Article by: Simplifying the Market™Originally Published: December 19, 2018, 11:00 amAs we head into 2019, many news outlets and housing experts warn that the housing market may slow down. Over the last six years, the inventory of homes for sale has been near historic lows, which has been the force behind increasing home prices. This […]
No Bubble Here! How New Mortgage Standards Are Helping
Article by: Simplifying the Market™Originally Published: December 13, 2018, 11:00 amReal estate is shifting to a more normal market; the days of national home appreciation topping 6% annually are over and inventories are increasing which is causing bidding wars to almost disappear. Some see these as signs that the market will soon come tumbling down […]
What If I Wait A Year to Buy a Home?
Article by: Simplifying the Market™Originally Published: December 10, 2018, 11:00 amNational home prices have increased by 5.4% since this time last year. Over that same time period, interest rates have remained near historic lows which has allowed many buyers to enter the market and lock in low rates. As a seller, you will likely be […]
The Tale of Two Markets [INFOGRAPHIC]
Article by: Simplifying the Market™Originally Published: December 7, 2018, 11:00 am 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! Inventory continues to rise […]
2008 vs. Now: Are Owners Using Their Homes as ATMs Again?
Article by: Simplifying the Market™Originally Published: December 6, 2018, 11:00 amOver 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 repeating last decade’s mistake. However, […]
Homeowners Aged 65+ Have 48x More Net Worth Than Renters
Article by: Simplifying the Market™Originally Published: December 4, 2018, 11:00 amEvery 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 – a 15% increase since […]
Further Proof It’s NOT 2008 All Over Again
Article by: Simplifying the Market™Originally Published: November 29, 2018, 11:00 amHome 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 flags and are suggesting that […]
24% of Renters Believe Winter is the Best Time to Buy a Home
Article by: Simplifying the Market™Originally Published: November 28, 2018, 11:00 amIn 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 out from the winter and […]
Existing Home Sales Slowed by a Lack of Listings [INFOGRAPHIC]
Article by: Simplifying the Market™Originally Published: November 23, 2018, 11:00 am Some Highlights: Existing home sales are currently at an annual pace of 5.22 million, which is up 1.4% over last month. This reverses the six-month trend of dips in sales every month. The inventory of existing homes is still below the 6-month supply needed […]
Females Are Making It a Priority to Invest in Real Estate!
Article by: Simplifying the Market™Originally Published: November 20, 2018, 11:00 amEveryone 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, […]