Archive for July 2019

Now We’re Halfway Through The Year, Here is Your Housing Update

Mid-Year Housing Market Update: Three Things to Know Today Shifting trends and industry-leading research are pointing toward some valuable projections about the status of the housing market for the rest of the year. If you’re thinking of buying or selling, or if you just want to know what experts are saying is on the horizon, here are the top three Read more »

Do Millenials Really Have a Hard Time Saving For a Home?

How millennials spend and save their money has been a frequent point of debate, not just among those born between 1985 and 2000, but with their baby boomer parents, too. Who can forget when, just last year, 35-year-old developer and Australian millionaire Tim Gurner called out millennials for“ buying smashed avocados for 19 bucks and four coffees at $4 each” Read more »

Does Renting Make Sense For Me?

Is Renting Right for Me? If you’re currently renting and have dreams of owning your own home, it may be a good time to think about your next move. With rent costs rising annually and many helpful down payment assistance programs available, homeownership may be closer than you realize. According to the 2018 Bank of America Homebuyer Insights Report, 74% of renters plan Read more »

What is the TRUE cost of waiting to buy a home?

The Cost of Waiting: Interest Rates Edition [INFOGRAPHIC] Some Highlights: Interest rates are projected to increase steadily heading into 2020. The higher your interest rate, the more money you will end up paying for your home and the higher your monthly payment will be. Rates are still low right now – don’t wait until they hit 5% to start searching for your Read more »

What a Difference a Year Makes for Sellers

What a Difference a Year Makes for Sellers Over the last few years, many sellers have been hesitant to put their houses on the market because they feared not being able to find another home to buy. We’ve reported on inventory shortages in the past, and it’s been a constant concern for potential buyers throughout recent years. New research shows the inventory Read more »

Is refinancing worth it? How would it benefit me? You’ve got questions, we’ve got answers!

Should I Refinance My Home? With the recent lower interest rates, many homeowners are wondering if they should refinance. To decide if refinancing is the best option for your family, start by asking yourself these questions: Why do you want to refinance? There are many reasons to refinance, but here are three of the most common ones: Lower your interest Read more »

Home Price Appreciation Forecast

Home Price Appreciation Forecast Questions continue to come up about where home prices will head throughout the rest of this year, as well as where they may be going over the few years beyond. We’ve gathered current data from the industry’s most reliable sources to help answer these questions: The Home Price Expectation Survey – A survey of over 100 market Read more »

Are You Close To Buying Your First Home?

Is Your First Home Now Within Your Grasp? [INFOGRAPHIC] Some Highlights: According to the US Census Bureau, “millennials” are defined as 18-36-year-olds. According to NAR’s latest Profile of Home Buyers & Sellers, the median age of all first-time home buyers is 32. More and more “old millennials” (25-36) are realizing that homeownership is within their grasp now!Read more »

Americans’ Powerful Belief in Homeownership as an Investment

Americans’ Powerful Belief in Homeownership as an Investment The Federal Reserve Bank (The Fed) recently released their 2019  Survey of Consumer Expectations Housing Survey. The survey reported that 65% of Americans believe homeownership is a good financial investment. Since 2014, the percentage has increased by over nine percent.The Fed’s survey also showed that when the results are broken down by Read more »

Is Mortgage Debt out of Control?

The housing crisis of the last decade was partially caused by unhealthy levels of mortgage debt. Homeowners were using their homes as ATMs by refinancing and swapping their equity for cash. When prices started to fall, many homeowners found themselves in a negative equity situation (where their mortgage was higher than the value of their home). As a result, they Read more »

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