Category: Housing Market Updates

    • Home Price Appreciation Forecast

      Questions continue to come up about where home prices will head throughout the rest of this year, as well as where they may be going over the few years beyond. We’ve gathered current data from the industry’s most reliable sources to help answer these questions: The Home Price Expectation Survey – A survey of over 100 […]
      Written by Keeley Ryan
    • Is Your First Home Now Within Your Grasp? [INFOGRAPHIC]

      Some Highlights:

      • According to the US Census Bureau, “millennials” are defined as 18-36-year-olds.
      • According to NAR’s latest Profile of Home Buyers and Sellers, the median age of all first-time home buyers is 32.
      • More and more “old millennials” (25-36) are realizing that homeownership is within their grasp now!
      Written by Keeley Ryan
    • Americans’ Powerful Belief in Homeownership as an Investment

      The Federal Reserve Bank (The Fed) recently released their 2019  Survey of Consumer Expectations Housing Survey. The survey reported that 65% of Americans believe homeownership is a good financial investment. Since 2014, the percentage has increased by over nine percent.The Fed’s survey also showed that when the results are broken down by age, education, income, […]
      Written by Keeley Ryan
    • Now’s the Time to Move-Up and Upgrade Your Current Home!

      Homes priced at the top 25% of the price range for a particular area of the country are considered “premium homes.” In today’s real estate market, there are deals to be had at the higher end! This is great news for homeowners wanting to upgrade from their current house. Much of the demand for housing […]
      Written by Keeley Ryan
    • Is Mortgage Debt out of Control?

      The housing crisis of the last decade was partially caused by unhealthy levels of mortgage debt. Homeowners were using their homes as ATMs by refinancing and swapping their equity for cash. When prices started to fall, many homeowners found themselves in a negative equity situation (where their mortgage was higher than the value of their […]
      Written by Keeley Ryan
    • Millennials Are Increasing the Demand for Condominiums

      When deciding to buy a home, people are presented with many different options. The type of home you buy depends on your needs, budget, and in many cases, the desired maintenance level. For many millennials, their choice has been buying a condominium! According to CoreLogic, “Last year about 43% of all condo home-purchase mortgage applications […]
      Written by Keeley Ryan
    • Top 5 Reasons You Should NOT FSBO

      Rising home prices coupled with a lack of inventory in today’s market may cause some homeowners to consider selling their home on their own (known in the industry as a For Sale By Owner). However, a FSBO might not be a good idea for the vast majority of sellers. The top 5 reasons are listed […]
      Written by Keeley Ryan
    • Americans Rank Real Estate Best Investment for 6 Years Running! [INFOGRAPHIC]

      Some Highlights:

      • Real estate has outranked stocks/mutual funds, gold, savings accounts/CDs, and bonds as the best long-term investment among Americans for the last 6 years.
      • Stock owners are more positive about real estate than stocks as an investment.
      • Of the 4 listed, real estate is the only investment you can also live in!
      Written by Keeley Ryan
    • Stop Wondering What Your Budget Is & Get Pre-Approved!

      In many markets across the country, the number of buyers searching for their dream homes outnumbers the number of homes for sale. This has led to a competitive marketplace where buyers often need to stand out. One way to show that you are serious about buying your dream home is to get pre-qualified or pre-approved for a […]
      Written by Keeley Ryan