A Tale of Two Markets [INFOGRAPHIC]

Posted Posted in First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Infographics, Move-Up Buyers, Pricing

Some Highlights: An emerging trend for some time now has been the difference between available inventory and demand in the premium and luxury markets and that in the starter and trade-up markets and what those differences are doing to prices! Inventory continues to rise in the luxury and premium home markets which is causing prices […]

The Cost of Renting vs. Buying This Spring [INFOGRAPHIC]

Posted Posted in First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Infographics, Move-Up Buyers, Rent vs. Buy

Some Highlights: Historically, the choice between renting or 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 becomes obvious. Every market is different. Before you renew your lease again, find […]

Existing Home Sales Slow to Start Spring [INFOGRAPHIC]

Posted Posted in First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Infographics, Move-Up Buyers

Some Highlights: Existing Home Sales slowed to an annual pace of 5.21 million home sales in March. Low inventory levels are still impacting home sales! The current month’s supply of homes for sale is 3.9-months. Median home prices were up 3.8% over last March at $259,400. This marked the 85th consecutive month with year-over-year price […]

5 Reasons Why Millennials Buy a Home [INFOGRAPHIC]

Posted Posted in First Time Home Buyers, For Buyers, For Sellers, Infographics, Millennials, Move-Up Buyers

Some Highlights: “The majority of millennials said they consider owning a home more sensible than renting for both financial and lifestyle reasons — including control of living space, flexibility in future decisions, privacy and security, and living in a nice home.” The top reason millennials choose to buy is to have control over their living […]

Slaying the Largest Homebuying Myths Today [INFOGRAPHIC]

Posted Posted in Buying Myths, Down Payments, First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Infographics, Interest Rates, Move-Up Buyers, Pricing, Rent vs. Buy

Some Highlights: The average down payment for first-time homebuyers is only 6%! Mortgage interest rates have been on the decline since November! Hop in now to lock in a low rate! 88% of property managers raised their rents in the last 12 months! The average credit score on approved loans continues to fall across many […]

Your Home’s Spring Maintenance Checklist [INFOGRAPHIC]

Posted Posted in First Time Home Buyers, For Buyers, For Sellers, Infographics, Move-Up Buyers

Some Highlights: Every spring, your home needs some extra TLC! Whether you plan on selling your home this spring or not, conducting this maintenance will help ensure your home functions well for the rest of the year. Your real estate agent will have a list of specific suggestions for getting your house ready for market […]

Don’t Let Your Luck Run Out! Buy A Home This Spring [INFOGRAPHIC]

Posted Posted in First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Infographics, Interest Rates, Move-Up Buyers

Some Highlights: Interest Rates for a 30-year fixed rate mortgage have dropped to 4.41% from near 5% in 2018. Take advantage of more inventory coming to market in the spring to find your dream home! Buying now will allow you to start earning equity today! Content previously posted on Keeping Current Matters