Home Buyers

June 21, 2019

Top Tips for House Hunting Online

Hunting for a new home online is a great place to start your search but keep in mind that you don’t see everything. Real estate agents are great at highlighting the features of a house listing online but to make the most of your time, keep these three things in ...

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Posted in Home Buyers
June 9, 2019

Take a Look at Foreclosures

Unfortunately, since the mortgage meltdown, foreclosed properties have become more common. Many home buyers see this as an opportunity to find a great home for a bargain price. While foreclosures can offer some nice discounts, understanding how foreclosures work and how this affects the buyer is critical to ensure you ...

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Posted in Home Buyers
May 24, 2019

Boomerang Buyers Feel Comfortable Buying Again

According to CoreLogic, from 2006 to 2014 “there were 7.3 million housing foreclosures and 1.9 million short sales.” The hesitation some Americans feel after experiencing a foreclosure brings to mind the old saying: Fool me once-shame on you.  Fool me twice-shame on me.”

According to ...

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May 17, 2019

Lack of Housing Inventory Still Impacts Our Market

The housing crisis in our market is finally in the rear view mirror as our real estate market moves toward complete recovery.  Home values are up and distressed sales (foreclosures and short sales) have fallen to their lowest point in years.  The market will continue to strengthen in ...

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May 10, 2019

Rethinking an Economic Slowdown

In recent months, there are many who have believed that a recession could happen within the next two years. Some 70% of economists and market analysts surveyed last year believed that a recession will occur in 2019 or 2020.  

However, the U.S. economy has performed well in the ...

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April 26, 2019

Cost of Owning Decreases While Rents Increase

 

Over the last couple of months, I have noticed that purchasing a home in our area requires less of a buyer’s monthly paycheck.  

The National Association of Realtors has found a similar trend as their February 2019 Housing Affordability Index showed that the “percentage of income needed” to ...

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April 19, 2019

As the Spring Market Begins, Buyer Demand Surges

Over the years, I have heard so many predictions about the real estate market that have never come true.  Case in point are the predictions that the 2019 real estate market would be a disaster.  Some experts even went so far as to believe that we might experience ...

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April 12, 2019

Home Value Appreciation Begins To Stabilize

For over a year now, the percentage of home appreciation on a year-over-year basis has decreased each month.  The question out there has been how far would annual appreciation fall in our area. Based on what I am seeing now, it seems that we are finally getting the answer ...

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April 5, 2019

Now's the Time for You To Upgrade Your Current House

Have you been looking to upgrade your current home?  It looks like now is the perfect time to move up especially if you have been considering a premium or luxury home in our area.  A premium home is one that is priced at the top 25% of the ...

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March 29, 2019

Putting Your Housing Costs to Work For You

Over the years, I have written a lot about the benefits of home ownership. One benefit that always rises to the top is the added wealth homeowners gain simply by paying their mortgage while their home increases in value.

The National Association of Realtors (NAR) recently broke down the equity ...

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