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Oct. 6, 2019

3 Signs the Housing Market Is on the Rebound

3 Signs the Housing Market Is on the Rebound | Simplifying The Market

The residential real estate market has been plodding along for most of the year. However, three recent reports show the market may be on the verge of a rebound.

 

1. Existing Home Sales (closed sales) are up, marking two consecutive months of growth.

 

2. Pending Home Sales (contracts ...

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Aug. 26, 2019

Experts Predict a Strong Housing Market for the Rest of 2019

Experts Predict a Strong Housing Market for the Rest of 2019 | Simplifying The Market

We’re in the back half of the year, and with a decline in interest rates as well as home price and wage appreciation, many are wondering what the predictions are for the remainder of 2019.

 

Here’s what some of the experts have to say:

Ralph McLaughlin, Deputy Chief Economist ...

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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 12, 2019

4 Tips to Sell Your Home Faster

4 Tips to Sell Your Home Faster | Simplifying The Market

Since June of last year, we have seen an increase in the inventory of homes for sale month per month. Every spring and summer, the inventory increases because people want to sell their home. For those with children, they may want to be in their new home for the beginning ...

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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 16, 2019

A Tale of Two Markets [INFOGRAPHIC]

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 ...
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May 16, 2019

4 Tips for Making a Competitive Offer

So, you’ve been searching for that perfect house to call ‘home,’ and you’ve finally found it! The price is right, and in such a competitive market, you want to make sure you make a good offer so that you can guarantee that your dream of making this house yours ...

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May 16, 2019

What is Really Happening with Home Prices?

Home values have softened over the last twelve months. We are no longer seeing 6-7% annual appreciation levels for the national housing market. The current numbers are closer to 4%. Some have suggested that year-over-year appreciation levels could fall to 3% or less this year.

 

However, a stronger-than-expected economy ...

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May 7, 2019

Your Fabulous New Dream Home is Now Available

Your Fabulous New Dream Home is Now Available |Simplifying The Market

Over the last several years, many “baby boomers” have undergone a metamorphosis. Their children have finally moved out and they can now dream about their own future. For many, a change in lifestyle might necessitate a change in the type of home they live in.

 

That two-story, four-bedroom colonial ...

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April 14, 2019

Slaying the Largest Homebuying Myths Today [INFOGRAPHIC]

Slaying the Largest Homebuying Myths Today [INFOGRAPHIC] | Simplifying the Market

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 ...
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