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First Time Home Buyers

#1 Answer to the Housing Shortage: New Construction

The biggest challenge to today’s housing market is the shortage of housing inventory for sale. A normal market would see a six-month supply of homes for sale. Currently, that number is below four months. This is the major reason home prices have continued to appreciate at higher levels than historic averages.

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Make a Good Offer

Make good O

4 Tips for Effectively Making an Offer | Simplifying The MarketSo, you’ve been searching for that perfect house to call a ‘home,’ and you finally found one! The price is right, and in such a competitive market, you want to make sure that you make a good offer so that you can guarantee that your dream of making this house yours comes true!

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Buying a Home? Do You Know the Lingo?

Buying a Home? Do You Know the Lingo? | Simplifying The MarketBuying a home can be intimidating if you are not familiar with the terms used during the process. To start you on your path with confidence, we have compiled a list of some of the most common terms used when buying a home.

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Get All the Facts about PMI

Get All the Facts about PMI | Simplifying The MarketWhen it comes to buying a home, whether it is your first time or your fifth, it is always important to know all the facts. With the large number of mortgage programs available that allow buyers to purchase a home with a down payment below 20%, you can never have too much information about Private Mortgage Insurance (PMI).

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Is the Current Pace of Home Sales Sustainable?

Is the Current Pace of Home Sales Maintainable? | Simplifying The MarketThere are some experts questioning whether the current pace of residential home sales is maintainable. Are too many people buying homes like in 2004-2006? Are we headed for another housing crisis? Actually, if we look closely at the numbers, we can see that we are looking at a very healthy real estate market.

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