3 Key Advantages Of Listing Your House This Fall

Real Estate , ,
Homeowners looking to maximize their return on investment often want to know what season best achieves that goal. Getting near or full asking price can be influenced by a wide range of factors, including market trends, inventory and interest rates to name a few. It will come as good news to know there are strong indicators that this fall has unique listing advantages. That means listing a home this fall could help sellers get the price they want. 1: Inventory Remains Very Tight The rules of supply and demand apply equally to the housing market and there are not enough…
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Tips For Selling Your Home In The Fall

Real Estate , ,
Football season has kicked off, temperatures are cooling and pumpkin spice everything is for sale in the stores. Yes, fall is here. While most people associate the spring and summer months as the ideal times of year to buy or sell, fall is still a great time to put your home on the market. Families tend to want to get into their new homes prior to the holiday season, so buyers are typically still very active during the fall months. That said, there are plenty of ways that you can ready your home for a fast fall sale. Here's a…
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Big Second Quarter GDP Numbers Impact Housing Market

Real Estate , ,
Positive economic growth numbers are always cause for celebration and the second quarter GDP just went vertical. After nearly four years of sub-par growth, the real GDP hit 4.1 percent in the second quarter. While that economic news has everyday Americans excited that we may be entering a new age of prosperity, drawing a concrete link to the real estate market may be difficult. But by looking long and hard at this uptick and its potential impact on housing, you may get a better idea about buying, selling or standing pat on residential and commercial property. GDP Report Points To…
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3 Generations Top Housing Market Trends

Real Estate , ,
Historians like to say that those who do not learn the lessons of the past are doomed to repeat them. In the real estate industry, the chances of that happening are slim because agents and other professionals follow market trends closely. That being said, a careful examination of 2017 market trends and other factors can help highlight where the housing market is headed. Consider these top trends when deciding about whether to buy or sell a property. Millennials Scooping Up Homes According to resources such as Zillow, the low inventory and emergence of Millennials in the home-buying market helped break…
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What’s Ahead For Mortgage Rates This Week – May 29th, 2018

Financial Reports , ,
Last week's economic reports included readings on sales of new and previously-owned homes along with weekly readings on mortgage rates and new jobless claims. Home Sales Lower in April Sales of new and previously-owned homes were lower in April. The Commerce Department reported sales of new homes at a seasonally-adjusted annual rate of 662,000 sales. New home sales were 1.50 percent lower than for March, but were11.60 percent higher year-over-year. Analysts expected new home sales to rise to 682,000 sales based on the March reading of 672,000 new homes sold.  Sales of new homes are calculated based on a small…
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Selling Your Home FHA? Learn These Tips To Ensure A Smooth Closing

Home Seller Tips , ,
Before an owner can market a property to buyers that want to use a FHA loan, he will want to familiarize himself with the FHA's standards. FHA won't insure loans on just any property. While their standards aren't as stringent as they used to be, a home needs to be in relatively good condition to qualify for FHA financing. Location and Lot To qualify for FHA financing, the property has to be located on a road or easement that lets the owner freely enter and exit. The access also has to be paved with a surface that will work all…
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What’s Ahead For Mortgage Rates This Week – February 5th, 2018

Market Outlook , ,
Last week's economic releases included readings on pending home sales, Case-Shiller Home Price Indices and construction spending. The Federal Open Market Committee of the Federal Reserve released its monthly statement and weekly readings on mortgage rates and new jobless claims were released. Last week's economic readings wrapped with a report on consumer confidence. Case-Shiller: Home Prices Rise in November Home prices rose an average of 0.70 percent monthly and 6.20 percent year-over-year according to Case-Shiller's national home price index for November. Seattle, Washington posted the highest year-over-year home price growth rate at 12.70 percent. Las Vegas, Nevada posted year-over-year home…
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What’s Ahead For Mortgage Rates This Week – October 31, 2016

Mortgage Rates ,
Last week's economic reports included S&P Case-Shiller Home Price Indexes, along with readings on new and pending home sales. Recurring weekly reports on mortgage rates and new jobless claims were also released. Case-Shiller: Pacific Northwest Shows Fastest Home Price Growth According to the Case-Shiller 20-City Home Price Index for August, home prices in Portland, Oregon and Seattle, Washington grew fastest year-over-year. Portland posted an August index reading of 11.70 percent and Portland followed closely with a reading of 11.40 percent. Denver, Colorado rounded out the top three cities with the fastest rates of home price growth with a year-over-year reading…
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What’s Ahead For Mortgage Rates This Week – September 26, 2016

Mortgage Rates ,
Last week's economic news was abundant with releases on home builder sentiment, housing starts, building permits, sales of previously owned homes. The Federal Open Market Committee of the Federal Reserve released its customary statement at the conclusion of its meeting; Fed Chair Janet Yellen also gave a press conference. Weekly readings on new jobless claims and mortgage rates were released as usual. NAHB: Builder Sentiment Increases in September Home builder confidence in housing market conditions increased in September according to the National Association of Home Builders Housing Market Index. Builder confidence rose five points to 65; analysts expected a reading…
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What’s Ahead For Mortgage Rates This Week – September 12, 2016

Mortgage Rates ,
Few economic reports were released last week due to the Labor Day Holiday. The Federal Reserve released its Beige Book Report, which documents anecdotes shared with the Fed by its regional business contacts. A job openings report, weekly jobless claims and Freddie Mac's survey of mortgage rates was also released. Fed's Beige Book: Approaching Election Dampens Business Growth According to the Federal Reserve's survey of business contacts within its 12 districts, November's election is causing business owners to take a "wait and see" position regarding expansion plans. Commercial real estate contacts in several Fed districts cited modest projections for sales…
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