Females Are Making It a Priority to Invest in Real Estate!
Everyone wants a place to call home; a place that gives them a sense of security. We are currently seeing major interest from females who want to achieve this dream, and the numbers are proving it! In 2018, for the second year in a row, single female buyers accounted for 18% of all buyers. In […]
Monday Morning Coffee Nov 19
September “New Home” sale skidded down 5.5%, to a 553,000 annual rate. Despite that, the trend for new home sales stays positive, as sales the first nine months of 2018 are still up 3.4% from the same period a year ago. A lot of people are asking about the future of the real estate market……
7 Reasons to List Your House For Sale This Holiday Season
Every year at this time there are many homeowners who decide to wait until after the holidays to list their homes for the first time, while others who already have their homes on the market decide to take them off until after the holidays. Here are seven great reasons not to wait: Relocation buyers are […]
Wage Increases Make Home Buying More Affordable
Everyone knows that housing affordability has been negatively impacted by rising prices and increasing mortgage rates, but there is another piece to the affordability equation – wages. How much a family earns obviously impacts how easy or difficult it is for them to afford to own a home. Because of an improving economy, wages are […]
Home Sellers in Q3 Netted $61K at Resale
According to a recent report by ATTOM Data Solutions, home sellers who sold their homes in the third quarter of 2018 benefited from rising home prices and netted an average of $61,232. This is the highest average price gain since the second quarter of 2007 and represents a 32% return on the original purchase prices. […]
Are Homeowners Renovating to Sell or to Stay?
Over the past few years, two trends have emerged in the housing market: Home renovations have shot up Inventory of homes available for sale on the market has dropped A ‘normal’ housing market is defined by having a 6-month supply of homes for sale. According to the latest Existing Home Sales Report from the National […]
Monday Morning Coffee Nov 12
A primary influence on mortgage rates are the Fed minutes, the most recent of which were considered to be modestly negative. The minutes from the September 26 Fed meeting contained no major surprises, but investors viewed them as slightly more hawkish (meaning in favor of tighter monetary policy) than expected. Fed officials indicated that a…