Real Estate News

Oct. 8, 2019

What’s the Latest on Interest Rates?

 

What’s the Latest on Interest Rates?

Mortgage rates have fallen by over a full percentage point since Q4 of 2018, settling at near-historic lows. This is big news for buyers looking to get more for their money in the current housing market.What’s the Latest on Interest Rates? | Keeping Current MattersAccording to Freddie Mac’s Primary Mortgage Market Survey,

the 30-year fixed-rate mortgage …

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Oct. 4, 2019

Experts Predict a Strong Housing Market for the Rest of 2019

 

Experts Predict a Strong Housing Market for the Rest of 2019

We’re in the back half of the year, and with a decline in interest rates as well as home price and wage appreciation, many are wondering what the predictions are for the remainder of 2019.

Here’s what some of the experts have to say:

Ralph McLaughlin, Deputy Chief …

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Sept. 28, 2019

Seniors Are on the Move in the Real Estate Market

 

Seniors Are on the Move in the Real Estate Market

Did you know August 21st is National Senior Citizens Day? According to the United States Census, we honor senior citizens today because,

 “Throughout our history, older people have achieved much for our families, our communities, and our country. That remains true today and gives us ample …

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Sept. 26, 2019

Housing Supply Not Keeping Up with Population Increase

Housing Supply Not Keeping Up with Population Increase

 

Many buyers are wondering where to find houses for sale in today’s market. It’s a true dilemma. We see an increase in buyer demand, but the supply available for purchase isn’t keeping up.

The number of new housing permits issued prior to the great recession increased for 15 years …

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Sept. 24, 2019

A Great Way to Increase Your Family’s Net Worth

A Great Way to Increase Your Family’s Net Worth

 

Every three years, the Federal Reserve conducts its Survey of Consumer Finances. Data is collected across all economic and social groups. The latest survey data covers 2013-2016.

The study revealed that the median net worth of a homeowner is $231,400 – a 15% increase since 2013. At the …

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Sept. 22, 2019

Buying a Home: Do You Know the Lingo?

Buying a Home? Do You Know the Lingo? [INFOGRAPHIC] | Keeping Current Matters

Sept. 20, 2019

Busting the Myth About a Housing Affordability Crisis

Busting the Myth About a Housing Affordability Crisis

 

 

It seems you can’t find a headline with the term “housing affordability” without the word “crisis” attached to it. That’s because some only consider the fact that residential real estate prices have continued to appreciate. However, we must realize it’s not just the price of a home that …

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Sept. 18, 2019

The Benefits of Growing Equity in Your Home

 

The Benefits of Growing Equity in Your Home

 

Over the last couple of years, we’ve heard quite a bit about rising home prices. Today, expert projections still forecast continued growth, just at a slower pace. One of the often-overlooked benefits of rising home prices is the positive impact they have on home equity. Let’s break down …

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Sept. 16, 2019

5 Real Estate Reality TV Myths Explained

5 Real Estate Reality TV Myths Explained

 

 

Have you ever been flipping through the channels, only to find yourself glued to the couch in an HGTV binge session? We’ve all been there, watching entire seasons of shows like “Property Brothers,” “Fixer Upper,” and “Love It or List It,” all in one …

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Sept. 13, 2019

American Confidence in Housing at an All-Time High

American Confidence in Housing at an All-Time High

 

Fannie Mae just released the July edition of their Home Purchase Sentiment Index (HPSI). The HPSI takes information regarding consumers’ confidence in the real estate market from Fannie Mae’s National Housing Survey and condenses it into a single number. Therefore, the HPSI reflects consumers’ current views and …

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