Buying This Summer? Be Prepared for Bidding Wars
Summer is traditionally a busy season for real estate. Buyers come out in force and homeowners list their houses for sale hoping to capitalize on those buyers who are looking to purchase before the new school year. This year will be no ...
Posted by Agent Connect on June 29, 2018 in For Buyers
5 Reasons Millennials Choose to Buy a Home
“The majority of millennials said they consider owning a home more sensible than renting for both financial and lifestyle reasons — including control of living space, flexibility in future decisions, privacy and ...
Posted by Agent Connect on June 28, 2018 in For Buyers
Next Recession in 2020? What Will Be the Impact?
Economists and analysts know that the country has experienced economic growth for almost a decade. They also know that a recession can’t be too far off. A recent report by Zillow Research shed light on a survey conducted ...
Posted by Agent Connect on June 27, 2018 in For Buyers
What’s the Median Home Value in Your State?
If you’ve entered the real estate market as a buyer or a seller, you’ve inevitably heard the mantra “location, location, location” in reference to identical homes increasing or decreasing in value based on where ...
Posted by Agent Connect on June 26, 2018 in For Sellers
Are You Wondering If You Can Buy Your First Home?
There are many people sitting on the sidelines trying to decide if they should purchase a home or sign a rental lease. Some might wonder if it makes sense to purchase a house before they get married or start a family, some might think ...
Posted by Agent Connect on June 25, 2018 in For Buyers
You DO NOT Need 20% Down to Buy Your Home NOW!
The Aspiring Home Buyers Profile from the National Association of Realtors (NAR) found that the American public is still somewhat confused about what is required to qualify for a home mortgage loan in today’s housing ...
Posted by Agent Connect on June 22, 2018 in For Buyers
4 Reasons to Sell This Summer
Buyer demand continues to outpace the supply of homes for sale which means that buyers are often competing with one another for the few listings that are available!
Housing inventory is still under the 6-month supply needed to ...
Posted by Agent Connect on June 21, 2018 in For Sellers
Homes are More Affordable in 44 out of 50 States
With both home prices and mortgage rates increasing this year, many are concerned about a family’s ability to purchase a major part of the American Dream – its own home. However, if we compare housing affordability today to the average ...
Posted by Agent Connect on June 20, 2018 in For Buyers
3 Issues Facing Today’s Real Estate Market
Last week, the National Association of Real Estate Editors (NAREE) held their 52nd Annual Journalism Conference in Las Vegas, NV. Among the many highly anticipated sessions was one called “Top Ten Issues Affecting Real ...
Posted by Agent Connect on June 19, 2018 in For Buyers
The top 5 Reasons You Shouldn’t FSBO
In today’s market, with home prices rising and a lack of inventory, some homeowners may consider trying to sell their home on their own, known in the industry as a For Sale by Owner (FSBO). There are several reasons why this might ...
Posted by Agent Connect on June 18, 2018 in For Buyers
How A Lack of Inventory Impacts the Housing Market
The housing crisis is finally in the rear-view mirror as the real estate market moves down the road to a complete recovery. Home values are up, home sales are up, and distressed sales (foreclosures and short sales) have fallen to their lowest ...
Posted by Agent Connect on June 15, 2018 in For Sellers
Top 4 Home Renovations for Max ROI
Whether you are selling your home, just purchased your first home or are a homeowner planning to stay put for a while, there is value in knowing which home improvement projectswill net you the most Return On Investment (ROI)....
Posted by Agent Connect on June 14, 2018 in For Sellers
Are Lending Standards Too Loose…or Too Tight?
With home values appreciating at record rates, some are concerned that we may be heading for another housing bubble like the one we experienced a decade ago. One of the major culprits of that housing boom and bust was the loosening of standards ...
Posted by Agent Connect on June 13, 2018 in For Buyers
Parents Say Kids’ Opinions Matter Big When Buying a Home
A recent survey conducted by Harris Poll and released by SunTrust Mortgage found that “55% of homeowners with a child under the age of 18 at the time when they purchased their home said that the opinion of ...
Posted by Agent Connect on June 12, 2018 in For Buyers
When Is a Good Time to Rent? Not Now!
People often ask if now is a good time to buy a home, but nobody ever asks whether or not it’s a good time to rent. Regardless, we want to make certain that everyone understands that now is NOT a good time to rent.
The Census ...
Posted by Agent Connect on June 11, 2018 in For Buyers
The Cost of Renting vs. Buying
Historically, the choice between renting or buying a home has been a tough decision.
Looking at the percentage of income needed to rent a median-priced home today (28.8%) vs. the percentage needed to buy a median-priced ...
Posted by Agent Connect on June 7, 2018 in For Buyers
Did Tax Reform Kill the Luxury Market? NOT SO FAR!
The new tax code limits the deduction of state and local property taxes, as well as income or sales taxes, to a total of $10,000. When the tax reform legislation was put into law at the beginning of the year, some experts felt that it could have a ...
Posted by Agent Connect on June 6, 2018 in For Buyers
Homeowners & Appraisers See the Most Eye-to-Eye on Price in 3 Years
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% (or more) over the next twelve months. One ...
Posted by Agent Connect on June 5, 2018 in For Sellers
4 Steps to Follow When Presenting an Offer in Today’s Market!
So, you’ve been searching for that perfect house to call a ‘home,’ and you’ve finally found it! The price is right, and in such a competitive market, you want to make sure that you make a great offer so that you can ...
Posted by Agent Connect on June 4, 2018 in For Buyers
4 Reasons Why Summer Is a Great Time to Buy a Home!
Here are four great reasons to consider buying a home today instead of waiting.
1. Prices Will Continue to Rise
CoreLogic’s latest Home Price Insights reports that home prices have appreciated by 7% over the last 12 months. ...
Posted by Agent Connect on June 1, 2018 in For Buyers