October 2018

5 Tips for Starting Your Home Search

First Time Home Buyers, For Buyers /

\"5In today’s real estate market, with low inventory dominating the conversation in many areas of the country, it can often be frustrating to be a first-time homebuyer if you aren’t prepared. In a recent realtor.com/ article entitled, “How to Find Your Dream Home—Without Losing Your Mind,” the author highlights some steps that first-time homebuyers can […]

5 Tips for Starting Your Home Search Read More »

Baby Boomers are Downsizing, Are You Ready to Move?

Baby Boomers, For Buyers, For Sellers, Housing Market Updates /

\"BabyFor a while now baby boomers have been blamed for a portion of the housing market’s current lack of housing inventory, but should they really be getting the blame? Here’s what some of the experts have to say on the subject: Aaron Terrazas, Senior Economist at Zillow, says that “Boomers are healthier and working longer […]

Baby Boomers are Downsizing, Are You Ready to Move? Read More »

Pre-Approval: Your 1st Step in Buying a Home

Buying Myths, First Time Home Buyers, For Buyers, Move-Up Buyers /

\"Pre-Approval:In many markets across the country, the number of buyers searching for their dream homes outnumbers the number of homes for sale. This has led to a competitive marketplace where buyers often need to stand out. One way to show you are serious about buying your dream home is to get pre-qualified or pre-approved for a […]

Pre-Approval: Your 1st Step in Buying a Home Read More »

Dispelling the Myth About Home Affordability

Buying Myths, First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates /

\"DispellingWe have all seen the headlines that report that buying a home is less affordable today than it was at any other time in the last ten years, and those headlines are accurate. But, have you ever wondered why the headlines don’t say the last 25 years, the last 20 years, or even the last […]

Dispelling the Myth About Home Affordability Read More »

New Home Sales Up 12.7% From Last Year

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

\"NewAccording to the latest New Residential Sales Report from the Census Bureau, new construction sales in August were up 3.5% from July and 12.7% from last year! This marks the second consecutive month with double-digit year-over-year growth (12.8% in July). The report also showed that builders have ramped up construction with an increase in new […]

New Home Sales Up 12.7% From Last Year Read More »

What’s Going On With Home Prices?

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

\"What’sAccording to CoreLogic’s latest Home Price Insights Report, national home prices in August were up 5.5% from August 2017. This marks the first time since June 2016 that home prices did not appreciate by at least 6.0% year-over-year. CoreLogic’s Chief Economist Frank Nothaft gave some insight into this change, “The rise in mortgage rates this […]

What’s Going On With Home Prices? Read More »

The True Cost of NOT Owning Your Home

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

\"TheOwning a home has great financial benefits, yet many continue to rent! Today, let’s look at the financial reasons why owning a home of your own has been a part of the American Dream for the entirety of America’s existence. Realtor.com/ reported that: “Buying remains the more attractive option in the long term – that remains the […]

The True Cost of NOT Owning Your Home Read More »

Are We About to Enter a Buyers’ Market?

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

\"AreHome sales are below last year’s levels, home values are appreciating at a slower pace, and there are reports showing purchasing demand softening. This has some thinking we may be entering a buyers’ market after sellers have had the upper hand for the past several years. Is this really happening? The market has definitely softened. […]

Are We About to Enter a Buyers’ Market? Read More »