How A Lack Of Inventory Impacts The Housing Market

    The housing crisis is finally in the rear-view mirror as the real estate market moves down the road to a complete recovery. Home values are up, home sales are up, and distressed sales (foreclosures and short sales) have fallen to their lowest points in years. The market will continue to strengthen in 2018.… Read More How A Lack Of Inventory Impacts The Housing Market

Why Home Prices Are Increasing

       Why Home Prices Are Increasing   There are many unsubstantiated theories as to why home values are continuing to increase. From those who are worried that lending standards are again becoming too lenient (data shows this is untrue), to those who are concerned that prices are again approaching boom peaks because of “irrational exuberance” (this is also untrue… Read More Why Home Prices Are Increasing

Top 5 Reasons To Hire A Real Estate Professional When Buying Or Selling!

Whether you are buying or selling a home it can be quite the adventure, which is why you need an experienced real estate professional to guide you on the path to achieving your ultimate goal. But in this world of instant gratification and internet searches, many sellers think that they can ‘For Sale by Owner’ or ‘FSBO.’ The 5 reasons… Read More Top 5 Reasons To Hire A Real Estate Professional When Buying Or Selling!

Freddie Mac: Rising Mortgage Rates DO NOT Lead To Falling Home Prices

Recently, Freddie Mac published an Insight Report titled Nowhere to go but up? How increasing mortgage rates could affect housing. The report focused on the impact the projected rise in mortgage rates might have on the housing market this year. Many believe that an increase in mortgage rates will cause a slowdown in purchases which would, in turn, lead to… Read More Freddie Mac: Rising Mortgage Rates DO NOT Lead To Falling Home Prices

Homeownership: “The Reports Of My Death Have Been Greatly Exaggerated”

The famous quote by Mark Twain in the title of this article can be used to describe homeownership in America today. Last week, the Census revealed that the percentage of homeowners in the country increased for the first time in thirteen years. A story in the Wall Street Journal gave these new homeownership numbers some context: “The annual increase marks a crucial… Read More Homeownership: “The Reports Of My Death Have Been Greatly Exaggerated”

How Rising Prices Will Help You Build Family Wealth In 2018

How Rising Prices Will Help You Build Family Wealth In 2018   Over the next five years, home prices are expected to appreciate on average by 3.35% per year and to grow by 24.34% cumulatively, according to Pulsenomics’ most recent Home Price Expectation Survey. So, what does this mean for homeowners and their equity position? As an example, let’s… Read More How Rising Prices Will Help You Build Family Wealth In 2018

Buying A Home Can Be Scary Dont Let A Mortgage Scare You Away…

A considerable number of potential buyers shy away from jumping into the real estate market due to their uncertainty about the buying process. A specific cause for concern tends to be mortgage qualification. For many, the mortgage process can be scary, but it doesn’t have to be! In order to qualify in today’s market, you’ll… Read More Buying A Home Can Be Scary Dont Let A Mortgage Scare You Away…

Where Are Home Prices Heading In The Next 5 Years?

  Today, many real estate conversations center on housing prices and where they may be headed. That is why we like the Home Price Expectation Survey. Every quarter, Pulsenomics surveys a nationwide panel of over one hundred economists, real estate experts, and investment & market strategists about where they believe prices are headed over the next five years.… Read More Where Are Home Prices Heading In The Next 5 Years?