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Posted by Monica Foster On October 12, 2018 In General Information

Some Highlights: Buying a home can be intimidating if you are not familiar with the terms used during the process. To start you on your path with confidence, we have compiled a list of some of the most common terms [...] Read More

Monica Foster October 12, 2018

Dispelling the Myth About Home Affordability

Posted by Monica Foster On October 11, 2018 In General Information

We have all seen the headlines that report that buying a home is less affordable today than it was at any other time in the last ten years, and those headlines are accurate. But, have you ever wondered why the [...] Read More

Monica Foster October 11, 2018

New Home Sales Up 12.7% From Last Year

Posted by Monica Foster On October 10, 2018 In General Information

According to the latest New Residential Sales Report from the Census Bureau, new construction sales in August were up 3.5% from July and 12.7% from last year! This marks the second consecutive month with double-digit year-over-year growth (12.8% in July). [...] Read More

Monica Foster October 10, 2018

What’s Going On With Home Prices?

Posted by Monica Foster On October 9, 2018 In General Information

According to CoreLogic’s latest Home Price Insights Report, national home prices in August were up 5.5% from August 2017. This marks the first time since June 2016 that home prices did not appreciate by at least 6.0% year-over-year. CoreLogic’s Chief [...] Read More

Monica Foster October 9, 2018

The True Cost of NOT Owning Your Home

Posted by Monica Foster On October 8, 2018 In General Information

Owning a home has great financial benefits, yet many continue to rent! Today, let’s look at the financial reasons why owning a home of your own has been a part of the American Dream for the entirety of America’s existence. [...] Read More

Monica Foster October 8, 2018

Posted by Monica Foster On October 5, 2018 In General Information

Some Highlights: According to a study by GOBankingRates, it is cheaper to buy a home than rent in 38 states across the country. In six states the difference between buying & renting would account for less than a $50 monthly [...] Read More

Monica Foster October 5, 2018

Are We About to Enter a Buyers’ Market?

Posted by Monica Foster On October 4, 2018 In General Information

Home sales are below last year’s levels, home values are appreciating at a slower pace, and there are reports showing purchasing demand softening. This has some thinking we may be entering a buyers’ market after sellers have had the upper [...] Read More

Monica Foster October 4, 2018

2 Factors to Watch in Today’s Real Estate Market Whether Buying or Selling

Posted by Monica Foster On October 3, 2018 In General Information

When it comes to buying or selling a home there are many factors you should consider. Where you want to live, why you want to buy or sell, and who will help you along your journey are just some of [...] Read More

Monica Foster October 3, 2018

Mortgage Interest Rates are Still Going Up… Should You Wait to Buy?

Posted by Monica Foster On October 2, 2018 In General Information

Mortgage interest rates, as reported by Freddie Mac, have increased by close to a quarter of a percent over the last several weeks. Freddie Mac, Fannie Mae, the Mortgage Bankers Association, and the National Association of Realtors are all calling for mortgage rates to rise another quarter of a [...] Read More

Monica Foster October 2, 2018

How Does the Supply of Homes for Sale Impact Buyer Demand?

Posted by Monica Foster On October 1, 2018 In General Information

The price of any item is determined by the supply of that item, as well as the market’s demand for it. The National Association of REALTORS (NAR) surveys “over 50,000 real estate practitioners about their expectations for home sales, prices and market conditions” for their monthly REALTORS [...] Read More

Monica Foster October 1, 2018

Archives

Dispelling the Myth About Home Affordability

New Home Sales Up 12.7% From Last Year

What’s Going On With Home Prices?

The True Cost of NOT Owning Your Home

Are We About to Enter a Buyers’ Market?

2 Factors to Watch in Today’s Real Estate Market Whether Buying or Selling

Mortgage Interest Rates are Still Going Up… Should You Wait to Buy?

How Does the Supply of Homes for Sale Impact Buyer Demand?

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