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Millennials are on track to become the most educated generation in history. This means they are also the generation with the most student debt. Depending on the type of degree earned, as well as the prestige of the institution attended, there are some millennials who graduate college with what equates to a mortgage payment. For […]
Builder Offering to Pay Off Student Loans for Buyers Read More »
In a CNBC article, self-made millionaire David Bach explained that “the single biggest mistake millennials are making” is not purchasing a home because buying real estate is “an escalator to wealth.” Bach went on to explain: “If millennials don’t buy a home, their chances of actually having any wealth in this country are little to none. The average homeowner to […]
Millionaire to Millennials: Buy a Home Now! Read More »
The Aspiring Home Buyers Profile from the National Association of Realtors (NAR) found that the American public is still somewhat confused about what is required to qualify for a home mortgage loan in today’s housing market. The results of the survey show that non-homeowners cite the main reason for not currently owning a home, as not […]
No… You Do Not Need 20% Down to Buy NOW! Read More »
![The Mortgage Process: What You Need to Know [INFOGRAPHIC] | Simplifying The Market](https://d39ah2zlibpm3g.cloudfront.net/wp-content/uploads/2017/10/05103803/20170428-Share-STM.jpg)
The Mortgage Process: What You Need to Know [INFOGRAPHIC] Read More »
Six months ago, we reported that the mismatch between the type of inventory of homes for sale and the demand of buyers in the US was causing the formation of two markets. In the starter and trade-up home categories, there were significantly more buyers than there were homes for sale, causing a seller’s market. In […]
A Tale of Two Markets: A 6-Month Update Read More »
You’ve decided to sell your house. You begin to interview potential real estate agents to help you through the process. You need someone you trust enough to: Set the market value on possibly the largest asset your family owns (your home) Set the time schedule for the successful liquidation of that asset Set the fee […]
You Don’t Want to Hear This from Your Listing Agent Read More »
Home values have risen dramatically over the last twelve months. The latest Existing Home Sales Report from the National Association of Realtors puts the annual increase in the median existing-home price at 5.6%. CoreLogic, in their most recent Home Price Index Report, revealed that national home prices have increased by 6.7% year-over-year. CoreLogic broke appreciation down ever further into four price […]
Which Homes Have Increased in Value the Most? Read More »
Some Highlights:
The Cost of Waiting to Buy is defined as the additional funds it would take to buy a home if prices & interest rates were to increase over a period of time.
Freddie Mac predicts interest rates to rise to 4.4% by next year.
CoreL…
Should I Buy a Home Now? Or Wait Until Next Year? [INFOGRAPHIC] Read More »
How do you select the members of your team who are going to help you make your dream of owning a home a reality? What should you be looking for? How do you know if you’ve found the right agent or lender? The most important characteristic that you should be looking for in your agent […]
What to Look for in Your Real Estate Team Read More »
According to a survey conducted by ClosingCorp, over half of all homebuyers are surprised by the closing costs required to obtain their mortgage. After surveying 1,000 first-time and repeat homebuyers, the results revealed that 17% of homebuyers were surprised that closing costs were required at all, while another 35% were stunned by how much higher the fees […]
More Than Half of All Buyers Are Surprised by Closing Costs Read More »
Some Highlights:
The National Association of Realtors (NAR) recently released their latest Existing Home Sales Report.
First-time homebuyers made up 31% of all sales in August.
Homes are selling quickly with 51% of homes on the market for less than …
Lack of Existing Home Inventory Slows Sales Heading into Fall [INFOGRAPHIC] Read More »
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 […]
Why Are So Few Homes for Sale? Read More »
