Housing Market Updates Archives - Page 41 of 45

Existing Home Sales Slow to Start Spring

April 26, 2019 - General Information

Some Highlights: Existing Home Sales slowed to an annual pace of 5.21 million home sales in March. Low inventory levels are still impacting home sales! The current month’s supply of homes for sale is 3.9-months. Median home prices were up [...] Read More

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Monica Foster April 26, 2019

Renters Paying Substantially More While Owning Costs Less

April 25, 2019 - General Information

In a recent Insights Blog, CoreLogic reported that rent prices have skyrocketed since 2005. Meanwhile, the typical mortgage payment has actually decreased. “CoreLogic’s national rent index was up 36% in December 2018 compared with December 2005, while the typical mortgage [...] Read More

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Monica Foster April 25, 2019

New Study Reveals One Surprising Reason for the Inventory Shortage

April 24, 2019 - General Information

There has been a great amount written on millennials and their impact on the housing market. However, the headlines often contradict each other. Some claim this generation is becoming the largest share of first-time home buyers, while others claim millennials [...] Read More

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Monica Foster April 24, 2019

With Inventory Low: Will Your Dream Home Need Some TLC?

April 23, 2019 - General Information

According to a new survey from Move.com, the wave of first-time homebuyers hitting the market this summer has resulted in an interesting statistic. Nearly 60% of buyers searching for a home this spring are willing to consider buying a fixer-upper, [...] Read More

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Monica Foster April 23, 2019

Buyer Demand Surging as Spring Market Begins

April 18, 2019 - General Information

Last fall, some predicted that the 2019 residential real estate market would be a disaster. There was even belief we might experience a housing crash like the one that occurred during the last decade. However, according to two separate reports*, [...] Read More

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Monica Foster April 18, 2019

Are Low Interest Rates Here to Stay?

April 17, 2019 - General Information

Interest rates for a 30-year fixed rate mortgage have been on the decline since November, now reaching lows last seen in January 2018. According to Freddie Mac’s latest Primary Mortgage Market Survey, rates came in at 4.12% last week! This [...] Read More

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Monica Foster April 17, 2019

Homeowners: Now Is A Good Time To Sell Your House

April 16, 2019 - General Information

Every month, the National Association of Realtors (NAR) releases their Seller Traffic Index as a part of their Realtors Confidence Index. In the latest release, NAR reported that homeowners have been reluctant to sell their houses. This is reflected when [...] Read More

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Monica Foster April 16, 2019

3 Questions You Need To Ask Before Buying A Home

April 15, 2019 - General Information

If you are debating purchasing a home right now, you are probably getting a lot of advice. Though your friends and family have your best interests at heart, they may not be fully aware of your needs and what is [...] Read More

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Monica Foster April 15, 2019

Slaying the Largest Homebuying Myths Today

April 12, 2019 - General Information

Some Highlights: The average down payment for first-time homebuyers is only 6%! Mortgage interest rates have been on the decline since November! Hop in now to lock in a low rate! 88% of property managers raised their rents in the [...] Read More

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Monica Foster April 12, 2019

Home Value Appreciation Stops Falling, Begins to Stabilize

April 11, 2019 - General Information

The percentage of home price appreciation on a year-over-year basis has decreased each month for over a year. The question was how far annual appreciation would fall. It seems we may now have the answer. In a recent post on [...] Read More

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Monica Foster April 11, 2019

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