Skip To Content

Monthly Archives: September 2018

    Should I Buy Now? Or Wait Until Next Year? [INFOGRAPHIC]

    By Keeley Ryan | September 28, 2018

    Some Highlights: The cost of waiting to buy is defined as the additional funds it would take to buy a home if prices & interest rates were to increase over a period of time. Freddie Mac predicts interest rates to rise to 5.2% by the third quarte... Read More

    Are Home Prices Softening or Are They Falling?

    By Keeley Ryan | September 27, 2018

    We are beginning to see reports that more housing inventory is coming to the market and that buyer demand may not be increasing at the same pace it did earlier this year. The result will be many headlines written to address the impact that these two situations will have on home values. Many of these... Read More

    The Cost of NOT Paying PMI

    By Keeley Ryan | September 26, 2018

    Saving for a down payment is often the biggest hurdle for a first-time homebuyer as median incomes, rents, and home prices all vary depending on where you live. There is a common misconception among homebuyers that a 20% down payment is required, and it is this limiting belief that often adds months, and sometimes even... Read More

    Where Are Mortgage Interest Rates Headed In 2019?

    By Keeley Ryan | September 25, 2018

    The interest rate you pay on your home mortgage has a direct impact on your monthly payment; the higher the rate, the greater the payment will be. That is why it is important to know where rates are headed when deciding to start your home search. Below is a chart created using Freddie Mac’s U.S. Economic... Read More

    How Much Has Your Home Increased in Value?

    By Keeley Ryan | September 24, 2018

    Home values have risen dramatically over the last twelve months. In CoreLogic’s most recent Home Price Index Report, they revealed that national home prices have increased by 6.2% year-over-year. CoreLogic broke down appreciation even further into four price ranges, giving us a more detailed view than if we had simply looked at the year-over-year increases in national median home price. The... Read More

    4 Reasons to Sell This Fall [INFOGRAPHIC]

    By Keeley Ryan | September 21, 2018

    Some Highlights: Housing inventory is still under the 6-month supply that is needed for a normal housing market. Buyers are often competing with one another for the listings that are available. Perhaps the time has come for you and your family to m... Read More

    Is the Real Estate Market Finally Getting Back to Normal?

    By Keeley Ryan | September 20, 2018

    The housing market has been anything but normal for the last eleven years. In a normal real estate market, home prices appreciate 3.7% annually. Below, however, are the price swings since 2007 according to the latest Home Price Expectation Survey: After the bubble burst in June 2007, values depreciated 6.1% annually until February 2012. From... Read More

    25% of Homes with a Mortgage are Now Equity Rich!

    By Keeley Ryan | September 19, 2018

    Rising home prices have been in the news a lot lately and much of the focus has been on whether home prices are accelerating too quickly, as well as how sustainable the growth in prices really is. One of the often-overlooked benefits of rising prices, however, is the impact that they have on a homeowner’s... Read More

    Home Prices: The Difference 5 Years Makes

    By Keeley Ryan | September 18, 2018

    CoreLogic recently released their Home Price Index Report. One of the key indicators used in the report to determine the health of the housing market was home price appreciation. CoreLogic focused on appreciation from July 2013 to July 2018 to show how prices over the last five years have fared. The graph below was created to show the... Read More

    If You Are Thinking of Selling? You Must Act NOW!

    By Keeley Ryan | September 17, 2018

    If you thought about selling your house this year, now more than ever may be the time to do it! The inventory of homes for sale is well below historic norms and buyer demand is skyrocketing. We were still in high school when we learned about the concept of supply and demand, so we understand that the... Read More