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Monthly Archives: January 2016

    Thinking of Selling? Why Now May Be The Time

    By Don Parsons | January 28, 2016

      It is common knowledge that a large number of homes sell during the spring-buying season. For that reason, many homeowners hold off on putting their home on the market until then. The question is whether or not that will be a good strategy this year. The other listings that do come out in the... Read More

    A Million+ Boomerang Buyers about to Enter Market

    By Don Parsons | January 27, 2016

      TransUnion recently released the results of a new study titled “The Bubble, the Burst and Now – What Happened to the Consumer?” The study revealed that 1.5 million homeowners that were negatively impacted by the housing crisis could re-enter the housing market in the next three years. TransUnion defined “negatively impacted” as… “…those who were 60+ days past due... Read More

    Existing Home Sales Rebound in December

    By Don Parsons | January 25, 2016

    The National Association of Realtors (NAR) just released their latest Existing Home Sales Report on Friday. Sales of existing homes rose by the largest increase ever recorded as they rebounded 14.7% over November’s numbers and now stand at 7.7% higher than a year ago. While this is great news for the housing market, let’s take a look at one... Read More

    What Do You Actually Need to Get a Mortgage?

    By Don Parsons | January 22, 2016

      Fannie Mae recently released their “What do consumers know about the Mortgage Qualification Criteria?” Study. The study revealed that Americans are misinformed about what is required to qualify for a mortgage when purchasing a home. Here are three takeaways: 59% of Americans either don’t know (54%) or are misinformed (5%) about what FICO score is necessary 86%... Read More

    Are You Wondering What It Takes To Buy Your First Home?

    By Don Parsons | January 19, 2016

      There are many people sitting on the sidelines trying to decide if they should purchase a home or sign a rental lease. Some might wonder if it makes sense to purchase a house before they are married and have a family. Others may think they are too young. And still others might think their... Read More

    Thinking of Buying? Selling? 5 Reasons You Need To Hire A Professsional

    By Don Parsons | January 18, 2016

      Whether you are buying or selling a home, it can be quite an adventurous journey. You need an experienced Real Estate Professional to lead you to your ultimate goal. In this world of instant gratification and internet searches, many sellers think that they can For Sale by Owner or FSBO. The 5 Reasons You NEED... Read More

    Lack of Listings Slowing Down the Housing Market

    By Don Parsons | January 13, 2016

      The housing crisis is finally in the rear view mirror as the real estate market moves down the road to a complete recovery. Home values are up. Home sales are up. Distressed sales (foreclosures and short sales) have fallen dramatically. It seems that 2016 will be the year that the housing market again races... Read More

    When Is It A Good Time To Rent? NOT Now!

    By Don Parsons | January 12, 2016

    People often ask whether or not now is a good time to buy a home. No one ever asks when a good time to rent is. However, we want to make certain that everyone understands that today is NOT a good time to rent. The Census Bureau recently released their third quarter median rent numbers. Here is... Read More

    Thinking of Buying a Home? 3 Questions Every Buyer Should Answer First

    By Don Parsons | January 11, 2016

      If you are debating purchasing a home right now, you are probably 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 the real estate market. Answering the following 3 questions will... Read More

    Obstacles to Homeownership: Perceived or Real?

    By Don Parsons | January 7, 2016

      Yesterday, we discussed the belief Americans have in homeownership and their desire to partake in this piece of the American Dream. We also discussed some of the obstacles preventing them from attaining that goal. However, studies have shown that that many of the obstacles mentioned are perceived, not real. A recent study by Fannie Mae, What Do Consumers... Read More