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Mortgage Interest Rates Just Went Up… Should I Wait to Buy?

By chriscollins | November 29, 2016

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

5 Reasons to Hire a Real Estate Professional When Buying & Selling!

By chriscollins | November 28, 2016

Whether you are buying or selling a home, it can be quite an adventurous journey; you need an experienced Real Estate Professional to lead you to your ultimate goal. In this world of instant gratification and internet searches, many sellers think that they can For Sale by Owner or FSBO. The 5 Reasons You NEED…

Existing Home Sales Surge Forward Through Fall [INFOGRAPHIC]

By chriscollins | November 25, 2016

Some Highlights: The National Association of Realtors (NAR) recently released their latest Existing Home Sales Report. First-time homebuyers made up 33% of all sales in October. Homes are selling quickly with 43% of homes on the market for less than a month. A limited supply continues to drive up prices for the 56th consecutive month.…

Thank You for Your Support!

By chriscollins | November 24, 2016

Have a Great Holiday! from Simplifying the Market™ http://ift.tt/2gjagA2 via IFTTT

Thinking of Selling? Don’t Overlook an Outdated Kitchen, Buyers Won’t

By chriscollins | November 23, 2016

If you are planning on listing your home for sale, make sure that you don’t overlook the condition of your kitchen. A recent article on realtor.com listed “7 Signs Your Kitchen Is Way Overdue for a Renovation,” in which they warned: “Dated kitchens—just like bathrooms—are a major barrier for resale. Buyers want modern amenities and…

Why Are Mortgage Interest Rates Increasing?

By chriscollins | November 22, 2016

According to Freddie Mac’s latest Primary Mortgage Market Survey, the 30-year fixed rate mortgage interest rate jumped up to 3.94% last week. Interest rates had been hovering around 3.5% since June, and many are wondering why there has been such a significant increase so quickly.  Why did rates go up? Whenever there is a presidential…

Winter Is Coming… 5 Reasons to Sell Now!

By chriscollins | November 21, 2016

People across the country are beginning to think about what their life will look like next year. It happens every fall; we ponder whether we should relocate to a different part of the country to find better year-round weather, or perhaps move across the state for better job opportunities. Homeowners in this situation must consider…

Homes Across the Country Are Selling Fast! [INFOGRAPHIC]

By chriscollins | November 18, 2016

Some Highlights: The National Association of REALTORS® surveyed their members for the release of their Confidence Index. The REALTORS® Confidence Index is a key indicator of housing market strength based on a monthly survey sent to over 50,000 real estate practitioners. Practitioners are asked about their expectations for home sales, prices and market conditions. Homes…

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…

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