Based on prices, mortgage rates and soaring rents, there may have never been a better time in real estate history to purchase a home than right now. Here are five major reasons purchasers should consider buying: Supply Is Shrinking With inventory … [Read more...]
NAR’s InfoGraphic on Home Buyers and Sellers 2012
Originally published by the National Association of Realtors (NAR). Click on the InfoGraphic to get original. FROM NAR: More than they have in the past decade, two-income married couples are fueling today’s home buying and selling market, and … [Read more...]
Shadow Inventory Shrinking…in Most Regions
The Mortgage Bankers Association (MBA) released their 3rd Quarter Delinquency Survey last week. The report revealed that both the delinquency and shadow inventory numbers are improving. DSNews, reporting on the survey, explained: “The Mortgage … [Read more...]
Why Waiting Until Spring to Sell May NOT Make Sense
We have been happy to report that house prices have increased over the last several months. However, we have also warned that month-over-month prices since 2009 have softened in the fall and winter. We are beginning to see that situation repeat … [Read more...]
Where Are Rents Headed?
When deciding whether or not to buy a home, one consideration will be the cost of alternative housing options. Renting an apartment is one such alternative. Where are rental prices heading over the next few years? Rental prices usually increase by … [Read more...]
Cost vs. Price Explained
We have often talked about the difference between COST and PRICE. As a seller, you will be most concerned about ‘short term price’ – where home values are headed over the next six months. As a buyer, you must be concerned not about price but instead … [Read more...]
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