Home Prices Have Appreciated 6.9% In 2018

By | General

Between 1987 and 1999, which is often referred to as the ‘Pre-Bubble Period,’ home prices grew at an average of 3.6% according to the Home Price Expectation Survey. Every month, the economists at CoreLogic release the results of their Home Price Insights Report, which includes the actual year-over-year change in prices across the country and their predictions for the following… Continued

September 20, 2018

Homeownership Is A Dominant Gene

By | General

There are many things that factor into the decision to buy a home. New research from the Urban Institutesuggests that one of those things may be inherited from your parents. Children are More Likely to Own a Home if Their Parents Did According to an analysis of millennial homeowners, the homeownership rate of those whose parents rent their… Continued

September 14, 2018

What Does The Future Hold For Home Prices?

By | General

Home prices are at the top of everyone’s minds. Can they maintain their current pace of appreciation? Will rising mortgage rates negatively impact home values? Will the next economic slowdown cause prices to crash? Let’s try to answer these questions based on what has happened in the past as well as what we know about… Continued

September 13, 2018

Home Prices Up 6.49% Across The Country!

By | General

Some Highlights: The Federal Housing Finance Agency (FHFA) recently released their latest quarterly Home Price Index report. In the report, home prices are compared both regionally and by state. Based on the latest numbers, if you plan on relocating to another state, waiting to move may end up costing you more!

September 10, 2018

Rents Are On The Rise: Don’t Get Caught In The Rental Trap!

By | Buying A Home, General

  There are many benefits to homeownership, but one of the top benefits is protecting yourself from rising rents by locking in your housing cost for the life of your mortgage. Don’t Become Trapped  A recent article by Apartment List addressed rising rents by stating: “Our national rent index is up 0.1 percent month-over-month, marking the sixth straight month… Continued

September 6, 2018

5 Reasons You Should Sell This Fall!

By | General, Selling Your Home

  Here are five reasons why listing your home for sale this fall makes sense. 1. Demand Is Strong The latest Buyer Traffic Report from the National Association of Realtors (NAR) shows that buyer demand remains very strong throughout the vast majority of the country. These buyers are ready, willing and able to purchase…and are in the market right… Continued

September 4, 2018

Are You Thinking Of Selling Your Home? Competition Is Coming!

By | General, Selling Your Home

  The number of building permits issued for single-family homes is the best indicator of how many newly built homes will rise over the next few months. According to the latest U.S. Census Bureau and U.S. Department of Housing & Urban Development Residential Sales Report, the number of building permits issued in June was 850,000, a 0.8% increase from May. How… Continued

August 13, 2018