Housing Market Updates Archives - Page 40 of 45

New Research Shows Housing Is Affordable For First-Time Buyers

May 14, 2019 - General Information

Home prices have been on the rise for the last seven years, leading many housing market analysts to conclude that first-time homebuyers are being shut out of the market due to affordability concerns. The National Association of Realtors (NAR) reports [...] Read More

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Monica Foster May 14, 2019

A Lack of Inventory Continues to Impact the Housing Market

May 13, 2019 - General Information

The housing crisis is finally in the rear-view mirror as the real estate market moves down the road to a complete recovery. Home values are up and distressed sales (foreclosures and short sales) have fallen to their lowest point in [...] Read More

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Monica Foster May 13, 2019

A Tale of Two Markets

May 10, 2019 - General Information

Some Highlights: An emerging trend for some time now has been the difference between available inventory and demand in the premium and luxury markets and that in the starter and trade-up markets and what those differences are doing to prices! [...] Read More

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Monica Foster May 10, 2019

Mainstream Concerns about an Economic Slowdown Revisited

May 9, 2019 - General Information

Recently, we reported that many believe a recession could happen within the next two years. We explained that 70% of economists and market analysts surveyed last year believe that a recession will occur in 2019 or 2020 and that 42% [...] Read More

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Monica Foster May 9, 2019

Home Buyers are Optimistic About Homeownership!

May 7, 2019 - General Information

When we consider buying an item, we naturally go through a research process prior to making our decision. We ask our friends and family members who have made similar purchases about their experience, we get opinions and insights, and we [...] Read More

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Monica Foster May 7, 2019

The Cost of Renting vs. Buying This Spring

May 3, 2019 - General Information

Some Highlights: Historically, the choice between renting or buying a home has been a tough decision. Looking at the percentage of income needed to rent a median-priced home today (27.7%) vs. the percentage needed to buy a median-priced home (17.5%), [...] Read More

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Monica Foster May 3, 2019

Your Fabulous New Dream Home is Now Available

May 2, 2019 - General Information

Over the last several years, many “baby boomers” have undergone a metamorphosis. Their children have finally moved out and they can now dream about their own future. For many, a change in lifestyle might necessitate a change in the type [...] Read More

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Monica Foster May 2, 2019

2 Trends Helping Keep Housing Affordable

May 1, 2019 - General Information

Two positive trends have started to emerge that impact the 2019 Spring Housing Market. Mortgage interest rates for a 30-year fixed rate loan have dropped to new lows, right as reports show that wages have increased at their highest rate [...] Read More

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Monica Foster May 1, 2019

What Would Make You Sell Your House?

April 30, 2019 - General Information

There are many reasons why a homeowner decides to sell their house and move. The latest Generational Trends Report from the National Association of Realtors asked recent home sellers to share their reason for moving. The younger the respondents, the [...] Read More

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Monica Foster April 30, 2019

How Quickly Can You Save Your Down Payment?

April 29, 2019 - General Information

Saving for a down payment is often the biggest hurdle for a first-time homebuyer. Depending on where you live, median income, median rents, and home prices all vary. So, we set out to find out how long it would take [...] Read More

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Monica Foster April 29, 2019

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