Over the past year, mortgage rates have fallen more than a full percentage point. This is a great driver for homeownership, as today’s low rates provide consumers with some significant benefits. Here’s a look at three of them: Refinance: If you already own a home, you may want to decide ... Continue Reading » about A 365 Day Difference in Homeownership
Blog
Millennials Are on the Move as First-Time Homebuyers [INFOGRAPHIC]
Some Highlights: According to NAR’s latest Profile of Home Buyers & Sellers, the median age of all first-time homebuyers is 32. With more millennials entering a homebuying phase of life, they are driving a large portion of the buyer appetite in the market, keeping buyer activity ... Continue Reading » about Millennials Are on the Move as First-Time Homebuyers [INFOGRAPHIC]
Existing Home Sales Point Toward a Good Time to Sell [INFOGRAPHIC]
Some Highlights: Existing Home Sales dropped 1.7% from May to a seasonally adjusted annual rate of 5.27 million in June. Low inventory levels are still a factor in the market. The current supply of homes for sale is at 4.4 months, which is less than the optimal 6-month supply. Median home prices ... Continue Reading » about Existing Home Sales Point Toward a Good Time to Sell [INFOGRAPHIC]
How to Judge the Impact of the Next Economic Slowdown on Housing
We’ve experienced economic growth for almost a decade, which is the longest recovery in the nation’s history. Experts know a recession can’t be too far off, but when will this economic slowdown actually occur? Pulsenomics just released a special report revealing that nearly 6 out of 10 of the 90 ... Continue Reading » about How to Judge the Impact of the Next Economic Slowdown on Housing
Why Now Is the Perfect Time to Sell Your House
As a homeowner, it’s always tempting to dream about the next big project you’re going to tackle. The possibilities are endless. Should I renovate? Should I refinance? Should I stay? Should I move? The list goes on and on. In today’s housing market, it’s actually a great time to shift your thoughts ... Continue Reading » about Why Now Is the Perfect Time to Sell Your House
How to Increase Your Equity Over the Next 5 Years
Many of the questions currently surrounding the real estate industry focus on home prices and where they are heading. The most recent Home Price Expectation Survey (HPES) helps target these projected answers. Here are the results from the Q2 2019 Survey: Home values will appreciate by 4.1% in ... Continue Reading » about How to Increase Your Equity Over the Next 5 Years