Inadequate Inventory Driving Prices Up
Tuesday January 3rd, 2017
The latest Existing Home Sales Report from the National Association of Realtors (NAR) revealed a direct correlation between a lack of inventory and rising prices.
Year-Over-Year Sales Increases Reach Double Digits in 5 Price Categories
Wednesday January 4th, 2017
The National Association of Realtors’ most recent Existing Home Sales Report revealed that, compared to last year, home sales are up dramatically in five of the six price ranges they measure.
Millionaire to Millennials: Buy a Home!!
Thursday January 5th, 2017
Last week, CNBC ran an article quoting self-made millionaire David Bach explaining that not purchasing a home is “the single biggest mistake millennials are making” because buying real estate is “an escalator to wealth.”
3 Tips for Making Your Dream Come True of Buying a Home!
Friday January 6th, 2017
Is your goal for 2017 to buy a home of your own? Realtor.com recently shared 5 habits to start now if you hope to buy a home in 2017 … Here are the Top 3 …
If Your Home Hasn’t Sold Yet… Check the Price!
Monday January 9th, 2017
The residential housing market has been hot. Home sales have bounced back solidly and are now at their second highest pace since February 2007. Demand has remained strong throughout the winter as many real estate professionals are reporting bidding wars with many homes selling above listing price. What about your house?
You Need a Professional on Your Team When Buying a Home
Tuesday January 10th, 2017
Many people wonder whether they should hire a real estate professional to assist them in buying their dream home or if they should first try to do it on their own. In today’s market: you need an experienced professional!
Top 3 Things Second-Wave Baby Boomers Look for in a Home
Wednesday January 11th, 2017
According to data from the U.S Census bureau, there are approximately 76.4 million baby boomers living in the United States today. Contrary to what many think, there are very different segments within this generation, and one piece that sets them apart are their housing needs.
Is This the Year to Move Up to Your Dream Home? If So, Do it Early
Thursday January 12th, 2017
It appears that Americans are regaining faith in the U.S. economy. The following indexes have each shown a dramatic jump in consumer confidence in their latest surveys:
Prices Rose 7.1% Year-Over-Year
Friday January 13th, 2017
Last Summer’s very low mortgage rates sparked demand, and with for-sale inventories low, the result has been a pickup in hoe-price growth.
Why Pre-Approval Should Be Your First Step
Monday January 16th, 2017
In many markets across the country, the number of buyers searching for their dream homes greatly outnumbers the amount of homes for sale. This has led to a competitive marketplace where buyers often need to stand out. One way to show you are serious about buying your dream home is to get pre-qualified or pre-approved for a mortgage before starting your search.
5 Myths About Real Estate Reality TV Explained
Tuesday January 17th, 2017
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 “Love it or List it,” “Fixer Upper,” “House Hunters,” “Property Brothers,” and so many more, just in one sitting.
What Would a Millennial Baby Boom Mean for Housing?
Wednesday January 18th, 2017
Recently released data from the National Center for Health Statistics revealed that 1.3 million Millennial women gave birth for the first time in 2015. There are now over 16 million women in this generation who have become mothers.
Will Housing Affordability Be a Challenge in 2017?
Thursday January 19th, 2017
Some industry experts are saying that the housing market may be heading for a slowdown in 2017 based on rising home prices and a jump in mortgage interest rates. One of the data points they use is the Housing Affordability Index, as reported by the National Association of Realtors (NAR).