Index.
The REALTORS® Confidence Index is a key indicator of housing market strength based on a monthly survey sent to over 50,000 real estat…

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May 2018