Housing Market Updates

Dec. 4, 2018

24% of Renters Believe Winter is the Best Time to Buy a Home

24% of Renters Believe Winter is the Best Time to Buy a Home | Simplifying The Market

In real estate, the spring is often seen as the ideal time to buy or sell a house. The term “Spring Buyer’s Season” exists for a reason, as renters and those looking to move on from their current home thaw out from the winter and hit the market ready to ...

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Dec. 4, 2018

Further Proof It’s NOT 2008 All Over Again

Further Proof It’s NOT 2008 All Over Again | Simplifying The Market

Home sales numbers are leveling off, the rate of price appreciation has slowed to more historically normal averages, and inventory is finally increasing. We are headed into a more normal housing market.

 

However, some are seeing these adjustments as red flags and are suggesting that we are headed back ...

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Dec. 4, 2018

Homeowners Aged 65+ Have 48x More Net Worth Than Renters

Homeowners Aged 65+ Have 48x More Net Worth Than Renters | Simplifying The Market

Every three years, the Federal Reserve conducts their Survey of Consumer Finances in which they collect data across all economic and social groups. Their latest survey data covers responses from 2013-2016.

 

The study revealed that the median net worth of a homeowner was $231,400 – a 15% increase ...

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Sept. 6, 2018

Why are Existing Home Sales Down?

Why are Existing Home Sales Down? | Simplifying The Market

The latest Existing Home Sales Report issued by the National Association of Realtors (NAR) revealed that home sales have decreased for four consecutive months and are at their slowest pace in over two years. This has some industry leaders puzzled considering the fact that the economy is strengthening, unemployment is ...

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Sept. 6, 2018

Top 3 Myths About Today’s Real Estate Market

Top 3 Myths About Todayâ??s Real Estate Market | Simplifying The Market

There are many conflicting headlines when it comes to describing today’s real estate market. Some are making comparisons to the market we experienced 10 years ago and are starting to believe that we may be doomed to repeat ourselves. Others are just plain wrong when it comes to what it ...

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Aug. 28, 2018

Home Sales Expected to Continue Increasing in 2019

Freddie Mac, Fannie Mae, and the Mortgage Bankers Association are all projecting that home sales will increase nicely in 2019. Below is a chart depicting the projections of each entity for the remainder of 2018, as well as for 2019.

Home Sales Expected to Continue Increasing in 2019 | Simplifying The Market

As we can see, Freddie Mac, Fannie Mae, and the ...

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