Housing Market Updates

July 28, 2019

The Surprising Profile of the Real Estate Investor

The Surprising Profile of the Real Estate Investor | Simplifying The Market

Over 10% of all residential homes are purchased by investors, and that number continues to rise. Who are these investors?

 

Many have speculated that the large institutional conglomerates such as Blackstone, American Homes 4 Rent, and Colony Starwood dominate investor purchases. However, a special report on investor home buying ...

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July 26, 2019

3 Powerful Reasons to Buy a Home Now

3 Powerful Reasons to Buy a Home Now | Simplifying The Market

Whether you are a first-time buyer or looking to move up to the home of your dreams, now is a great time to purchase a home. Here are three major reasons to buy today.

 

 

1. Affordability

Many people focus solely on price when talking about home affordability. Since ...

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July 26, 2019

Home Prices Up 5.05% Across the Country [INFOGRAPHIC]

Home Prices Up 5.05% Across the Country [INFOGRAPHIC] | Simplifying The Market

Home Prices Up 5.05% Across the Country [INFOGRAPHIC] | Simplifying The Market

Some Highlights:

  • The Federal Housing Finance Agency (FHFA) recently released their latest Quarterly Home Price Index report.
  • In the report, home prices are compared both regionally and by state.
  • Based on the latest numbers, if you plan on relocating to another state, waiting to move may end up costing you ...
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July 21, 2019

Should I Refinance My Home?

Should I Refinance My Home? | Simplifying The Market

With the recent lower interest rates, many homeowners are wondering if they should refinance.

 

To decide if refinancing is the best option for your family, start by asking yourself these questions:

 

Why do you want to refinance?

There are many reasons to refinance, but here are three of ...

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July 21, 2019

What a Difference a Year Makes for Sellers

What a Difference a Year Makes for Sellers | Simplifying The Market

Over the last few years, many sellers have been hesitant to put their houses on the market because they feared not being able to find another home to buy.

 

We’ve reported on inventory shortages in the past, and it’s been a constant concern for potential buyers throughout recent years ...

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July 12, 2019

Americans’ Powerful Belief in Homeownership as an Investment

American’s Powerful Belief in Homeownership as an Investment | Simplifying The Market

The Federal Reserve Bank (The Fed) recently released their 2019  Survey of Consumer Expectations Housing Survey. The survey reported that 65% of Americans believe homeownership is a good financial investment. Since 2014, the percentage has increased by over nine percent.

Americans' Powerful Belief in Homeownership as an Investment | Simplifying The Market

The Fed’s survey also showed that when the results are ...

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July 4, 2019

Americans Rank Real Estate Best Investment for 6 Years Running! [INFOGRAPHIC]

Americans Rank Real Estate Best Investment for 6 Years Running! [INFOGRAPHIC] | Simplifying The Market

Some Highlights:

  • Real estate has outranked stocks/mutual funds, gold, savings accounts/CDs, and bonds as the best long-term investment among Americans for the last 6 years.
  • Stock owners are more positive about real estate than stocks as an investment.
  • Of the 4 listed, real estate is the only investment ...
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July 4, 2019

Top 5 Reasons You Should NOT FSBO

Top 5 Reasons You Should NOT FSBO | Simplifying The Market

Rising home prices coupled with a lack of inventory in today’s market may cause some homeowners to consider selling their home on their own (known in the industry as a For Sale By Owner). However, a FSBO might not be a good idea for the vast majority of sellers.

  ...

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July 4, 2019

Millennials Are Increasing the Demand for Condominiums

Millennials Are Increasing the Demand for Condominiums | Simplifying The Market

When deciding to buy a home, people are presented with many different options. The type of home you buy depends on your needs, budget, and in many cases, the desired maintenance level. For many millennials, their choice has been buying a condominium!

 

According to CoreLogic,

 

“Last year about ...

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July 4, 2019

Is Mortgage Debt out of Control?

Is Mortgage Debt out of Control? | Simplifying The Market

The housing crisis of the last decade was partially caused by unhealthy levels of mortgage debt. Homeowners were using their homes as ATMs by refinancing and swapping their equity for cash.

 

 

When prices started to fall, many homeowners found themselves in a negative equity situation (where their mortgage ...

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