BLOG

May 31, 2018

Will Home Prices Fall as Mortgage Rates Rise?

Will Home Prices Fall as Mortgage Rates Rise?

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 ...

View More
Posted in BLOG, Market Updates
Sept. 24, 2016

New Construction Numbers: Now Versus 2005

New Construction Numbers: Now Versus 2005 | Simplifying The Market

There is some thinking that the pace of the housing recovery is unsustainable and that we may be heading for another housing bubble. However, Jonathan Smoke, the Chief Economist of realtor.com explains the basic difference between 2005 and today:

“The havoc during the last cycle was the result of ...

View More
Posted in BLOG, For Buyers
Sept. 22, 2016

5 Reasons to Sell This Fall

5 Reasons to Sell This Fall | Simplifying The Market

School is back in session, the holidays are right around the corner, you might not think that now is the best time to sell your house. But with inventory below historic numbers and demand still strong, you could be missing out on a great opportunity for your family.

Here are ...

View More
Posted in BLOG, For Sellers
Sept. 6, 2016

Housing Market Slowing Down? Don’t Tell Builders!

Housing Market Slowing Down? Don’t Tell Builders! | Simplifying The Market

any experts have been calling upon home builders to ramp up construction to help with the lack of existing inventory for sale. For the past two months, new home sales have surged, with July’s total coming in at the highest since October 2007.

The latest estimates from the US Census ...

View More
Posted in BLOG, For Buyers
Sept. 5, 2016

2 Myths About Mortgages That May Be Holding Back Buyers

2 Myths About Mortgages That May Be Holding Back Buyers | Simplifying The Market

Fannie Mae’s “What do consumers know about the Mortgage Qualification Criteria?” Study revealed that Americans are misinformed about what is required to qualify for a mortgage when purchasing a home.

Myth #1: “I Need a 20% Down Payment”

Fannie Mae’s survey revealed that consumers overestimate the down payment ...

View More
Posted in BLOG, For Buyers
Sept. 4, 2016

Whether You Rent or Buy, You’re Paying a Mortgage

Whether You Rent or Buy, You’re Paying a Mortgage | Simplifying The Market

There are some people that have not purchased a home because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize that, unless you are living with your parents rent free, you are paying a mortgage - either yours or your landlord’s.

As The Joint Center for Housing ...

View More
Posted in BLOG, For Buyers
Sept. 2, 2016

Real Life vs. Reality TV: 5 Myths Explained

Real Life vs. Reality TV: 5 Myths Explained | Simplifying The Market

Have you ever been flipping through the channels, only to find yourself glued to the couch in an HGTV ‘show hole’*? We’ve all been there… watching entire seasons of “Love it or List it,” “Fixer Upper,” “House Hunters,” “Flip or Flop,” “Property Brothers,” and so ...

View More
Aug. 28, 2016

How Do Rising Prices Impact Your Home Equity?

How Do Rising Prices Impact Your Home Equity? | Simplifying The Market

Yesterday, we shared the results of the latest Home Price Expectation Survey by Pulsenomics. One of the big takeaways from the survey is that over the next five years, home prices will appreciate 3.5% per year on average, and cumulatively will grow by around 18%.

So what does this ...

View More
Posted in BLOG, For Buyers
Aug. 27, 2016

Thinking of Selling Your House? Pick the Right Agent!

Thinking of Selling Your House? Pick the Right Agent! | Simplifying The Market

Today, more and more sellers are stepping back, taking a look at the advice real estate professionals give them, and asking themselves whether they can trust that advice. And that is exactly what they should do.

The most important question you can ask when you are choosing a real estate ...

View More
Posted in BLOG, For Sellers
Aug. 26, 2016

Baby Boomers Are On the Move

Baby Boomers Are On the Move | Simplifying The Market

According to a Merrill Lynch study“an estimated 4.2 million retirees moved into a new home last year alone.” Two-thirds of retirees say that they are likely to move at least once during retirement.

 

As one participant in the study stated:

“In retirement, you have the ...

View More
Posted in BLOG, Real Estate Blog