Consumer Confidence in Economy & Housing is Soaring

The success of the housing market is strongly tied to the consumer’s confidence in the overall economy. For that reason, we believe 2017 will be a great year for real estate. Here is just a touch of the news coverage on the subject.

Posted in For Buyers, For Sellers, Housing Market Updates

Looking to Move-Up to a Luxury Home? Now’s the Time!

If your house no longer fits your needs and you are planning on buying a luxury home, now is a

Posted in First Time Home Buyers, For Buyers, Millennials, Move-Up Buyers

Millionaire to Millennials: Buy Now!

Self-made millionaire David Bach was quoted in a CNBC article explaining that “the single biggest mistake millennials are making” is not purchasing a home because buying real estate is “an escalator to wealth.”

Posted in First Time Home Buyers, For Buyers, Millennials, Move-Up Buyers

Renting or Buying… Either Way You’re Paying a Mortgage

There are some people who have not purchased homes because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize that, unless you are living with your parents rent-free, you are paying a mortgage – either yours or your landlord’s.

Posted in First Time Home Buyers, For Buyers, Interest Rates, Move-Up Buyers

How Low Supply & High Demand Impacts the Real Estate Market [INFOGRAPHIC]

Some Highlights:

• The concept of Supply & Demand is a simple one. The best time to sell something is when the supply of that item is low & the demand for that item is high!
• Anything under a 6-month supply is a Seller’s Market!
• There has not been a 6-months inventory supply since August 2012!
• Buyer Demand continues to outpace Seller Supply!

Posted in For Buyers, For Sellers, Housing Market Updates, Infographics

The Foreclosure Crisis: 10 Years Later

CoreLogic recently released a report entitled, United States Residential Foreclosure Crisis: 10 Years Later, in which they examined the years

Posted in Distressed Properties, For Buyers, For Sellers, Foreclosures, Housing Market Updates

What Are the Experts Saying about Mortgage Rates?

Mortgage interest rates have risen over the last few months and projections are that they will continue their upswing throughout 2017. What impact will this have on the housing market? Here is what the experts are saying:

Posted in First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers

It’s a Seller’s Market! Should I Downsize Now?

A study by Edelman Berland reveals that 33% of homeowners who are contemplating selling their houses in the near future

Posted in For Sellers

4 Great Reasons to Buy This Spring!

Here are four great reasons to consider buying a home today instead of waiting. 1. Prices Will Continue to Rise

Posted in First Time Home Buyers, For Buyers, Move-Up Buyers

Don’t Let Your Luck Run Out [INFOGRAPHIC]

Some Highlights:

• The “Cost of Waiting to Buy” is defined as the additional funds it would take to buy a home if prices and interest rates were to increase over a period of time.
• Freddie Mac predicts that interest rates will increase to 4.8% by this time next year, while home prices are predicted to appreciate by 4.8% according to CoreLogic.
• Waiting until next year to buy could cost you thousands of dollars a year for the life of your mortgage!

Posted in First Time Home Buyers, For Buyers, Infographics, Interest Rates, Move-Up Buyers, Pricing