What is the Best Investment for Americans?

by Rita George | Dec 5, 2019 | Buyers, Housing Market Updates

Some are reporting that there is trepidation regarding the real estate market in the United States. Apparently, the American people are quite comfortable. Porch.com, a major network helping homeowners with their renovation projects, recently conducted a survey which...

Buyers Are Looking For Your Home [INFOGRAPHIC]

by Rita George | Nov 29, 2019 | Buyers, Housing Market Updates

Some Highlights: Existing Home Sales are currently at an annual pace of 5.46 million. The inventory of existing homes for sale remains below the 6 months needed for a normal market and is now at a 3.9-month supply. Inventory remains low due to high demand from buyers...

The Cost Across Time [INFOGRAPHIC]

by Rita George | Nov 22, 2019 | Housing Market Updates

Some Highlights: With interest rates around 3.66%, now is a great time to look back at where they’ve been over the past few decades. Comparatively, they’re pretty low! According to Freddie Mac, rates are projected to increase to 3.9% by this time next year. The impact...

How Long Can This Economic Recovery Last?

by Rita George | Nov 21, 2019 | Housing Market Updates

The economy is currently experiencing the longest recovery in our nation’s history. The stock market has hit record highs, while unemployment rates are at record lows. Home price appreciation is beginning to reaccelerate. This begs the question: How long can this...

The Cost of Renting vs. Buying a Home [INFOGRAPHIC]

by Rita George | Nov 15, 2019 | Buyers, Housing Market Updates

Some Highlights: Historically, the choice between renting and buying a home has been a tough decision. Looking at the percentage of income needed to rent a median-priced home today (27.7%) vs. the percentage needed to buy a median-priced home (17.5%), the choice is...

This is Not 2008 All Over Again: The Mortgage Lending Factor

by Rita George | Nov 14, 2019 | Buyers, Housing Market Updates

Some are afraid the real estate market may be looking a lot like it did prior to the housing crash in 2008. One of the factors they’re pointing at is the availability of mortgage money. Recent articles about the availability of low-down payment loans and down payment...