Seniors Are on the Move in the Real Estate Market

by Rita George | Aug 21, 2019 | Buyers & Sellers, Housing Market Updates

Did you know August 21st is National Senior Citizens Day? According to the United States Census, we honor senior citizens today because,  “Throughout our history, older people have achieved much for our families, our communities, and our country. That remains true...

A Great Way to Increase Your Family’s Net Worth

by Rita George | Aug 19, 2019 | Buyers, Housing Market Updates

Every three years, the Federal Reserve conducts its Survey of Consumer Finances. Data is collected across all economic and social groups. The latest survey data covers 2013-2016. The study revealed that the median net worth of a homeowner is $231,400 – a 15% increase...

Busting the Myth About a Housing Affordability Crisis

by Rita George | Aug 15, 2019 | Buyers & Sellers, Housing Market Updates

It seems you can’t find a headline with the term “housing affordability” without the word “crisis” attached to it. That’s because some only consider the fact that residential real estate prices have continued to appreciate. However, we must realize it’s not just the...

The Benefits of Growing Equity in Your Home

by Rita George | Aug 14, 2019 | Buyers & Sellers, Housing Market Updates

Over the last couple of years, we’ve heard quite a bit about rising home prices. Today, expert projections still forecast continued growth, just at a slower pace. One of the often-overlooked benefits of rising home prices is the positive impact they have on home...

American Confidence in Housing at an All-Time High

by Rita George | Aug 12, 2019 | Housing Market Updates

Fannie Mae just released the July edition of their Home Purchase Sentiment Index (HPSI). The HPSI takes information regarding consumers’ confidence in the real estate market from Fannie Mae’s National Housing Survey and condenses it into a single number. Therefore,...

Existing Home Sales Point Toward a Good Time to Sell [INFOGRAPHIC]

by Rita George | Aug 2, 2019 | Housing Market Updates

Some Highlights: Existing Home Sales dropped 1.7% from May to a seasonally adjusted annual rate of 5.27 million in June. Low inventory levels are still a factor in the market. The current supply of homes for sale is at 4.4 months, which is less than the optimal...