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Monthly Archives: April 2019

    Renters Paying Substantially More While Owning Costs Less

    By Taylor Swanson | April 25, 2019

    In a recent Insights Blog, CoreLogic reported that rent prices have skyrocketed since 2005. Meanwhile, the typical mortgage payment has actually decreased. “CoreLogic’s national rent index was up 36% in December 2018 compared with December 2005, while the typical mortgage payment was down 4% over that period.” Why the difference between the costs of renting... Read More

    With Inventory Low: Will Your Dream Home Need Some TLC?

    By Taylor Swanson | April 23, 2019

    According to a new survey from Move.com, the wave of first-time homebuyers hitting the market this summer has resulted in an interesting statistic. Nearly 60% of buyers searching for a home this spring are willing to consider buying a fixer-upper, with 95% believing that the projects needed will increase their new home’s value! Realtor.com’s Chief... Read More

    Home Buyer Demand Will Be Strong For Years To Come

    By Taylor Swanson | April 21, 2019

    There has been a lot written about millennials and their preference to live in city centers above their favorite pizza place. Some have even gone so far as to say that millennials are a “Renter-Generation”. And while this might be true for some millennials, more and more research has surfaced that shows for the vast... Read More

    Home Value Appreciation Stops Falling, Begins To Stabilize

    By Taylor Swanson | April 19, 2019

    The percentage of home price appreciation on a year-over-year basis has decreased each month for over a year. The question was how far annual appreciation would fall. It seems we may now have the answer. In a recent post on the National Association of Realtors’ Economists’ Outlook Blog, it was revealed that Realtors are starting... Read More

    Buyer Demand Surging As Spring Market Begins

    By Taylor Swanson | April 19, 2019

    Last fall, some predicted that the 2019 residential real estate market would be a disaster. There was even belief we might experience a housing crash like the one that occurred during the last decade. However, according to two separate reports*, buyer demand dramatically increased over the last three months, leading into this spring buyers’ market... Read More

    Are Low Interest Rates Here To Stay?

    By Taylor Swanson | April 17, 2019

    Interest rates for a 30-year fixed rate mortgage have been on the decline since November, now reaching lows last seen in January 2018. According to Freddie Mac’s latest Primary Mortgage Market Survey, rates came in at 4.12% last week! This is great news for anyone who is planning on buying a home this spring! Freddie... Read More

    Homeowners: Now Is A Good Time To Sell Your House

    By Taylor Swanson | April 16, 2019

    Every month, the National Association of Realtors (NAR) releases their Seller Traffic Index as a part of their Realtors Confidence Index. In the latest release, NAR reported that homeowners have been reluctant to sell their houses. This is reflected when broken down by state. Only 11 states have a stable level of seller traffic compared... Read More

    3 Questions You Need To Ask Before Buying A Home

    By Taylor Swanson | April 15, 2019

    If you are debating purchasing a home right now, you are probably getting a lot of advice. Though your friends and family have your best interests at heart, they may not be fully aware of your needs and what is currently happening in the real estate market. Ask yourself the following three questions to help... Read More

    What To Consider When Choosing Your Home To Retire In

    By Taylor Swanson | April 11, 2019

    As more and more baby boomers enter retirement age, the question of whether they should sell their homes and move has become a hot topic. In today’s housing market climate, with low available inventory in the starter and trade-up home categories, it makes sense to evaluate your home’s ability to adapt to your needs in... Read More

    Why Pet-Friendly Homes Are In High Demand

    By Taylor Swanson | April 9, 2019

    One of the many benefits of owning your own home is the freedom to find your ‘furever’ friend. By pointing out the aspects of your home that make it ‘pet-friendly’ in your listing, you’ll attract these buyers, rather than alienating the 68% of American households that have a pet! If you are one of the... Read More