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Posted by Monica Foster On December 7, 2018 In General Information

Some Highlights: An emerging trend for some time now has been the difference between available inventory and demand in the premium and luxury markets and that in the starter and trade-up markets and what those differences are doing to prices! [...] Read More

Monica Foster December 7, 2018

2008 vs. Now: Are Owners Using Their Homes as ATMs Again?

Posted by Monica Foster On December 6, 2018 In General Information

Over the last six years, we have experienced strong price appreciation which has increased home equity levels dramatically. As the number of “cash-out” refinances begins to approach numbers last seen during the crash, some are afraid that we may be [...] Read More

Monica Foster December 6, 2018

Where Are Interest Rates Headed in 2019?

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

The interest rate you pay on your home mortgage has a direct impact on your monthly payment. The higher the rate, the greater the payment will be. That is why it is important to know where rates are headed when [...] Read More

Monica Foster December 5, 2018

Homeowners Aged 65+ Have 48x More Net Worth Than Renters

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

Every three years, the Federal Reserve conducts their Survey of Consumer Finances in which they collect data across all economic and social groups. Their latest survey data covers responses from 2013-2016. The study revealed that the median net worth of a homeowner was $231,400 [...] Read More

Monica Foster December 4, 2018

4 Reasons to Buy A Home This Winter!

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

Here are four great reasons to consider buying a home today instead of waiting. 1. Prices Will Continue to Rise CoreLogic’s latest Home Price Insight report revealed that home prices have appreciated by 5.6% over the last 12 months. The same report predicts [...] Read More

Monica Foster December 3, 2018

Posted by Monica Foster On November 30, 2018 In General Information

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 [...] Read More

Monica Foster November 30, 2018

Further Proof It’s NOT 2008 All Over Again

Posted by Monica Foster On November 29, 2018 In General Information

Home sales numbers are leveling off, the rate of price appreciation has slowed to more historically normal averages, and inventory is finally increasing. We are headed into a more normal housing market. However, some are seeing these adjustments as red [...] Read More

Monica Foster November 29, 2018

24% of Renters Believe Winter is the Best Time to Buy a Home

Posted by Monica Foster On November 28, 2018 In General Information

In real estate, the spring is often seen as the ideal time to buy or sell a house. The term “Spring Buyer’s Season” exists for a reason, as renters and those looking to move on from their current home thaw [...] Read More

Monica Foster November 28, 2018

The #1 Reason to Not Wait Until Spring to Sell Your House

Posted by Monica Foster On November 27, 2018 In General Information

Many sellers believe that spring is the best time to place their homes on the market because buyer demand traditionally increases at that time of year, but what they don’t realize is that if every homeowner believes the same thing, [...] Read More

Monica Foster November 27, 2018

Buyers: Don’t Be Surprised by Closing Costs!

Posted by Monica Foster On November 26, 2018 In General Information

Many homebuyers think that saving for their down payment is enough to buy the house of their dreams, but what about the closing costs that are required to obtain a mortgage? By law, a homebuyer will receive a loan estimate [...] Read More

Monica Foster November 26, 2018

Archives

2008 vs. Now: Are Owners Using Their Homes as ATMs Again?

Where Are Interest Rates Headed in 2019?

Homeowners Aged 65+ Have 48x More Net Worth Than Renters

4 Reasons to Buy A Home This Winter!

Further Proof It’s NOT 2008 All Over Again

24% of Renters Believe Winter is the Best Time to Buy a Home

The #1 Reason to Not Wait Until Spring to Sell Your House

Buyers: Don’t Be Surprised by Closing Costs!

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