Move-Up Buyers

5 Tips When Buying a Newly Constructed Home

First Time Home Buyers, For Buyers, Move-Up Buyers, New Construction /

\"5The lack of existing inventory for sale has forced many homebuyers to begin looking at new construction. When you buy a newly constructed home instead of an existing home, there are many extra steps that must take place. To ensure a hassle-free process, here are 5 tips to keep in mind if you are considering […]

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Thinking of Selling Your Home? Here’s Why You Need A Pro in Your Corner

For Sellers, FSBOs, Move-Up Buyers /

\"ThinkingWith home prices on the rise and buyer demand still strong, some sellers may be tempted to try and sell their homes on their own without using the services of a real estate professional. Real estate agents are trained and experienced in negotiation and, in most cases, the seller is not. Sellers must realize that […]

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Will Home Prices Continue to Increase?

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

\"WillThere are many unsubstantiated theories about what is happening with home prices. From those who are worried that prices are falling (data shows this is untrue), to those who are concerned that prices are again approaching boom peaks because of “irrational exuberance” (this is also untrue as prices are not at peak levels when they are adjusted for inflation), there […]

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Is the Increase in Inventory a Bullish or Bearish Sign for Real Estate?

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

\"IsIn a recent article, National Housing Inventory Crisis Reaches Inflection Point, realtor.com/ reported that: New listings jumped 8% year-over-year nationally, the largest increase since 2013 Total listings in the 45 largest markets are now up 6% on average over last year This increase in housing inventory has sparked two different reactions. Some are saying this […]

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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 […]

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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 […]

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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 […]

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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 […]

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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. […]

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