August 2018

Housing Market: Another Gigantic Difference Between 2008 and 2018

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

\"HousingSome are attempting to compare the current housing market to the market leading up to the “boom and bust” that we experienced a decade ago. They look at price appreciation and conclude that we are on a similar trajectory, speeding toward another housing crisis. However, there is a major difference between the two markets. Last […]

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Homebuyers Willing to Sacrifice ‘Must-Haves’ in Favor of Good School Districts

First Time Home Buyers, For Buyers, Generation X, Millennials, Move-Up Buyers /

\"HomebuyersIt should come as no surprise that buying a home in a good school district is important to homebuyers. According to a report from Realtor.com/, 86% of 18-34 year-olds and 84% of those aged 35-54 indicated that their home search areas were defined by school district boundaries. What is surprising, however, is that 78% of […]

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Are You Thinking of Selling Your Home? Competition Is Coming!

For Buyers, For Sellers, Move-Up Buyers /

\"AreThe number of building permits issued for single-family homes is the best indicator of how many newly built homes will rise over the next few months. According to the latest U.S. Census Bureau and U.S. Department of Housing & Urban Development Residential Sales Report, the number of building permits issued in June was 850,000, a 0.8% increase from May. […]

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Supply & Demand Will Determine Future Home Values

For Buyers, For Sellers, Housing Market Updates, Pricing /

\"SupplyWill home values continue to appreciate throughout 2018? The answer is simple: YES! – as long as there are more purchasers in the market than there are available homes for them to buy. This is known as the theory of “supply and demand,” which is defined as: “The amount of a commodity, product, or service […]

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The Wave of Millennial Homebuyers Continues to Swell

First Time Home Buyers, For Buyers, Millennials, Rent vs. Buy /

\"TheMany have written about the millennial generation and whether or not they, as a whole, believe in homeownership as a part of attaining their American Dream. Comparatively speaking, millennials have taken longer to obtain traditional milestones (like getting married, having kids and buying a home) than generations before them, but that does not mean that […]

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5 Reasons to Hire a Real Estate Professional Before Entering the Market!

First Time Home Buyers, For Buyers, For Sellers, FSBOs, Move-Up Buyers /

\"5Whether you are buying or selling a home, it can be quite the adventure. In this world of instant gratification and internet searches, many sellers think that they can ‘For Sale by Owner’ or ‘FSBO,’ but it’s not as easy as it may seem. That’s why you need an experienced real estate professional to guide you on the path to […]

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Millionaire to Millennials: Owning Your Home Can Help You Retire Sooner!

First Time Home Buyers, For Buyers, Millennials, Move-Up Buyers, Rent vs. Buy /

\"MillionaireIn a CNBC article, self-made millionaire David Bach explained that: “Buying a home is the escalator to wealth in America. Homeownership can also help you retire early, that is, if you pay your mortgage off.”  Bach suggests that homebuyers should, “Take out a 30-year mortgage, but with the intention of paying it off in 25, 20 or ideally, […]

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