Market Updates

Jan. 30, 2018

The Impact Of Tight Inventory On The Housing Market

The housing crisis is finally in the rear-view mirror as the real estate market moves down the road to a complete recovery. Home values are up, home sales are up, and distressed sales (foreclosures and short sales) have fallen to their lowest points in years. It seems that the market …

View More
Jan. 29, 2018

712,000 Homes In The US Regained Equity In The Past 12 Months!

CoreLogic’s latest Equity Report revealed that “over the past 12 months, 712,000 borrowers moved into positive equity.” This is great news, as the share of homeowners with negative equity (those who owe more than their home is worth), has dropped more than 20% since the peak in Q4 …

View More
Jan. 27, 2018

4 Reasons To Sell This Winter

Some Highlights:

  • Buyer demand continues to outpace the supply of homes for sale which means that buyers are often competing with one another for the few listings that are available!
  • Housing inventory is still under the 6-month supply needed to sustain a normal housing market.
  • Perhaps the time has come …
View More
Jan. 26, 2018

Time On The Market Drops To New Low In 2017

According to recently released data from the National Association of Realtors (NAR), the median amount of time a home spent on the market hit an all-time low of only three weeks in 2017.

Strong buyer demand, a good economy, and a low inventory of new and existing homes for sale …

View More
Jan. 25, 2018

The Benefits Of Homeownership Go Beyond The Financial

 

Homeownership is a major part of the American Dream. As evidence of that, 91% of Americans believe that owning a home is either essential (43%) or important (48%) to achieving that “dream.” In a market where some people may be unsure about the benefits and possibilities …

View More
Jan. 24, 2018

How Rising Prices Will Help You Build Family Wealth In 2018

Over the next five years, home prices are expected to appreciate on average by 3.35% per year and to grow by 24.34% cumulatively, according to Pulsenomics’ most recent Home Price Expectation Survey.

So, what does this mean for homeowners and their equity position?

As an example, let’s assume a …

View More
Jan. 23, 2018

How To Save On A Mortgage Payment Whether Buying Or Selling

In Trulia’s recent reportRent vs. Buy: Roommate Edition, they examined the impact that renting with a roommate has in determining whether it is more expensive to rent or buy. The study explains:

“Since we started keeping track in 2012, it’s been a better deal to buy than rent …

View More
Jan. 16, 2018

Buying a Home in 2018? Here's What You Need to Do Now

Peace out, landlords! In the year 2018, you've resolved to purchase your own home. Whether you're gunning for chic city condo or quiet house in the middle of nowhere, there are several tips our experts believe apply to all prospective buyers.

Figure Out Where You Want to Live …

View More
Jan. 12, 2018

7 Things You Need to Know About the 2018 Housing Market

It's that time of year when we reflect on the last 12 months, look dreamily out the coffee shop window, and think... "To hell with you, 2017! You were the [bleeping] worst. Let's hope 2018 isn't such a slimy armpit stain of a year." Ahem,  …

View More
Jan. 11, 2018

Top 5 Reasons You Shouldn’t FSBO

In today’s market, with home prices rising and a lack of inventory, some homeowners may consider trying to sell their home on their own, known in the industry as a For Sale by Owner (FSBO). There are several reasons why this might not be a good idea for the vast …

View More