U.S. Housing Inventory Crunch Continues… List Your House Today!

Every¬†winter, families across the country decide if this will be the year that they sell their current houses and move into their dream homes. Mortgage rates¬†hovered around 4% for all of 2017 which forced many buyers off the fence and into the market, resulting in incredibly strong demand RIGHT NOW! At the same time, however, … Continued

61% of First-Time Buyers Put Down Less than 6%

According to the¬†National Association of Realtors‚Äô¬†latest¬†Realtors Confidence Index, 61% of first-time homebuyers purchased their homes with down payments below 6% from October 2016 through November 2017. Many potential homebuyers believe that a 20% down payment is necessary to buy a home and have disqualified themselves without even trying. The median down payment for all buyers … Continued

Buying A Home Is More Affordable Than Renting In 54% Of US Counties

According to¬†ATTOM Data Solutions‚Äô¬†2018 Rental Affordability Report, ‚Äúbuying a median-priced home is more affordable than renting a three-bedroom property in 240 of 447 [or 54% of] U.S. counties analyzed for the report.‚ÄĚ For the report,¬†ATTOM Data Solutions¬†compared recently released fair market rent data from the¬†Department of Housing and Urban Development¬†with reported income amounts from the¬†Department … Continued

What Impact Will the New Tax Code Have on Home Values?

Every month,¬†CoreLogic¬†releases its¬†Home Price Insights¬†Report. In that report, they forecast where they believe residential real estate prices will be in twelve months. Below is a map,¬†broken down by state, reflecting how home values are forecasted to change by the end of 2018 using data from the most recent report. As we can see,¬†CoreLogic¬†projects an increase … Continued

November 2017 NH Market Report

November price, sales increase November showed¬†another substantial¬†month of growth in the New Hampshire residential housing¬†market, with both unit sales and median price up ahead of last November, while¬†pushing year to date numbers up to near-historically high levels as we approach year’s end. Among the statewide highlights for single family homes: Median price: November 2017 was … Continued

What is the Cost of Waiting Until Next Year to Buy?

We¬†recently¬†shared that over the course of the last 12 months, home prices have appreciated by 7.0%. Over the same amount of time, interest rates have remained historically low which has allowed many buyers to enter the market. As a seller, you will likely be most concerned about¬†‚Äėshort-term price‚Äô¬†‚Äď where home values are headed over the … Continued

Before You Make an Offer, Here Are 4 Tips for Success!

So, you‚Äôve been searching for that perfect house to call a ‚Äėhome,‚Äô and you finally found it! The price is right, and in such a competitive market, you want to make sure that you make a good offer so that you can guarantee that your dream of making this house yours comes true! Freddie Mac¬†covered¬†‚Äú4 … Continued

The Cost of NOT Owning Your Home

Owning a home has great financial benefits, yet many continue to rent! Today, let‚Äôs look at the financial reasons why owning a home of your own has been a part of the American Dream for as long as America has existed. Zillow¬†recently¬†reported¬†that: ‚ÄúIn reality, buying or renting a home is an intensely personal decision, with … Continued

Bubble Alert! Is it Getting Too Easy to Get a Mortgage?

There is little doubt that it is easier to get a home mortgage today than it was last year. The¬†Mortgage Credit Availability Index¬†(MCAI), published by the¬†Mortgage Bankers Association,¬†shows that mortgage credit has become more available in each of the last several years. In fact, in just the last year: More buyers are putting less than … Continued

Where Are Home Prices Heading in The Next 5 Years?

Today, many real estate conversations center on housing prices and where they may be headed. That is why we like the¬†Home Price Expectation Survey. Every quarter,¬†Pulsenomics¬†surveys a nationwide panel of over one hundred economists, real estate experts, and investment & market strategists about where they believe prices are headed over the next five years. They … Continued

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