There are many conflicting headlines when it comes to describing today’s real estate market. Some are making comparisons to the market we experienced 10 years ago and are starting to believe that we may be doomed to repeat ourselves. Others are just plain wrong when it comes to what it takes to qualify for a […]
Posted in First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers
There are some people who have not purchased homes because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize, however, that unless you are living with your parents rent-free, you are paying a mortgage – either yours or your landlord’s. As Entrepreneur Magazine, a premier source for small business, explained in […]
Posted in First Time Home Buyers, For Buyers, Interest Rates, Move-Up Buyers, Rent vs. Buy
You read that right! First-time buyers across the country are getting creative when it comes to saving the necessary down payment to buy a home. Many couples are asking their wedding guests to contribute to their “Down Payment Fund” rather than fulfilling a traditional registry. This is fueled by the fact that many couples live […]
Posted in Down Payments, First Time Home Buyers, For Buyers, Millennials, Move-Up Buyers
The National Association of Realtors (NAR) released the results of their latest Existing Home Sales Report which revealed that home sales declined 0.6% to a seasonally adjusted annual rate of 5.38 million in June from 5.41 million in May, and are 2.2% below a year ago. Some may look at these numbers and think that now is a bad […]
Posted in For Sellers, Housing Market Updates, Move-Up Buyers
Posted in Baby Boomers, First Time Home Buyers, For Buyers, Generation X, Infographics, Millennials, Move-Up Buyers, Rent vs. Buy
With home prices continuing to appreciate above historic levels, some are concerned that we may be heading for another housing ‘boom & bust.’ It is important to remember, however, that today’s market is quite different than the bubble market of twelve years ago. Here are four key metrics that will explain why: Home Prices Mortgage […]
Posted in For Buyers, For Sellers, Housing Market Updates
As the real estate market continues to move down the road to a complete recovery, we see home values and home sales increasing while distressed sales (foreclosures and short sales) continue to fall to their lowest points in years. There is no doubt that the housing market will continue to strengthen throughout 2018. However, there […]
Posted in For Sellers, Housing Market Updates, Move-Up Buyers
Posted in Buying Myths, Down Payments, First Time Home Buyers, For Buyers, Infographics, Move-Up Buyers
Some experts are calling for a slowdown in the economy later this year and most economists have predicted that the next recession could only be eighteen months away. The question is, what impact will a recession have on the housing market? Here are the opinions of several experts on the subject: Ivy Zelman in her […]
Posted in For Buyers, For Sellers, Housing Market Updates
Posted in First Time Home Buyers, For Buyers, Infographics, Millennials, Rent vs. Buy