Experts Predict a Strong Housing Market for the Rest of 2019 Vector logo of the real estate We’re in the back half of the year, and with a decline in interest rates as well as home price and wage appreciation, many are wondering what the predictions are for the remainder of 2019. Here’s what some of the experts have to say: Ralph McLaughlin, Deputy Chief...
The buyer's demand continues to beat the supply of homes for sale. This means that buyers are often competing with one another for the few listings. Also, the housing inventory is still under the 6-month supply needed to sustain a normal housing market. Now may be the perfect time for you and your family to move....
The National Association of Realtors (NAR) released the results of their latest Existing Home Sales Report which revealed that home sales declined 0.6% to a seasonally adjusted annual rate of 5.38 million in June from 5.41 million in May, and are 2.2% below a year ago. Some may look at these numbers and think that now is a bad time to sell their house, but in fact, the opposite is true. The national...
Are you Aware of How Much Equity You Have In Your Home? You May Be Surprised The latest Equity Report from CoreLogic's revealed that 675,000 US homeowners regained positive equity in their homes in 2017. This is great news for the country, as 95.1% of all mortgaged properties are now in a positive equity situation. “U.S homeowners with mortgages (roughly 63% of all the properties) have seen...
NAR Home Survey Homeowners want to buy close to their love ones As we head into the many possibilities of a New Year, one thing remains the same: the importance of friends and family to the experience of being a homeowner. Homeowners often want to locate close to their loved ones. According to the National Association of Realtor®’ (NAR’s) latest HOME (Housing Opportunities and Market Experience)...
Financial Literacy With schools focused on core subjects, there isn't a lot of room for teaching financial literacy. If you want your child to be smart about money, it's up to you. The need for children to receive a basic education in money matters is all too apparent now that the nation is facing what some experts are calling the most serious economic meltdown since the Great Depression. Not only...
Existing-Home Sales Slide in December 2016 Sales Best Since 2006 Existing-home sales had a banner 2016, amounting to 5.45 million—an increase from 5.25 million in 2015 and a decade-high from 6.48 million in 2006, according to the National Association of REALTORS® (NAR). Overall, 2016 was a “good year for the housing market,” says NAR Chief Economist Lawrence Yun. “Solid job creation...
9 Reasons You Need An Agent Are you thinking of buying or selling a home this year, or know someone who is? Whether it’s your first time dipping your toe in the real estate world or your fifth, it’s important to have an agent you trust by your side to help you through the process and serve you after the sale. The information I’m sending this month outlines nine reasons to enlist the aid of an...