Monthly Archives: December 2017

    • There’s More to a Bubble Than Rising Home Prices

      What truly causes a housing bubble and the inevitable crash? For the best explanation, let’s go to a person who correctly called the last housing bubble – a year before it happened. “A bubble requires both overvaluation based on fundamentals and speculation. It is natural to focus on an asset’s fundamental value, but the real […]
      Written by Denise Zervos
    • Top 4 REAL Reasons We Buy a Home

      We often talk about the financial reasons why buying a home makes sense. But, more often than not, the emotional reasons are the more powerful or compelling reasons. No matter what shape or size your living space is, the concept and feeling of home can mean different things to different people. Whether it’s a certain […]
      Written by Denise Zervos
    • Top 5 Reasons You Shouldn’t FSBO

      In today’s market, with home prices rising and a lack of inventory, some homeowners may consider trying to sell their home on their own, known in the industry as a For Sale by Owner (FSBO). There are several reasons why this might not be a good idea for the vast majority of sellers. Here are […]
      Written by Denise Zervos
    • Existing Home Sales Reach Highest Annual Pace in 11 Years [INFOGRAPHIC]

      Some Highlights:

      • Existing home sales are currently at an annual pace of 5.81 million, the highest pace since December 2006.
      • The inventory of existing homes for sale has dropped year-over-year for the last 30 consecutive months and is now at a 3.4-month supply.
      • NAR’s Chief Economist Lawrence Yun had this to say: “Faster economic growth in recent quarters, the booming stock market and continuous job gains are fueling substantial demand for buying a home as 2017 comes to an end.”
      Written by Denise Zervos
    • Housing Prices are NOT Heading for Another Crash

      As home values continue to increase at levels greater than historic norms, some are concerned that we are heading for another crash like the one we experienced ten years ago. We recently explained that the lenient lending standards of the previous decade (which created false demand) no longer exist. But what about prices? Are prices […]
      Written by Denise Zervos
    • Top 5 Benefits of Hiring a Real Estate Agent

      The National Association of Realtors (NAR) recently released their 2017 Profile of Home Buyers and Sellers in which they surveyed recent home buyers and sellers about their experiences. An entire section of the profile is dedicated to buyers’ experiences with their real estate agents. If you are looking to buy in 2018, here are the […]
      Written by Denise Zervos
    • Rents Are on the Rise: Don’t Get Caught in the Rental Trap!

      There are many benefits to homeownership. One of the top benefits is protecting yourself from rising rents, by locking in your housing cost for the life of your mortgage. Don’t Become Trapped  A recent article by Apartment List addressed rising rents by stating: “Rents are up 2.7% year-over-year at the national level. Year-over-year growth continues […]
      Written by Denise Zervos
    • 4 Reasons to Buy a Home This Winter!

      Here are four great reasons to consider buying a home today instead of waiting. 1. Prices Will Continue to Rise CoreLogic’s latest Home Price Index reports that home prices have appreciated by 7.0% over the last 12 months. The same report predicts that prices will continue to increase at a rate of 4.7% over the […]
      Written by Denise Zervos