Monthly Archives: September 2016

    • 50% of Houses sold in 36 Days or Less in July [INFOGRAPHIC]

      Some Highlights:

      • The National Association of REALTORS surveyed their members for their Confidence Index
      • The REALTORS Confidence Index is a key indicator of housing market strength based on a monthly survey sent to over 50,000 real estate practitioners. Practitioners are asked about their expectations for home sales, prices and market conditions.
      • Homes sold in less than 60 days in 38 out of 50 states and Washington D.C.
      • Homes sold in less than 30 days in 17 states
      Written by Keeley Ryan
    • The Cost of NOT Owning Your Home

      Owning a home has great financial benefits. Because of this, more and more experts are growing concerned about the ramifications of a falling homeownership rate. Today, let’s look at the financial reasons why owning a home of your own has been a part of the American Dream for as long as America has existed.
      Written by Keeley Ryan
    • Mortgage Standards Easing TOO MUCH? NO!!

      There is no doubt that getting a mortgage is easier today than it was right after the housing crash a decade ago. However, the easing of credit availability has led to some questioning of whether or not we are headed for another housing crisis.
      Written by Keeley Ryan
    • Why Getting Pre-Approved Should Be Your First Step

      In many markets across the country, the amount of buyers searching for their dream homes greatly outnumbers the amount of homes for sale. This has led to a competitive marketplace where buyers often need to stand out. One way to show you are serious about buying your dream home is to get pre-qualified or pre-approved for a mortgage before starting your search.
      Written by Keeley Ryan
    • Interest Rates Remain at Historic Lows… But for How Long?

      The interest rate you pay on your home mortgage has a direct impact on your monthly payment; The higher the rate, the greater your payment will be. That is why it is important to look at where the experts believe rates are headed when deciding to buy now or wait until next year.
      Written by Keeley Ryan
    • Home Prices Up 5.61% Across The Country! [INFOGRAPHIC]

      Some Highlights:

      • The Federal Housing Finance Agency (FHFA) recently released their latest Quarterly Home Price Index report.
      • In the report, home prices are compared both regionally and by state.
      • Based on the latest numbers, if you plan on relocating to another state, waiting to move may end up costing you more!
      • Vermont was the only one state where home prices are actually lower than they were last year.
      Written by Keeley Ryan
    • New Construction Numbers: Now Versus 2005

      There is some thinking that the pace of the housing recovery is unsustainable and that we may be heading for another housing bubble. However, Jonathan Smoke, the Chief Economist of realtor.com explains the basic difference between 2005 and today:
      Written by Keeley Ryan
    • Is the Current Pace of Home Sales Sustainable?

      There are some experts questioning whether the current pace of residential home sales is sustainable. Are too many people buying homes like in 2004-2006? Are we headed for another housing crisis? Actually, if we look closely at the numbers, we can see that we are looking at a very healthy real estate market.
      Written by Keeley Ryan
    • 5 Reasons to Sell This Fall

      School is back in session, the holidays are right around the corner, you might not think that now is the best time to sell your house. But with inventory below historic numbers and demand still strong, you could be missing out on a great opportunity for your family.
      Written by Keeley Ryan
    • 14,767 Homes Sold Yesterday… Did Yours?

      There are some homeowners that have been waiting for months to get a price they hoped for when they originally listed their house for sale. The only thing they might want to consider is... If it hasn't sold yet, maybe it's not priced properly.
      Written by Keeley Ryan