Monday Morning Coffee March 11
Pundits itching for a recession had to be disappointed to see GDP growth came in at a better-than-expected 2.6% for Q4 and 2.9% for the year, making 2018 the best year of growth for this economic expansion. Freddie Mac’s Primary Mortgage Market Survey reported the national average 30-year fixed mortgage rate unchanged after three weeks of…
4 Reasons to Buy a Home in the Spring
Spring has sprung, and it’s a great time to buy a home! Here are four reasons to consider buying today instead of waiting. 1. Prices Will Continue to Rise CoreLogic’s latest U.S. Home Price Insights reports that home prices have appreciated by 4.4% over the last 12 months. The same report predicts that prices will […]
Preparing to Spring Forward [INFOGRAPHIC]
In the majority of the country, this weekend marks the start of Daylight Savings Time as we set our clocks forward an hour on Sunday at 2:00 AM EST.
Whether you plan on buying or selling this spring, these tips could help you ‘spri…
Why an Economic Slowdown Will NOT Crush Real Estate this Time
Last week, the National Association for Business Economics released their February 2019 Economic Policy Survey. The survey revealed that a majority of the panel believe an economic slowdown is in the near future: “While only 10% of panelists expect a recession in 2019, 42% say a recession will happen in 2020, and 25% expect one […]
2 Reports That Say Now Is a Great Time to Sell
Heading into the spring buying market, there are strong trends starting to emerge. The inventory of homes for sale has increased on a year-over-year basis for eight months in a row. Home price appreciation has continued to grow, although at a slower rate. The homeownership rate has reached heights last seen in 2014, with millennials […]
How to Have a Unique Open House
According to the National Association of Realtors, total inventory has been growing for six months straight, as has the number of buyers looking to find their dream home. In a market where inventory is increasing, you want to stand out in the crowd! This quote from Grandscope puts it well: “You can differentiate from competition […]
Monday Morning Coffee March 4
The chief economist from the “National Association of Realtors” reports, “with inventory steadily increasing, home prices are, on average, rising at a slower and healthier pace.” The chief economist from “Freddie Mac” adds: “While housing activity has clearly softened… lower mortgage rates and a strong job market should rekindle demand for the spring homebuying season.”…
The Housing Market Will “Spring Forward” This Year!
Just like our clocks this weekend, in the majority of the country, the housing market will soon “spring forward!” Similar to tension in a spring, the lack of inventory available for sale has been holding back the market. Many potential sellers believe that waiting until Spring is in their best interest. Traditionally, they would have been right. Buyer demand […]
Home Prices Up 5.73% Across the Country! [INFOGRAPHIC]
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 relocatin…
No Worries… Home Prices Coming in for a SOFT Landing
Home prices have appreciated considerably over the last five years. This has some concerned that we may be in for another dramatic correction. However, recent statistics suggest home values will not crash as they did a decade ago. Instead, this time they will come in for a soft landing. The previous housing market was fueled […]