Housing Market Updates | The Paradigm Realty Group

Is Now a Good Time to Rent?

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

$\"Is$ People often ask if now is a good time to buy a home, but nobody ever asks when it’s a good time to rent. Regardless, we want to make certain that everyone understands that today is NOT a good time to rent. The Census Bureau recently released their 2017 fourth quarter median rent numbers. Here is a graph […]

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Latest NAR Data Shows Now Is a Great Time to Sell!

For Sellers, Housing Market Updates, Move-Up Buyers / Ajeenah Crittendon

$\"Latest$ We all realize that the best time to sell anything is when demand for that item is high, and the supply of that item is limited. Two major reports released by the National Association of Realtors (NAR) revealed information that suggests that now is a great time to sell your house. Let’s look at the data covered in […]

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Mortgage Rates on FIRE! Home Prices Up in Smoke?

First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Interest Rates, Move-Up Buyers, Pricing / Ajeenah Crittendon

$\"Mortgage$ Mortgage interest rates have already risen by over a quarter of a percentage point in 2018. Many are projecting that rates could increase to 5% by the end of the year. What impact will rising rates have on house values? Many quickly jump to the conclusion that an increase in mortgage rates will have a […]

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Calm Down! The Real Estate Market is NOT Falling Apart

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

$\"Calm$ There has been tremendous volatility in certain markets over the last few weeks (for example, the stock and currency markets). When this happens, some tend to lump all of their investments together and create an almost ‘Armageddon’ scenario where everything loses value quickly and dramatically. Real estate is an investment that can get caught up […]

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Homeownership: “The Reports of My Death Have Been Greatly Exaggerated”

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

$\'Homeownership:$ The famous quote by Mark Twain in the title of this article can be used to describe homeownership in America today. Last week, the Census revealed that the percentage of homeowners in the country increased for the first time in thirteen years. A story in the Wall Street Journal gave these new homeownership numbers some […]

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U.S. Housing Inventory Crunch Continues… List Your House Today!

For Sellers, Housing Market Updates, Move-Up Buyers / Ajeenah Crittendon

$\"U.S.$ Every winter, families across the country decide if this will be the year that they sell their current houses and move into their dream homes. Mortgage rates hovered around 4% for all of 2017 which forced many buyers off the fence and into the market, resulting in incredibly strong demand RIGHT NOW! At the same time, […]

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If You’re Considering Selling, ACT NOW!!

For Sellers, Housing Market Updates, Move-Up Buyers / Ajeenah Crittendon

$\"If$ Definitely an aggressive headline. However, as the final data on the 2017 housing market rolls in, we can definitely say one thing: If you are considering selling, IT IS TIME TO LIST YOUR HOME! How did we finish 2017? New-home sales were at their highest level in a decade. Sales of previously owned homes were […]

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Where Did Americans Move in 2017? [INFOGRAPHIC]

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

Some Highlights:

Atlas Van Lines recently released the results of their annual Migration Patterns Survey in which they tracked their customer’s movement from state-to-state over the course of 2017.
Idaho held on to the top spot of ‘high inbound’ sta…

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What Impact Will the New Tax Code Have on Home Values?

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

$\"\"$ Every month, CoreLogic releases its Home Price Insights Report. In that report, they forecast where they believe residential real estate prices will be in twelve months. Below is a map, broken down by state, reflecting how home values are forecasted to change by the end of 2018 using data from the most recent report. As we […]

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The Impact of Tight Inventory on the Housing Market

For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers / Ajeenah Crittendon

$\"The$ The 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, home sales are up, and distressed sales (foreclosures and short sales) have fallen to their lowest points in years. It seems that the market will continue to strengthen in […]

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