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Why Houses DO NOT Sell in a Strong Market

As we approach the end of the year, many homeowners find themselves asking the question, “If we’re currently in a strong real estate market, why won’t my house sell?”
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5 Reasons to Sell This Winter!

Here are five reasons listing your home for sale this winter makes sense. 
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4 Reasons to Sell Your House This Winter [INFOGRAPHIC]

4 Reasons to Sell Your House This Winter [INFOGRAPHIC] | Simplifying The Market

Some Highlights

  • Buyer demand continues to outpace the supply of homes for sale which means that buyers are often competing with one another for the few listings that are available!
  • Housing inventory is still under the 6-month supply needed to sustain a normal housing market.
  • Perhaps the time has come for you and your family to move on and start living the life you desire.
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How to Simply Increase Your Family Wealth by Paying for Housing

Everyone should realize that unless you are living somewhere rent-free, you are paying a mortgage – either yours or your landlord’s. Buying your own home provides you with a form of ‘forced savings’ that allows you to use your monthly housing costs to increase your family’s wealth.
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The Tale of Two Markets [INFOGRAPHIC]

The Tale of Two Markets [INFOGRAPHIC] | Simplifying The Market

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 80 consecutive months.
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2008 vs. Now: Are Owners Using Their Homes as ATMs Again?

Over the last six years, we have experienced strong price appreciation which has increased home equity levels dramatically. As the number of “cash-out” refinances begins to approach numbers last seen during the crash, some are afraid that we may be repeating last decade’s mistake.
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Home Prices Up 6.34% Across the Country! [INFOGRAPHIC]

Home Prices Up 6.34% Across the Country! [INFOGRAPHIC] | Simplifying The Market

Some Highlights

  • The Federal Housing Finance Agency (FHFA) recently released their latest Quarterly Home Price Index report.
  • In the report, home prices are compared both regionally and by state.
  • Based on the latest numbers, if you plan on relocating to another state, waiting to move may end up costing you more!
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Further Proof It’s NOT 2008 All Over Again

Home sales numbers are leveling off, the rate of price appreciation has slowed to more historically normal averages, and inventory is finally increasing. We are headed into a more normal housing market.
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24% of Renters Believe Winter is the Best Time to Buy a Home

In real estate, the spring is often seen as the ideal time to buy or sell a house. The term “Spring Buyer's Season” exists for a reason, as renters and those looking to move on from their current home thaw out from the winter and hit the market ready to buy.
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The #1 Reason to Not Wait Until Spring to Sell Your House

Many sellers believe that spring is the best time to place their homes on the market because buyer demand traditionally increases at that time of year, but what they don’t realize is that if every homeowner believes the same thing, then that is when they will have the most competition!
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Existing Home Sales Slowed by a Lack of Listings [INFOGRAPHIC]

Existing Home Sales Reverse Trend as Buyers Return [INFOGRAPHIC] | Simplifying The Market

Some Highlights

  • Existing home sales are currently at an annual pace of 5.22 million, which is up 1.4% over last month. This reverses the six-month trend of dips in sales every month.
  • The inventory of existing homes is still below the 6-month supply needed for a normal market and is now at a 4.3-month supply.
  • NAR’s Chief Economist, Lawrence Yun, had this to say: “After six consecutive months of decline, buyers are finally stepping back into the housing market. As more inventory enters the market and we head into the winter season, home price growth has begun to slow more meaningfully. This allows for much more manageable, less frenzied buying conditions.”
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7 Reasons to List Your House For Sale This Holiday Season

Every year at this time there are many homeowners who decide to wait until after the holidays to list their homes for the first time, while others who already have their homes on the market decide to take them off until after the holidays.
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Home Sellers in Q3 Netted $61K at Resale

According to a recent report by ATTOM Data Solutions, home sellers who sold their homes in the third quarter of 2018 benefited from rising home prices and netted an average of $61,232.
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Are Homeowners Renovating to Sell or to Stay?

Over the past few years, two trends have emerged in the housing market:
  • Home renovations have shot up
  • Inventory of homes available for sale on the market has dropped
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    How to Honor a Veteran Today and Everyday

    One hundred years ago, on the eleventh hour of the eleventh day of the eleventh month, we marked the end of the “war to end all wars.” That day, which was to be observed annually on the eleventh day of the eleventh month, became known as Armistice Day and then, later on, became Veterans Day.
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    Why Has Housing Supply Increased as Sales Have Slowed Down?

    According to the latest Existing Home Sales Report from the National Association of Realtors (NAR), the inventory of homes for sale this year compared to last year has increased for the last four months, all while sales of existing homes have slowed compared to last year’s numbers.
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    The Difference an Hour Will Make This Fall [INFOGRAPHIC]

    The Difference an Hour Will Make This Fall [INFOGRAPHIC] | Simplifying The Market

    Every Hour in the US Housing Market: 

    • 596 Homes Sell
    • 278 Homes Regain Positive Equity
    • Median Home Values Go Up $1.20

    Some Highlights

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    How Will Home Sales Measure Up Next Year?

    There are many questions about where home sales are headed next year. We have gathered the most reliable sources to help answer this question. Here are our sources:
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    Thinking of Selling Your Home? Here’s Why You Need A Pro in Your Corner

    With home prices on the rise and buyer demand still strong, some sellers may be tempted to try and sell their homes on their own without using the services of a real estate professional.
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    Where are Home Values Headed over the Next Few Years?

    There are many questions about where home prices will be next year as well as where they may be headed over the next several years to come. We have gathered the most reliable sources to help answer these questions:
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    Will Home Prices Continue to Increase?

    There are many unsubstantiated theories about what is happening with home prices. From those who are worried that prices are falling (data shows this is untrue), to those who are concerned that prices are again approaching boom peaks because of “irrational exuberance” (this is also untrue as prices are not at peak levels when they are adjusted for inflation), there seems to be no shortage of opinion.
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    20 Tips for Preparing Your House for Sale This Fall [INFOGRAPHIC]

    20 Tips For Preparing Your House For Sale | Simplifying The Market

    Some Highlights

    • When listing your house for sale, your top goal will be to get the home sold for the best price possible!
    • There are many small projects that you can do to ensure this happens!
    • Let’s get together to discuss a list of specific suggestions for getting your house ready for market & potential local contractors who can help!
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    Baby Boomers are Downsizing, Are You Ready to Move?

    For a while now baby boomers have been blamed for a portion of the housing market’s current lack of housing inventory, but should they really be getting the blame?
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    Dispelling the Myth About Home Affordability

    We have all seen the headlines that report that buying a home is less affordable today than it was at any other time in the last ten years, and those headlines are accurate. But, have you ever wondered why the headlines don’t say the last 25 years, the last 20 years, or even the last 11 years?