93% Believe Homeownership Is Important in Attaining the American Dream Americans continue to believe that homeownership is important in achieving the American Dream. A recent survey by NeighborWorks America reported that: “Owning a home remains a core element of the American Dream.” When asked “H
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01/11/2018
FICO® Scores on Approved Home Loans Drop Again According to Ellie Mae’s latest Origination Report, the average FICO® Score on all closed loans dropped to 722 which is its lowest mark since April. The average includes all approved refinance and purchase loans. FHA and VA loans showed the most oppo
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01/10/2018
The Impact of Tight Inventory on the Housing Market The housing crisis is finally in the rearview mirror as the real estate market moves down the road to a complete recovery. Home values are up, home sales are up, and distressed sales (foreclosures and short sales) have fallen to their lowest poi
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01/09/2018
712,000 Homes in the US Regained Equity in the Past 12 Months! CoreLogic’s latest Equity Report revealed that “over the past 12 months, 712,000 borrowers moved into positive equity.” This is great news, as the share of homeowners with negative equity (those who owe more than their home is worth),
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01/08/2018
Time on the Market Drops to New Low in 2017 According to recently released data from the National Association of Realtors(NAR), the median amount of time a home spent on the market hit an all-time low of only three weeks in 2017. Strong buyer demand, a good economy, and a low inventory of new and
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01/04/2018
Buying or Selling in 2018? 5 Reasons to Resolve to Hire a Pro [INFOGRAPHIC] Some Highlights: As we usher in the new year, one thing is for certain… if you plan to buy or sell a house this year, you need a real estate professional on your team! There are many benefits to using a local professional
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01/03/2018
How Rising Prices Will Help You Build Family Wealth in 2018 Over the next five years, home prices are expected to appreciate on average by 3.35% per year and to grow by 24.34% cumulatively, according to Pulsenomics’ most recent Home Price Expectation Survey. So, what does this mean for homeowners
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01/03/2018
The Benefits of Homeownership Go Beyond the Financial Homeownership is a major part of the American Dream. As evidence of that, 91% of Americans believe that owning a home is either essential(43%) or important (48%) to achieving that “dream.” In a market where some people may be unsure
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01/03/2018
Top 5 Reasons You Shouldn’t FSBO In today’s market, with home prices rising and a lack of inventory, some homeowners may consider trying to sell their home on their own, known in the industry as a For Sale by Owner (FSBO). There are several reasons why this might not be a good idea for the vast
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12/28/2017
There’s More to a Bubble Than Rising Home Prices What truly causes a housing bubble and the inevitable crash? For the best explanation, let’s go to a person who correctly called the last housing bubble – a year before it happened. “A bubble requires both overvaluation based on fundamentals and sp
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12/28/2017
