Housing Market Updates

Posted by Monica Foster On May 17, 2019 In General Information

Some Highlights: ATTOM Data Solutions conducted an analysis of more than 29 million single family home and condo sales over the past eight years to determine the top days to list your home for sale. The top five days to [...] Read More

Monica Foster May 17, 2019

What is Really Happening with Home Prices?

Posted by Monica Foster On May 16, 2019 In General Information

Home values have softened over the last twelve months. We are no longer seeing 6-7% annual appreciation levels for the national housing market. The current numbers are closer to 4%. Some have suggested that year-over-year appreciation levels could fall to [...] Read More

Monica Foster May 16, 2019

New Research Shows Housing Is Affordable For First-Time Buyers

Posted by Monica Foster On May 14, 2019 In General Information

Home prices have been on the rise for the last seven years, leading many housing market analysts to conclude that first-time homebuyers are being shut out of the market due to affordability concerns. The National Association of Realtors (NAR) reports [...] Read More

Monica Foster May 14, 2019

A Lack of Inventory Continues to Impact the Housing Market

Posted by Monica Foster On May 13, 2019 In General Information

The housing crisis is finally in the rear-view mirror as the real estate market moves down the road to a complete recovery. Home values are up and distressed sales (foreclosures and short sales) have fallen to their lowest point in [...] Read More

Monica Foster May 13, 2019

Posted by Monica Foster On May 10, 2019 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 May 10, 2019

Mainstream Concerns about an Economic Slowdown Revisited

Posted by Monica Foster On May 9, 2019 In General Information

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% [...] Read More

Monica Foster May 9, 2019

Home Buyers are Optimistic About Homeownership!

Posted by Monica Foster On May 7, 2019 In General Information

When we consider buying an item, we naturally go through a research process prior to making our decision. We ask our friends and family members who have made similar purchases about their experience, we get opinions and insights, and we [...] Read More

Monica Foster May 7, 2019

Posted by Monica Foster On May 3, 2019 In General Information

Some Highlights: Historically, the choice between renting or buying a home has been a tough decision. Looking at the percentage of income needed to rent a median-priced home today (27.7%) vs. the percentage needed to buy a median-priced home (17.5%), [...] Read More

Monica Foster May 3, 2019

Your Fabulous New Dream Home is Now Available

Posted by Monica Foster On May 2, 2019 In General Information

Over the last several years, many “baby boomers” have undergone a metamorphosis. Their children have finally moved out and they can now dream about their own future. For many, a change in lifestyle might necessitate a change in the type [...] Read More

Monica Foster May 2, 2019

2 Trends Helping Keep Housing Affordable

Posted by Monica Foster On May 1, 2019 In General Information

Two positive trends have started to emerge that impact the 2019 Spring Housing Market. Mortgage interest rates for a 30-year fixed rate loan have dropped to new lows, right as reports show that wages have increased at their highest rate [...] Read More

Monica Foster May 1, 2019

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