Real Estate

NAR Data Shows Now Is a Great Time to Sell!

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  We all realize that the best time to sell anything is when demand is high and the supply of that item is limited. Two major reports issued by the National Association of Realtors (NAR) revealed information that suggests that now continues to be a great time to sell your house. Let’s look at the data covered in […]

Buyers

Majority of Buyers Wrong About Down Payment Needs

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69% of Buyers are Wrong About Down Payment Needs According to a recent survey conducted by Genworth Financial Inc. at the Annual Mortgage Bankers’ Association Secondary Market Conference, mortgage professionals say that first-time buyers still believe a 20% down payment is necessary to buy in today’s market. Nearly 40% of mortgage industry professionals surveyed believe […]

Buyers

Mortgage Interest Rates Reverse Course in 2017

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  Mortgage Interest Rates Reverse Course in 2017 To start the year, housing experts all agreed on one thing: 2017 was going to be the year we would see mortgage interest rates begin to rise. After years of historically low rates, and an improving economy, the question wasn’t if they would increase but instead how […]

Real Estate

Your Home Hasn’t Sold – Check the Price

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If Your Home Hasn’t Sold Yet… Definitely Check the Price! The residential housing market has been hot. Home sales have bounced back solidly and are now at their fourth highest pace over the past year. Demand has remained strong ­throughout spring as many real estate professionals are reporting bidding wars with many homes selling above listing price. […]

Real Estate

5 Reasons to Sell this Summer

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  5 Reasons You Should Sell This Summer Here are five reasons listing your home for sale this summer makes sense. 1. Demand Is Strong The latest Buyer Traffic Report from the National Association of Realtors (NAR) shows that buyer demand remains very strong throughout the vast majority of the country. These buyers are ready, […]

Real Estate

#1 Reason to List Your House for Sale, NOW!

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#1 Reason to List Your House for Sale, NOW! If you are debating listing your house for sale this year, here is the #1 reason not to wait! Buyer Demand Continues to Outpace the Supply of Homes for Sale  The National Association of REALTORS’ (NAR) Chief Economist Lawrence Yun recently commented on the inventory: “Last month’s […]

Buyers

More Americans Chose Homeownership

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More Americans Chose Homeownership Over Renting a Home According to the latest report from the US Census Bureau, more Americans chose homeownership over signing a lease to rent in the first quarter of 2017. This marks the first time since 2006 that the number of new homeowner households outpaced the number of new renter households. […]

Buyers

Is Now a Good Time to Rent?

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  People often ask if now is a good time to buy a home, but nobody ever asks when a good time to rent is. Regardless, we want to make certain that everyone understands that today is NOT a good time to rent.   The Census Bureau recently released their 2017 first quarter median rent numbers. Here is […]

Buyers

3 Reasons the Housing Market is NOT in a Bubble

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  3 Reasons the Housing Market is NOT in a Bubble   With housing prices appreciating at levels that far exceed historical norms, some are fearful that the market is heading for another bubble. To alleviate that fear, we just need to look back at the reasons that caused the bubble ten years ago. Last […]

Real Estate

Gallup: Real Estate is Best Long-Term Investment 4 Years Running

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  Every year, Gallup surveys Americans to determine their choice for the best long-term investment. Respondents are given a choice between real estate, stocks/mutual funds, gold, savings accounts/CDs, or bonds. For the fourth year in a row, Real Estate has come out on top as the best long-term investment! This year’s results showed that 34% […]