General Information Archives - Page 90 of 94

The Housing Market Will “Spring Forward” This Year!

March 4, 2019 - General Information

Just like our clocks this weekend, in the majority of the country, the housing market will soon “spring forward!” Similar to tension in a spring, the lack of inventory available for sale has been holding back the market. Many potential sellers believe that waiting [...] Read More

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Monica Foster March 4, 2019

Home Prices Up 5.73% Across the Country!

March 1, 2019 - General Information

Some Highlights: The Federal Housing Finance Agency (FHFA) recently released their latest Quarterly Home Price Index report. In the report, home prices are compared both regionally and by state. Based on the latest numbers, if you plan on relocating to another state, waiting to [...] Read More

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Monica Foster March 1, 2019

No Worries… Home Prices Coming in for a SOFT Landing

February 28, 2019 - General Information

Home prices have appreciated considerably over the last five years. This has some concerned that we may be in for another dramatic correction. However, recent statistics suggest home values will not crash as they did a decade ago. Instead, this [...] Read More

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Monica Foster February 28, 2019

Interest Rates Hit New 12 Month Low!

February 27, 2019 - General Information

According to Freddie Mac’s Primary Mortgage Market Survey, interest rates for a 30-year fixed rate mortgage are currently at their lowest for 2019. Rates like these haven’t been seen since February 2018! Last week’s survey results reported an interest rate [...] Read More

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Monica Foster February 27, 2019

What are the Benefits of Becoming a Homeowner?

February 26, 2019 - General Information

Every family has a list of important dates. We celebrate birthdays, anniversaries, pet adoptions…and the list goes on. For 64.4 percent of households in the United States, this list includes the day they became a homeowner for the first time! [...] Read More

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Monica Foster February 26, 2019

How Can I Increase My Family’s Net Worth?

February 25, 2019 - General Information

Every three years, the Federal Reserve conducts their Survey of Consumer Finances. Data is collected across all economic and social groups. The latest survey data covers 2013-2016. The study revealed that the median net worth of a homeowner is $231,400 [...] Read More

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Monica Foster February 25, 2019

3 Tips for Making Your Dream of Buying A Home Come True

February 22, 2019 - General Information

Some Highlights: Setting up an automatic savings plan that saves a small amount of every check is one of the best ways to save without thinking too much about it. Living within a budget right now will help you save [...] Read More

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Monica Foster February 22, 2019

3 Reasons Why We Are Not Heading Toward Another Housing Crash

February 21, 2019 - General Information

With home prices softening, some are concerned that we may be headed toward the next housing crash. However, it is important to remember that today’s market is quite different than the bubble market of twelve years ago. Here are three [...] Read More

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Monica Foster February 21, 2019

Why A Normal Market is Just What We Need

February 20, 2019 - General Information

The housing market has been hot for a while now. Homes have been flying off the shelves as fast as they have been listed. Buyers have been competing in bidding wars just to find a home to buy, let alone [...] Read More

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Monica Foster February 20, 2019

2019 Will Be a Great Year for Buyers AND Sellers

February 19, 2019 - General Information

Many homeowners believe that rising interest rates and home prices have scared away buyers and therefore have not listed their houses for sale. However, the truth is that buyers who were unable to find a home last year are out [...] Read More

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Monica Foster February 19, 2019

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