Monthly Archives: May 2016
The Main Reason to Use a Real Estate Professional when Selling Your House
Every homeowner hopes to accomplish five goals when selling their home: Sell it for the best price Sell it within a predetermined time Sell it with the least amount of hassles Close on the sale the same day they move into their new home The fifth reason is the most obvious and the most important:... Read More
New & Existing Home Sales Climb
Some Highlights: Both New Home Sales and Existing Home Sales are up month-over-month and year-over-year. Inventory remains low which continues to drive home prices up as demand continues to exceed the 4.7-month inventory. The median price of new homes is up 12% from March 2015, while the median price of existing homes is up 6.3% from April... Read More
Unparalleled Trust Necessary Before Listing Your House
You and your family have decided to sell your house. It is now time to choose a real estate professional to help with the process. One of the major attributes this agent must possess is trustworthiness. To what degree do you need to trust them? You must have enough trust in them that you feel... Read More
Sell NOW Before Competition Hits the Market
In their current edition of the Home Price Expectation Survey released last week, Pulsenomicsasked this question of the 100+ economists, real estate experts and investment & market strategists they surveyed: “In your opinion, what is the primary driver of recent home value growth in the U.S.?” Here are the top four reasons given by those surveyed: As we... Read More
Where Are Home Values Headed Over the Next 5 Years?
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. They... Read More
When Is It A Good Time To Rent? Definitely NOT NOW!
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 first quarter median rent numbers. Here is... Read More
4 Reasons to Move Up to Your Dream Home This Spring
Spring is in full force; the summer months are right around the corner. If you are debating moving up to your dream home, here are four great reasons to consider listing your current home and moving up to your dream home now, instead of waiting. 1. Buyer Demand is High & Inventory is Low Recent... Read More
Renting vs. Buying: What Does it Really Cost?
Some Highlights: The percentage of income needed to afford a median priced home is almost half the percentage of income needed to afford median rent. Buying costs are significantly less than renting costs. The percentage of income needed to afford a median priced home is less than the historic norm. Read More
The Presidential Election and Its Impact on Housing
Every four years people question what effect the Presidential election might have on the national housing market. Let’s take a look at what is currently taking place. The New York Timesran an article earlier this week where they explained: “A growing body of research shows that during presidential election years — particularly ones like this when there is... Read More
Are Foreclosures Increasing or Decreasing?
Recently, there has been a lot of talk about the size of the foreclosure inventory in the nation. There has been some speculation that distressed property inventories are about to skyrocket. Today, we want to reveal what is actually taking place in this segment of the housing market. CoreLogic, in their most recent National Foreclosure Report, reported... Read More