Skip To Content

Monthly Archives: April 2015

    There’s No Place Like Home

    By Don Parsons | April 27, 2015

    Last week, we reported on the financial reasons purchasing a home in today’s market makes sense. The Joint Center for Housing Studies at Harvard University performs a study every year surveying participants for the reasons that American’s feel are most important in regards to homeownership. The top 4 reasons to own a home cited by respondents were not financial. 1. It means having... Read More

    Home Sales Skyrocketing!!

    By Don Parsons | April 23, 2015

    Yesterday, the National Association of Realtors (NAR) released their Existing Home Sales Report. The numbers shocked many analysts as they revealed a 10.4% increase over the same month last year. This is the highest number of sales since September 2013. Sales have increased year-over-year for six consecutive months and the 10.4% increase is the highest annual increase since August 2013.... Read More

    Good News for ‘Typical’ Home Buyers

    By Don Parsons | April 22, 2015

    In a speech delivered earlier this year, Secretary for HUD Julián Castro, called 2015 “A Year of Housing Opportunity”. A recent report by The National Association of Realtors (NAR) revealed that investment home sales decreased 7.4% in 2014 to an estimated 1.02 million. What does this mean for the ‘typical’ homebuyer? Lawrence Yun, NAR’s Chief Economist gave some insight: “Despite strong... Read More

    We Need You(r House)!!

    By Don Parsons | April 22, 2015

    Though the real estate market has improved, we still have one item holding it back from a full recovery – a robust supply of homes for sale. Demand has increased dramatically. At the same time, housing inventory is decreasing especially at the lower price points. The National Association of Realtors (NAR) recently revealed that there is a pent-up seller demand caused by... Read More

    Housing Market: Freddie Mac Remains Optimistic

    By Don Parsons | April 20, 2015

    The April 2015 U.S. Economic & Housing Market Outlook from Freddie Mac revealed that they are optimistic about the real estate market in 2015. As a matter of fact, the sub-title of the report was “Great Expectations”. What made Freddie Mac so optimistic? Here are a few highlights from the report: “For the remainder of the year... Read More

    Does Homeownership Make Sense Financially?

    By Don Parsons | April 17, 2015

    Everyone knows the social advantages of home ownership. However, some question the financial benefits of owning a home. Three recent studies shed some light on the issue. RealtyTrac recently released a report comparing home price appreciation to wage growth over the last two years. The study revealed that home price appreciation has outpaced wage growth in 76% of U.S. housing... Read More

    Selling Your House in 2015? Don’t Miss this Opportunity

    By Don Parsons | April 17, 2015

    Every seller wants to get the best price for their house. We learned in high school that the best price for any item will be determined by the demand for that item relative to the supply of that item. We have reported that the inventory of houses for sale is well below normal numbers. There is historical... Read More

    Housing Market is Healthiest in Years!

    By Don Parsons | April 14, 2015

    According to Nationwide’s recently unveiled, Health of Housing Market (HoHM) Report, the US housing market is at it’s healthiest levels since the index’s creation in 2001. The index analyzes the health of the housing market across the country and in 373 metro areas every quarter. Using the data that they have collected over the past 15... Read More

    Pending Sales Surge: Great Sign for the Housing Market

    By Don Parsons | April 14, 2015

    The most recent Pending Homes Sales Index from the National Association of Realtors revealed that homes going into contract in February increased to their highest level since June 2013. The Pending Home Sales Index is a leading indicator for the housing sector, based on pending sales of existing homes. A sale is listed as pending when the... Read More

    3 Questions to Ask Yourself Before Buying A Home

    By Don Parsons | April 14, 2015

    If you are debating purchasing a home right now, you are surely getting a lot of advice. Though your friends and family will have your best interest at heart, they may not be fully aware of your needs and what is currently happening in real estate. Let’s look at whether or not now is actually... Read More