Why Are So Few Homes For Sale?

By | General

There is no doubt that the largest challenge in today’s housing market is a lack of housing inventory for sale. This challenge has been defined as an “overwhelming lack of supply,” and even a “straight up inventory crisis.” First American just released the results of a survey which sheds light on the reasons for the current lack of supply. The survey asked title… Continued

September 21, 2017

More Americans Say Now Is A Good Time To Sell!

By | General

Recently released data from Fannie Mae’s National Housing Survey revealed that rising home prices were the catalyst behind an eight-point jump in the net percentage of respondents who say now is a good time to sell. The index is now 21 points higher than it was this time last year. Overall, 62% of Americans surveyed said that now… Continued

September 20, 2017

Home Sales Expected To Increase Nicely In 2018

By | General

Freddie Mac, Fannie Mae, andThe Mortgage Bankers Association are all projecting that home sales will increase in 2018. Here is a chart showing what each entity is projecting in sales for the remainder of this year and the next. As we can see, each entity is projecting sizable increases in home sales next year. If you have… Continued

September 20, 2017

5 Reasons To Sell This Fall

By | General

Here are five reasons 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 now! More… Continued

September 18, 2017

Top 5 Reasons Why Millennials Choose To Buy

By | General

Some Highlights: “The majority of millennials said they consider owning a home more sensible than renting for both financial and lifestyle reasons — including control of living space, flexibility in future decisions, privacy and security, and living in a nice home.” The top reason millennials choose to buy is to have control over their living… Continued

September 18, 2017

Homeownership Is A Precondition Of The American Dream

By | General

Hearth just released their 2017 State of the American Dream report which showed that Americans still see homeownership as an integral piece of the American Dream. The report confirmed that “all generations–including millennials–agree homeownership is very important to achieving the American Dream.” Americans ranked “owning a home I love” higher than any other options (including “starting a family” and “finding a… Continued

September 14, 2017

Five Key Questions For Home Sellers

By | General

Are you having trouble deciding whether or not to sell your real estate – home, recreational property, investment property? It’s not the length of time you’ve lived in or owned a property that determines when it’s time to sell. There’s no magic number of ownership years that triggers a move. The reasons for deciding to… Continued

September 13, 2017

Happily Ever Homeowner

By | General

Married couples once again dominated the first-time homebuyer statistics last year at 66% of all buyers, according to the most recent Profile of Home Buyers & Sellers. It is no surprise that having two incomes to save for down payments and contribute to monthly housing costs makes buying a home more attainable. Many couples are deciding… Continued

September 13, 2017