January 2020

Strength of the Economy Is Surprising the Experts

For Buyers, For Sellers, Housing Market Updates /

\"StrengthWe’re currently in the longest economic recovery in U.S. history. That has caused some to ask experts to project when the next economic slowdown (recession) could occur. Two years ago, 67% of the economists surveyed by the Wall Street Journal (WSJ) for the Economic Forecasting Survey predicted we would have a recession no later than […]

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Where Have All the Houses Disappeared To?

For Buyers, For Sellers, Housing Market Updates, New Construction /

\"WhereIf you’re following what’s happening in the current housing market, you’ve seen how the lack of newly constructed homes is a major reason there’s a shortage of housing inventory available to today’s buyers. Another reason is that the inventory of existing homes for sale is shrinking. According to the most recent Existing Home Sales Report […]

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Should I Sell My House This Year?

Baby Boomers, For Sellers, Generation X, Millennials, Selling Myths /

\"ShouldIf one of the questions you’re asking yourself today is, “Should I sell my house this year?” the current Housing Opportunities and Market Experience (HOME) Survey from the National Association of Realtors® (NAR) should boost your confidence as it relates to the current selling sentiment in the housing market. Even with all the information overload […]

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First-Time Buyers Are Searching for Existing Homes This Year

First Time Home Buyers, For Sellers, Generation X, Millennials /

\"First-TimeIn the latest Housing Trends Report, the National Association of Home Builders (NAHB) measured the share of adults planning to buy a home over the next 12 months. The report indicates the percentage of all buyers that will be first-time buyers looking to purchase a home grew from 58% in Q4 2018 to 63% in Q4 […]

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The #1 Reason It Is Difficult to Find Your Dream Home

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

\"TheThe headlines in real estate today all revolve around one major point: there is a shortage of homes available for sale. Price appreciation is accelerating again because there is a shortage of homes available for sale. First-time buyers are taking longer to purchase a home because there is a shortage of homes available for sale […]

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How Buyers Can Win By Downsizing in 2020

Baby Boomers, Down Payments, For Buyers, Interest Rates, Senior Market /

\"HowHome 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 […]

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Make the Dream of Homeownership a Reality in 2020

First Time Home Buyers, For Buyers /

\"MakeIn 1963, Martin Luther King, Jr. led and inspired a powerful movement with his famous “I Have a Dream” speech. Through his passion and determination, he sparked interest, ambition, and courage in his audience. Today, reflecting on his message encourages many of us to think about our own dreams, goals, beliefs, and aspirations. For many […]

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