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Monthly Archives: September 2019

    Homeowners Are Happy! Renters? Not So Much.

    By Taylor Swanson | September 27, 2019

    When people talk about homeownership and the American Dream, much of the conversation revolves around the financial benefits of owning a home. However, two recent studies show that the non-financial benefits might be even more valuable. In a recent survey, Bank of America asked homeowners: “Does owning a home make you happier than renting?” 93%... Read More

    Should You Fix Your House Up or Sell Now?

    By Taylor Swanson | September 26, 2019

    With the fall season upon us, change is in the air. For many families, children are growing up and moving out of the house, maybe leaving for college or taking a jump into the working world. Parents are finding themselves as empty nesters for the first time. The question inevitably arises: is it finally time... Read More

    Is Your House “Priced to Sell Immediately”?

    By Taylor Swanson | September 25, 2019

    In today’s real estate market, more houses are coming to market every day. Eager buyers are searching for their dream homes, so setting the right price for your house is one of the most important things you can do. According to CoreLogic’s latest Home Price Index, home values have risen at over 6% a year... Read More

    One of the Top Reasons to Own a Home

    By Taylor Swanson | September 24, 2019

    One of the benefits of homeownership is that it is a “forced savings plan.”Here’s how it works: You make a mortgage payment each month. Part of that payment is applied to the principal balance of your mortgage. Each month you owe less on the home. The difference between the value of the home and what... Read More

    What Buyers Need to Know About HOAs

    By Taylor Swanson | September 23, 2019

    When searching for a home, you may end up selecting a property in a community with a Homeowners Association (HOA). Before you buy, it’s important to know how an HOA works and what they mean for you. According to a recent article on realtor.com, “In a nutshell, an HOA helps ensure that your community looks... Read More

    Home Prices Increase in Every Price Range

    By Taylor Swanson | September 18, 2019

    CoreLogic’s Home Price Index (HPI) Report revealed, “National home prices increased 3.6% year over year in July 2019 and are forecast to increase 5.4% from July 2019 to July 2020.” They also analyzed four individual home-price tiers, showing the increase in each. Here’s the breakdown: To clarify the methodology, CoreLogic explains, “The four price tiers... Read More

    Things to Avoid After Applying for a Mortgage

    By Taylor Swanson | September 17, 2019

    Congratulations! You’ve found a home to buy and have applied for a mortgage! You’re undoubtedly excited about the opportunity to decorate your new home, but before you make any large purchases, move your money around, or make any big-time life changes, consult your loan officer – someone who will be able to tell you how... Read More

    What Is the Probability That Home Values Sink?

    By Taylor Swanson | September 13, 2019

    With the current uncertainty about the economy triggered by a potential trade war, some people are waiting to purchase their first home or move-up to their dream house because they think or hope home prices will drop over the next few years. However, the experts disagree with this perspective. Here is a table showing the... Read More

    Millennial Buying Power Poised to Boost Homeownership

    By Taylor Swanson | September 11, 2019

    In a recent article by Realtor Magazine, Mark Fleming, Chief Economist of First American Financial Corporation, notes, “The largest group of millennials by birth year will turn 30 in 2020, which puts them entering their prime homebuying years”. The article continues to describe how millennials have more buying-power than the generations that preceded them, making... Read More

    The Role Access Plays in Getting Your House Sold

    By Taylor Swanson | September 10, 2019

    So, you’ve decided to sell your house. You’ve hired a real estate professional to help you with the entire process and you’ve been asked what level of access you want to provide to potential buyers. There are four elements to a quality listing. At the top of the list is Access, followed by Condition, Financing,... Read More