Category: Housing Market Updates

    • 4 Reasons to Sell This Fall [INFOGRAPHIC]

      Some Highlights:

      • Buyers are active in the market and often competing with one another for available listings.
      • Housing inventory is still under the 6-month supply found in a normal housing market.
      • Homes are still selling relatively quickly, averaging 31 days on the market.
      Written by Keeley Ryan
    • One of the Top Reasons to Own a Home

      One of the benefits of homeownership is that it is a “forced savings plan.” Here’s how it works: You make a mortgage payment each month. Part of that payment is applied to the principal balance of your mortgage. Each month you owe less on the home. The difference between the value of the home and […]
      Written by Keeley Ryan
    • Home Prices Increase in Every Price Range

      Price appreciation can differ depending on your price range. CoreLogic analyzed four individual home prices tiers and shares the increase in each one. CoreLogic’s Home Price Index (HPI) Report revealed, “National home prices increased 3.6% year over year in July 2019 and are forecast to increase 5.4% from July 2019 to July 2020.” They also […]
      Written by Keeley Ryan
    • What Is the Probability That Home Values Sink?

      With the current uncertainty about the economy triggered by a potential trade war, some people are waiting to purchase their first home or move-up to their dream house because they think or hope home prices will drop over the next few years. However, the experts disagree with this perspective. Here is a table showing the […]
      Written by Keeley Ryan
    • What Is the Probability That Home Values Sink?

      With the current uncertainty about the economy triggered by a potential trade war, some people are waiting to purchase their first home or move-up to their dream house because they think or hope home prices will drop over the next few years. However, the experts disagree with this perspective. Here is a table showing the […]
      Written by Keeley Ryan
    • Millennial Buying Power Poised to Boost Homeownership

      In a recent article by Realtor Magazine, Mark Fleming, Chief Economist of First American Financial Corporation, notes, “The largest group of millennials by birth year will turn 30 in 2020, which puts them entering their prime homebuying years”. The article continues to describe how millennials have more buying-power than the generations that preceded them, making […]
      Written by Keeley Ryan
    • Millennial Buying Power Poised to Boost Homeownership

      In a recent article by Realtor Magazine, Mark Fleming, Chief Economist of First American Financial Corporation, notes, “The largest group of millennials by birth year will turn 30 in 2020, which puts them entering their prime homebuying years”. The article continues to describe how millennials have more buying-power than the generations that preceded them, making […]
      Written by Keeley Ryan
    • Home Sales Expected to Continue Increasing In 2020

      Freddie Mac, Fannie Mae, and the Mortgage Bankers Association are all projecting home sales will increase nicely in 2020. Below is a chart depicting the projections of each entity for 2019, as well as for 2020.As we can see, Freddie Mac, Fannie Mae, and the Mortgage Bankers Association all believe homes sales will increase steadily over the next year. If you’re a homeowner who has considered […]
      Written by Keeley Ryan