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Real Estate

CREATE AN EVACUATION PLAN FOR YOUR PETS

CREATE AN EVACUATION PLAN FOR YOUR PETS

An evacuation plan is a necessity for every home, especially if you live in an area where fires, earthquakes, hurricanes, flooding, and other disasters are a possibility. Many homeowners create evacuation plans for their homes and practice them with their kids, but far fewer have considered one for their pets. Take these steps to add…

Buying a Home Remains Cheaper Than Renting in 39 States!

Buying a Home Remains Cheaper Than Renting in 39 States!

Thinking of Buying a Home? Everyone wants to save money.  Did you know buying a home is cheaper than renting.  Here’s why…… In the latest Rent vs. Buy Report from Trulia, they explained that buying a home remains cheaper than renting with a traditional 30-year fixed rate mortgage in the 100 largest metro areas in the…

Net Worth of Homeowners 44 Times Greater than Renters

Net Worth of Homeowners 44X Greater than Renters

Net Worth = Rent vs. Buy… Every three years, the Federal Reserve conducts their Survey of Consumer Finances in which they collect net worth data across all economic and social groups. The latest survey data, covering 2013-2016 was released two weeks ago. The study revealed that the 2016 median net worth of homeowners was $231,400 – a 15% increase since…

Millennials to Millionaire: Now is the time to Buy a Home Now!

Millionaire to Millennials: Buy a Home Now!

Millennials to Millionaire… In a CNBC article, self-made millionaire David Bach explained that “the single biggest mistake millennials are making” is not purchasing a home because buying real estate is “an escalator to wealth.” Bach went on to explain: “If millennials don’t buy a home, their chances of actually having any wealth in this country are little to none. The…

Down Payment… No… You Do Not Need 20% Down to Buy NOW!

No… You Do Not Need 20% Down Payment to Buy NOW!

Down Payment… The Aspiring Home Buyers Profile from the National Association of Realtors (NAR) found that the American public is still somewhat confused about what down payment is required to qualify for a home mortgage loan in today’s housing market. The results of the survey show that non-homeowners cite the main reason for not currently owning…

A Tale of Two Real Estate Markets: A 6-Month Update

A Tale of Two Markets: A 6-Month Update

Two Real Estate Markets… Six months ago, we reported that the mismatch between the type of inventory of homes for sale and the demand of buyers in the US was causing the formation of two real estate markets. In the starter and trade-up home categories, there were significantly more buyers than there were homes for…

Homeownership Is a Precondition of the American Dream

Report: Homeownership Is a Precondition of the American Dream

Homeownership The American Dream… Hearth just released their 2017 State of the American Dream report which showed that Americans still see homeownership as an integral piece of the American Dream. The report confirmed that “all generations–including millennials – agree homeownership is very important to achieving the American Dream.” Americans ranked “owning a home I love”…

Why the Lack of Housing Inventory Available for Sale?

Buy or Rent?

Supply and Demand housing inventory… There is no doubt that the largest challenge in today’s housing market is a lack of housing inventory for sale. This challenge has been defined as an “overwhelming lack of supply,” and even a “straight up inventory crisis.” First American just released the results of a survey which sheds light…

How Your Home Value Grows Your Family’s Wealth

How Your Home’s Value Grows Your Family’s Wealth

Think about Your Home Value… Over the next five years, home prices are expected to appreciate 3.64% per year on average and to grow by 18.4% cumulatively, according to Pulsenomics’ most recent Home Price Expectation Survey. So, what does this mean for homeowners and their equity position? As an example, let’s assume a young couple purchased and closed on…

America Needs Your House!! Housing Shortage

America Needs Your House!!

Housing Shortage… The biggest challenge in today’s real estate market is a lack of housing inventory. How big of a challenge is the housing shortage? Here are what four industry economists are saying on the issue (emphases added): Mark Fleming, First American’s Chief Economist “The underlying fundamental issue is an overwhelming lack of supply… The…

More Boomerang Buyers Are about to Enter the Market

More Boomerang Buyers Are about to Enter the Market

Boomerang Buyers Ready to Re-Enter the Real Estate Market.. We previously informed you about a study conducted by TransUnion titled, “The Bubble, the Burst and Now – What Happened to the Consumer?” The study revealed that 1.5 million homeowners who were negatively impacted by the housing crisis could re-enter the housing market between 2016-2019…Boomerang Buyers. Recently, HousingWire…

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