Every three years, the Federal Reserve conducts their Survey of Consumer Finances. Data is collected across all economic and social groups. The latest survey data covers 2013-2016. The study revealed that the median net worth of a homeowner is $231,400 – a 15% increase since 2013. At the same time, ... Continue Reading » about How Can I Increase My Family’s Net Worth?
4 Questions to Ask Before Selling a House
Are you planning on selling your house in 2019? You will no doubt have more than 4 questions on your mind, but knowing the answers to these will get you started with confidence! Let's get together to answer these and any other questions you may have! ... Continue Reading » about 4 Questions to Ask Before Selling a House
3 Tips for Making Your Dream of Buying A Home Come True [INFOGRAPHIC]
Some Highlights: Setting up an automatic savings plan that saves a small amount of every check is one of the best ways to save without thinking too much about it. Living within a budget right now will help you save money for down payments while also paying down other debts that might be holding you ... Continue Reading » about 3 Tips for Making Your Dream of Buying A Home Come True [INFOGRAPHIC]
3 Reasons Why We Are Not Heading Toward Another Housing Crash
With home prices softening, some are concerned that we may be headed toward the next housing crash. However, it is important to remember that today’s market is quite different than the bubble market of twelve years ago. Here are three key metrics that will explain why: Home Prices Mortgage ... Continue Reading » about 3 Reasons Why We Are Not Heading Toward Another Housing Crash
Why A Normal Market is Just What We Need
The housing market has been hot for a while now. Homes have been flying off the shelves as fast as they have been listed. Buyers have been competing in bidding wars just to find a home to buy, let alone find their dream home. This ‘seller’s market’ has driven home prices to new heights. Home price ... Continue Reading » about Why A Normal Market is Just What We Need
2019 Will Be a Great Year for Buyers AND Sellers
Many homeowners believe that rising interest rates and home prices have scared away buyers and therefore have not listed their houses for sale. However, the truth is that buyers who were unable to find a home last year are out in force, and there are even more coming! NerdWallet’s 2018 Home Buyer ... Continue Reading » about 2019 Will Be a Great Year for Buyers AND Sellers