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

Housing Prices are NOT Heading for Another Crash

As home values continue to increase at levels greater than historic norms, some are concerned that we are heading for another crash like the one we experienced ten years ago. We recently¬†explained¬†that the lenient lending standards of the previous decade (which created false demand) no longer exist. But what about prices? Are prices appreciating at … Continued

Rents Are on the Rise: Don’t Get Caught in the Rental Trap!

There are many benefits to homeownership. One of the top benefits is protecting yourself from rising rents, by locking in your housing cost for the life of your mortgage. Don‚Äôt Become Trapped¬† A recent¬†article¬†by¬†Apartment List¬†addressed rising rents by stating: ‚ÄúRents are up 2.7% year-over-year at the national level.¬†Year-over-year growth continues to fall between the 2.1% … 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

The Real Reason Home Prices Are Increasing

There are many unsubstantiated theories as to why home values are continuing to increase. From those who are worried that lending standards are again becoming too lenient¬†(data shows this is untrue), to those who are concerned that prices are again approaching boom peaks because of¬†‚Äúirrational exuberance‚Ä̬†(this is also untrue as prices are not at peak … 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

Why Are So Few Homes for Sale?

There is no doubt that the largest challenge in today‚Äôs housing market is a lack of housing inventory for sale. This challenge has been¬†defined¬†as an¬†‚Äúoverwhelming lack of supply,‚Ä̬†and even a¬†‚Äústraight up inventory crisis.‚ÄĚ First American¬†just released the results of a¬†survey¬†which sheds light on the reasons for the current lack of supply. The survey asked title … 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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