RECENT BLOG POSTS
You and your family have decided to sell your house. It is now time to choose a real estate professional to help with the process. One of the major attributes this agent must possess is trustworthiness. To what degree do you need to trust them?You must have enough trust in them that you feel comf...
09/25/2015
According to the latest Beracha, Hardin & Johnson Buy vs. Rent (BH&J) Indexhomeownership is a better way to produce greater wealth, on average, than renting.The BH&J Index is a quarterly report that attempts to answer the question:Is it better to rent or buy a home in today’s housing market?The i...
09/25/2015
Earlier this month, Fannie Mae’s Economic & Strategic Research Group announced the launch of their Home Purchase Sentiment Index (HPSI). The index will distill results fromFannie Mae’s consumer-focused National Housing Survey into a single, monthly, predictive indicator. According to Doug Duncan,...
09/22/2015
The National Association of Realtors (NAR) recently released their July edition of the Housing Affordability Index. The index measures whether or not a typical family earns enough income to qualify for a mortgage loan on a typical home at the national level based on the most recent price and inco...
09/22/2015
There are many young people debating whether they should renew the lease on their apartment or sign a contract to purchase their first home.Housing Cost & Net WorthWhether you rent or buy, you have a monthly housing cost.As a buyer, you are paying YOUR mortgage. Every mortgage payment is a form o...
09/15/2015
Last month, the National Association of Realtors (NAR) reported that housing inventory was down 4.7% from the same time last year and that the month’s inventory of homes for sale stood at 4.8 - far below the six months necessary for a normal housing market. Why is there such a shortage of invento...
09/14/2015
The FHFA released the 2nd Quarter Home Price Index for 2015. Looking at the breakdown regionally, year-over-year, prices are up across the country. We always like to give you the regional outlook so you can compare different areas of the country.Breaking down prices by state, we can see that the ...
09/13/2015
If you are debating purchasing a home right now, you are surely getting a lot of advice. Though your friends and family will have your best interest at heart, they may not be fully aware of your needs and what is currently happening in real estate.Let’s look at whether or not now is actually a go...
09/11/2015
There is no doubt that home prices in the vast majority of housing markets across the country are continuing to increase on a month over month basis.These increases in value have caused some to be concerned about a new price bubble forming in residential real estate. Here are quotes from many of ...
09/11/2015
Each month, Quicken Loans releases their national Home Price Perception Index (HPPI). This month’s report revealed that the difference in appraiser home value opinions as compared to homeowner estimates is continuing to increase. Chief Economist Bob Walters explains: "Many homeowners around the c...
09/02/2015
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