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This Week's Featured Listings...
58% of Homeowners See a Drop in Home Value Coming Soon
58% of Homeowners See a Drop in Home Values Coming According to the recently released Modern Homebuyer Survey from ValueInsured, 58 percent of homeowners think there will be a “housing bubble and price correction” within the next 2 years. After what transpired just ten years ago, we can understand the concern Americans have about the current increase in home prices. However, this.
3 Tips to Succeed in Today’s Real Estate Market
3 Tips to Succeed in Today’s Real Estate Market Wednesday July 19th, 2017 First Time Home Buyers, For Buyers, For Sellers, Move-Up Buyers In today’s highly competitive real estate market, where inventory levels are not keeping up with the constant stream of buyer demand, there are steps you can take to ensure you are most prepared for success when.
Thinking of Selling? Act NOW!
Thinking of Selling? You Should Act NOW! If you thought about selling your house this year, now more than ever may be the time to do it! The inventory of homes for sale is well below historic norms and buyer demand is skyrocketing. We were still in high school when we learned the concept of supply and demand: the.
Homeowners: Your Home Must Be Sold TWICE
Homeowners: Your Home Must Be Sold TWICE In today’s housing market, where supply is very low and demand is very high, home values are increasing rapidly. Many experts are projecting that home values could appreciate by another 5%+ over the next twelve months. One major challenge in such a market is the bank appraisal. If.
Impact of Low Interest Rates on Your Purchasing Power
The High Impact of Low Interest Rates on Your Purchasing Power According to Freddie Mac’s latest Primary Mortgage Market Survey, interest rates for a 30-year fixed rate mortgage are currently at 3.96%, which is still near record lows in comparison to recent history! The interest rate you secure when buying a home not only greatly impacts your monthly housing costs,.
5 Reasons Why You Should Not Sell by Owner!
5 Reasons Why You Should Not For Sale By Owner! In today’s market, with home prices rising and a lack of inventory, some homeowners may consider trying to sell their homes on their own, known in the industry as a For Sale by Owner (FSBO). There are several reasons why this might not be a good idea for.
Houses: The Average Days on the Market
Some Highlights: The National Association of REALTORS® surveyed their members for their monthly Confidence Index. The REALTORS® Confidence Index is a key indicator of housing market strength based on a monthly survey sent to over 50,000 real estate practitioners. Practitioners are asked about their expectations for home sales, prices and market conditions. Homes sold in less than a month in.
Your Opportunity to Owning a Home Gets Better
Your Opportunity to Achieve the American Dream Keeps Getting Better! Tuesday July 4th, 2017 First Time Home Buyers, For Buyers, Move-Up Buyers Forbes.com recently released the latest results of their American Dream Index, in which they measure “the prosperity of the middle class, and…examine which states best support the American Dream.” The monthly index measures several different economic factors, including goods-producing employment, personal &.
Buyer Traffic is Very Strong in Michigan
NAR Data Shows Now Is a Great Time to Sell! Monday July 3rd, 2017 For Sellers, Housing Market Updates 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.
[Info-graph] Home Sales Rise This Season
Existing Home Sales Surge into Summer [INFOGRAPHIC] Friday June 30th, 2017 For Buyers, For Sellers, Housing Market Updates,Infographics Some Highlights: Existing Home Sales reached their third highest mark this year in May. Inventory of homes for sale has dropped 8.4% since last year, marking the 24th consecutive month of year-over-year declines. NAR’s Chief Economist, Lawrence Yun had this to say: “Those able.
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