National Real Estate News

There has been quite a bit of press about how Millennials are the first generation to abandon the traditional American aspiration to own their own home.  Several reports and surveys from reputable sources refute that position. Why is this so important? Millennials (as you are likely aware) are the biggest American generation so far and [...]

So, your buyer got your home appraised and WHAM, it seems to have come in "way under value".  Maybe it didn't. With the hot market we've been in for the last couple of years, it's understandable that you would expect your home value to be considerably higher than it was in the past.  The truth is [...]

The housing market has made a strong recovery, not only in sales and prices, but also in the confidence of consumers and experts as an investment. In a New York Times editorial entitled, “Homeownership and Wealth Creation” they explain: “Homeownership long has been central to Americans’ ability to amass wealth; even with the substantial decline in wealth [...]

There are many benefits to homeownership. One of the top ones is being able to protect yourself from rising rents and lock in your housing cost for the life of your mortgage. The National Association of Realtors (NAR) released their findings of a study in which they studied “income growth, housing costs and changes in [...]

We are almost back to ‘pre-housing crash’ home prices. The inventories of distressed properties (foreclosures & short sales) are nearly gone and the economy is improving. Job numbers are headed in the right direction. The big question that still remains: Have Americans regained their confidence in real estate as a worthy investment? According to a [...]

People often ask us "Is now is a good time to buy a home?" Strangely, no one ever asks "Is now a good time to rent?" We think that this post will clear up both questions. If you are currently renting with no plans to buy, you might want to check out the chart below.  The [...]

There is more real estate information available today in the news and on the internet than is useful for most people. If you find yourself confused, you're not alone. If you are thinking of buying or selling, you need a professional who can help make sense of this rapidly evolving and noisey housing market. If you're [...]

In today’s market, where demand is outpacing supply in many regions of the country, pricing a house is one of the biggest challenges real estate professionals face. Sellers often want to price their home higher than recommended, and many agents go along with the idea to keep their clients happy. However, the best agents realize [...]

As the summer heats up, so can our real estate market.  Here are five reasons that you should consider listing your house for sale sooner, rather than later. 1. Strong Buyer Demand The latest foot traffic numbers (the actual amount of people out physically looking at property)  show significantly more prospective purchasers currently looking at homes [...]

The fact that residential home prices are increasing substantially in most regions of the country is music to the ears of homeowners. However, if you are in the process of selling your home, make sure you realize the major challenge a hot real estate market creates. Each house must be sold twice; once to a [...]