Housing Market Updates

Are Older Generations Really Not Selling Their Homes?

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

\"AreMany studies suggest one of the main reasons for the inventory shortage in today’s market of homes for sale is that older generations have chosen to “age in place” over moving. The 2019 Home Buyers & Sellers Generational Trend Report by NAR clarifies this point! NAR’s findings show that Baby Boomers (43%) and the Silent […]

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What is Really Happening with Home Prices?

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

\"WhatHome values have softened over the last twelve months. We are no longer seeing 6-7% annual appreciation levels for the national housing market. The current numbers are closer to 4%. Some have suggested that year-over-year appreciation levels could fall to 3% or less this year. However, a stronger-than-expected economy and a good spring housing market […]

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New Research Shows Housing Is Affordable For First-Time Buyers

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

\"NewHome prices have been on the rise for the last seven years, leading many housing market analysts to conclude that first-time homebuyers are being shut out of the market due to affordability concerns. The National Association of Realtors (NAR) reports on the percentage of First-Time Home Buyers (FTHB) on a monthly and yearly basis. Their […]

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A Lack of Inventory Continues to Impact the Housing Market

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

\"AThe housing crisis is finally in the rear-view mirror as the real estate market moves down the road to a complete recovery. Home values are up and distressed sales (foreclosures and short sales) have fallen to their lowest point in years. The market will continue to strengthen in 2019. However, there is one thing that […]

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Mainstream Concerns about an Economic Slowdown Revisited

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

\"MainstreamRecently, we reported that many believe a recession could happen within the next two years. We explained that 70% of economists and market analysts surveyed last year believe that a recession will occur in 2019 or 2020 and that 42% of consumers currently looking to purchase a home also agree that a recession will occur […]

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Home Buyers are Optimistic About Homeownership!

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

\"HomeWhen we consider buying an item, we naturally go through a research process prior to making our decision. We ask our friends and family members who have made similar purchases about their experience, we get opinions and insights, and we read reviews online. There’s no difference when considering a home purchase! Most homebuyers start by […]

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The Cost of Renting vs. Buying This Spring [INFOGRAPHIC]

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

Some Highlights:

Historically, the choice between renting or buying a home has been a tough decision.
Looking at the percentage of income needed to rent a median-priced home today (27.7%) vs. the percentage needed to buy a median-priced home (17.5…

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Your Fabulous New Dream Home is Now Available

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

\"YourOver the last several years, many “baby boomers” have undergone a metamorphosis. Their children have finally moved out and they can now dream about their own future. For many, a change in lifestyle might necessitate a change in the type of home they live in. That two-story, four-bedroom colonial with three bathrooms no longer fits […]

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