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Monthly Archives: August 2017

    Empty Nesters: Best to Remodel or Time to Sell?

    By Keeley Ryan | August 31, 2017

    Your children have finally moved out and you and your spouse now live alone in a four-bedroom colonial (or a similar type of house). You have two choices to make: Remodel your house to fit your current lifestyle and needs Sell your house and purchase the perfect home Based on the record of dollars spent... Read More

    Number of Buyers Putting Down Less Than 10% Hits 7-Year High

    By Keeley Ryan | August 30, 2017

    According to Black Knight Financial Service’s Mortgage Monitor Report, 1.5 million Americans have purchased a home with down payments under than 10% over the last 12 months. This is great news for buyers as this marks a 7-year high. Many mortgage programs offered by agencies like Freddie Mac and Fannie Mae allow buyers to put... Read More

    Where Are the Home Prices Heading in The Next 5 Years?

    By Keeley Ryan | August 29, 2017

    Today, many real estate conversations center on housing prices and where they may be headed. That is why we like the Home Price Expectation Survey. Every quarter, Pulsenomics surveys a nationwide panel of over one hundred economists, real estate experts, and investment & market strategists about where they believe prices are headed over the next five years. They... Read More

    Don’t Disqualify Yourself… 52% of Approved Loans Have A FICO® Score Under 750

    By Keeley Ryan | August 28, 2017

    The results of countless studies have shown that potential home buyers, and even current homeowners, have an inflated view of what is really required to qualify for a mortgage in today’s market. One such study by the Wharton School of Business at the University of Pennsylvania revealed that many millennials have not yet considered purchasing homes simply because... Read More

    Home Prices Up 6.64% Across the Country! [INFOGRAPHIC]

    By Keeley Ryan | August 25, 2017

    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! Alaska & West Virginia were the only states where home prices are lower than they were last year. Read More

    Study: FSBOs Don’t Save Real Estate Commission

    By Keeley Ryan | August 24, 2017

    One of the main reasons why For Sale By Owners (FSBOs) don’t use a real estate agent is because they believe they will save the commission an agent charges for getting their house on the market and selling it. A new study by Collateral Analytics, however, reveals that FSBOs don’t actually save anything, and in... Read More

    Want to Keep Up with the Joneses? Now’s the Time

    By Keeley Ryan | August 23, 2017

    Does your current house fit your needs? Does it seem like everyone else is moving up and moving on to more luxurious surroundings? Are you wondering what it would take to start living your dream life? Market conditions around the country have presented an opportunity like no other for those who are looking to make... Read More

    More Boomerang Buyers Are about to Enter the Market

    By Keeley Ryan | August 22, 2017

    We previously informed you about a study conducted by TransUnion titled, “The Bubble, the Burst and Now – What Happened to the Consumer?” The study revealed that 1.5 million homeowners who were negatively impacted by the housing crisis could re-enter the housing market between 2016-2019. Recently, HousingWire analyzed data from the US Bankruptcy Courts and revealed that... Read More

    Why Is It Important to Use a Professional to Sell Your Home?

    By Keeley Ryan | August 21, 2017

    When a homeowner decides to sell their house, they obviously want the best possible price for it with the least amount of hassles along the way. However, for the vast majority of sellers, the most important result is actually getting their homes sold. In order to accomplish all three goals, a seller should realize the... Read More

    To Stage…or Not to Stage? That Is the Question! [INFOGRAPHIC]

    By Keeley Ryan | August 18, 2017

    Some Highlights: The National Association of Realtors surveyed their members & released the findings of their Annual Profile of Home Staging. 50% of staged homes saw a 1-10% increase in dollar value offers from buyers. 77% of buyer’s agents said staging made it easier for buyers to visualize the home as their own. The top rooms to stage to attract more buyers are the living room, master bedroom, kitchen, and dining room. Read More