Is the Real Estate Market Finally Getting Back to Normal?
The housing market has been anything but normal for the last eleven years. In a normal real estate market, home prices appreciate 3.7% annually. Below, however, are the price swings since 2007 according to the latest Home Price Expectation Survey:
25% of Homes with a Mortgage are Now Equity Rich!
Rising home prices have been in the news a lot lately and much of the focus has been on whether home prices are accelerating too quickly, as well as how sustainable the growth in prices really is. One of the often-overlooked benefits of rising prices, however, is the impact that they have on a homeowner’s equity position.
Home Prices: The Difference 5 Years Makes
CoreLogic recently released their Home Price Index Report. One of the key indicators used in the report to determine the health of the housing market was home price appreciation. CoreLogic focused on appreciation from July 2013 to July 2018 to show how prices over the last five years have fared.
If You Are Thinking of Selling You Must Act NOW!
If you thought about selling your house this year, now more than ever may be the time to do it! The inventory of homes for sale is well below historic norms and buyer demand is skyrocketing. We were still in high school when we learned about the concept of supply and demand, so we understand that the best time to sell something is when the supply of that item is low and demand for that item is high. That defines today’s real estate market.
![Is Buying a Home Really More Stressful Than Planning a Wedding? [INFOGRAPHIC] | Keeping Current Matters](https://files.keepingcurrentmatters.com/wp-content/uploads/2018/09/10165503/20180914-Share-STM-705x385.jpg "Is Buying a Home Really More Stressful Than Planning a Wedding? [INFOGRAPHIC] | Keeping Current Matters")
Is Buying a Home Really More Stressful Than Planning a Wedding? [INFOGRAPHIC]
![Is Buying a HOME really MORE STRESSFUL Than Planning a WEDDING? [INFOGRAPHIC] | Keeping Current Matters](https://files.keepingcurrentmatters.com/wp-content/uploads/2018/09/10165032/20180914-KCM-ENG.jpg)
Are Homebuyers Starting to Hit the ‘Pause’ Button?
For the last several years, buyer demand has far exceeded the housing supply available for sale. This low supply and high demand have led to home prices appreciating by an average of 6.2% annually since 2012.
Home Prices Have Appreciated 6.9% in 2018
Between 1987 and 1999, which is often referred to as the ‘Pre-Bubble Period,’ home prices grew at an average of 3.6% according to the Home Price Expectation Survey.
NAR Reports Show It’s A Great Time to Sell!
We all realize that the best time to sell anything is when the demand for that item is high and the supply of that item is limited. The last two major reports issued by the National Association of Realtors (NAR) revealed information that suggests that right now continues to be a great time to sell your house.
4 Reasons Why Fall Is A Great Time to Buy A Home!
Here are four great reasons to consider buying a home today instead of waiting.
Home Prices Up 6.49% Across the Country! [INFOGRAPHIC]
![Home Prices Up 6.49% Across the Country! [INFOGRAPHIC] | Keeping Current Matters](https://files.keepingcurrentmatters.com/wp-content/uploads/2018/08/31115915/20180907-KCM-ENG.jpg)
What Does the Future Hold for Home Prices?
Home prices are at the top of everyone’s minds. Can they maintain their current pace of appreciation? Will rising mortgage rates negatively impact home values? Will the next economic slowdown cause prices to crash?
Homeownership is a Dominant Gene
There are many things that factor into the decision to buy a home. New research from the Urban Institute suggests that one of those things may be inherited from your parents.
Rents Are on The Rise: Don’t Get Caught in The Rental Trap!
There are many benefits to homeownership, but one of the top benefits is protecting yourself from rising rents by locking in your housing cost for the life of your mortgage.
5 Reasons You Should Sell This Fall!
Here are five reasons why listing your home for sale this fall makes sense.
A+ Reasons to Hire a Real Estate Pro [INFOGRAPHIC]
![A+ Reasons to Hire a Real Estate Pro [INFOGRAPHIC] | Keeping Current Matters](https://files.keepingcurrentmatters.com/wp-content/uploads/2018/08/21151900/20180831-KCM-ENG.jpg)
Why are Existing Home Sales Down?
The latest Existing Home Sales Report issued by the National Association of Realtors (NAR) revealed that home sales have decreased for four consecutive months and are at their slowest pace in over two years. This has some industry leaders puzzled considering the fact that the economy is strengthening, unemployment is down, and wages are beginning to rise. This begs the question: “Where are the buyers?”
Top 3 Myths About Today’s Real Estate Market
There are many conflicting headlines when it comes to describing today’s real estate market. Some are making comparisons to the market we experienced 10 years ago and are starting to believe that we may be doomed to repeat ourselves. Others are just plain wrong when it comes to what it takes to qualify for a mortgage.
Home Sales Expected to Continue Increasing in 2019
Freddie Mac, Fannie Mae, and the Mortgage Bankers Association are all projecting that home sales will increase nicely in 2019. Below is a chart depicting the projections of each entity for the remainder of 2018, as well as for 2019.
Rent or Buy: Either Way You’re Paying A Mortgage!
There are some people who have not purchased homes because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize, however, that unless you are living with your parents rent-free, you are paying a mortgage – either yours or your landlord’s.
![Find Out Why the Housing Market Will Survive the Next Economic Slowdown [FREE WEBINAR]](https://files.keepingcurrentmatters.com/wp-content/uploads/2018/08/21145548/08.29-BlogPost.png "Find Out Why the Housing Market Will Survive the Next Economic Slowdown [FREE WEBINAR]")
Find Out Why the Housing Market Will Survive the Next Economic Slowdown [FREE WEBINAR]
What State Gives You the Most ‘Bang for Your Buck’? [INFOGRAPHIC]
![What State Gives You the Most ‘Bang for Your Buck’? [INFOGRAPHIC] | Keeping Current Matters](https://files.keepingcurrentmatters.com/wp-content/uploads/2018/08/21115411/20180824-KCM-ENG.jpg)
What Does the Recent Rash of Price Reductions Mean to the Real Estate Market?
Last week, in a new report from Zillow, it was revealed that there has been a rash of price reductions across the country. According to the report:
Having Trouble Saving Enough for Your Down Payment? Crowdfund It!
You read that right! First-time buyers across the country are getting creative when it comes to saving the necessary down payment to buy a home.
5 Real Estate Reality TV Myths Explained
Have you ever been flipping through the channels, only to find yourself glued to the couch in an HGTV binge session? We’ve all been there, watching entire seasons of “Love it or List it,” “Million Dollar Listing,” “House Hunters,” “Property Brothers,” and so many more all in one sitting.
The Net Worth of a Homeowner is 44x Greater Than A Renter!
Every three years, the Federal Reserve conducts their Survey of Consumer Finances in which they collect data across all economic and social groups. Their latest survey data, covering 2013-2016 was recently released.
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