Housing Market Updates

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Home Price Appreciation Forecast

By |2019-07-15T21:58:39+00:00July 15th, 2019|

Questions continue to come up about where home prices will head throughout the rest of this year, as well as where they may be going over the few years beyond. We’ve gathered current data from the industry’s most reliable sources to help answer these questions: The Home Price Expectation Survey – A survey of over 100

Is Your First Home Now Within Your Grasp? [INFOGRAPHIC]

By |2019-07-15T21:30:59+00:00July 12th, 2019|

Some Highlights: According to the US Census Bureau, “millennials” are defined as 18-36-year-olds. According to NAR’s latest Profile of Home Buyers & Sellers, the median age of all first-time home buyers is 32. More and more “old millennials” (25-36) are realizing that homeownership is within their grasp now! Read more great articles on the Gateway

Americans’ Powerful Belief in Homeownership as an Investment

By |2019-07-11T10:00:33+00:00July 11th, 2019|

The Federal Reserve Bank (The Fed) recently released their 2019  Survey of Consumer Expectations Housing Survey. The survey reported that 65% of Americans believe homeownership is a good financial investment. Since 2014, the percentage has increased by over nine percent.The Fed’s survey also showed that when the results are broken down by age, education, income,

Now’s the Time to Move-Up and Upgrade Your Current Home!

By |2019-07-08T10:00:41+00:00July 8th, 2019|

Homes priced at the top 25% of the price range for a particular area of the country are considered “premium homes.” In today’s real estate market, there are deals to be had at the higher end! This is great news for homeowners wanting to upgrade from their current house. Much of the demand for housing

Millennials Are Increasing the Demand for Condominiums

By |2019-07-02T17:41:55+00:00July 2nd, 2019|

When deciding to buy a home, people are presented with many different options. The type of home you buy depends on your needs, budget, and in many cases, the desired maintenance level. For many millennials, their choice has been buying a condominium! According to CoreLogic, “Last year about 43% of all condo home-purchase mortgage applications

Top 5 Reasons You Should NOT FSBO

By |2019-07-02T17:41:13+00:00July 1st, 2019|

Rising home prices coupled with a lack of inventory in today’s market may cause some homeowners to consider selling their home on their own (known in the industry as a For Sale By Owner). However, a FSBO might not be a good idea for the vast majority of sellers. The top 5 reasons are listed

Americans Rank Real Estate Best Investment for 6 Years Running! [INFOGRAPHIC]

By |2019-07-02T17:49:41+00:00June 28th, 2019|

Some Highlights: Real estate has outranked stocks/mutual funds, gold, savings accounts/CDs, and bonds as the best long-term investment among Americans for the last 6 years. Stock owners are more positive about real estate than stocks as an investment. Of the 4 listed, real estate is the only investment you can also live in!

Stop Wondering What Your Budget Is & Get Pre-Approved!

By |2019-07-02T17:37:15+00:00June 24th, 2019|

In many markets across the country, the number of buyers searching for their dream homes outnumbers the number of homes for sale. This has led to a competitive marketplace where buyers often need to stand out. One way to show that you are serious about buying your dream home is to get pre-qualified or pre-approved for a

5 Reasons to Sell Your House This Summer

By |2019-06-19T19:53:53+00:00June 17th, 2019|

5 Reasons to Sell Your House This Summer Here are 5 compelling reasons listing your home for sale this summer makes sense. 1. Demand Is Strong The latest Buyer Traffic Index from the National Association of Realtors (NAR) shows that buyer demand remains strong throughout the vast majority of the country. These buyers are ready,

Top 4 Renovations for the Greatest Return on Investment! [INFOGRAPHIC]

By |2019-06-14T10:00:33+00:00June 14th, 2019|

Some Highlights: If you are planning on listing your house for sale this year, these four home improvement projects will net you the most Return on Investment (ROI). Minor renovations can go a long way toward improving the quality of your everyday life and/or impressing potential buyers. Whether you plan to stay in your house for