Housing Market Updates

Renting or Owning, What Is Better for You?

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

\"¬RentingIn a real estate market where home prices are rising, many have begun to reexamine the idea of buying a home, choosing instead, to rent for a while. But often, there is a dilemma: should you keep paying rent, knowing that rent is rising too, or should you lock in your housing cost and buy […]

Renting or Owning, What Is Better for You? Read More »

2 Myths Holding Back Home Buyers

Buying Myths, Down Payments, First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers /

\"2Freddie Mac recently released a report entitled, “Perceptions of Down Payment Consumer Research.” Their research revealed that, “For many prospective homebuyers, saving for a down payment is the largest barrier to achieving the goal of homeownership. Part of the challenge for those planning to purchase a home is their perception of how much they will need to save […]

2 Myths Holding Back Home Buyers Read More »

What is the Cost of Waiting Until Next Year to Buy? [INFOGRAPHIC]

First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Infographics, Interest Rates, Move-Up Buyers, Rent vs. Buy /

Some Highlights:

The “cost of waiting to buy” is defined as the additional funds necessary to buy a home if prices & interest rates were to increase over a period of time.
Freddie Mac forecasts interest rates to rise to 4.5% by the Q4 2020.
Core…

What is the Cost of Waiting Until Next Year to Buy? [INFOGRAPHIC] Read More »

What is Important to Boomers when Selling their House?

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

\"WhatIf you are a “baby boomer” (born between 1946 and 1964), you may be thinking about selling your current home. Your children may have finally moved out. Your large, four-bedroom house with three bathrooms no longer fits the bill. Taxes are too high. Utilities are too expensive. Cleaning and repair are too difficult. You may […]

What is Important to Boomers when Selling their House? Read More »

The Ultimate Truth about Housing Affordability

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

\"TheThere have been many headlines decrying an “affordability crisis” in the residential real estate market. While it is true that buying a home is less affordable than it had been over the last ten years, we need to understand why and what that means. On a monthly basis, the National Association of Realtors (NAR), produces […]

The Ultimate Truth about Housing Affordability Read More »

Multigenerational Homes Are on the Rise

Baby Boomers, Demographics, First Time Home Buyers, For Buyers, For Sellers, Generation X, Housing Market Updates, Millennials, Move-Up Buyers, Senior Market /

\"MultigenerationalAs loved ones start to get older, we start to wonder: how long will they be able to live alone? Will they need someone there to help them with daily life? There’s a reason to ask those questions now more than ever, as the average age in the U.S. is 78 years old!  As a […]

Multigenerational Homes Are on the Rise Read More »

2 Things You Need to Know to Properly Price Your Home

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

\"2In today’s housing market, home prices are increasing at a slower pace (3.7%) than they have over the last eight years (6-7%). However, they are still are above historical norms. Low supply of listed homes and high demand from buyers has pushed prices to rise rapidly. In the mind of the homeowner, annual home price […]

2 Things You Need to Know to Properly Price Your Home Read More »

The Impact Staging Your Home Has On Your Sale Price [INFOGRAPHIC]

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

Some Highlights:

The National Association of Realtors surveyed their members & released the findings of their Profile of Home Staging.
62% of seller’s agents say that staging a home decreases the amount of time a home spends on the market.
50% o…

The Impact Staging Your Home Has On Your Sale Price [INFOGRAPHIC] Read More »

4 Most Popular Bottom Line Investments in America

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

\"4Every year, Gallup surveys Americans to determine their choice for the best long-term investment. Respondents are given a choice between real estate, stocks, gold, and savings accounts. For the sixth year in a row, real estate has come out on top as the best long-term investment! That has not always been the case. Gallup explains: […]

4 Most Popular Bottom Line Investments in America Read More »

Boomerang Buyers: Don’t Be Afraid to Buy a Home Again!

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

\"BoomerangAccording to CoreLogic, from 2006 to 2014 “there were 7.3 million housing foreclosures and 1.9 million short sales.” The hesitation some Americans feel after experiencing a foreclosure brings to mind the old saying: “Fool me once- shame on you. Fool me twice- shame on me.” According to the 2019 Home Buyer Report from NerdWallet, “Thirteen […]

Boomerang Buyers: Don’t Be Afraid to Buy a Home Again! Read More »