There are many clear financial benefits to owning a home: increasing equity, building net worth, growing appreciation, and more. If you’re a renter,
The success of the U.S. residential real estate market, like any other market, is determined by supply and demand. This means we need to look at how many potential purchasers
Regardless of the lack of inventory on the market, the U.S. homeownership rate has climbed to a 6-year high. The United States Census Bureau reported that it increased to 65.1% in the fourth quarter of 2019,
House flipping is when an investor purchases a property (typically an older home), renovates it and then sells it for a higher price.
Appreciation Is Strong: It Might Be Time to Sell. There’s no doubt that today’s housing market is changing, and everything we see right now indicates it is time to sell.
Wages are increasing, mortgage rates are low, and inventory is building each month. Let’s get together to talk about how to use the strength of the current economy
Why Is My House Taking So Long To Sell? Fairfield Housing Report May 2019. May is supposed to be the hottest selling month of the year. Just look at May of 2018. closed sales for Fairfield 137 homes. In May of 2019 we are down 24.1% in homes sold.
In a recent Insights Blog, CoreLogic reported that rent prices have skyrocketed since 2005. Meanwhile, the typical mortgage payment has actually decreased.
Early indicators showed a decrease in values than in the last week the majority (57%) of pollsters agreed we would see appreciation this year over the minority (42%) who think we will see depreciation. (see graph below)
With home prices softening, some are concerned that we may be headed toward the next housing crash.