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84% of Americans Believe Buying a Home is a Good Financial Decision

84% of Americans Believe Buying a Home is a Good Financial Decision

  According to the National Association of Realtors®’ 2017 National Housing Pulse Survey, 84% of Americans now believe that purchasing a home is a good financial decision. This is the highest percentage since 2007 – before the housing crisis. Those survey

Aug 01, 2017 |

The Importance of Home Equity in Retirement Planning

The Importance of Home Equity in Retirement Planning

 We often discuss the difference in family wealth between homeowner households and renter households. Much of that difference is the result of the equity buildup that homeowners experience over the time that they own their home. In a report recently relea

Jul 27, 2017 |

Pre-Approval Should Always Be Your First Step

Pre-Approval Should Always Be Your First Step

 In many markets across the country, the number 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 abou

Jul 19, 2017 |

The Supply & Demand Problem Plaguing New Construction

The Supply & Demand Problem Plaguing New Construction

Many real estate economists have called on new home builders to ramp up production to help relieve the shortage of inventory of homes for sale throughout the United States. The added inventory would no doubt aid buyers in their search to secure their drea

Jul 11, 2017 |

2 Myths Holding Back Home Buyers

2 Myths Holding Back Home Buyers

 In Realtor.com’s recent article, “Home Buyers’ Top Mortgage Fears: Which One Scares You?” they mention that “46% of potential home buyers fear they won’t qualify for a mortgage to the point that they don’t even try.” Myth #1: “I Need a 20% Down Payment” 

Jul 06, 2017 |

"Lopsided Conditions" Dragging Down Pending Home Sales

  Pending home sales failed to rise as expected in May, the third straight month that measure has declined.  The National Association of Realtors'® (NAR's) Pending Home Sale Index (PHSI) dipped 0.8 percent compared to April, on top of a 1.3 percent downtu

Jun 30, 2017 |