Housing Market Updates Archives - Page 34 of 45

Home Prices Increase in Every Price Range

September 17, 2019 - General Information

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 [...] Read More

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Monica Foster September 17, 2019

6 Graphs Showing the Strength of the Current Housing Market

September 13, 2019 - General Information

Some Highlights: Keeping an eye on the current status of the housing market is one of the best ways to make powerful and confident decisions when buying or selling a home. Mortgage rates remaining near historic lows and houses selling [...] Read More

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Monica Foster September 13, 2019

What Is the Probability That Home Values Sink?

September 12, 2019 - General Information

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 [...] Read More

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Monica Foster September 12, 2019

Millennial Buying Power Poised to Boost Homeownership

September 11, 2019 - General Information

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 [...] Read More

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Monica Foster September 11, 2019

Home Sales Expected to Continue Increasing In 2020

September 9, 2019 - General Information

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 [...] Read More

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Monica Foster September 9, 2019

Everybody Calm Down! This Is NOT 2008

September 5, 2019 - General Information

Last week realtor.com released the results of a survey that produced three major revelations: 53% of home purchasers (first-time and repeat buyers) currently in the market believe a recession will occur this year or next. 57% believe the next recession [...] Read More

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Monica Foster September 5, 2019

How Property Taxes Can Impact Your Mortgage Payment

September 4, 2019 - General Information

When buying a home, taxes are one of the expenses that can make a significant difference in your monthly payment. Do you know how much you might pay for property taxes in your state or local area? When applying for [...] Read More

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Monica Foster September 4, 2019

A Recession Does Not Equal a Housing Crisis

August 30, 2019 - General Information

Some Highlights: There is plenty of talk in the media about a pending economic slowdown. The good news is, home values actually increased in 3 of the last 5 U.S. recessions, and decreased by less than 2% in the 4th. [...] Read More

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Monica Foster August 30, 2019

iBuyers: What Is the “Cost of Convenience” When Selling Your Home?

August 29, 2019 - General Information

When thinking about selling their house, homeowners have many options. A relatively new option is using an “iBuyer.” What is an iBuyer? According to Jovio, the definition is: “A company or investor that uses Automated Valuation Models (AVMs) to make [...] Read More

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Monica Foster August 29, 2019

What’s the Latest on Interest Rates?

August 27, 2019 - General Information

Mortgage rates have fallen by over a full percentage point since Q4 of 2018, settling at near-historic lows. This is big news for buyers looking to get more for their money in the current housing market. According to Freddie Mac’s Primary [...] Read More

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Monica Foster August 27, 2019

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