NOT Owning Your Home Can Cost You a Lot of Money!

Amanda RobinsBuying Myths, First Time Home Buyers, For Buyers, Move-Up Buyers, Rent vs. Buy

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. recently reported that: “Buying remains the more attractive option in the long term – that remains the American dream, and it’s … Read More

The Cost of Renting vs. Buying Today [INFOGRAPHIC]

Amanda RobinsBuying Myths, First Time Home Buyers, For Buyers, Infographics, Rent vs. Buy

Some Highlights: Historically, the choice between renting or buying a home has been a tough decision. Looking at the percentage of income needed to rent a median-priced home today (28.9%) vs. the percentage needed to buy a median-priced home (15.7%), the choice becomes obvious. Every market is different. Before you renew your lease again, find out if you can put … Read More

99% of Experts Agree: Home Prices Will Increase

Amanda RobinsFor Buyers, For Sellers, Housing Market Updates, Pricing

Some believe that the combined effects of the new tax code and rising mortgage rates will have an adverse impact on residential real estate prices in 2018. However, the clear majority of recently surveyed housing experts believe that home values will continue to rise this year. What is the Home Price Expectation Survey? Each quarter, Pulsenomics surveys a nationwide panel … Read More

Be Thankful You Don’t Have to Pay Your Parents’ Interest Rate!

Amanda RobinsFirst Time Home Buyers, For Buyers, Interest Rates, Move-Up Buyers

Interest rates hovered around 4% for the majority of 2017, which gave many buyers relief from rising home prices and helped with affordability. In the first quarter of 2018, rates have increased from 3.95% up to 4.45% and experts predict that rates will increase even more by the end of the year. The rate you secure greatly impacts your monthly … Read More

Buyer Demand Still Outpacing the Supply of Homes for Sale

Amanda RobinsFor Buyers, For Sellers

The price of any item is determined by the supply of that item, as well as market demand. The National Association of REALTORS (NAR) surveys “over 50,000 real estate practitioners about their expectations for home sales, prices and market conditions” for their monthly REALTORS Confidence Index. Their latest edition sheds some light on the relationship between Seller Traffic (supply) and Buyer Traffic (demand). Buyer Demand The map … Read More

5 Reasons Why to Sell This Spring!

Amanda RobinsFor Buyers, For Sellers, Move-Up Buyers

Here are five reasons listing your home for sale this spring makes sense. 1. Demand Is Strong The latest Buyer Traffic Report from the National Association of Realtors (NAR) shows that buyer demand remains very strong throughout the vast majority of the country. These buyers are ready, willing and able to purchase…and are in the market right now! More often … Read More

Freddie Mac: Rising Mortgage Rates DO NOT Lead to Falling Home Prices

Amanda RobinsBuying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers, Pricing

Recently, Freddie Mac published an Insight Report titled Nowhere to go but up? How increasing mortgage rates could affect housing. The report focused on the impact the projected rise in mortgage rates might have on the housing market this year. Many believe that an increase in mortgage rates will cause a slowdown in purchases which would, in turn, lead to … Read More

The Cost of Waiting: Interest Rates Edition [INFOGRAPHIC]

Amanda RobinsFirst Time Home Buyers, For Buyers, Infographics, Interest Rates, Move-Up Buyers

Some Highlights: Interest rates are projected to increase steadily heading into 2019. The higher your interest rate, the more money you end up paying for your home and the higher your monthly payment will be. Rates are still low right now. Don’t wait until rates hit 5% to start searching for your dream home! Source: Amanda Robins

Moving up Is MORE Affordable Now Than Almost Any Other Time in 40 Years

Amanda RobinsFor Buyers, For Sellers, Move-Up Buyers

If you are considering selling your current home, to either move up to a larger home or into a home in an area that better suits your current family needs, great news was just revealed. Last week, Trulia posted a blog, Not Your Father’s Housing Market, which examined home affordability over the last 40+ years (1975-2016). Their research revealed that: … Read More

7 Factors to Consider When Choosing A Home to Retire In

Amanda RobinsBaby Boomers, For Buyers, For Sellers, Move-Up Buyers

As more and more baby boomers enter retirement age, the question of whether or not to sell their homes and move will become a hot topic. In today’s housing market climate, with low available inventory in the starter and trade-up home categories, it makes sense to evaluate your home’s ability to adapt to your needs in retirement. According to the … Read More