-1
archive,category,category-blog,category-17,lounge-core-1.0.3,,ajax_updown_fade,page_not_loaded

Blog

2020 Homebuying Checklist

Posted by NooshiAdmin in Blog

Some Highlights: If you’re thinking of buying a home, plan ahead and stay on the right track, starting with pre-approval. Being proactive about the homebuying process will help set you up for success in each step. Make sure to work with a trusted real estate professional along the way, to...

The #1 Reason It Is Difficult to Find Your Dream Home

Posted by NooshiAdmin in Blog

The headlines in real estate today all revolve around one major point: there is a shortage of homes available for sale. Price appreciation is accelerating again because there is a shortage of homes available for sale. First-time buyers are taking longer to purchase a home because there is...

How Buyers Can Win By Downsizing in 2020

Posted by NooshiAdmin in Blog

Home values have been increasing for 93 consecutive months, according to the National Association of Realtors. If you’re a homeowner, particularly one looking to downsize your living space, that’s great news, as you’ve likely built significant equity in your home. Here’s some more good news: mortgage rates are expected to remain low...

The 2 Surprising Things Homebuyers Really Want

Posted by NooshiAdmin in Blog

In a market where current inventory is low, it’s normal to think buyers might be willing to give up a few desirable features in their home search in order to make finding a house a little easier. Don’t be fooled, though – there’s still an interest in...

Make the Dream of Homeownership a Reality in 2020

Posted by NooshiAdmin in Blog

In 1963, Martin Luther King, Jr. led and inspired a powerful movement with his famous “I Have a Dream” speech. Through his passion and determination, he sparked interest, ambition, and courage in his audience. Today, reflecting on his message encourages many of us to think...

Housing Inventory Vanishing: What Is the Impact on You?

Posted by NooshiAdmin in Blog

The real estate market is expected to do very well this year as mortgage rates remain at historic lows. One challenge to the housing industry is the lack of homes available for sale. Last week, move.com released a report showing that 2020 is beginning with the lowest available housing...

Strength of the Economy Is Surprising the Experts

Posted by NooshiAdmin in Blog

We’re currently in the longest economic recovery in U.S. history. That has caused some to ask experts to project when the next economic slowdown (recession) could occur. Two years ago, 67% of the economists surveyed by the Wall Street Journal (WSJ) for the Economic Forecasting Survey predicted we would...

2020 Luxury Market Forecast

Posted by NooshiAdmin in Blog

By the end of last year, many homeowners found themselves with more equity than they realized, and at the same time their wages were increasing. When those two factors unite, it can spark homeowners to think about making a move to a larger or more...

Buying a Home Early Can Significantly Increase Future Wealth

Posted by NooshiAdmin in Blog

According to an Urban Institute study, homeowners who purchase a house before age 35 are better prepared for retirement at age 60. The good news is, our younger generations are strong believers in homeownership. According to a Freddie Mac survey, “The dream of homeownership is alive and well within “Generation Z,” the...

There’s a Long Line of Buyers Waiting for Your House

Posted by NooshiAdmin in Blog

If you’re following what’s happening in the housing market right now, you know that many people believe the winter months aren’t a good time to sell a home. As realtor.com Senior Economist George Ratiu recently noted, “Sellers tend to be more reluctant to list during the colder time of year...

3 Benefits to Buying Your Dream Home This Year

Posted by NooshiAdmin in Blog

Outside of a strong economy, low unemployment, and higher wages, there are three more great reasons why you may want to consider buying your dream home this year instead of waiting. 1. Buying a Home is a Great Investment Several reports indicate that real estate is a good...

Expert Insights on the 2020 Housing Market

Posted by NooshiAdmin in Blog

When closing out another year, it’s normal to wonder what’s ahead for the housing market. Though there will be future inventory issues, we expect interest rates to stay low and appreciation to continue. Here’s what three experts are saying we’ll likely see in 2020: Danielle Hale, Chief Economist at realtor.com “I think...

Why You Shouldn’t For Sale By Owner

Posted by NooshiAdmin in Blog

Rising home prices coupled with the current inventory in today’s market may cause some homeowners to consider selling their homes on their own (known in the industry as a For Sale By Owner). However, a FSBO might be hard to execute well for the vast majority...

Year-Over-Year Rental Prices on the Rise

Posted by NooshiAdmin in Blog

Looking ahead, 2020 is projected to be a strong year for homeownership. According to the Freddie Mac Forecast, “We expect rates to remain low, falling to a yearly average of 3.8% in 2020.” If you’re currently renting, 2020 may be a great time to think about making a jump...

When a House Becomes a Happy Home

Posted by NooshiAdmin in Blog

We talk a lot about why it makes financial sense to buy a home, but more often than not we’re drawn to the emotional reasons for home ownership. No matter the size or shape of a living space, the feeling of a home means different things...

2020 Forecast Shows Continued Home Price Appreciation

Posted by NooshiAdmin in Blog

Questions continue to rise around where home prices will head in 2020. The latest forecast from CoreLogic shows continued appreciation at 5.4% over the next year:Additionally, ARCH Mortgage Insurance Company in their current Housing and Mortgage Market Review revealed their latest ARCH Risk Index, which estimates the probability of home prices being lower in...

5,300 Reasons to Be Happy You’re a Homeowner

Posted by NooshiAdmin in Blog

Studies have shown that, in many cases, the largest asset a family owns is the house they live in. Over the last twelve months, that asset has gained substantial value. CoreLogic just released their 2019 3rd Quarter Homeowner Equity Insights Report. The report revealed that: “U.S. homeowners with mortgages...

Get Your House Ready To Sell This Winter

Posted by NooshiAdmin in Blog

Some Highlights Winter is a great time to list a house, since inventory is traditionally low, and most sellers are holding off until spring to put their homes on the market. Waiting for warmer weather when more competition is on the market will only put your...

Holiday Gifts Are Not the Only Hot Things Right Now

Posted by NooshiAdmin in Blog

Black Friday is behind us and holiday gifts are flying off the shelves in stores and online. Unlike last year, however, there’s another type of buyer that is very active this winter – the homebuyer. Each month, ShowingTime releases their Showing Index, which tracks the average number of appointments received...

Have You Outgrown Your Home?

Posted by NooshiAdmin in Blog

It may seem hard to imagine that the home you’re in today – whether it’s your starter home or just one you’ve fallen in love with along the way – might not be your forever home. The good news is, it’s okay to admit if your...

A 365 Day Difference in Homeownership

Posted by NooshiAdmin in Blog

Over the past year, mortgage rates have fallen more than a full percentage point. This is a great driver for homeownership, as today’s low rates provide consumers with some significant benefits. Here’s a look at three of them: Refinance: If you already own a home, you...

Have You Budgeted for Closing Costs?

Posted by NooshiAdmin in Blog

Saving for a down payment is a key step in the homebuying process, and it’s not the only piece you need to include in your budget. Another factor that’s important to plan for is the closing costs required to obtain a mortgage. What Are Closing Costs? According...

What is the Best Investment for Americans?

Posted by NooshiAdmin in Blog

Some are reporting that there is trepidation regarding the real estate market in the United States. Apparently, the American people are quite comfortable. Porch.com, a major network helping homeowners with their renovation projects, recently conducted a survey which asked Americans: “What do you believe is the safest investment over...

Is A Bigger House Within Your Budget?

Posted by NooshiAdmin in Blog

At this time of year, many families come together to celebrate the season. It’s also the time when many realize their homes are just not quite big enough to host all of their guests and loved ones. Are you one of those homeowners dreaming for...

Expert Advice: 3 Benefits to Owning a Home

Posted by NooshiAdmin in Blog

Success is something often worth repeating, and Brent Sutherland, a Certified Financial Planner and Real Estate Investor, has certainly made his way in a momentum-driving direction. Here are 3 tips he shares from a recent piece in Business Insider on the benefits of owning real estate: 1. Real estate diversifies your...

2 Myths Holding Back Home Buyers

Posted by NooshiAdmin in Blog

In a recent article, First American shared how millennials are not really any different from previous generations when it comes to the goal of homeownership; it is still a huge part of their American Dream. The piece, however, also reveals,  “Saving for a down payment is one of...

Buyer Demand Growing in Every Region

Posted by NooshiAdmin in Blog

Buyers are out in full force this fall, increasing the demand for homebuying in all four regions of the country. According to the latest ShowingTime Showing Index, “Home showing activity was up again nationwide with a 4.6 percent rise in traffic, as the traditionally slow fall season began...

Homeownership Rate Remains on the Rise

Posted by NooshiAdmin in Blog

In the third quarter of 2019, the U.S. homeownership rate rose again, signaling another strong indicator of the current housing market. The U.S. Census Bureau announced, “The homeownership rate of 64.8 percent was not statistically different from the rate in the third quarter 2018 (64.4 percent), but was 0.7...

The #1 Reason to List Your House in the Winter

Posted by NooshiAdmin in Blog

Many sellers believe spring is the best time to put their homes on the market because buyer demand traditionally increases at that time of year. What they don’t realize is if every homeowner believes the same thing, then that’s when they’ll have the most competition. So,...

Taking the Fear Out of the Mortgage Process

Posted by NooshiAdmin in Blog

A considerable number of potential buyers shy away from the real estate market because they’re uncertain about the buying process – particularly when it comes to qualifying for a mortgage. For many, the mortgage process can be scary, but it doesn’t have to be!  In order to...

How to Determine If You Can Afford to Buy a Home

Posted by NooshiAdmin in Blog

The gap between the increase in personal income and residential real estate prices has been used to defend the concept that we are experiencing an affordability crisis in housing today. It is true that home prices and wages are two key elements in any affordability equation....

4 Reasons to Buy a Home This Fall

Posted by NooshiAdmin in Blog

Here are four great reasons to consider buying a home today, instead of waiting. 1. Prices Will Continue to Rise CoreLogic’s latest Home Price Insights Report shows that home prices have appreciated by 3.6% over the last 12 months. The same report predicts prices will continue to increase at a rate...

Think Prices Have Skyrocketed? Look at Rents.

Posted by NooshiAdmin in Blog

Much has been written about how residential real estate values have increased since the housing market started its recovery in 2012. However, little has been shared about what has taken place with residential rental prices. Let’s shed a little light on this subject. In the most...

5 Reasons to Consider Living in a Multigenerational Home

Posted by NooshiAdmin in Blog

Did you know that 1 in 6 Americans currently live in a multigenerational household? According to Generations United, the number of multigenerational households rose from 42.4 million in 2000 to 64 million in 2016. The 2018 Profile of Home Buyers and Sellers from the National Association of Realtors shows that 12% of...

Depending on the Price, You’re Going to Need Advice

Posted by NooshiAdmin in Blog

To understand today’s complex real estate market, it is critical to have a local, trusted advisor on your side – for more reasons than you may think. In real estate today, there are essentially three different price points in the market: the starter-home market, the middle-home...

5 Tips for Starting Your Home Search

Posted by NooshiAdmin in Blog

In today’s market, low inventory dominates the conversation in many areas of the country. It can often be frustrating to be a first-time homebuyer if you aren’t prepared. Here are five tips from realtor.com’s article, “How to Find Your Dream Home—Without Losing Your Mind.” 1. Get Pre-Approved for a...

Homeownership is the Top Contributor to Your Net Worth

Posted by NooshiAdmin in Blog

Many people plan to build their net worth by buying CDs or stocks, or just having a savings account. Recently, however, Economist Jonathan Eggleston and Survey Statistician Donald Hays, both of the U.S. Census Bureau, shared the biggest determinants of wealth, “The biggest determinants of household wealth [are] owning a home and having...