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Housing Market Updates

Dispelling the Myth About Home Affordability

We have all seen the headlines that report that buying a home is less affordable today than it was at any other time in the...
New Home sales

New Home Sales Up 12.7% From Last Year

New Home Sales According to the latest New Residential Sales Report from the Census Bureau, new construction sales in August were up 3.5% from July...
Entering Buyers' Market

Are We Entering a Buyers’ Market?

Home sales are below last year’s levels, home values are appreciating at a slower pace, and there are reports showing purchasing demand softening. This has...

Are Home Prices Softening or Are They Falling?

We are beginning to see reports that more housing inventory is coming to the market and that buyer demand may not be increasing at the...
Has Your Home Value Increased

How Much Has Your Home Value Increased?

Has Your Home Value Increased? Home values have risen dramatically over the last twelve months. In CoreLogic’s most recent Home Price Index Report, they revealed that national home prices have...
Normal Real Estate Market

Is the Real Estate Market Finally Getting Back to Normal?

The housing market has been anything but normal for the last eleven years. In a normal real estate market, home prices appreciate 3.7% annually. Below,...
Rising Home Prices

25% of Homes with a Mortgage are Now Equity Rich!

Rising home prices have been in the news a lot lately and much of the focus has been on whether home prices are accelerating too...
five year change in home prices

Home Prices: The Difference 5 Years Makes

CoreLogic recently released their Home Price Index Report. One of the key indicators used in the report to determine the health of the housing market was home...
Thinking of selling

Thinking of Selling Your Home? You Must Act NOW!

Thinking of Selling? If you are thinking of selling your house this year, now more than ever may be the time to do it! The...
Are homebuyers starting to hit the pause button?

Are Homebuyers Starting to Hit the ‘Pause’ Button?

For the last several years, buyer demand has far exceeded the housing supply available for sale. This low supply and high demand have led to...

Home Prices Have Appreciated 6.9% in 2018

Between 1987 and 1999, which is often referred to as the ‘Pre-Bubble Period,’ home prices grew at an average of 3.6% according to the Home...

NAR Reports Show It’s A Great Time to Sell!

We all realize that the best time to sell anything is when the demand for that item is high and the supply of that item...