Why Access Is One of the Most Important Factors in Getting Your House Sold!

2019-05-07T11:49:36+00:00 May 7th, 2019|First Time Home Buyers, For Buyers, For Sellers, Move-Up Buyers|

So, you’ve decided to sell your house. You’ve hired a real estate professional to help you through the entire process, and they have asked you what level of access you want to provide to your potential buyers. There are four elements to a quality listing. At the top of the list is access, followed by condition, financing, [...]

Home Buyers are Optimistic About Homeownership!

2019-05-07T11:49:36+00:00 May 7th, 2019|First Time Home Buyers, For Buyers, For Sellers, Move-Up Buyers|

When 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 [...]

2 Trends Helping Keep Housing Affordable

2019-05-03T23:43:42+00:00 May 3rd, 2019|First Time Home Buyers, For Buyers, For Sellers, Move-Up Buyers|

Two positive trends have started to emerge that impact the 2019 Spring Housing Market. Mortgage interest rates for a 30-year fixed rate loan have dropped to new lows, right as reports show that wages have increased at their highest rate in decades! These two factors have helped keep housing affordable despite low supply of houses [...]

Your Fabulous New Dream Home is Now Available

2019-05-03T23:43:42+00:00 May 3rd, 2019|For Buyers, For Sellers, Pricing|

Over 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 [...]

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

2019-05-03T23:43:41+00:00 May 3rd, 2019|First Time Home Buyers, For Buyers, For Sellers, Infographics, Move-Up Buyers|

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%), the choice becomes obvious. Every market is different. Before you renew your lease again, find [...]

What Would Make You Sell Your House?

2019-04-30T11:33:29+00:00 April 30th, 2019|First Time Home Buyers, For Buyers, For Sellers, Move-Up Buyers|

There are many reasons why a homeowner decides to sell their house and move. The latest Generational Trends Report from the National Association of Realtors asked recent home sellers to share their reason for moving. The younger the respondents, the more likely their top response centered around needing a larger home (ages 29 to 53). [...]

New Study Reveals One Surprising Reason for the Inventory Shortage

2019-04-26T23:27:49+00:00 April 26th, 2019|First Time Home Buyers, For Buyers, For Sellers, Move-Up Buyers|

There has been a great amount written on millennials and their impact on the housing market. However, the headlines often contradict each other. Some claim this generation is becoming the largest share of first-time home buyers, while others claim millennials don’t want to own a home, blaming them for the dip in homeownership rate. While [...]

Renters Paying Substantially More While Owning Costs Less

2019-04-26T23:27:49+00:00 April 26th, 2019|First Time Home Buyers, For Buyers, For Sellers, Move-Up Buyers|

In a recent Insights Blog, CoreLogic reported that rent prices have skyrocketed since 2005. Meanwhile, the typical mortgage payment has actually decreased. “CoreLogic’s national rent index was up 36% in December 2018 compared with December 2005, while the typical mortgage payment was down 4% over that period.” Why the difference between the costs of renting [...]

Existing Home Sales Slow to Start Spring [INFOGRAPHIC]

2019-04-26T23:27:46+00:00 April 26th, 2019|First Time Home Buyers, For Buyers, For Sellers, Infographics, Move-Up Buyers|

Some Highlights: Existing Home Sales slowed to an annual pace of 5.21 million home sales in March. Low inventory levels are still impacting home sales! The current month’s supply of homes for sale is 3.9-months. Median home prices were up 3.8% over last March at $259,400. This marked the 85th consecutive month with year-over-year price [...]