There’s quite a bit going on in the world right now—impeachment hearings, Brexit, tensions with Iran, trade issues with China and, more recently, the coronavirus. If you’re thinking of buying or selling a home this year, you may be wondering what effect, if any, these domestic and global events can have on real estate. Here … Continue reading What Effect Do World Events Have on the U.S. Housing Market?
More than halfway through 2019, for those of you who are thinking of buying or selling a home this year, you might be wondering how the real estate market has shaped up so far this year.
Dear Friends, The real estate market is very attractive for homeowners right now. Housing inventory is down, prices are rising and, while mortgage rates remain low, they will likely grind higher through 2018. As you know, real estate is very similar to the stock market in that you’d like to “buy low and sell high”. … Continue reading Demand is Rising for Properties Like Yours!
Here are four great reasons to consider buying a home today instead of waiting. 1. Prices Will Continue to Rise CoreLogic’s latest Home Price Index reports that home prices have appreciated by 7.0% over the last 12 months. The same report predicts that prices will continue to increase at a rate of 4.7% over the … Continue reading 4 Reasons to Buy a Home This Winter!
Brexit and the US Mortgage Market Mortgage rates have fallen to new lows as global investors turned to the 10-year Treasury note as a more stable investment. Affordability, in turn, has increased, with lower mortgage rates making it easier for move-up and first-timers to get into a new home. Similarly, international buyers, who might have … Continue reading Brexit Vote Drives Down Mortgage Rate
Current Trends -- Different from Last Year Where we are now: Prices are Leveling Off Inventory is Increasing Interest Rates have Decreased Slightly Activity is Returning to Seasonal Cycles List prices for homes in 2/3 of the largest metropolitan areas are cooling. In fact, they are falling, not just rising more slowly, in 11 of … Continue reading Current Trends — Different from Last Year
More Reasons to Sell Found in Understanding the Current Market These infographics illustrate the current US housing market trends: Long-Term Return on Investment continues to outpace the stock market: Mortgage Rates continue to reach historic lows, now at or below 3.75% The July 2012 S&P Case-Shiller chart below shows the 10- and 20-city indices. … Continue reading More Reasons to Sell Found in Understanding the Current Market