Home Prices Up 6.34% Across the Country! [INFOGRAPHIC]

Posted Posted in Blog, First Time Home Buyers, For Buyers, For Sellers, Infographics, Move-Up Buyers, Pricing

Some Highlights: The Federal Housing Finance Agency (FHFA) recently released their latest Quarterly Home Price Index report. In the report, home prices are compared both regionally and by state. Based on the latest numbers, if you plan on relocating to another state, waiting to move may end up costing you more! Powered by WPeMatico

Should I Buy Now? Or Wait Until Next Year? [INFOGRAPHIC]

Posted Posted in Blog, First Time Home Buyers, For Buyers, Infographics, Interest Rates, Millennials, Move-Up Buyers, Pricing

Some Highlights: The cost of waiting to buy is defined as the additional funds it would take to buy a home if prices & interest rates were to increase over a period of time. Freddie Mac predicts interest rates to rise to 5.2% by the third quarter of 2019. CoreLogic predicts home prices to appreciate […]

Why are Existing Home Sales Down?

Posted Posted in Blog, For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers, Pricing

The latest Existing Home Sales Report issued by the National Association of Realtors (NAR) revealed that home sales have decreased for four consecutive months and are at their slowest pace in over two years. This has some industry leaders puzzled considering the fact that the economy is strengthening, unemployment is down, and wages are beginning […]

Will Home Prices Fall as Mortgage Rates Rise?

Posted Posted in Blog, First Time Home Buyers, For Buyers, For Sellers, Interest Rates, Move-Up Buyers, Pricing

Mortgage interest rates have increased by more than half of a point since the beginning of the year. They are projected to increase by an additional half of a point by year’s end. Because of this increase in rates, some are guessing that home prices will depreciate. However, some prominent experts in the housing industry […]

4 Reasons Why Today’s Housing Market is NOT 2006 All Over Again

Posted Posted in Blog, First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Interest Rates, Move-Up Buyers, Pricing

With home prices rising again this year, some are concerned that we may be repeating the 2006 housing bubble that caused families so much pain when it collapsed. Today’s market is quite different than the bubble market of twelve years ago. There are four key metrics that explain why: Home Prices Mortgage Standards Mortgage Debt […]

Why Home Prices Are Increasing

Posted Posted in Blog, Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers, Pricing

There are many unsubstantiated theories as to why home values are continuing to increase. From those who are worried that lending standards are again becoming too lenient (data shows this is untrue), to those who are concerned that prices are again approaching boom peaks because of “irrational exuberance” (this is also untrue as prices are not at peak […]