Housing Market Updates

June 14, 2019

Time for Your Dream Home, Gen X!

Time for Your Dream Home, Gen X! | Simplifying The Market

During the housing market crash, Gen X homeowners lost more wealth than other generations. However, things are changing now! A strong economy, increasing home prices, and the recovery of the housing market are helping this generation to regain their lost wealth.

 

According to Pew Research Center,

 

“Their fortunes ...

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June 14, 2019

3 Things to Know in the Housing Market Today!

3 Things to Know in the Housing Market Today! | Simplifying The Market

A lot is happening in the world, and it’s having a direct impact on the housing market. The reality is this: some of it is positive and some of it may be negative. Some we just don’t know yet.

 

 

The following three areas of the housing market are ...

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June 14, 2019

Renting or Owning, What Is Better for You?

¬Renting or Owning, What Is Better for You? | Simplifying The Market

In a real estate market where home prices are rising, many have begun to reexamine the idea of buying a home, choosing instead, to rent for a while. But often, there is a dilemma: should you keep paying rent, knowing that rent is rising too, or should you lock in ...

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June 14, 2019

2 Myths Holding Back Home Buyers

2 Myths Holding Back Home Buyers | Simplifying The Market

Freddie Mac recently released a report entitled, “Perceptions of Down Payment Consumer Research.” Their research revealed that,

 

 

“For many prospective homebuyers, saving for a down payment is the largest barrier to achieving the goal of homeownership. Part of the challenge for those planning to purchase a home ...

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June 6, 2019

What is Important to Boomers when Selling their House?

What is Important to Boomers when Selling their House? | Simplifying The Market

If you are a “baby boomer” (born between 1946 and 1964), you may be thinking about selling your current home. Your children may have finally moved out. Your large, four-bedroom house with three bathrooms no longer fits the bill. Taxes are too high. Utilities are too expensive. Cleaning and repair ...

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June 5, 2019

The Ultimate Truth about Housing Affordability

The Ultimate Truth about Housing Affordability | Simplifying The Market

There have been many headlines decrying an “affordability crisis” in the residential real estate market. While it is true that buying a home is less affordable than it had been over the last ten years, we need to understand why and what that means.

 

On a monthly basis, the ...

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June 1, 2019

Multigenerational Homes Are on the Rise

Multigenerational Homes Are on the Rise | Simplifying The Market

As loved ones start to get older, we start to wonder: how long will they be able to live alone? Will they need someone there to help them with daily life? There’s a reason to ask those questions now more than ever, as the average life expectancy in the U ...

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May 28, 2019

The Impact Staging Your Home Has On Your Sale Price [INFOGRAPHIC]

The Impact Staging Your Home Has On Your Sale Price [INFOGRAPHIC] | Simplifying The Market

Some Highlights:

  • The National Association of Realtors surveyed their members & released the findings of their Profile of Home Staging.
  • 62% of seller’s agents say that staging a home decreases the amount of time a home spends on the market.
  • 50% of staged homes saw a 1-10% increase in dollar-value ...
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May 28, 2019

2 Things You Need to Know to Properly Price Your Home

2 Things You Need to Know to Properly Price Your Home | Simplifying The Market

In today’s housing market, home prices are increasing at a slower pace (3.7%) than they have over the last eight years (6-7%). However, they are still are above historical norms. Low supply of listed homes and high demand from buyers has pushed prices to rise rapidly.

 

In the ...

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May 23, 2019

4 Most Popular Bottom Line Investments in America

4 Most Popular Bottom Line Investments in America | Simplifying The Market

Every year, Gallup surveys Americans to determine their choice for the best long-term investment. Respondents are given a choice between real estate, stocks, gold, and savings accounts.

 

For the sixth year in a row, real estate has come out on top as the best long-term investment! That has not ...

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