Market Updates

Nov. 7, 2019

How to Determine If You Can Afford to Buy a Home

How to Determine If You Can Afford to Buy a Home

The gap between the increase in personal income and residential real estate prices has been used to defend the concept that we are experiencing an affordability crisis in housing today.

It is true that home prices and wages are two key elements in any affordability equation. There is, however, an ...

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Nov. 5, 2019

Thinking of Selling Your Home? The Waiting Is The Hardest Part.

Thinking of Selling Your Home? The Waiting Is The Hardest Part.

Tom Petty famously penned the words, “the waiting is the hardest part” in his early 80’s hit song The Waiting, and his thought process can surprisingly also be applied to individuals considering selling their homes today. Traditional thinking would suggest it may be best to wait until the spring ...

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Nov. 3, 2019

Taking the Fear Out of the Mortgage Process

Taking the Fear Out of the Mortgage Process

A considerable number of potential buyers shy away from the real estate market because they’re uncertain about the buying process – particularly when it comes to qualifying for a mortgage.

For many, the mortgage process can be scary, but it doesn’t have to be! 

In order to qualify in ...

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Oct. 30, 2019

Buying a home can be SCARY…Until you know the FACTS

Buying a home can be SCARY…Until you know the FACTS [INFOGRAPHIC] | Keeping Current Matters

Some Highlights:

Many potential homebuyers believe they need a 20% down payment and a 780 FICO® score to qualify to buy a home. This stops many people from even trying to jump into homeownership! Here are some facts to help take the fear out of the process:

  • 71% of buyers ...
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Oct. 29, 2019

Think Prices Have Skyrocketed? Look at Rents.

Think Prices Have Skyrocketed? Look at Rents.

Much has been written about how residential real estate values have increased since the housing market started its recovery in 2012. However, little has been shared about what has taken place with residential rental prices. Let’s shed a little light on this subject.

In the most recent Apartment Rent Report ...

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Oct. 26, 2019

Staging a Home for Sale: The Bathroom

 

Like your home’s heating and the weather, we only think twice about a bathroom when something’s off. When you’re getting ready to stage your home for sale, the bathroom is a room that surprisingly gets overlooked. Make sure your bathroom is set to shine with these staging tips!

Bathrooms ...

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Oct. 12, 2019

Top Priorities When Moving with Kids

 

Top Priorities When Moving with Kids

 

According to the Pew Research Center, around 37% of U.S students will be going back to school soon and the rest have already started the new academic year. With school-aged children in your home, buying or selling a house can take on a whole different approach when ...

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Oct. 8, 2019

What’s the Latest on Interest Rates?

 

What’s the Latest on Interest Rates?

Mortgage rates have fallen by over a full percentage point since Q4 of 2018, settling at near-historic lows. This is big news for buyers looking to get more for their money in the current housing market.What’s the Latest on Interest Rates? | Keeping Current MattersAccording to Freddie Mac’s Primary Mortgage Market Survey,

the 30-year fixed-rate mortgage ...

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Oct. 4, 2019

Experts Predict a Strong Housing Market for the Rest of 2019

 

Experts Predict a Strong Housing Market for the Rest of 2019

We’re in the back half of the year, and with a decline in interest rates as well as home price and wage appreciation, many are wondering what the predictions are for the remainder of 2019.

Here’s what some of the experts have to say:

Ralph McLaughlin, Deputy Chief ...

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Sept. 30, 2019

A Latte a Day Keeps Homeownership Away

A Latte a Day Keeps Homeownership Away [INFOGRAPHIC] | Keeping Current Matters