Have You Outgrown Your Starter Home?
For many Americans, buying their first home is their first taste of achieving part of the American Dream. There is a sense of pride that comes along with owning your own home and building your family’s wealth through your monthly mortgage payment.
Are You Thinking of Selling Your Home? Competition Is Coming!
The number of building permits issued for single-family homes is the best indicator of how many newly built homes will rise over the next few months. According to the latest U.S. Census Bureau and U.S. Department of Housing & Urban Development Residential Sales Report, the number of building permits issued in June was 850,000, a 0.8% increase from May.
![Existing Home Sales Cooling Off This Summer [INFOGRAPHIC] | Keeping Current Matters](https://files.keepingcurrentmatters.com/wp-content/uploads/2018/07/26143337/20180810-Share-STM-705x385.jpg "Existing Home Sales Cooling Off This Summer [INFOGRAPHIC] | Keeping Current Matters")
Existing Home Sales Cooling Off This Summer [INFOGRAPHIC]
![Existing Home Sales Cooling Off This Summer [INFOGRAPHIC] | Keeping Current Matters](https://files.keepingcurrentmatters.com/wp-content/uploads/2018/07/26143255/20180810-KCM-ENG.jpg)
Supply & Demand Will Determine Future Home Values
Will home values continue to appreciate throughout 2018? The answer is simple: YES! – as long as there are more purchasers in the market than there are available homes for them to buy. This is known as the theory of “supply and demand,” which is defined as:
The Wave of Millennial Homebuyers Continues to Swell
Many have written about the millennial generation and whether or not they, as a whole, believe in homeownership as a part of attaining their American Dream.
5 Reasons to Hire a Real Estate Professional Before Entering the Market!
Whether you are buying or selling a home, it can be quite the adventure. In this world of instant gratification and internet searches, many sellers think that they can ‘For Sale by Owner’ or ‘FSBO,’ but it’s not as easy as it may seem. That’s why you need an experienced real estate professional to guide you on the path to achieving your ultimate goal!
Millionaire to Millennials: Owning Your Home Can Help You Retire Sooner!
In a CNBCarticle, self-made millionaire David Bach explained that: “Buying a home is the escalator to wealth in America. Homeownership can also help you retire early, that is, if you pay your mortgage off.”
![Home Buying Myths Slayed [INFOGRAPHIC] | Keeping Current Matters](https://files.keepingcurrentmatters.com/wp-content/uploads/2018/07/26111415/20180803-Share-STM-705x385.jpg "Home Buying Myths Slayed [INFOGRAPHIC] | Keeping Current Matters")
Home Buying Myths Slayed [INFOGRAPHIC]
![Home Buying Myths Slayed [INFOGRAPHIC] | Keeping Current Matters](https://files.keepingcurrentmatters.com/wp-content/uploads/2018/07/26111349/Slaying-Myths-KCM-ENG.jpg)
Are Lending Standards Propping Up Home Prices?
Back in 2005, Federal Reserve Chairman Alan Greenspan described the dramatic increases in residential real estate values as a “froth in housing markets.” Greenspan went on to say:
Buying Is Now 26.3% Cheaper Than Renting in the US
The results of the latest Rent vs. Buy Report from Trulia show that homeownership remains cheaper than renting, with a traditional 30-year fixed rate mortgage, in 98 of the 100 largest metro areas in the United States.
You Need an Agent Who Will Always Put You First
Whether you are a rookie homebuyer or have gone through the process many times, having a local real estate expert who is well versed in the neighborhood you are looking to move to, as well as the trends of that area, should be your goal while home shopping.
The #1 Reason to Put Your House on The Market TODAY!
The National Association of Realtors (NAR) released the results of their latest Existing Home Sales Report which revealed that home sales declined 0.6% to a seasonally adjusted annual rate of 5.38 million in June from 5.41 million in May, and are 2.2% below a year ago. Some may look at these numbers and think that now is a bad time to sell their house, but in fact, the opposite is true.
![Americans Rank Real Estate Best Investment for 5 Years Running! [INFOGRAPHIC] | Keeping Current Matters](https://files.keepingcurrentmatters.com/wp-content/uploads/2018/07/18141918/20180727-Share-STM-705x385.jpg "Americans Rank Real Estate Best Investment for 5 Years Running! [INFOGRAPHIC] | Keeping Current Matters")
Americans Rank Real Estate Best Investment for 5 Years Running! [INFOGRAPHIC]
![Americans Rank Real Estate Best Investment for 5 Years Running! [INFOGRAPHIC] | Keeping Current Matters](https://files.keepingcurrentmatters.com/wp-content/uploads/2018/07/18141848/20180727-KCM-ENG.jpg)
4 Reasons Why We Are Not Heading Toward Another Housing Bubble
With home prices continuing to appreciate above historic levels, some are concerned that we may be heading for another housing ‘boom & bust.’ It is important to remember, however, that today’s market is quite different than the bubble market of twelve years ago.
Will Your Current House Fit Your Needs in Retirement?
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.
Selling Your Home? Here’s 2 Ways to Get the Best Price!
Every homeowner wants to make sure that they maximize their financial reward when selling their home, but how do you guarantee that you receive the maximum value for your house?
Lack of Listings Slowing Down the Market
As the real estate market continues to move down the road to a complete recovery, we see home values and home sales increasing while distressed sales (foreclosures and short sales) continue to fall to their lowest points in years. There is no doubt that the housing market will continue to strengthen throughout 2018.
![What You Need to Know About the Mortgage Process [INFOGRAPHIC] | Keeping Current Matters](https://files.keepingcurrentmatters.com/wp-content/uploads/2018/07/17145609/20180720-Share-STM-705x385.jpg "What You Need to Know About the Mortgage Process [INFOGRAPHIC] | Keeping Current Matters")
What You Need to Know About the Mortgage Process [INFOGRAPHIC]
![What You Need to Know About the Mortgage Process [INFOGRAPHIC] | Keeping Current Matters](https://files.keepingcurrentmatters.com/wp-content/uploads/2018/07/17145505/Mortgage-Process-ENG-KCM.jpg)
Housing Will Not Fall Victim to Next Economic Storm
Some experts are calling for a slowdown in the economy later this year and most economists have predicted that the next recession could only be eighteen months away. The question is, what impact will a recession have on the housing market?
Demand for Homes to Buy Continues to Climb
Across the United States, there is a severe mismatch between the low number of houses for sale and the high demand for those houses! First-time homebuyers are out in force and are being met with a highly competitive summer real estate market.
4 REAL Reasons Why We Buy A Home!
We often talk about why it makes financial sense to buy a home, but more often than not, the emotional reasons are the more powerful or compelling ones.
First-Time Home Buyers Continue to Put Down Less Than 6%!
According to the Realtors Confidence Index from the National Association of Realtors, 61% of first-time homebuyers purchased their homes with down payments below 6% in 2017.
![Want to Sell Your House Faster? Don’t Forget to Stage! [INFOGRAPHIC] | Keeping Current Matters](https://files.keepingcurrentmatters.com/wp-content/uploads/2018/07/11165551/20180713-Share-STM-705x385.jpg "Want to Sell Your House Faster? Don’t Forget to Stage! [INFOGRAPHIC] | Keeping Current Matters")
Want to Sell Your House Faster? Don’t Forget to Stage! [INFOGRAPHIC]
![Want to Sell Your House Faster? Don’t Forget to Stage! [INFOGRAPHIC] | Keeping Current Matters](https://files.keepingcurrentmatters.com/wp-content/uploads/2018/07/11165524/20180713-KCM-ENG.jpg)
House-Buying Power at Near-Historic Levels
We keep hearing that home affordability is approaching crisis levels. While this may be true in a few metros across the country, housing affordability is not a challenge in the clear majority of the country. In their most recent Real House Price Index, First American reported that consumer “house-buying power” is at "near-historic levels.”
Rising Interest Rates Have Not Dampened Demand
Since the beginning of the year, mortgage interest rates have risen over a half of a percentage point (from 3.95% to 4.52%), according to Freddie Mac. Even a small rise in interest rates can greatly impact a buyer’s monthly mortgage payment.
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