Christian Penner | My Real Estate Blog

Homeownership Offers Stability & Wealth CreationThe most recent Housing Pulse Survey released by the National Association of Realtors revealed that the two major reasons Americans prefer owning their own home instead of renting are: They want the opportunity to build equity. They want a stable an...

  Send to a Friend   Follow Me On: Mortgage Market Guide: Job Growth Jumps. Wage Growth Weakens.    In This Issue           Last Week in Review: While more Americans found jobs in January, they still may be looking to add more to their paychecks. Forecast for the Week: Markets may take a breather...

Lack of Homes for Sale Slowing Down the Housing MarketThe housing crisis is finally in the rear-view mirror as the real estate market moves down the road to a complete recovery. Home values are up. Home sales are up. Distressed sales (foreclosures and short sales) have fallen dramatically. It see...

Lifestyle Shift Could Open North Palm Beach Investment OpportunityWhen you recall how thoroughly public confidence was shaken during that last financial meltdown, you probably also remember how reluctant most people were to presume that North Palm Beach real estate values would rebound anytime so...

Buyer Demand Is Outpacing the Supply of Homes for SaleThe price of any item is determined by the supply of that item, as well as the market demand. The National Association of REALTORS (NAR) surveys “over 50,000 real estate practitioners about their expectations for home sales, prices and market ...

Facts Argue Why Jupiter Listing Now Might be ShrewdIf this is going to be a year of upsets, the rules for when Jupiter listings are best initiated might be primed to fly out the window. There’s no guarantee that 2017’s Jupiter listing performance will bend the rules, but if the National Associati...

  Send to a Friend   Follow Me On: Mortgage Market Guide: Report Card in for 2016 Housing, GDP    In This Issue           Last Week in Review: Housing gets an “A” for effort, while GDP did not meet expectations. Forecast for the Week: Jobs and the Fed will dominate a heavy week of data. View: How...

Sales at Highest Pace in 10 Years! [INFOGRAPHIC]Highlights: 45 million existing homes were sold in 2016! This is the highest mark set since 2006. Inventory of existing homes for sale dropped to a 3.6-month supply, the lowest level since NAR began tracking in 1999. The median price of homes sold i...

Thinking of Selling? Why Now is the TimeIt is common knowledge that a large number of homes sell during the spring-buying season. For that reason, many homeowners hold off on putting their homes on the market until then. The question is whether or not that will be a good strategy this year.The ot...

Buying a Home is More Affordable Than Renting in 66% of US CountiesAccording to ATTOM Data Solutions’ 2017 Rental Affordability Report, buying a home is more affordable than renting in 354 of the 540 U.S. counties they analyzed.The report found that “making monthly house payments on a median-pric...