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From Empty Nest to Full House… Multigenerational Families Are Back!

By chriscollins | November 17, 2016

Multigenerational homes are coming back in a big way! In the 1950s, about 21%, or 32.2 million Americans shared a roof with their grown children or parents. According to a recent Pew Research Center report, the number of multigenerational homes dropped to as low as 12% in 1980 but has shot back up to 19%,…

You Can Never Have TMI about PMI

By chriscollins | November 16, 2016

When it comes to buying a home, whether it is your first time or your fifth, it is always important to know all the facts. With the large number of mortgage programs available that allow buyers to purchase a home with a down payment below 20%, you can never have Too Much Information (TMI) about…

A Lack of Listings Remains ‘Huge’ Challenge in the Market

By chriscollins | November 15, 2016

The housing crisis is finally in the rearview mirror as the real estate market moves down the road to a complete recovery. Home values are up, home sales are up, and distressed sales (foreclosures & short sales) are at their lowest mark in over 8 years. This has been, and will continue to be, a…

Why Waiting Until After the Holidays to Sell Isn’t a Smart Decision

By chriscollins | November 14, 2016

Every year at this time, many homeowners decide to wait until after the holidays to put their homes on the market for the first time, while others who already have their homes on the market decide to take them off until after the holidays. Here are six great reasons not to wait: Relocation buyers are…

Thank You for Your Service!

By chriscollins | November 11, 2016

Thank you for your service! from Simplifying the Market™ http://ift.tt/2eYBzPL via IFTTT

The Truth About Housing Affordability

By chriscollins | November 10, 2016

From a purely economic perspective, this is one of the best times in American history to buy a home. Black Night Financial Services discusses this in their most recent Monthly Mortgage Monitor. Here are two of the report’s revelations: The average U.S. home value increased by $13,500 from last year, but low interest rates have…

The Dangers of “Tight Mortgage Credit” Headlines

By chriscollins | November 9, 2016

The availability of mortgage credit is not at the same level that it was during the boom in housing (2005), and that’s good news. However, the constant headlines which talk about “tight credit” are causing some potential home buyers to doubt their ability to purchase. We want to rectify the misconception of what is required…

It’s Not Always Marriage Before Mortgage

By chriscollins | November 8, 2016

There are many people sitting on the sidelines trying to decide if they should purchase a home or sign a rental lease. Some might wonder if it makes sense to purchase a house before they are married and have a family. Others may think they are too young. And still, others might think their current…

NAR Reports Show Now Is a Great Time to Sell!

By chriscollins | November 7, 2016

We all realize that the best time to sell anything is when demand is high and the supply of that item is limited. The last two major reports issued by the National Association of Realtors (NAR) revealed information that suggests that now continues to be a great time to sell your house. Let’s look at the data…

The Difference an Hour Makes This Fall [INFOGRAPHIC]

By chriscollins | November 4, 2016

Every Hour in the US Housing Market:  633 Homes Sell 253 Homes Regain Positive Equity Median Home Values Go Up $1.43 from Simplifying the Market™ http://ift.tt/2fiMeIx via IFTTT

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