A sunny 10am showing turned in to a nightmare yesterday when a Florida real estate agent and his married Buyer couple were ambushed while showing a home, leaving the husband dead and a community in shock over the incident. Realtor Thomas Dwyer was quoted as saying, “He just came into the house and started firing.” […]
Archives: February 2015
NAR’s Existing Home Sales Report [INFOGRAPHIC]
Where Are Mortgage Rates Headed?
The interest rate you pay on your home mortgage has a direct impact on your monthly payment. The higher the rate the greater the payment will be. That is why it is important to look at where rates are headed when deciding to buy now or wait until next year. Below is a chart created […]
Are House Prices Beginning to Accelerate Again?
In a recent post, we explained that the supply of homes for sale in December was at its lowest level in over a year. The January National Housing Trend Report from realtor.com now reveals that inventory in January has decreased another 6.7% month over month and 8.7% year over year. This is occurring at the […]
Home Sales are NOT Collapsing!
The National Association of REALTORS (NAR) just released their Existing Home Sales report and some have taken the results and ran with headlines like: “Existing home sales collapse in January despite low mortgage rates”. Let’s take a closer look at what the report really shows. There is a seasonality to home sales that happens every […]
Thinking of Buying? What are you waiting for?
If you are planning on becoming a homeowner, or moving up to the home of your dreams in 2015, here are four great reasons to consider buying a home now, instead of waiting until spring. 1. Prices Will Continue to Rise The Home Price Expectation Survey polls a distinguished panel of over 100 economists, investment […]
The Truth About US Homeownership Rates [INFOGRAPHIC]
Two Graphs that Scream – List Your Home Today!
We all learned in school that when selling anything, you will get the most money if the demand for that item is high and the inventory of that item is low. It is the well-known Theory of Supply & Demand. If you are thinking of selling your home, here are two graphs that strongly suggest […]
Homeownership Rates: Are they Crashing?
The Census recently released their 2014 Homeownership Statistics, and many began to worry that Americans have taken a step back from the notion of homeownership. Easy… Chicken Little The national homeownership rate peaked in 2004, representing a 69.2% of Americans who bought vs. rented their primary residence. Many have noticed a decline in rate since […]
Home Prices: A 5-Year Outlook
With inventory presently below historically normal levels, current & future home prices have been the topic of many real estate conversations. The most recent Home Price Expectation Survey was just released; giving insight into where experts believe prices will be leading up to 2019. Every quarter, Pulsenomics surveys a nationwide panel of over 100 economists, real estate […]