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Monthly Archives: January 2018

    Study Shows “Millennials Deserve More Credit”

    By Keeley Ryan | January 31, 2018

    When it comes to talking about millennials, there are many stereotypes out there that have influenced the way the public feels about the generation. Whether it’s the assumption that millennials are irresponsible with money and would rather buy avocado toast than save for a down payment, or that millennials jump from job to job, the... Read More

    2 Major Myths Holding Back Home Buyers

    By Keeley Ryan | January 30, 2018

    Urban Institute recently released a report entitled, “Barriers to Accessing Homeownership,” which revealed that “eighty percent of consumers either are unaware of how much lenders require for a down payment or believe all lenders require a down payment above 5 percent.” Myth #1: “I Need a 20% Down Payment” Buyers often overestimate the down payment funds... Read More

    U.S. Housing Inventory Crunch Continues… List Your House Today!

    By Keeley Ryan | January 29, 2018

    Every winter, families across the country decide if this will be the year that they sell their current houses and move into their dream homes. Mortgage rates hovered around 4% for all of 2017 which forced many buyers off the fence and into the market, resulting in incredibly strong demand RIGHT NOW! At the same time,... Read More

    5 Reasons Millennials Choose to Buy [INFOGRAPHIC]

    By Keeley Ryan | January 26, 2018

    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their own homes dream of the day when they will be able to paint the walls whatever color they'd like, or renovate an outdated part of their living space. Read More

    If You’re Considering Selling, ACT NOW!!

    By Keeley Ryan | January 25, 2018

    Definitely an aggressive headline. However, as the final data on the 2017 housing market rolls in, we can definitely say one thing: If you are considering selling, IT IS TIME TO LIST YOUR HOME! How did we finish 2017? New-home sales were at their highest level in a decade. Sales of previously owned homes were... Read More

    Gap Between Homeowners & Appraisers Narrows to Lowest Mark in 2 Years

    By Keeley Ryan | January 24, 2018

    In today’s housing market, where supply is very low and demand is very high, home values are increasing rapidly. Many experts are projecting that home values could appreciate by another 4% or more over the next twelve months. One major challenge in such a market is the bank appraisal. When prices are surging, it is... Read More

    Why You Need a Professional on Your Team When Buying a Home

    By Keeley Ryan | January 23, 2018

    Many people wonder whether they should hire a real estate professional to assist them in buying their dream homes or if they should first try to go through the buying process on their own. In today’s market: you need an experienced professional! You Need an Expert Guide If You Are Traveling a Dangerous Path The... Read More

    Buying A Home Is More Affordable Than Renting In 54% Of US Counties

    By Keeley Ryan | January 22, 2018

    According to ATTOM Data Solutions’ 2018 Rental Affordability Report, “buying a median-priced home is more affordable than renting a three-bedroom property in 240 of 447 [or 54% of] U.S. counties analyzed for the report.” For the report, ATTOM Data Solutions compared recently released fair market rent data from the Department of Housing and Urban Development with reported income amounts from the Department... Read More

    Where Did Americans Move in 2017? [INFOGRAPHIC]

    By Keeley Ryan | January 19, 2018

    Some Highlights: Atlas Van Lines recently released the results of their annual Migration Patterns Survey in which they tracked their customer’s movement from state-to-state over the course of 2017. Idaho held on to the top spot of ‘high inbound’ sta... Read More

    What Impact Will the New Tax Code Have on Home Values?

    By Keeley Ryan | January 18, 2018

    Every month, CoreLogic releases its Home Price Insights Report. In that report, they forecast where they believe residential real estate prices will be in twelve months. Below is a map, broken down by state, reflecting how home values are forecasted to change by the end of 2018 using data from the most recent report. As we... Read More