Some Highlights

• The “cost of waiting to buy” is defined as the additional funds necessary to buy a home if prices & interest rates were to increase over a period of time.
• Freddie Mac forecasts interest rates to rise to 4.5% by the Q4 2020.
• CoreLogic predicts home prices to appreciate by 4.8% over the next 12 months.
• If you are ready and willing to buy your dream home, find out if you are able to!

Some Highlights

• June is National Homeownership Month!
• Now is a great time to reflect on the many benefits of homeownership that go way beyond the financial.
• What reasons do you have to own your own home?

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• ATTOM Data Solutions conducted an analysis of more than 29 million single family home and condo sales over the past eight years to determine the top days to list your home for sale.
• The top five days to list your home brought in a 10% premium over market value and are all in either May or June!
• “Families start their home search when they know their kids will be out of school and when the weather is ideal for home viewing and moving, giving home sellers an upper hand in price negotiations.”
• There is still time to list your home before these dates pass you by!

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 to cool.
• Demand continues to rise with lower-than-normal inventory levels in the starter and trade-up home markets, causing prices to rise on a year-over-year basis for 85 consecutive months.

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 out if you can put your housing costs to work by buying this year!

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 gains.

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 space, at 93%.
• Many millennials who rent a home or apartment prior to buying their own homes dream of the day when they will be able to paint the walls whatever color they'd like or renovate an outdated part of their living space.

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 loan types!

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.
• If you need help finding professionals who can assist you with this checklist, we can provide you with a list of preferred contractors & vendors!

Some Highlights

• If you are thinking of buying a home, you may not know where to start.
• Here is a simple list of 10 steps that you will go through to purchase a home.
• Make sure to ask your agent for details about each step and what else may be required in your area!

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!

Some Highlights

• In the majority of the country, this weekend marks the start of Daylight Savings Time as we set our clocks forward an hour on Sunday at 2:00 AM EST.
• Whether you plan on buying or selling this spring, these tips could help you ‘spring ahead’ of your competition!
• Spring brings two things: more buyers & more sellers! Get prepared now to stand out in the crowd!

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 more!

Some Highlights

• Setting up an automatic savings plan that saves a small amount of every check is one of the best ways to save without thinking too much about it.
• Living within a budget right now will help you save money for down payments while also paying down other debts that might be holding you back.
• What are you willing to cut back on to make your dreams of homeownership a reality?

Some Highlights

• Every year United Van Lines conducts their National Movers Study by tracking their customer’s movement state-to-state over the course of the year.
• Vermont claimed the top spot of states with the highest percentage of inbound residents following a campaign that covered relocation costs for skilled workers who moved to the state.
• The most common response for why someone relocated to another state was for a new job or company transfer.

Highlights:

• Hiring a real estate professional to guide you through the process of buying a home or selling your house can be one of the best decisions you make!
• They are there for you to help with contracts, explaining the process, negotiations, and pricing (both when making an offer or setting the right price for your home).
• One of the top reasons to hire a real estate professional is their understanding of your local market and how the conditions in your neighborhood will impact your experience.

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Highlights:

• Watching the big game at home with your friends & family offers many advantages.
• There’s more room to entertain a large crowd, and you don’t have to worry about complaints to your landlord if you cheer too loudly!
• The kitchen is big enough to make as many appetizers as you want, and if some of your guests are only there to watch the commercials, they can do so on a different TV in another room!

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• For Sale By Owner (FSBO) is the process of selling real estate without the representation of a real estate broker or real estate agent.
• According to the National Association of Realtors’ Profile of Home Buyers & Sellers, 36% of homeowners who decided to FSBO last year did so to avoid paying a commission or fee. But, homes sold with an agent net 6% more than those sold as a FSBO according to Collateral Analytics!
• Before you decide to take on the challenges of selling your house on your own, let’s get together to discuss the advantages of having an agent on your side.

Some Highlights

• The cost of waiting to buy is defined as the additional funds it would take to buy a home if prices & interest rates were to increase over a period of time.
• Freddie Mac predicts interest rates to rise to 5.1% by the end of 2019.
• CoreLogic predicts home prices to appreciate by 4.8% over the next 12 months.
• If you are ready and willing to buy your dream home, find out if you are able to!

Some Highlights

• With interest rates still around 4.5%, now is a great time to look back at where rates have been over the last 40 years.
• Rates are projected to climb to 5.0% by this time next year according to Freddie Mac.
• The impact your interest rate makes on your monthly mortgage cost is significant!
• Lock in a low rate now while you can!

Some Highlights

• If you are planning on listing your house for sale this year, here are the top four home improvement projects that will net you the most Return on Investment (ROI).
• Minor bathroom renovations can go a long way toward improving the quality of your everyday life and/or impressing potential buyers.
• Upgrading your landscaping or curb appeal helps get buyers in the door. These upgrades rank as the 2nd and 4th best renovations for returns on investment.

Some Highlights

• ­Interest rates are projected to increase steadily throughout 2019, but buyers will still be able to lock in a rate lower than their parents or grandparents did when they bought their homes!
• Home prices will rise at a rate of 4.8% over the course of 2019 according to CoreLogic.
• All four major reporting agencies believe that home sales will outpace 2018!

Some Highlights

• Existing home sales are currently at an annual pace of 5.32 million and have increased on a monthly basis for the last two months.
• The inventory of existing homes for sale remains below the 6-months needed for a normal market and is now at a 3.9-month supply.
• Inventory remains low due to high demand from buyers who are still looking for houses to buy!

Some Highlights

• Buyer demand continues to outpace the supply of homes for sale which means that buyers are often competing with one another for the few listings that are available!
• Housing inventory is still under the 6-month supply needed to sustain a normal housing market.
• Perhaps the time has come for you and your family to move on and start living the life you desire.

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 to cool.
• Demand continues to rise with lower-than-normal inventory levels in the starter and trade-up home markets, causing prices to rise on a year-over-year basis for 80 consecutive months.