Buying Myths

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What Is the Probability That Home Values Sink?

By |2019-09-12T10:00:45+00:00September 12th, 2019|

With the current uncertainty about the economy triggered by a potential trade war, some people are waiting to purchase their first home or move-up to their dream house because they think or hope home prices will drop over the next few years. However, the experts disagree with this perspective. Here is a table showing the

Everybody Calm Down! This Is NOT 2008

By |2019-09-05T10:00:08+00:00September 5th, 2019|

Last week released the results of a survey that produced three major revelations: 53% of home purchasers (first-time and repeat buyers) currently in the market believe a recession will occur this year or next. 57% believe the next recession will be as bad or worse than 2008. 55% said they would cancel plans to

A Recession Does Not Equal a Housing Crisis [INFOGRAPHIC]

By |2019-08-30T10:00:12+00:00August 30th, 2019|

Some Highlights: There is plenty of talk in the media about a pending economic slowdown. The good news is, home values actually increased in 3 of the last 5 U.S. recessions, and decreased by less than 2% in the 4th. Many experts predict a potential recession is on the horizon. However, housing will not be

A Latte a Day Keeps Homeownership Away [INFOGRAPHIC]

By |2019-08-23T10:00:56+00:00August 23rd, 2019|

Some Highlights: The pumpkin spice latte is launching soon, so you may be tempted to spend your extra cash on a daily caffeine fix, but that small expense can add up to a big number – fast! Saving for a down payment takes a little discipline, so limiting your extra purchases (like a latte a

5 Easy Steps to Avoid Overwhelm from Media Overload

By |2019-08-22T10:00:44+00:00August 22nd, 2019|

When someone is thinking about buying or selling a home, they want to be well-informed. They want to make the right decision for themselves and their family. They scour the internet for any information they can find about the housing market. Today, there is an abundance of information available. It is often conflicting news. It

Seniors Are on the Move in the Real Estate Market

By |2019-08-21T10:00:14+00:00August 21st, 2019|

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 reason…to reserve a special day in honor of the

Buying a Home: Do You Know the Lingo? [INFOGRAPHIC]

By |2019-08-16T10:00:53+00:00August 16th, 2019|

Some Highlights: Buying a home can be intimidating if you’re not familiar with the terms used throughout the process. To point you in the right direction, here’s a list of some of the most common language you’ll hear when buying a home. The best way to ensure your home-buying process is a positive one is

Busting the Myth About a Housing Affordability Crisis

By |2019-08-15T10:00:33+00:00August 15th, 2019|

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 matters, but the price relative to a

The Benefits of Growing Equity in Your Home

By |2019-08-14T10:00:51+00:00August 14th, 2019|

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 three ways this is a win for

5 Real Estate Reality TV Myths Explained

By |2019-08-13T10:00:26+00:00August 13th, 2019|

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 sitting. When you’re in the middle of your real estate-themed TV