Is it Difficult to Find Your Dream Home Whether you’re a first-time buyer or a seller thinking of moving up or down, 2020 could be your year with more new construction homes coming to market. Based on the significant changes that we have seen in the past 15 years, it indicates that we have a steady market today. Please call me with more information about the local market. The headlines in...
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...