For Buyers

84% of Americans Believe Buying a Home is a Good Financial Decision

First Time Home Buyers, For Buyers, Move-Up Buyers / By

84% of Americans Believe Buying a Home is a Good Financial Decision | Simplifying The MarketAccording to the National Association of Realtors®’ 2017 National Housing Pulse Survey, 84% of Americans now believe that purchasing a home is a good financial decision. This is the highest percentage since 2007 – before the housing crisis. Those surveyed pointed out five major reasons why they believe homeownership is a good financial decision: Homeownership […]

84% of Americans Believe Buying a Home is a Good Financial Decision Read More »

3 Tips to Succeed in Today’s Real Estate Market

First Time Home Buyers, For Buyers, For Sellers, Move-Up Buyers / By

3 Tips to Succeed in Today’s Real Estate Market | Simplifying The MarketIn today’s highly competitive real estate market, where inventory levels are not keeping up with the constant stream of buyer demand, there are steps you can take to ensure you are most prepared for success when buying a home. The 3 tips we are going to expand on today come from a recent blog by […]

3 Tips to Succeed in Today’s Real Estate Market Read More »

3 Questions to Ask Before You Buy Your Dream Home

First Time Home Buyers, For Buyers, Interest Rates, Move-Up Buyers, Pricing / By

3 Questions to Ask Before You Buy Your Dream Home | Simplifying The MarketIf you are debating purchasing a home right now, you are probably getting a lot of advice. Though your friends and family will 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 3 questions to […]

3 Questions to Ask Before You Buy Your Dream Home Read More »

The 5 Greatest Benefits of Homeownership

First Time Home Buyers, For Buyers, Move-Up Buyers / By

The 5 Greatest Benefits of Homeownership | Simplifying The MarketRecently, Freddie Mac reported on the benefits of homeownership. According to their report, here are the five benefits that “should be at the top of everyone’s list.” Homeownership can help you build equity over time. Your monthly payments will remain stable. You may have some tax benefits. You can take pride in ownership. Homeownership improves […]

The 5 Greatest Benefits of Homeownership Read More »

The High Impact of Low Interest Rates on Your Purchasing Power

First Time Home Buyers, For Buyers, Interest Rates, Move-Up Buyers / By

The High Impact of Low Interest Rates on Your Purchasing Power | Simplifying The MarketAccording to Freddie Mac’s latest Primary Mortgage Market Survey, interest rates for a 30-year fixed rate mortgage are currently at 3.96%, which is still near record lows in comparison to recent history! The interest rate you secure when buying a home not only greatly impacts your monthly housing costs, but also impacts your purchasing power. Purchasing power, simply put, […]

The High Impact of Low Interest Rates on Your Purchasing Power Read More »

Median Days on the Market Drops to 27! [INFOGRAPHIC]

For Buyers, For Sellers, Infographics / By

Some Highlights:

  • The National Association of REALTORS® surveyed their members for their monthly Confidence Index.
  • The REALTORS® Confidence Index is a key indicator of housing market strength based on a monthly survey sent to over 50,000 real estate practitioners. Practitioners are asked about their expectations for home sales, prices and market conditions.
  • Homes sold in less than a month in 24 out of 50 states, and Washington D.C.
  • Homes typically went under contract in 27 days in May!

Median Days on the Market Drops to 27! [INFOGRAPHIC] Read More »

Be Thankful You Don’t Have to Pay Mom and Dad’s Interest Rate

First Time Home Buyers, For Buyers, Interest Rates, Move-Up Buyers / By

Be Thankful You Don’t Have to Pay Mom and Dad’s Interest Rate | Simplifying The MarketInterest rates have hovered around 4% for the majority of 2017, which has given many buyers relief from rising home prices and has helped with affordability. Experts predict that rates will increase by the end of 2017 and will be about three-quarters of a percentage point higher, at 4.5%, by the end of 2018. Last […]

Be Thankful You Don’t Have to Pay Mom and Dad’s Interest Rate Read More »

Your Opportunity to Achieve the American Dream Keeps Getting Better!

First Time Home Buyers, For Buyers, Move-Up Buyers / By

Forbes.com recently released the latest results of their American Dream Index, in which they measure “the prosperity of the middle class, and…examine which states best support the American Dream.” The monthly index measures several different economic factors, including goods-producing employment, personal and commercial bankruptcies, building permits, startup activity, unemployment insurance claims, labor force participation, and layoffs. The national […]

Your Opportunity to Achieve the American Dream Keeps Getting Better! Read More »

Existing Home Sales Surge into Summer [INFOGRAPHIC]

For Buyers, For Sellers, Housing Market Updates, Infographics / By

Existing Home Sales Surge into Summer [INFOGRAPHIC] | Simplifying The Market

Some Highlights:

  • Existing Home Sales reached their third highest mark this year in May.
  • Inventory of homes for sale has dropped 8.4% since last year, marking the 24th consecutive month of year-over-year declines.
  • NAR’s Chief Economist, Lawrence Yun had this to say: “Those able to close on a home last month are probably feeling both happy and relieved. Listings in the affordable price range are scarce, homes are coming off the market at an extremely fast pace and the prevalence of multiple offers in some markets are pushing prices higher.”

Existing Home Sales Surge into Summer [INFOGRAPHIC] Read More »