Posts Tagged ‘selling a home’
A Homeowner’s Net Worth Is 40x Greater Than a Renter’s
One of the best ways to build your family’s financial future is through homeownership. Recent data from the Federal Reserve indicates the net worth of a homeowner is actually over 40 times greater than that of a renter. Maybe it’s time to start thinking about buying a home, especially with such low interest rates! Every three years the Survey…
Read More2020 Forecast Shows Continued Home Price Appreciation
Questions continue to rise around where home prices will head in 2020. The latest forecast from CoreLogic shows continued appreciation at 5.4% over the next year: Additionally, ARCH Mortgage Insurance Company in their current Housing and Mortgage Market Review revealed their latest ARCH Risk Index, which estimates the probability of home prices being lower in two years. Based on the most recent results, 32…
Read MoreLack of Inventory Slowing Home Sales
Some Highlights: The National Association of Realtors (NAR) recently released their latest Existing Home Sales Report. First-time homebuyers made up 31% of all sales in August. Homes are selling quickly with 51% of homes on the market for less than a month. A limited supply continues to drive up prices for the 66th consecutive…
Read MoreThe Home Selling Roadmap
Start with the Right Real Estate Agent The first step is picking the right agent, someone who knows your area, current market trends, and someone that you will click with personality wise. Your agent should be able to provide you with current sales data as well as recently sold comparative homes to guide…
Read More