Monthly Archives: September 2015
Sellers Dilemma: OTM, FSBO or List Again?
At the end of June, in every region of the country, hundreds of homeowners have a tough decision to make. The ‘listing for sale agreement’ on their house is about to expire and they now must decide to either take their house off the market (OTM), For Sale by Owner (FSBO) or list it again... Read More
The Cost of Waiting to Buy a Home
The National Association of Realtors (NAR) recently released their July edition of the Housing Affordability Index. The index measures whether or not a typical family earns enough income to qualify for a mortgage loan on a typical home at the national level based on the most recent price and income data. NAR looks at the monthly mortgage payment... Read More
Why You Should Stop Renting & Buy Today!
There are many young people debating whether they should renew the lease on their apartment or sign a contract to purchase their first home. Housing Cost & Net Worth Whether you rent or buy, you have a monthly housing cost. As a buyer, you are paying YOUR mortgage. Every mortgage payment is a form of what Harvard University’s... Read More
Home Prices Rising! Appraisers say WHOA!
Each month, Quicken Loans releases their national Home Price Perception Index (HPPI). This month’s report revealed that the difference in appraiser home value opinions as compared to homeowner estimates is continuing to increase. Chief Economist Bob Walters explains: “Many homeowners around the country are seeing the national headlines about home value increases and they are optimistic about their equity... Read More
5 Financial Reasons To Buy A Home
We have reported many times that the American Dream of homeownership is alive and well. The personal reasons to own differ for each buyer, with many basic similarities. Eric Belsky, the Managing Director of the Joint Center of Housing Studies at Harvard University expanded on the top 5 financial benefits of homeownership in his paper –The Dream Lives On: the Future... Read More
A+ Reasons to Hire A Real Estate Professional
Some Highlights: Hiring a Real Estate Professional to buy your dream home, or sell your current house is one of the most ‘educated’ decisions you can make! A Real Estate Professional has the experience needed to help you through the entire process. Make sure that you hire someone who knows current market conditions & can simply... Read More
15,315 Houses Sold Yesterday! Did Yours?
There are some homeowners that have been waiting for months to get a price they hoped for when they originally listed their house for sale. The only thing they might want to consider is… If it hasn’t sold yet, maybe it’s not priced properly. After all 15,315 houses sold yesterday, 15,315 will sell today and... Read More