Monthly Archives: June 2019
Young First-Time Buyers Are Saving for Their Dream Homes
Young buyers (Millennials & Gen Z) have waited longer than previous generations to enter the housing market for their first home. However, this hasn’t stopped them from dreaming about the home they will eventually buy. Many spend hours searching listings and building Pinterest boards of their favorite home features. According to a survey from Open Listings, 70% of single... Read More
Looking for Your Dream Home? Know What You Want vs. What You Need
In this day and age of being able to shop for anything anywhere, it is really important to know what you’re looking for when you start your home search. If you’ve been thinking about buying a home of your own for some time now, you’ve probably come up with a list of things that you’d... Read More
Pre-Approval Should Always Be Your First Step
In many markets across the country, the number of buyers searching for their dream homes greatly outnumbers the amount of homes for sale. This has led to a competitive marketplace where buyers often need to stand out. One way to show you are serious about buying your dream home is to get pre-qualified or pre-approved for a... Read More
Inventory Shortages Are Slowing Down the Market
The real estate market is moving more and more into a complete recovery. Home values are up. Home sales are up. Distressed sales (foreclosures and short sales) have fallen dramatically. It seems that 2019 will be the year that the housing market races forward again. However, there is one thing that may cause the industry to tap... Read More
Why Working with a Local Real Estate Professional Makes All the Difference
If you’ve entered the real estate market, as a buyer or a seller, you’ve inevitably heard the real estate mantra, “location, location, location” in reference to how identical homes can increase or decrease in value due to where they’re located. Well, a new survey shows that when it comes to choosing a real estate agent, the millennial generation’s... Read More
Open House Pros and Cons
Open houses are a highly debated topic both by home owners and real estate professionals alike. In fact, this article is sure to spark some debate between the two. , . Some seller’s insist open houses are will guarantee the sale of their home. Others will want nothing to do with them. The same can be... Read More
Top 5 Reasons 80% of Real Estate Agents FAIL
. The real estate profession can be one of the most rewarding for many reasons. The flexibility of time, unlimited income potential, and of course, helping people with one of the largest transactions of their entire lives are the best parts of running a successful real estate business. One thing that is rarely discussed, is the... Read More
Are Low Interest Rates Here to Stay?
. . Interest rates for a 30-year fixed rate mortgage have been on the decline since November, now reaching lows last seen in January 2018. According to Freddie Mac’s latest Primary Mortgage Market Survey, rates came in at 4.12% last week! This is great news for anyone who is planning on buying a home this spring! Freddie Mac had this to... Read More
Homebuyers Shouldn’t Worry About 2008 All Over Again
. . Last week, realtor.com released a survey of active home shoppers (those who plan to purchase their next home in 1 year or less). The survey asked their opinion on an impending recession and its possible impact on the housing market. Two major takeaways from the survey: 42% believe a recession will occur this year or next (another... Read More
Mainstream Concerns about an Economic Slowdown Revisited
. . Recently, we reported that many believe a recession could happen within the next two years. We explained that 70% of economists and market analysts surveyed last year believe that a recession will occur in 2019 or 2020 and that 42% of consumers currently looking to purchase a home also agree that a recession will occur... Read More
- 1
- 2