Post Archive by Year: 2019

American Confidence in Housing at an All-Time High

09 Aug

Fannie Maejust released the July edition of theirHome Purchase Sentiment Index(HPSI). The HPSI takes information regarding consumers’ confidence in the real estate market fromFannie Mae’sNational Housing Surveyand condenses it into a single number. Therefore, the HPSI reflects consumers’ current views and forward-looking expectations of housing market conditions. Great News!The index reached its highest level sinceFannie Maebegan their survey. Breaking it…

Four Tips to Sell Your Home Faster

19 Jul

Since last year, we have seen an increase in the inventory of homes for sale month per month. Every spring and summer, the inventory increases because people want to sell their home. For those with children, they may want to be in their new home for the beginning of the school year. If you are one of those sellers, you…

5 Powerful Reasons to Own Instead of Rent

06 Jul

Owning a home has great financial benefits. In a recent research paper,Homeownership and the American Dream, Laurie S. Goodman and Christopher Mayer of the Urban Land Institute explained: “Homeownership appears to help borrowers accumulate housing and no housing wealth in a variety of ways, with tax advantages, greater financial flexibility due to secured borrowing, built-in ‘default’ savings with mortgage amortization…

Stop Wondering What Your Budget Is & Get Pre-Approved!

28 Jun

In many markets across the country, the number of buyers searching for their dream homesoutnumbersthe number of homes for sale. This has led to a competitive marketplace where buyers often need to stand out. One way to show that you are serious about buying your dream home is to get pre-qualified or pre-approved for a mortgage before starting your search….

4 Reasons to Sell Your House This Summer

15 Jun

Here are 4 compelling reasons listing your home for sale this summer makes sense. 1. Demand Is Strong The latestBuyer Traffic Indexfrom theNational Association of Realtors(NAR) shows that buyer demand remains strong throughout most of the country. These buyers are ready, willing, and able to purchase… and are in the market right now! Often, multiple buyers are competing for the…

What to Expect from Your Home Inspection?

31 May

So, you made anoffer, it was accepted, and now your next task is to have the home inspected prior to closing. Often, your agent may have made your offer contingent on a clean home inspection. This contingency allows you to renegotiate the price paid for the home, ask the sellers to cover repairs, or even, in some cases, walk away….

With Inventory Low: Will Your Dream Home Need Some TLC?

26 Apr

According to a new survey from Move.com, the wave of first-time home buyers hitting the market this summer has resulted in an interesting statistic. Nearly 60% of buyers searching for a home this spring are willing to consider buying a fixer-upper, with 95% believing that the projects needed will increase their new home’s value! Realtor.com’s Chief Economist, Danielle Hale, pointed to low-inventory at the…

Five Reasons To Sell This Spring!

12 Apr

Here are five compelling reasons listing your home for sale this spring makes total sense. 1. Demand Is Strong The latestBuyer Traffic Indexfrom theNational Association of Realtors(NAR) shows that buyer demand remains strong throughout the vast majority of the country. These buyers are ready, willing, and able to purchase… and are in the market right now! More often than not,…

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