![Homes Are Selling Quickly [INFOGRAPHIC] | Keeping Current Matters](https://files.keepingcurrentmatters.com/wp-content/uploads/2019/10/16165955/20191018-KCM-Share.jpg "Homes Are Selling Quickly [INFOGRAPHIC] | Keeping Current Matters")
Homes Are Selling Quickly [INFOGRAPHIC]
![Homes Are Selling Quickly [INFOGRAPHIC] | Keeping Current Matters](https://files.keepingcurrentmatters.com/wp-content/uploads/2019/10/16170429/20191018-NM-.jpg)
Some Highlights:
- The National Association of REALTORS® surveyed their members for the release of their Confidence Index.
- The REALTORS® Confidence Index is a key indicator of housing market strength based on a monthly survey sent to over 50,000 real estate practitioners. Practitioners are asked about their expectations for home sales, prices, and market conditions.
- Homes across the country are selling quickly, in an average of just 31 days.
- 49% of homes sold in less than a month.
3 Reasons This is NOT the 2008 Real Estate Market
Today’s real estate market is nothing like the 2008 market. When an economic slowdown happens, it won’t resemble the last one.
3 Reasons to Use a Real Estate Pro in a Complex Digital World
If you’re searching for a home online, don’t skip over the support of an educated and informed real estate professional. Here’s why the Internet is a great place to start the home-buying process, and the truth on why it should never be your only go-to resource when it comes to making such an important decision.
Be on the Lookout for Gen Z: The Next Generation of Homebuyers
Gen Zers are the next generation of homeowners, and they’re eager to jump in and buy their first homes. Whether you are part of this generation or any other, it’s never too early to start saving, so you can reach your homeownership goal sooner rather than later.
Existing-Home Sales Report Indicates Now Is a Great Time to Sell
Based on the current state of the market, trends are shifting in favor of sellers. If you are going to sell, now may be the time to take advantage of the number of buyers who are searching for their dream home.
![What You Need to Know About the Mortgage Process [INFOGRAPHIC] | Keeping Current Matters](https://files.keepingcurrentmatters.com/wp-content/uploads/2019/10/02134136/20191011-Share-KCM.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/2019/10/02133211/20191011-NM.jpg)
Some Highlights:
- Many buyers are purchasing homes with down payments as little as 3%.
- You may already qualify for a loan, even if you don’t have perfect credit.
- Your local professionals are here to help you determine how much you can afford, so take advantage of the opportunity to learn more.
You Need More Than a Guide. You Need a Sherpa.
In today’s world, hiring an agent who has a finger on the pulse of the market will make your buying or selling experience an educated one.
Homeownership is the Top Contributor to Your Net Worth
Recently two U.S. Census Bureau researchers released their findings on the biggest determinants of household wealth. What they found may help shape your view on building your family’s net worth.
What FICO® Score Do You Need to Qualify for a Mortgage?
It’s common knowledge that your FICO® score plays an important role in the homebuying process. However, many buyers have misconceptions regarding what exactly is required to get the loans they need.
62% of Buyers Are Wrong About Down Payment Needs
According to the ‘2019 Home Buyer Report’ conducted by Nerdwallet, many first-time buyers still believe they need a 20% down payment to buy a home in today’s market. The reality is, a down payment is often much less.
![5 Homebuying Acronyms You Need to Know [INFOGRAPHIC] | Keeping Current Matters](https://files.keepingcurrentmatters.com/wp-content/uploads/2019/10/02130749/20191004-Share-KCM.jpg "5 Homebuying Acronyms You Need to Know [INFOGRAPHIC] | Keeping Current Matters")
5 Homebuying Acronyms You Need to Know [INFOGRAPHIC]
![5 Homebuying Acronyms You Need to Know [INFOGRAPHIC] | Keeping Current Matters](https://files.keepingcurrentmatters.com/wp-content/uploads/2019/10/02130515/20191004-NM.jpg)
Some Highlights:
- Learning the lingo of homebuying is an important part of feeling successful when buying a home.
- From APR to P&I, you need to know the acronyms that will come up along the way, and what they mean when you hear them.
- Your local professionals are here to help you feel confident and informed from start to finish…and this infographic will help you as you go.
3 Signs the Housing Market Is on the Rebound
The residential real estate market has been plodding along for most of the year. However, three recent reports show the market may be on the verge of a rebound.
4 Tips to Improve Your Home and Save on Your Energy Bill
By making a few key upgrades to your home, you’ll save on your utility bills and improve the energy efficiency of your home. When you’re ready to sell your house, these key features will make it even more attractive to potential buyers.
What to Expect from Your Home Inspection
You made an offer and it was accepted. Your next task is to have the home inspected prior to closing. Agents often recommend you make your offer contingent upon a clean home inspection.
How Does the Supply of Homes for Sale Impact Buyer Demand?
The latest edition of the Realtors Confidence Index from NAR sheds some light on the relationship between seller traffic (supply) and buyer traffic (demand). Until the supply of homes for sale starts to meet buyer demand, prices will continue to rise.
![What Is the Cost of Waiting Until Next Year to Buy? [INFOGRAPHIC] | Keeping Current Matters](https://files.keepingcurrentmatters.com/wp-content/uploads/2019/09/26113053/20190927-Share-KCM.jpg "What Is the Cost of Waiting Until Next Year to Buy? [INFOGRAPHIC] | Keeping Current Matters")
What Is the Cost of Waiting Until Next Year to Buy? [INFOGRAPHIC]
![What Is the Cost of Waiting Until Next Year to Buy? [INFOGRAPHIC] | Keeping Current Matters](https://files.keepingcurrentmatters.com/wp-content/uploads/2019/09/26112529/20190927-NM.jpg)
Some Highlights:
- The “cost of waiting to buy” is defined as the additional funds necessary to buy a home if prices and interest rates were to increase over a period of time.
- Freddie Mac forecasts interest rates will rise to 3.8% by Q4 2020.
- CoreLogic predicts home prices will appreciate by 5.4% over the next 12 months.
- If you’re ready and willing to buy your dream home, now is a great time to buy.
Homeowners Are Happy! Renters? Not So Much.
When people talk about homeownership and the American Dream, much of the conversation revolves around the financial benefits of owning a home. However, two recent studies show that the non-financial benefits might be even more valuable.
Are You Ready for the ‘Black Friday’ of Real Estate?
According to a new study from realtor.com, the week of September 22 is the best time of year to buy a home, making it ‘Black Friday’ for homebuyers.
Should You Fix Your House Up or Sell Now?
If you’re thinking about remodeling your house before you list it, take a look at these three tips to help you decide if you really need to fix it up before you sell. The answer may surprise you.
Is Your House “Priced to Sell Immediately”?
In today’s real estate market, more houses are coming to market every day. Eager buyers are searching for their dream homes, so setting the right price for your house is one of the most important things you can do.
![4 Reasons to Sell This Fall [INFOGRAPHIC] | Keeping Current Matters](https://files.keepingcurrentmatters.com/wp-content/uploads/2019/09/19144503/20190920-Share-KCM.jpg "4 Reasons to Sell This Fall [INFOGRAPHIC] | Keeping Current Matters")
4 Reasons to Sell This Fall [INFOGRAPHIC]
![4 Reasons to Sell This Fall [INFOGRAPHIC] | Keeping Current Matters](https://files.keepingcurrentmatters.com/wp-content/uploads/2019/09/19144050/20190920-NM.jpg)
Some Highlights:
- Buyers are active in the market and often competing with one another for available listings.
- Housing inventory is still under the 6-month supply found in a normal housing market.
- Homes are still selling relatively quickly, averaging 31 days on the market.
One of the Top Reasons to Own a Home
One of the benefits of homeownership is that it is a “forced savings plan.” Here’s how it works: You make a mortgage payment each month. Part of that payment is applied to the principal balance of your mortgage. Each month you owe less on the home. The difference between the value of the home and what you owe is called equity.
What Buyers Need to Know About HOAs
When searching for a home, you may end up selecting a property in a neighborhood with a Homeowners Association (HOA). Before you buy, it’s important to know how they work and what they mean for you.
Home Prices Increase in Every Price Range
Price appreciation can differ depending on your price range. CoreLogic analyzed four individual home prices tiers and shares the increase in each one.
Things to Avoid After Applying for a Mortgage
Congratulations! You’ve found a home to buy and have applied for a mortgage! You're undoubtedly excited about the opportunity to decorate your new home, but before you make any large purchases, move your money around, or make any big-time life changes, consult your loan officer – someone who will be able to tell you how your decisions will impact your home loan.
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