How Does Housing Help Build Family Wealth?
As the economy continues to improve, more and more Americans are seeing their personal financial situations also improving. Instead of just getting by, many are now beginning to save and … Read More
What’s Happening in the Real Estate Market?
This is a pretty common question that a potential home buyer or seller may be asking themselves. Leading economists in real estate converged in New Orleans this past week as … Read More
Home Prices Up 5.67% Across The Country!
Some Highlights: Across the country, home prices are up by 5.67%. Each state is appreciating at a different rate, however, which is important to realize if you plan on relocating … Read More
Housing Market Snapshot
Some Highlights: Home sales are up 1.5% year-over-year and 5.1% month-over-month. Demand is still much higher than the available housing inventory which declined 2.2% from March 2015. This is the … Read More
Renting vs. Buying: What Does it Really Cost?
Some Highlights: The percentage of income needed to afford a median priced home is almost half the percentage of income needed to afford median rent. Buying costs are significantly less … Read More
Do Homeowners Realize Their Equity Position Has Changed?
Yesterday, we reported that according to CoreLogic’s latest Equity Report, nearly 268,000 homeowners regained equity and are no longer underwater on their mortgage in the first quarter. Homes with negative … Read More
74% of Households in the US Now Have Significant Equity!
CoreLogic’s latest Equity Report revealed that 92% of all mortgaged properties are now in a positive equity situation, while 74% now actually have significant equity (defined as more than 20%)! … Read More
3 Reasons to Buy Luxury Property THIS Year!!
The housing market is hot, with prices rising as demand far outpaces supply in almost every region. However, when it comes to luxury real estate, things are quite different. In … Read More
BREXIT: What’s the FIXIT for U.S. Home Buyers and Sellers?
Now that much of the dust has settled and the panic has waned, let’s take a look at what impact Britain’s exit from the European Union may have on the … Read More
Saving To Buy A Home? What Would You Sacrifice?
Some Highlights: 95% of first-time homebuyers are willing to sacrifice to make homeownership a reality. The top thing that buyers sacrifice are new clothes at 54%. Even repeat or … Read More