Monthly Archives: August 2016

Home Values: DEFINITELY NOT in Bubble Range!!

There are some industry pundits claiming that residential home values have risen too quickly and that current levels are on the verge of another housing bubble. It is easy to see how this thinking has taken form if we look at a graph of home prices from 2000 to today.   The graph definitely looks […]

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How Scary is the Housing Affordability Index?

Some industry pundits are saying that the housing market may be heading for a slowdown. One of the data points they use is the falling numbers of the But, wait a minute… Though the index has decreased over the last four years, we must realize that at that time there was an overabundance of housing […]

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‘Old Millennials’ Are Diving Head-First into Homeownership [INFOGRAPHIC]

    Some Highlights: ‘Old Millennials’ are defined as 25-36 year olds according to the US Census Bureau. According to NAR’s latest Profile of Home Buyers & Sellers, the median age of all first-time home buyers is 31 years old. More and more ‘Old Millennials’ are realizing that homeownership is within their reach now! …read […]

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How Do Rising Prices Impact Your Home Equity?

Yesterday, we shared the Since the experts predict that home prices will increase by 4.5% this year alone, the young homeowners will have gained over $11,000 in equity in just one year. Over a five-year period, their equity will increase by over $46,000! This figure does not even take into account their monthly principal mortgage […]

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What States Give You the Most ‘Bang for Your Buck’? [INFOGRAPHIC]

    Some Highlights: Thinking of moving across the country? How far will your money take you? The majority of states in the Midwest and South offer a lower cost of living compared to Northeast and Western states. The ‘Biggest Bang for your Buck’ comes in Mississippi where, compared to the national average, you can […]

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Real Estate Values Today Compared to Pre-2008 Peak

This housing market has many people talking about home values; where they are and where they are headed. It’s also interesting to look back and see how home prices compare to values prior to the housing crisis.   Every quarter, Freddie Mac releases their …read more

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Do You Know the Impact Your Interest Rate Makes? [INFOGRAPHIC]

  Some Highlights: Interest rates have come a long way in the last 30 years. The interest rate you secure directly impacts your monthly payment and the amount of house that you can afford if you plan to stay within a certain budget. Interest rates are at their lowest in years… RIGHT NOW! If buying […]

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New Home Sales Up 25.4% Last Month!

According to the latest Census Bureau Report, sales of newly constructed homes soared to new heights in June to a seasonally adjusted rate of 592,000. This marks the highest annual rate in 8 years. Trulia’s Chief Economist, Ralph McLaughlin had this to One of the many reasons why many homeowners turn to the new homes […]

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