NOT Owning Your Home Can Cost You a Lot of Money!
Owning a home has great financial benefits, yet many continue to rent! Today, let’s look at the financial reasons why owning a home of your own has been a part of the American Dream for as long as America has existed.
Posted by Agent Connect on March 30, 2018 in For Buyers
99% of Experts Agree: Home Prices Will Increase
Some believe that the combined effects of the new tax code and rising mortgage rates will have an adverse impact on residential real estate prices in 2018. However, the clear majority of recently surveyed housing experts believe that ...
Posted by Agent Connect on March 28, 2018 in For Buyers
Be Thankful You Don’t Have to Pay Your Parents’ Interest Rate!
Interest rates hovered around 4% for the majority of 2017, which gave many buyers relief from rising home prices and helped with affordability. In the first quarter of 2018, rates have increased from 3.95% up to 4.45% and experts predict that ...
Posted by Agent Connect on March 27, 2018 in For Buyers
Buyer Demand Still Outpacing the Supply of Homes for Sale
The price of any item is determined by the supply of that item, as well as market demand. The National Association of REALTORS (NAR) surveys “over 50,000 real estate practitioners about their expectations for home ...
Posted by Agent Connect on March 26, 2018 in For Sellers
5 Reasons Why to Sell This Spring!
Here are five reasons listing your home for sale this spring 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 ...
Posted by Agent Connect on March 23, 2018 in For Sellers
20 Tips for Preparing Your House for Sale This Spring
When listing your house for sale your top goal will be to get the home sold for the best price possible!
There are many small projects that you can do to ensure this happens!
Your real estate agent will have a list of specific ...
Posted by Agent Connect on March 22, 2018 in For Sellers
Freddie Mac: Rising Mortgage Rates DO NOT Lead to Falling Home Prices
Recently, Freddie Mac published an Insight Report titled Nowhere to go but up? How increasing mortgage rates could affect housing. The report focused on the impact the projected rise in mortgage rates might have on the ...
Posted by Agent Connect on March 22, 2018 in For Buyers
Is a Major Home Renovation Worth It in the Long Run?
Last week, we shared “7 Factors To Consider When Choosing A Home To Retire In.” For some homeowners, these seven factors can be taken into account with a home renovation, but is it worth it to remodel or change floor ...
Posted by Agent Connect on March 20, 2018 in For Sellers
Are You Aware of How Much Equity You Have in Your Home? You May Be Surprised!
CoreLogic’s latest Equity Report revealed that 675,000 US homeowners regained positive equity in their homes in 2017. This is great news for the country, as 95.1% of all mortgaged properties are now in a positive equity ...
Posted by Agent Connect on March 19, 2018 in For Sellers
Dreaming of a Luxury Home? Now’s the Time!
If your house no longer fits your needs and you are planning on buying a luxury home, now is a great time to do so! Recently, the Institute for Luxury Home Marketing released its Luxury Market Report which showed that in ...
Posted by Agent Connect on March 16, 2018 in For Buyers
The Cost of Waiting: Interest Rates Edition
Interest rates are projected to increase steadily heading into 2019.
The higher your interest rate, the more money you end up paying for your home and the higher your monthly payment will be.
Rates are still low right now. ...
Posted by Agent Connect on March 15, 2018 in For Buyers
Moving up Is MORE Affordable Now Than Almost Any Other Time in 40 Years
If you are considering selling your current home, to either move up to a larger home or into a home in an area that better suits your current family needs, great news was just revealed.
Last week, Trulia posted a blog, Not Your ...
Posted by Agent Connect on March 14, 2018 in For Buyers
7 Factors to Consider When Choosing A Home to Retire In
As more and more baby boomers enter retirement age, the question of whether or not to sell their homes and move will become a hot topic. In today’s housing market climate, with low available inventory in the starter and trade-up home ...
Posted by Agent Connect on March 13, 2018 in For Buyers
You Can Save for a Down Payment Faster Than You Think!
Saving for a down payment is often the biggest hurdle for a first-time homebuyer. Depending on where you live, median income, median rents, and home prices all vary. So, we set out to find out how long it would take to save for a down payment in ...
Posted by Agent Connect on March 12, 2018 in Buying a Home
4 Reasons Spring is a Great Time to Buy a Home!
Here are four great reasons to consider buying a home today instead of waiting.
Prices Will Continue to Rise
CoreLogic’s latest Home Price Index reports that home prices have appreciated by 6.6% over the last 12 months. The ...
Posted by Agent Connect on March 9, 2018 in For Buyers
The Difference an Hour Will Make This Spring
Don’t forget to set your clocks forward this Sunday, March 11th at 2:00 AM EST in observance of Daylight Saving Time.
Unless of course, you are a resident of Arizona or Hawaii!
Every hour in the United States: 614 ...
Posted by Agent Connect on March 8, 2018 in For Sellers
A New Housing Bubble Forming…Not Before 2024!
A recent report by CoreLogic revealed that U.S. home values appreciated by more than 37% over the last five years. Some are concerned that this is evidence we may be on the verge of another housing “boom & bust” ...
Posted by Agent Connect on March 7, 2018 in For Buyers
Home Prices: The Difference 5 Years Makes
The economists at CoreLogic recently released a special report entitled, Evaluating the Housing Market Since the Great Recession. The goal of the report was to look at economic recovery since the Great Recession of December ...
Posted by Agent Connect on March 6, 2018 in For Buyers
Competition is Coming, Are You Thinking of Selling Your Home?
The number of building permits issued for single-family homes is the best indicator of how many newly built homes will rise over the next few months. According to the latest U.S. Census Bureau and U.S. Department of Housing & ...
Posted by Agent Connect on March 5, 2018 in For Sellers