Monthly Archives: October 2017
A Tale of Two Markets
A Tale of Two Markets: A 6-Month Update Six months ago, we reported that the mismatch between the type of inventory of homes for sale and the demand of buyers in the US was causing the formation of two markets. In the starter and trade-up home categories, there were significantly more buyers than there were […]
Moving-Up to a Luxury Home?
Moving-Up to a Luxury Home? Now’s the Time! If your house no longer fits your needs and you are planning on buying a luxury home, now is a great time to do so! We recently shared data from Trulia’s Market Mismatch Study which showed that in today’s premium home market, buyers are in control. The […]
Millennial’s, Low Down Payment Programs
Millennial’s Flock Towards Low Down Payment Programs A report released by Down Payment Resource shows that 61% of first-time home buyers purchased their homes with a down payment of 6% or less. The trend continued among all buyers with a mortgage, as 73% made a down payment of less than 20%. An article by Chase […]
More Americans Say Now is a Good Time to Sell!
Recently released data from Fannie Mae’s National Housing Survey revealed that rising home prices were the catalyst behind an eight-point jump in the net percentage of respondents who say now is a good time to sell. The index is now 21 points higher than it was this time last year. Overall, 62% of Americans surveyed […]
What to Look for in Your Real Estate Team
How do you select the members of your team who are going to help you make your dream of owning a home a reality? What should you be looking for? How do you know if you’ve found the right agent or lender? The most important characteristic that you should be looking for in your agent […]