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Monthly Archives: December 2015

    American Dream of Homeownership Still Very Much Alive

    By Don Parsons | December 31, 2015

      In a recent post, Trulia examined whether homeownership was again being seen by adults in the US as a “part of their personal American Dream.” Over the last five years: The percentage of U.S. adults who believe homeownership is part of their American Dream increased from 70% to 75% The percentage of 18-34 Year-olds who believe homeownership is part... Read More

    Thinking of Selling Your Home? Get Ready to Negotiate!

    By Don Parsons | December 29, 2015

      Now that the market has showed signs of recovery, some sellers may be tempted to try and sell their home on their own (FSBO) without using the services of a real estate professional. Real estate agents are trained and experienced in negotiation. In most cases, the seller is not. The seller must realize their... Read More

    Don’t Let Rising Rents Trap You!

    By Don Parsons | December 28, 2015

    There are many benefits to homeownership. One of the top ones is being able to protect yourself from rising rents and lock in your housing cost for the life of your mortgage. Don’t Become Trapped Jonathan Smoke, Chief Economist at realtor.com recently reported on what he calls a “Rental Affordability Crisis”. He warns that, “Low rental vacancies and a... Read More

    Why Did Home Sales Drop So Dramatically Last Month?

    By Don Parsons | December 23, 2015

      Yesterday, the National Association of Realtors (NAR) released their latest Existing Home Sales Report which covered sales in November. The report revealed that sales: “…fell 10.5 percent to a seasonally adjusted annual rate of 4.76 million in November (lowest since April 2014 at 4.75 million)…” That revelation gave birth to a series of industry articles, some of which... Read More

    Building Family Wealth Over The Next 5 Years

    By Don Parsons | December 22, 2015

      As the economy continues to improve, more and more Americans are seeing their personal financial situations also improving. Instead of just getting by, many are now beginning to save and find other ways to build their net worth. One way to dramatically increase their family wealth is through the acquisition of real estate. For... Read More

    Home Prices: Where Are They Headed Over The Next 5 Years?

    By Don Parsons | December 21, 2015

      Today, many real estate conversations center on housing prices and where they may be headed. That is why we like the Home Price Expectation Survey. Every quarter, Pulsenomics surveys a nationwide panel of over one hundred economists, real estate experts and investment & market strategists about where they believe prices are headed over the next five years.... Read More

    FSBO, List Again or OTM? A Seller’s Dilemma

    By Don Parsons | December 17, 2015

      At the end of December, 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

    How Long Does It Take To Save A Down Payment?

    By Don Parsons | December 16, 2015

      In a recent study conducted by Builder.com, researchers determined that nationwide it would take “nearly eight years” for a first-time buyer to save enough for a down payment on their dream home. Depending on where you live, median rents, incomes and home prices all vary. By determining the percentage a renter spends on housing in each state and the... Read More

    Selling Your House? 5 Reasons You Shouldn’t For Sale By Owner

    By Don Parsons | December 15, 2015

    In today’s market, with homes selling quickly and prices rising, some homeowners might consider trying to sell their home on their own, known in the industry as a For Sale by Owner (FSBO). There are several reasons this might not be a good idea for the vast majority of sellers. Here are five of those reasons: 1.... Read More

    Selling Your House? 5 Reasons You Shouldn’t For Sale By Owner

    By Don Parsons | December 15, 2015

      In today’s market, with homes selling quickly and prices rising, some homeowners might consider trying to sell their home on their own, known in the industry as a For Sale by Owner (FSBO). There are several reasons this might not be a good idea for the vast majority of sellers. Here are five of those reasons:... Read More