4 Most Popular Bottom Line Investments in America
Every year, Gallup surveys Americans to determine their choice for the best long-term investment. Respondents are given a choice between real estate, stocks, gold, and savings accounts.
Boomerang Buyers: Don’t Be Afraid to Buy a Home Again!
According to CoreLogic, from 2006 to 2014 “there were 7.3 million housing foreclosures and 1.9 million short sales.” The hesitation some Americans feel after experiencing a foreclosure brings to mind the old saying: “Fool me once- shame on you. Fool me twice- shame on me.”
Are Older Generations Really Not Selling Their Homes?
Many studies suggest one of the main reasons for the inventory shortage in today’s market of homes for sale is that older generations have chosen to “age in place” over moving.
Starting the Search for Your Dream Home? Here Are 5 Tips!
In today’s real estate market, low inventory dominates the conversation in many areas of the country. It can often be frustrating to be a first-time homebuyer if you aren’t prepared.
![Unlocking the Power of Video [FREE WEBINAR] | Keeping Current Matters](https://files.keepingcurrentmatters.com/wp-content/uploads/2019/05/17141934/05.23-BlogPost-1.jpg "Unlocking the Power of Video [FREE WEBINAR] | Keeping Current Matters")
Unlocking the Power of Video [FREE WEBINAR]
![Top Days to List Your Home for Sale [INFOGRAPHIC] | Keeping Current Matters](https://files.keepingcurrentmatters.com/wp-content/uploads/2019/05/07162522/20190517-Share-KCM.jpg "Top Days to List Your Home for Sale [INFOGRAPHIC] | Keeping Current Matters")
Top Days to List Your Home for Sale [INFOGRAPHIC]
![Top Days to List Your Home for Sale [INFOGRAPHIC] | Keeping Current Matters](https://files.keepingcurrentmatters.com/wp-content/uploads/2019/05/07162404/20190517-Top-Days-ENG-KCM.jpg)
Some Highlights:
- ATTOM Data Solutions conducted an analysis of more than 29 million single family home and condo sales over the past eight years to determine the top days to list your home for sale.
- The top five days to list your home brought in a 10% premium over market value and are all in either May or June!
- “Families start their home search when they know their kids will be out of school and when the weather is ideal for home viewing and moving, giving home sellers an upper hand in price negotiations.”
- There is still time to list your home before these dates pass you by!
What is Really Happening with Home Prices?
Home values have softened over the last twelve months. We are no longer seeing 6-7% annual appreciation levels for the national housing market. The current numbers are closer to 4%. Some have suggested that year-over-year appreciation levels could fall to 3% or less this year.
4 Tips for Making a Competitive Offer
So, you’ve been searching for that perfect house to call 'home,' and you've finally found it! The price is right, and in such a competitive market, you want to make sure you make a good offer so that you can guarantee that your dream of making this house yours comes true!
New Research Shows Housing Is Affordable For First-Time Buyers
Home prices have been on the rise for the last seven years, leading many housing market analysts to conclude that first-time homebuyers are being shut out of the market due to affordability concerns.
A Lack of Inventory Continues to Impact the Housing Market
The housing crisis is finally in the rear-view mirror as the real estate market moves down the road to a complete recovery. Home values are up and distressed sales (foreclosures and short sales) have fallen to their lowest point in years. The market will continue to strengthen in 2019.
![Unlocking the Power of Video [FREE WEBINAR] | Keeping Current Matters](https://files.keepingcurrentmatters.com/wp-content/uploads/2019/05/10154852/05.23-BlogPost.jpg "Unlocking the Power of Video [FREE WEBINAR] | Keeping Current Matters")
Unlocking the Power of Video [FREE WEBINAR]
![A Tale of Two Markets [INFOGRAPHIC] | Keeping Current Matters](https://files.keepingcurrentmatters.com/wp-content/uploads/2019/05/29151217/20190510-Share-KCM.jpg "A Tale of Two Markets [INFOGRAPHIC] | Keeping Current Matters")
A Tale of Two Markets [INFOGRAPHIC]
![A Tale of Two Markets [INFOGRAPHIC] | Keeping Current Matters](https://files.keepingcurrentmatters.com/wp-content/uploads/2019/05/29150842/20190510-ENG-KCM.jpg)
Some Highlights:
- An emerging trend for some time now has been the difference between available inventory and demand in the premium and luxury markets and that in the starter and trade-up markets and what those differences are doing to prices!
- Inventory continues to rise in the luxury and premium home markets which is causing prices to cool.
- Demand continues to rise with lower-than-normal inventory levels in the starter and trade-up home markets, causing prices to rise on a year-over-year basis for 85 consecutive months.
Mainstream Concerns about an Economic Slowdown Revisited
Recently, we reported that many believe a recession could happen within the next two years. We explained that 70% of economists and market analysts surveyed last year believe that a recession will occur in 2019 or 2020 and that 42% of consumers currently looking to purchase a home also agree that a recession will occur this year or next.
The Benefits of a 20% Down Payment
If you are in the market to buy a home this year, you may be confused about how much money you need to come up with for your down payment. Many people you talk to will tell you that you need to save 20% or you won’t be able to secure a mortgage.
Home Buyers are Optimistic About Homeownership!
When we consider buying an item, we naturally go through a research process prior to making our decision. We ask our friends and family members who have made similar purchases about their experience, we get opinions and insights, and we read reviews online. There’s no difference when considering a home purchase!
Why Access Is One of the Most Important Factors in Getting Your House Sold!
So, you’ve decided to sell your house. You’ve hired a real estate professional to help you through the entire process, and they have asked you what level of access you want to provide to your potential buyers.
![The Cost of Renting vs. Buying This Spring [INFOGRAPHIC] | Keeping Current Matters](https://files.keepingcurrentmatters.com/wp-content/uploads/2019/05/29104838/20190503-Share-KCM.jpg "The Cost of Renting vs. Buying This Spring [INFOGRAPHIC] | Keeping Current Matters")
The Cost of Renting vs. Buying This Spring [INFOGRAPHIC]
![The Cost of Renting vs. Buying This Spring [INFOGRAPHIC] | Keeping Current Matters](https://files.keepingcurrentmatters.com/wp-content/uploads/2019/04/29104457/20190503-ENG-KCM.jpg)
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 (27.7%) vs. the percentage needed to buy a median-priced home (17.5%), the choice becomes obvious.
- Every market is different. Before you renew your lease again, find out if you can put your housing costs to work by buying this year!
Your Fabulous New Dream Home is Now Available
Over the last several years, many “baby boomers” have undergone a metamorphosis. Their children have finally moved out and they can now dream about their own future. For many, a change in lifestyle might necessitate a change in the type of home they live in.
2 Trends Helping Keep Housing Affordable
Two positive trends have started to emerge that impact the 2019 Spring Housing Market. Mortgage interest rates for a 30-year fixed rate loan have dropped to new lows, right as reports show that wages have increased at their highest rate in decades!
What Would Make You Sell Your House?
There are many reasons why a homeowner decides to sell their house and move. The latest Generational Trends Report from the National Association of Realtors asked recent home sellers to share their reason for moving.
How Quickly Can You Save Your Down Payment?
Saving for a down payment is often the biggest hurdle for a first-time homebuyer. Depending on where you live, median income, median rents, and home prices all vary. So, we set out to find out how long it would take to save for a down payment in each state.
![Existing Home Sales Slow to Start Spring [INFOGRAPHIC] | Keeping Current Matters](https://files.keepingcurrentmatters.com/wp-content/uploads/2019/04/23164432/20190426-Share-KCM.jpg "Existing Home Sales Slow to Start Spring [INFOGRAPHIC] | Keeping Current Matters")
Existing Home Sales Slow to Start Spring [INFOGRAPHIC]
![Existing Home Sales Slow to Start Spring [INFOGRAPHIC] | Keeping Current Matters](https://files.keepingcurrentmatters.com/wp-content/uploads/2019/04/23164213/20190426-EHS-Report-ENG-KCM.jpg)
Some Highlights:
- Existing Home Sales slowed to an annual pace of 5.21 million home sales in March.
- Low inventory levels are still impacting home sales! The current month’s supply of homes for sale is 3.9-months.
- Median home prices were up 3.8% over last March at $259,400. This marked the 85th consecutive month with year-over-year price gains.
Renters Paying Substantially More While Owning Costs Less
In a recent Insights Blog, CoreLogic reported that rent prices have skyrocketed since 2005. Meanwhile, the typical mortgage payment has actually decreased.
New Study Reveals One Surprising Reason for the Inventory Shortage
There has been a great amount written on millennials and their impact on the housing market. However, the headlines often contradict each other. Some claim this generation is becoming the largest share of first-time home buyers, while others claim millennials don’t want to own a home, blaming them for the dip in homeownership rate.
With Inventory Low: Will Your Dream Home Need Some TLC?
According to a new survey from Move.com, the wave of first-time homebuyers hitting the market this summer has resulted in an interesting statistic. Nearly 60% of buyers searching for a home this spring are willing to consider buying a fixer-upper, with 95% believing that the projects needed will increase their new home’s value!
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