Category: Housing Market Updates

    • The Surprising Profile of the Real Estate Investor

      Over 10% of all residential homes are purchased by investors, and that number continues to rise. Who are these investors? Many have speculated that the large institutional conglomerates such as Blackstone, American Homes 4 Rent, and Colony Starwood dominate investor purchases. However, a special report on investor home buying by CoreLogic, Don’t Call it a […]
      Written by Keeley Ryan
    • What a Difference a Year Makes for Sellers

      Over the last few years, many sellers have been hesitant to put their houses on the market because they feared not being able to find another home to buy. We’ve reported on inventory shortages in the past, and it’s been a constant concern for potential buyers throughout recent years. New research shows the inventory concern […]
      Written by Keeley Ryan
    • Should I Refinance My Home?

      With the recent lower interest rates, many homeowners are wondering if they should refinance. To decide if refinancing is the best option for your family, start by asking yourself these questions: Why do you want to refinance? There are many reasons to refinance, but here are three of the most common ones: Lower your interest […]
      Written by Keeley Ryan
    • Home Price Appreciation Forecast

      Questions continue to come up about where home prices will head throughout the rest of this year, as well as where they may be going over the few years beyond. We’ve gathered current data from the industry’s most reliable sources to help answer these questions: The Home Price Expectation Survey – A survey of over 100 […]
      Written by Keeley Ryan
    • Is Your First Home Now Within Your Grasp? [INFOGRAPHIC]

      Some Highlights:

      • According to the US Census Bureau, “millennials” are defined as 18-36-year-olds.
      • According to NAR’s latest Profile of Home Buyers and Sellers, the median age of all first-time home buyers is 32.
      • More and more “old millennials” (25-36) are realizing that homeownership is within their grasp now!
      Written by Keeley Ryan
    • Americans’ Powerful Belief in Homeownership as an Investment

      The Federal Reserve Bank (The Fed) recently released their 2019  Survey of Consumer Expectations Housing Survey. The survey reported that 65% of Americans believe homeownership is a good financial investment. Since 2014, the percentage has increased by over nine percent.The Fed’s survey also showed that when the results are broken down by age, education, income, […]
      Written by Keeley Ryan
    • Now’s the Time to Move-Up and Upgrade Your Current Home!

      Homes priced at the top 25% of the price range for a particular area of the country are considered “premium homes.” In today’s real estate market, there are deals to be had at the higher end! This is great news for homeowners wanting to upgrade from their current house. Much of the demand for housing […]
      Written by Keeley Ryan
    • Is Mortgage Debt out of Control?

      The housing crisis of the last decade was partially caused by unhealthy levels of mortgage debt. Homeowners were using their homes as ATMs by refinancing and swapping their equity for cash. When prices started to fall, many homeowners found themselves in a negative equity situation (where their mortgage was higher than the value of their […]
      Written by Keeley Ryan
    • Millennials Are Increasing the Demand for Condominiums

      When deciding to buy a home, people are presented with many different options. The type of home you buy depends on your needs, budget, and in many cases, the desired maintenance level. For many millennials, their choice has been buying a condominium! According to CoreLogic, “Last year about 43% of all condo home-purchase mortgage applications […]
      Written by Keeley Ryan
    • Top 5 Reasons You Should NOT FSBO

      Rising home prices coupled with a lack of inventory in today’s market may cause some homeowners to consider selling their home on their own (known in the industry as a For Sale By Owner). However, a FSBO might not be a good idea for the vast majority of sellers. The top 5 reasons are listed […]
      Written by Keeley Ryan