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Best Month To Sell
Data Says May is the Best Month to Sell Your Home
Best Month To Sell According to a newly released study by ATTOM Data Solutions, selling your home in the month of May will net you an average of 5.9% above estimated market value for your home. For the study, ATTOM performed an “analysis of 14.7 million...
How Much Has Your Home Increased in Value Over the Last Year?
Home Appreciation Home appreciation has risen dramatically over the last twelve months. In CoreLogic’s most recent Home Price Index Report, they revealed that national home prices have increased by 6.7% year-over-year. CoreLogic broke down home appreciation even further into four price ranges, giving us a more detailed view than...
Home Prices Are Increasing
Why Home Prices Are Increasing
Why Home Prices are Increasing There are many unsubstantiated theories as to why home values are continuing to increase. From those who are worried that lending standards are again becoming too lenient (data shows this is untrue), to those who are concerned that prices are again approaching...
20180427-Share-STM
Existing Home Sales Grow Despite Low Inventory [INFOGRAPHIC]
Some Highlights: According to the latest Existing Home Sales Report from the National Association of Realtors, sales grew 1.1% in March to an annual pace of 5.60 million. This is the strongest pace since November of 2017. Inventory levels dropped year-over-year for the 34th consecutive month and are now 7.2%...
20180426-Share-STM
“Short of a war or stock market crash…”
Home Prices This month, Arch Mortgage Insurance released their spring Housing and Mortgage Market Review. The report explained that an increase in mortgage rates and/or home prices would impact monthly payments this way: A 5% increase in home prices increases payments by roughly 5% A 1%...
Best States for Millennials
New Study Shows ‘Best States for Millennials’
Best States for Millennials A new study by WalletHub used “30 key metrics, ranging from share of millennials to millennial unemployment rate to millennial voter-turnout rate” to find out which states are the ‘Best States for Millennials.’ The Top 5 Best States for Millennials are: Washington,...
20180424-Share-STM
Thinking of Selling Your Home? Why You Need A Pro in Your Corner
Why you need a Pro With home prices on the rise and buyer demand strong, some sellers may be tempted to try and sell their homes on their own (FSBO) without using the services of a real estate professional. Real estate agents are trained and experienced...
Buying a Home
Buying a Home Is Cheaper Than Renting
Buying a Home The results of the 2018 Rental Affordability Report from ATTOM show that buying a median-priced home is more affordable than renting a three-bedroom property in 54% of U.S. counties analyzed for the report. The updated numbers show that renting a three-bedroom property in the United States...
Home Buying Myths
Home Buying Myths Slayed [INFOGRAPHIC]
Home Buying Myths Some Highlights: The average down payment for first-time homebuyers is only 6%! Despite mortgage interest rates being over 4%, rates are still below historic numbers. 88% of property managers raised their rents in the last 12 months! The credit score requirements for mortgage...
20180419-Share-STM
Is Family Mortgage Debt Out of Control?
Mortgage Debt Some homeowners have recently done a “cash out” refinance and have taken a portion of their increased equity from their house. Others have sold their homes and purchased more expensive homes with larger mortgages. At the same time, first-time buyers have become homeowners and...