Have a real estate question? Contact me today!

My Real Estate Blog

2 Charts That Show the Truth about Home Affordability

Nov 29, 2017

There is a lot of discussion about the current state of housing affordability for both first-time and move-up buyers, and much of the narrative is tarnished with a negative slant. However, the truth is that housing affordability is better today than at almost any time in our history. The naysayers are correct in the fact…

Read More

Low Interest Rates Have a High Impact on Your Purchasing Power

Nov 28, 2017

According to Freddie Mac’s latest Primary Mortgage Market Survey, interest rates for a 30-year fixed rate mortgage are currently at 3.92%, which is still near record lows in comparison to recent history! The interest rate you secure when buying a home not only greatly impacts your monthly housing costs, but also impacts your purchasing power. Purchasing power, simply put, is…

Read More

The Cost of NOT Owning Your Home

Nov 27, 2017

Owning a home has great financial benefits, yet many continue to rent! Today, let’s look at the financial reasons why owning a home of your own has been a part of the American Dream for as long as America has existed. Zillow recently reported that: “In reality, buying or renting a home is an intensely personal decision,…

Read More

Existing Home Sales Slowed by a Lack of Listings [INFOGRAPHIC]

Nov 24, 2017

Some Highlights: The inventory of existing homes for sale has dropped year-over-year for the last 29 consecutive months and is now at a 3.9-month supply. Existing home sales are currently at an annual pace of 5.48 million, the highest pace since June of this year, but down 0.9% from October 2016. NAR’s Chief Economist, Lawrence…

Read More

Thank You For Your Support!

Nov 23, 2017

Have a great holiday! from Simplifying the Market™ http://ift.tt/2zZYGXz via IFTTT

Read More

Bubble Alert! Is it Getting Too Easy to Get a Mortgage?

Nov 22, 2017

There is little doubt that it is easier to get a home mortgage today than it was last year. The Mortgage Credit Availability Index (MCAI), published by the Mortgage Bankers Association, shows that mortgage credit has become more available in each of the last several years. In fact, in just the last year: More buyers…

Read More

Access is an Important Factor in Getting Your House SOLD!

Nov 21, 2017

So, you’ve decided to sell your house. You’ve hired a real estate professional to help you with the entire process, and they have asked you what level of access you want to provide to potential buyers. There are four elements to a quality listing. At the top of the list is Access, followed by Condition,…

Read More

Homeowners: Your House Must Be Sold TWICE

Nov 20, 2017

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 5%+ over the next twelve months. One major challenge in such a market is the bank appraisal. If prices are surging, it is difficult for…

Read More

Top 4 Home Renovations for Maximum ROI [INFOGRAPHIC]

Nov 17, 2017

Some Highlights: Whether you are selling your home, just purchased your first home, or are a homeowner planning to stay put for a while, there is value in knowing which home improvement projects will net you the most “Return On Investment” (ROI). While big projects like adding a bathroom or a complete remodel of a…

Read More

Your Friends Are Crazy Wrong If They’re Telling You Not to Buy

Nov 16, 2017

The current narrative is that home prices have risen so much so that it is no longer a smart idea to purchase a home. Your family and friends might suggest that buying a home right now (whether a first-time home or a move-up home) makes absolutely no sense from an affordability standpoint. They are wrong!…

Read More

Feeling ‘Stuck in Place’? You Aren’t Alone… And There’s Hope!

Nov 15, 2017

Whether you are a renter who is searching for your dream home or a homeowner who feels like your only option is to renovate, you have at least one thing in common: feeling stuck in place. According to data from the National Association of Realtors’ Profile of Home Buyers & Sellers, the average amount of…

Read More

Mortgage Interest Rates Are Going Up… Should I Wait to Buy?

Nov 14, 2017

Mortgage interest rates, as reported by Freddie Mac, have increased over the last several weeks. Freddie Mac, along with Fannie Mae, the Mortgage Bankers Association and the National Association of Realtors, is calling for mortgage rates to continue to rise over the next four quarters. This has caused some purchasers to lament the fact that they may no longer be able to get a…

Read More

find out what your home is worth in today's market now