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761 search results for: prices

751
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4.8 VisualMany sellers are still hesitant about putting their house up for sale. Where are prices headed? Where are interest rates headed? These are all valid questions. However, there are several reasons to sell your home sooner rather than later. Here are three of those reasons.

1. Demand is about to skyrocket

Most people realize that the housing market is hottest from April through June. The most serious buyers are well aware of this and, for that reason, come out in early spring in order to beat the heavy competition. We also have a pent-up demand as many buyers pushed off their home search this winter because of extreme weather. Sellers in markets where seasonal weather is never an issue must realize that buyers relocating to their region will increase dramatically this spring as these purchasers finally decide to escape the freezing temperatures of the winters in the north.

These buyers are ready, willing and able to buy…and are in the market right now!

2. There Is Less Competition - For Now

Housing supply always grows from the spring through the early summer. Also, there has been a growing desire for many homeowners to move as they were unable to sell over the last few years because of a negative equity situation. Homeowners have seen a return to positive equity as prices increased over the last eighteen months. Many of these homes will be coming to the market in the near future.

The choices buyers have will continue to increase over the next few months. Don’t wait until all the other potential sellers in your market put their homes up for sale.

3. There Will Never Be a Better Time to Move-Up

If you are moving up to a larger, more expensive home, consider doing it now. Prices are projected to appreciate by approximately 4% this year and 8% by the end of 2015. If you are moving to a higher priced home, it will wind-up costing you more in raw dollars (both in down payment and mortgage payment) if you wait. You can also lock-in your 30 year housing expense with an interest rate at about 4.5% right now. Freddie Mac projects rates to be 5.1% by this time next year and 5.7% by the fourth quarter of 2015.

Moving up to a new home will be less expensive this spring than later this year or next year.

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4.8 VisualMany sellers are still hesitant about putting their house up for sale. Where are prices headed? Where are interest rates headed? These are all valid questions. However, there are several reasons to sell your home sooner rather than later. Here are three of those reasons.

1. Demand is about to skyrocket

Most people realize that the housing market is hottest from April through June. The most serious buyers are well aware of this and, for that reason, come out in early spring in order to beat the heavy competition. We also have a pent-up demand as many buyers pushed off their home search this winter because of extreme weather. Sellers in markets where seasonal weather is never an issue must realize that buyers relocating to their region will increase dramatically this spring as these purchasers finally decide to escape the freezing temperatures of the winters in the north.

These buyers are ready, willing and able to buy…and are in the market right now!

2. There Is Less Competition - For Now

Housing supply always grows from the spring through the early summer. Also, there has been a growing desire for many homeowners to move as they were unable to sell over the last few years because of a negative equity situation. Homeowners have seen a return to positive equity as prices increased over the last eighteen months. Many of these homes will be coming to the market in the near future.

The choices buyers have will continue to increase over the next few months. Don’t wait until all the other potential sellers in your market put their homes up for sale.

3. There Will Never Be a Better Time to Move-Up

If you are moving up to a larger, more expensive home, consider doing it now. Prices are projected to appreciate by approximately 4% this year and 8% by the end of 2015. If you are moving to a higher priced home, it will wind-up costing you more in raw dollars (both in down payment and mortgage payment) if you wait. You can also lock-in your 30 year housing expense with an interest rate at about 4.5% right now. Freddie Mac projects rates to be 5.1% by this time next year and 5.7% by the fourth quarter of 2015.

Moving up to a new home will be less expensive this spring than later this year or next year.

[created_at] => 2014-05-05T06:00:10Z [description] => (English) Many sellers are still hesitant about putting their house up for sale. Where are prices headed? Where are interest rates headed? These are all valid questions. However, there are several reasons to sell your home sooner rather than later. H... [expired_at] => [featured_image] => https:/// [id] => 34 [published_at] => 2014-05-05T10:00:10Z [related] => Array ( ) [slug] => 3-reasons-to-sell-your-home-this-spring [status] => published [tags] => Array ( ) [title] => (English) 3 Reasons to Sell Your Home this Spring [updated_at] => 2014-05-02T20:08:37Z [url] => /es/2014/05/05/3-reasons-to-sell-your-home-this-spring/ )

(English) 3 Reasons to Sell Your Home this Spring

(English) Many sellers are still hesitant about putting their house up for sale. Where are prices headed? Where are interest rates headed? These are all valid questions. However, there are several reasons to sell your home sooner rather than later. H...
751
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    [agents_bottom_line] => (English) 4.30 VisualIn a recent interview on CNBC’s ‘Squawk Box’, Robert Shiller, Nobel Prize-winning economist and founder of the Case Shiller Price Index, discussed today’s housing market in a rather personal way. 

Shiller first commented that he believes 

"There is a certain, substantial amount of momentum in the housing market—much more so than the stock market."

He then went on to make the point more personal when he revealed:

"My son just bought a house. I told him, 'Fine’."

Why was Shiller so comfortable about his son’s purchase? As he explained:

"The futures market at the CME is predicting something like 25 percent higher home prices in 2018."

The ‘guru’ of home prices just proclaimed that this was a good time for his own family to purchase a home.

That begs the question: Are you advising your adult children that now may be the perfect time to buy?
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    [contents] => (English) 4.30 VisualIn a recent interview on CNBC’s ‘Squawk Box’, Robert Shiller, Nobel Prize-winning economist and founder of the Case Shiller Price Index, discussed today’s housing market in a rather personal way. 

Shiller first commented that he believes 

"There is a certain, substantial amount of momentum in the housing market—much more so than the stock market."

He then went on to make the point more personal when he revealed:

"My son just bought a house. I told him, 'Fine’."

Why was Shiller so comfortable about his son’s purchase? As he explained:

"The futures market at the CME is predicting something like 25 percent higher home prices in 2018."

The ‘guru’ of home prices just proclaimed that this was a good time for his own family to purchase a home.

That begs the question: Are you advising your adult children that now may be the perfect time to buy?
    [created_at] => 2014-04-30T06:00:28Z
    [description] => (English) In a recent interview on CNBC’s ‘Squawk Box’, Robert Shiller, Nobel Prize-winning economist and founder of the Case Shiller Price Index, discussed today’s housing market in a rather personal way. 

Shiller first commented that he believes...
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    [published_at] => 2014-04-30T10:00:28Z
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    [title] => (English) Shiller ‘FINE’ with his Son Buying a Home
    [updated_at] => 2014-04-28T22:12:28Z
    [url] => /es/2014/04/30/shiller-fine-with-his-son-buying-a-home/
)

(English) Shiller ‘FINE’ with his Son Buying a Home

(English) In a recent interview on CNBC’s ‘Squawk Box’, Robert Shiller, Nobel Prize-winning economist and founder of the Case Shiller Price Index, discussed today’s housing market in a rather personal way. Shiller first commented that he believes...
751
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    [agents_bottom_line] => (English) 4.29 VisualIn a recent blog post, FreddieMac explained that “housing is stronger today than at any point since the Great Recession began and hit bottom in 2009”. They then gave three reasons which support their position:
  1. Home sales are up 13% since their low point.
  2. Housing starts are up 50% since they bottomed out.
  3. House Prices are up 16% since their trough.

Projections Going Forward

FreddieMac also believes that the market will continue to improve through 2014. They projected:
  1. Home sales to increase about 3% in 2014 as the purchase market continues to evolve
  2. Almost 20% growth for housing starts in 2014, which will begin to help ease tight inventories in many markets
  3. Home value increases will continue their positive momentum in 2014
Frank Nothaft, Freddie Mac vice president and chief economist, further explained what the housing market may look like in the agency’s April 2014 U.S. Economic and Housing Market Outlook: "Tight inventory may pose a significant challenge for home buyers in many markets across the country, which may result in higher home prices and sales being lower than expected. This is good news for those markets that have room to run on the house price appreciation front, but it's also going to increase the affordability pinch in many markets, especially along the country's east and west coasts. Two indicators that are supporting local housing activity are rising consumer confidence and declining unemployment rates."

Bottom Line

The real estate market is improving every day. The biggest challenge is a lack of inventory in many markets. If you are thinking about selling, now may be the time to make the move. [assets] => Array ( ) [can_share] => no [categories] => Array ( [0] => stdClass Object ( [category_type] => standard [children] => [created_at] => 2019-06-03T18:18:43Z [id] => 5 [name] => Para los compradores [parent] => [parent_id] => [published_at] => 2019-06-03T18:18:43Z [slug] => buyers [status] => public [translations] => stdClass Object ( ) [updated_at] => 2019-06-03T18:18:43Z ) [1] => stdClass Object ( [category_type] => standard [children] => [created_at] => 2019-06-03T18:18:43Z [id] => 6 [name] => Para los vendedores [parent] => [parent_id] => [published_at] => 2019-06-03T18:18:43Z [slug] => sellers [status] => public [translations] => stdClass Object ( ) [updated_at] => 2019-06-03T18:18:43Z ) ) [content_type] => blog [contents] => (English) 4.29 VisualIn a recent blog post, FreddieMac explained that “housing is stronger today than at any point since the Great Recession began and hit bottom in 2009”. They then gave three reasons which support their position:
  1. Home sales are up 13% since their low point.
  2. Housing starts are up 50% since they bottomed out.
  3. House Prices are up 16% since their trough.

Projections Going Forward

FreddieMac also believes that the market will continue to improve through 2014. They projected:
  1. Home sales to increase about 3% in 2014 as the purchase market continues to evolve
  2. Almost 20% growth for housing starts in 2014, which will begin to help ease tight inventories in many markets
  3. Home value increases will continue their positive momentum in 2014
Frank Nothaft, Freddie Mac vice president and chief economist, further explained what the housing market may look like in the agency’s April 2014 U.S. Economic and Housing Market Outlook: "Tight inventory may pose a significant challenge for home buyers in many markets across the country, which may result in higher home prices and sales being lower than expected. This is good news for those markets that have room to run on the house price appreciation front, but it's also going to increase the affordability pinch in many markets, especially along the country's east and west coasts. Two indicators that are supporting local housing activity are rising consumer confidence and declining unemployment rates."

Bottom Line

The real estate market is improving every day. The biggest challenge is a lack of inventory in many markets. If you are thinking about selling, now may be the time to make the move. [created_at] => 2014-04-29T06:00:23Z [description] => (English) In a recent blog post, FreddieMac explained that “housing is stronger today than at any point since the Great Recession began and hit bottom in 2009”. They then gave three reasons which support their position: Home sales are up 13% sinc... [expired_at] => [featured_image] => https:/// [id] => 30 [published_at] => 2014-04-29T10:00:23Z [related] => Array ( ) [slug] => freddiemac-housing-is-stronger-today-2 [status] => published [tags] => Array ( ) [title] => (English) FreddieMac: Housing is Stronger Today [updated_at] => 2014-04-29T14:09:29Z [url] => /es/2014/04/29/freddiemac-housing-is-stronger-today-2/ )

(English) FreddieMac: Housing is Stronger Today

(English) In a recent blog post, FreddieMac explained that “housing is stronger today than at any point since the Great Recession began and hit bottom in 2009”. They then gave three reasons which support their position: Home sales are up 13% sinc...
751
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    [agents_bottom_line] => (English) Solid InvestmentsThe Gallup organization just released their April Economy and Personal Finances Poll which asked Americans to choose the best option for long term investment. It was no surprise to us that real estate returned to the top position over other investment categories (gold, stocks/mutual funds, savings accounts/CDs and bonds).

Back in 2011, gold was the most popular long-term investment among Americans. However, with the housing market improving across the U.S. and home prices rising, more Americans now consider real estate the best option for long-term investments.

4.28 Visual 1000

The poll also revealed that real estate was considered to be the best long term investment by all four subgroups by age and two out of three by income:

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    [content_type] => blog
    [contents] => (English) Solid InvestmentsThe Gallup organization just released their April Economy and Personal Finances Poll which asked Americans to choose the best option for long term investment. It was no surprise to us that real estate returned to the top position over other investment categories (gold, stocks/mutual funds, savings accounts/CDs and bonds).

Back in 2011, gold was the most popular long-term investment among Americans. However, with the housing market improving across the U.S. and home prices rising, more Americans now consider real estate the best option for long-term investments.

4.28 Visual 1000

The poll also revealed that real estate was considered to be the best long term investment by all four subgroups by age and two out of three by income:

Visual3
    [created_at] => 2014-04-28T07:00:36Z
    [description] => (English) The Gallup organization just released their April Economy and Personal Finances Poll which asked Americans to choose the best option for long term investment. It was no surprise to us that real estate returned to the top position over other...
    [expired_at] => 
    [featured_image] => https:///
    [id] => 29
    [published_at] => 2014-04-28T07:00:36Z
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    [slug] => gallup-poll-real-estate-best-long-term-investment
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    [title] => (English) Gallup Poll: Real Estate Best Long Term Investment
    [updated_at] => 2014-04-28T16:56:11Z
    [url] => /es/2014/04/28/gallup-poll-real-estate-best-long-term-investment/
)

(English) Gallup Poll: Real Estate Best Long Term Investment

(English) The Gallup organization just released their April Economy and Personal Finances Poll which asked Americans to choose the best option for long term investment. It was no surprise to us that real estate returned to the top position over other...
751
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    [agents_bottom_line] => (English) Young Couple Moving HouseThere is a great opportunity that exists now for Millennials who are willing and able to purchase a home NOW... Here are a couple other ways to look at the cost of waiting.

Let’s say you're 30 and your dream house costs $250,000 today, at 4.41% your monthly Mortgage Payment with Interest would be $1,253.38.

But you’re busy, you like your apartment, moving is such a hassle...You decide to wait till the end of next year to buy and all of a sudden, you’re 31, that same house is $270,000, at 5.7%. Your new payment per month is $1,567.08.

The difference in payment is $313.70 PER MONTH!

That’s like taking a $10 bill and tossing it out the window EVERY DAY! Or you could look at it this way:
  • That’s your morning coffee everyday on the way to work (Average $2) with $12 left for lunch!
  • There goes Friday Sushi Night! ($80 x 4)
  • Stressed Out? How about 3 deep tissue massages with tip!
  • Need a new car? You could get a brand new $22,000 car for $313.00 per month.
Let’s look at that number annually! Over the course of your new mortgage at 5.7%, your annual additional cost would be $3,764.40! Had your eye on a vacation in the Caribbean? How about a 2-week trip through Europe? Or maybe your new house could really use a deck for entertaining.  We could come up with 100’s of ways to spend $3,764, and we’re sure you could too! Over the course of your 30 year loan, now at age 61, hopefully you are ready to retire soon, you would have spent an additional $112,932, all because when you were 30 you thought moving in 2014 was such a hassle or loved your apartment too much to leave yet. Or maybe there wasn’t an agent out there who educated you on the true cost of waiting a year. Maybe they thought you wouldn’t be ready, but if they showed you that you could save $112,932, you’d at least listen to what they had to say. They say hindsight is 20/20, we’d like to think that 30 years from now when you are 60, looking back, you would say to buy now… [assets] => Array ( ) [can_share] => no [categories] => Array ( [0] => stdClass Object ( [category_type] => standard [children] => [created_at] => 2019-06-03T18:18:43Z [id] => 5 [name] => Para los compradores [parent] => [parent_id] => [published_at] => 2019-06-03T18:18:43Z [slug] => buyers [status] => public [translations] => stdClass Object ( ) [updated_at] => 2019-06-03T18:18:43Z ) ) [content_type] => blog [contents] => (English) Young Couple Moving HouseThere is a great opportunity that exists now for Millennials who are willing and able to purchase a home NOW... Here are a couple other ways to look at the cost of waiting. Let’s say you're 30 and your dream house costs $250,000 today, at 4.41% your monthly Mortgage Payment with Interest would be $1,253.38. But you’re busy, you like your apartment, moving is such a hassle...You decide to wait till the end of next year to buy and all of a sudden, you’re 31, that same house is $270,000, at 5.7%. Your new payment per month is $1,567.08.

The difference in payment is $313.70 PER MONTH!

That’s like taking a $10 bill and tossing it out the window EVERY DAY! Or you could look at it this way:
  • That’s your morning coffee everyday on the way to work (Average $2) with $12 left for lunch!
  • There goes Friday Sushi Night! ($80 x 4)
  • Stressed Out? How about 3 deep tissue massages with tip!
  • Need a new car? You could get a brand new $22,000 car for $313.00 per month.
Let’s look at that number annually! Over the course of your new mortgage at 5.7%, your annual additional cost would be $3,764.40! Had your eye on a vacation in the Caribbean? How about a 2-week trip through Europe? Or maybe your new house could really use a deck for entertaining.  We could come up with 100’s of ways to spend $3,764, and we’re sure you could too! Over the course of your 30 year loan, now at age 61, hopefully you are ready to retire soon, you would have spent an additional $112,932, all because when you were 30 you thought moving in 2014 was such a hassle or loved your apartment too much to leave yet. Or maybe there wasn’t an agent out there who educated you on the true cost of waiting a year. Maybe they thought you wouldn’t be ready, but if they showed you that you could save $112,932, you’d at least listen to what they had to say. They say hindsight is 20/20, we’d like to think that 30 years from now when you are 60, looking back, you would say to buy now… [created_at] => 2014-04-22T07:00:25Z [description] => (English) There is a great opportunity that exists now for Millennials who are willing and able to purchase a home NOW... Here are a couple other ways to look at the cost of waiting. Let’s say you're 30 and your dream house costs $250,000 today, a... [expired_at] => [featured_image] => https:/// [id] => 25 [published_at] => 2014-04-22T07:00:25Z [related] => Array ( ) [slug] => with-rates-prices-on-the-rise-do-you-know-the-true-cost-of-waiting [status] => published [tags] => Array ( ) [title] => (English) With Rates & Prices on the Rise, Do You Know the True Cost of Waiting? [updated_at] => 2014-05-13T17:17:41Z [url] => /es/2014/04/22/with-rates-prices-on-the-rise-do-you-know-the-true-cost-of-waiting/ )

(English) With Rates & Prices on the Rise, Do You Know the True Cost of Waiting?

(English) There is a great opportunity that exists now for Millennials who are willing and able to purchase a home NOW... Here are a couple other ways to look at the cost of waiting. Let’s say you're 30 and your dream house costs $250,000 today, a...
751
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    [agents_bottom_line] => (English) wealthy houseThere are some people that have not purchased a home because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize that, unless you are living with our parents rent free, you are paying a mortgage - either your mortgage or your landlord’s.

As a recent paper from the Joint Center for Housing Studies at Harvard University explains:

“Households must consume housing whether they own or rent. Not even accounting for more favorable tax treatment of owning, homeowners pay debt service to pay down their own principal while households that rent pay down the principal of a landlord plus a rate of return. That’s yet another reason owning often does—as Americans intuit—end up making more financial sense than renting.”

Also, if you purchase with a 30-year fixed rate mortgage, your ‘housing expense’ is locked in over the thirty years for the most part. If you rent, the one guarantee you will have is that your rent will increase over that same thirty year time period.

Whether you are looking for a primary residence for the first time or are considering a vacation home on the shore, owning might make more sense than renting since prices and interest rates are still at bargain prices.
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    [contents] => (English) wealthy houseThere are some people that have not purchased a home because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize that, unless you are living with our parents rent free, you are paying a mortgage - either your mortgage or your landlord’s.

As a recent paper from the Joint Center for Housing Studies at Harvard University explains:

“Households must consume housing whether they own or rent. Not even accounting for more favorable tax treatment of owning, homeowners pay debt service to pay down their own principal while households that rent pay down the principal of a landlord plus a rate of return. That’s yet another reason owning often does—as Americans intuit—end up making more financial sense than renting.”

Also, if you purchase with a 30-year fixed rate mortgage, your ‘housing expense’ is locked in over the thirty years for the most part. If you rent, the one guarantee you will have is that your rent will increase over that same thirty year time period.

Whether you are looking for a primary residence for the first time or are considering a vacation home on the shore, owning might make more sense than renting since prices and interest rates are still at bargain prices.
    [created_at] => 2014-04-21T06:00:44Z
    [description] => (English) There are some people that have not purchased a home because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize that, unless you are living with our parents rent free, you are paying a mortgage - either y...
    [expired_at] => 
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    [id] => 24
    [published_at] => 2014-04-21T10:00:44Z
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    [title] => Either Way, You’re Still Paying a Mortgage
    [updated_at] => 2014-07-21T18:21:30Z
    [url] => /es/2014/04/21/either-way-youre-still-paying-a-mortgage/
)

Either Way, You’re Still Paying a Mortgage

(English) There are some people that have not purchased a home because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize that, unless you are living with our parents rent free, you are paying a mortgage - either y...
751
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    [agents_bottom_line] => (English) Just like May flowers, every spring the housing market blossoms as buyers come out ready to purchase their dream house. This spring, we believe we are going to see the strongest purchasing market we have seen in a decade.

Why are we so bullish on the housing market this spring?

Here are a few reasons:

MILLENNIALS

Contrary to many reports, this age demographic is READY, WILLING and ABLE to become homeowners. As a matter of fact, the latest National Association of Realtors’ gender study revealed that the Millennial generation has recently accounted for a greater percentage of all buyers than any other generation.

BABY BOOMERS

As prices have risen, so has the equity in many homes across American. Homeowners, having been shackled to their house because of low or negative equity for the last several years, are again free to make a move without worrying about bringing cash to a closing table in order to sell. We believe this new-found freedom will release a pent-up demand of sellers who want to move-up to the home they’ve always dreamed of or want to downsize their primary residence and also purchase a second home they can use for vacation, retirement or both.

BOTH PRICES and MORTGAGE RATES are on the RISE

As the economy improves, more and more Americans are regaining faith that their own personal finances are headed in a positive direction. With this new confidence, they want to take advantage of the opportunity that presents itself with real estate still undervalued in most parts of the country and mortgage rates being well below historic numbers. If you are a professional in the industry and want to learn how to leverage this opportunity and optimize your business during this spring’s real estate market, you can watch a FREE replay of our most recent webinar, Spring Ahead in 2014: KCM’s Action Plan for Dominating this Buyers’ Season. [assets] => Array ( ) [can_share] => no [categories] => Array ( [0] => stdClass Object ( [category_type] => standard [children] => [created_at] => 2019-06-03T18:18:43Z [id] => 1 [name] => No clasificado [parent] => [parent_id] => [published_at] => 2019-06-03T18:18:43Z [slug] => uncategorized [status] => public [translations] => stdClass Object ( ) [updated_at] => 2019-06-03T18:18:43Z ) ) [content_type] => blog [contents] => (English) Just like May flowers, every spring the housing market blossoms as buyers come out ready to purchase their dream house. This spring, we believe we are going to see the strongest purchasing market we have seen in a decade. Why are we so bullish on the housing market this spring? Here are a few reasons:

MILLENNIALS

Contrary to many reports, this age demographic is READY, WILLING and ABLE to become homeowners. As a matter of fact, the latest National Association of Realtors’ gender study revealed that the Millennial generation has recently accounted for a greater percentage of all buyers than any other generation.

BABY BOOMERS

As prices have risen, so has the equity in many homes across American. Homeowners, having been shackled to their house because of low or negative equity for the last several years, are again free to make a move without worrying about bringing cash to a closing table in order to sell. We believe this new-found freedom will release a pent-up demand of sellers who want to move-up to the home they’ve always dreamed of or want to downsize their primary residence and also purchase a second home they can use for vacation, retirement or both.

BOTH PRICES and MORTGAGE RATES are on the RISE

As the economy improves, more and more Americans are regaining faith that their own personal finances are headed in a positive direction. With this new confidence, they want to take advantage of the opportunity that presents itself with real estate still undervalued in most parts of the country and mortgage rates being well below historic numbers. If you are a professional in the industry and want to learn how to leverage this opportunity and optimize your business during this spring’s real estate market, you can watch a FREE replay of our most recent webinar, Spring Ahead in 2014: KCM’s Action Plan for Dominating this Buyers’ Season. [created_at] => 2014-04-17T07:00:13Z [description] => (English) Just like May flowers, every spring the housing market blossoms as buyers come out ready to purchase their dream house. This spring, we believe we are going to see the strongest purchasing market we have seen in a decade. Why are we so b... [expired_at] => [featured_image] => https:/// [id] => 22 [published_at] => 2014-04-17T07:00:13Z [related] => Array ( ) [slug] => real-estate-this-spring-will-be-different [status] => published [tags] => Array ( ) [title] => (English) Real Estate: This Spring Will Be Different [updated_at] => 2015-11-18T14:26:02Z [url] => /es/2014/04/17/real-estate-this-spring-will-be-different/ )

(English) Real Estate: This Spring Will Be Different

(English) Just like May flowers, every spring the housing market blossoms as buyers come out ready to purchase their dream house. This spring, we believe we are going to see the strongest purchasing market we have seen in a decade. Why are we so b...
751
stdClass Object
(
    [agents_bottom_line] => (English) Extended family walking on beachThe sales of vacation homes skyrocketed last year. A recent study also revealed that 25% of those surveyed said they’d likely buy a second home, such as a vacation or beach house, to use during retirement. For many Baby Boomers, the idea of finally purchasing that vacation home (that they may eventually use in retirement) makes more and more sense as the economy improves and the housing market recovers.

If your family is thinking about purchasing that second home, now may be the perfect time. Prices are still great. If you decide to lease the property until you’re ready to occupy it full time, the rental market in most areas is very strong. And you can still get a great mortgage interest rate.

But current mortgage rates won’t last forever…

According to FreddieMac, the interest rate for a 30 year fixed rate mortgage at the beginning of April was 4.4%. However, FreddieMac predicts that mortgage rates will steadily climb over the next six quarters. Let’s assume you want to purchase a home for $500,000 with a 20% down payment ($100,000). That would leave you with a $400,000 mortgage. What happens if you wait to buy this dream house? Prices are projected to increase over the next year and a half. However, for this example, let’s assume prices remain the same. Your mortgage payment will still increase as mortgage rates climb to more historically normal levels. This table shows how a principal and interest payment is impacted by a rise in interest rates:

Cost of Waiting $400K

[assets] => Array ( ) [can_share] => no [categories] => Array ( [0] => stdClass Object ( [category_type] => standard [children] => [created_at] => 2019-06-03T18:18:43Z [id] => 5 [name] => Para los compradores [parent] => [parent_id] => [published_at] => 2019-06-03T18:18:43Z [slug] => buyers [status] => public [translations] => stdClass Object ( ) [updated_at] => 2019-06-03T18:18:43Z ) [1] => stdClass Object ( [category_type] => standard [children] => [created_at] => 2019-06-03T18:18:43Z [id] => 35 [name] => Tasas de interés [parent] => [parent_id] => [published_at] => 2019-06-03T18:18:43Z [slug] => mortgage-rates [status] => public [translations] => stdClass Object ( ) [updated_at] => 2019-06-03T18:18:43Z ) ) [content_type] => blog [contents] => (English) Extended family walking on beachThe sales of vacation homes skyrocketed last year. A recent study also revealed that 25% of those surveyed said they’d likely buy a second home, such as a vacation or beach house, to use during retirement. For many Baby Boomers, the idea of finally purchasing that vacation home (that they may eventually use in retirement) makes more and more sense as the economy improves and the housing market recovers. If your family is thinking about purchasing that second home, now may be the perfect time. Prices are still great. If you decide to lease the property until you’re ready to occupy it full time, the rental market in most areas is very strong. And you can still get a great mortgage interest rate.

But current mortgage rates won’t last forever…

According to FreddieMac, the interest rate for a 30 year fixed rate mortgage at the beginning of April was 4.4%. However, FreddieMac predicts that mortgage rates will steadily climb over the next six quarters. Let’s assume you want to purchase a home for $500,000 with a 20% down payment ($100,000). That would leave you with a $400,000 mortgage. What happens if you wait to buy this dream house? Prices are projected to increase over the next year and a half. However, for this example, let’s assume prices remain the same. Your mortgage payment will still increase as mortgage rates climb to more historically normal levels. This table shows how a principal and interest payment is impacted by a rise in interest rates:

Cost of Waiting $400K

[created_at] => 2014-04-15T07:00:42Z [description] => (English) The sales of vacation homes skyrocketed last year. A recent study also revealed that 25% of those surveyed said they’d likely buy a second home, such as a vacation or beach house, to use during retirement. For many Baby Boomers, the idea of... [expired_at] => [featured_image] => https:/// [id] => 20 [published_at] => 2014-04-15T07:00:42Z [related] => Array ( ) [slug] => thinking-of-buying-a-vacationretirement-home-why-wait [status] => published [tags] => Array ( ) [title] => Thinking of Buying a Vacation/Retirement Home? Why Wait? [updated_at] => 2015-06-08T10:35:14Z [url] => /es/2014/04/15/thinking-of-buying-a-vacationretirement-home-why-wait/ )

Thinking of Buying a Vacation/Retirement Home? Why Wait?

(English) The sales of vacation homes skyrocketed last year. A recent study also revealed that 25% of those surveyed said they’d likely buy a second home, such as a vacation or beach house, to use during retirement. For many Baby Boomers, the idea of...
751
stdClass Object
(
    [agents_bottom_line] => (English) 4.14 BlogThe housing market is recovering nicely. Prices have increased nationally by double digits over the last twelve months. Competition from the shadow inventory of lower priced distressed properties (foreclosures and short sales) is diminishing rapidly. Now may be the perfect time to sell your home and move to the dream house or beautiful location your family has always talked about.

The one suggestion we would definitely offer: DON’T OVERPRICE IT!!

Even though prices have increased by more than 10% over the last year, the acceleration of appreciation has slowed dramatically over the last few months. As an example, in their April Home Price Index Report, CoreLogic revealed that home prices actually depreciated by .08% this month as compared to last month’s report. What concerns us is that Trulia just reported that asking prices are still continuing to increase.

Because investor purchases are declining and there are more listings coming onto the market, we believe that sellers should be very cautious when they price their house. The alternative might be that you could lose money by overpricing your home at the start as explained in a research study on the matter.

Bottom Line

Though it is a great time to sell your house, pricing it right is crucial. Get guidance from a real estate professional in your marketplace to ensure you get the best deal possible.
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                    [name] => Para los vendedores
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                    [parent_id] => 
                    [published_at] => 2019-06-03T18:18:43Z
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    [content_type] => blog
    [contents] => (English) 4.14 BlogThe housing market is recovering nicely. Prices have increased nationally by double digits over the last twelve months. Competition from the shadow inventory of lower priced distressed properties (foreclosures and short sales) is diminishing rapidly. Now may be the perfect time to sell your home and move to the dream house or beautiful location your family has always talked about.

The one suggestion we would definitely offer: DON’T OVERPRICE IT!!

Even though prices have increased by more than 10% over the last year, the acceleration of appreciation has slowed dramatically over the last few months. As an example, in their April Home Price Index Report, CoreLogic revealed that home prices actually depreciated by .08% this month as compared to last month’s report. What concerns us is that Trulia just reported that asking prices are still continuing to increase.

Because investor purchases are declining and there are more listings coming onto the market, we believe that sellers should be very cautious when they price their house. The alternative might be that you could lose money by overpricing your home at the start as explained in a research study on the matter.

Bottom Line

Though it is a great time to sell your house, pricing it right is crucial. Get guidance from a real estate professional in your marketplace to ensure you get the best deal possible.
    [created_at] => 2014-04-14T07:00:49Z
    [description] => (English) The housing market is recovering nicely. Prices have increased nationally by double digits over the last twelve months. Competition from the shadow inventory of lower priced distressed properties (foreclosures and short sales) is diminishin...
    [expired_at] => 
    [featured_image] => https://files.keepingcurrentmatters.com/wp-content/uploads/2014/04/07191414/4.14-Blog.jpg
    [id] => 19
    [public_bottom_line] => Aunque es un buen momento para vender su casa, el ponerle el precio correcto es crucial. Obtenga orientación de su profesional de bienes raíces en su mercado para garantizar el mejor negocio posible.

414 ad

[published_at] => 2014-04-14T11:00:13Z [related] => Array ( ) [slug] => want-to-sell-your-house-price-it-right-2014 [status] => published [tags] => Array ( ) [title] => ¿Quiere Vender su casa? ¡Póngale el precio correcto! [updated_at] => 2023-01-20T17:03:33Z [url] => /es/2014/04/14/want-to-sell-your-house-price-it-right-2014/ )

¿Quiere Vender su casa? ¡Póngale el precio correcto!

(English) The housing market is recovering nicely. Prices have increased nationally by double digits over the last twelve months. Competition from the shadow inventory of lower priced distressed properties (foreclosures and short sales) is diminishin...
751
stdClass Object
(
    [agents_bottom_line] => (English) 4.8 VisualMany sellers are still hesitant about putting their house up for sale. Where are prices headed? Where are interest rates headed? These are all valid questions. However, there are several reasons to sell your home sooner rather than later. Here are three of those reasons.

1. Demand is about to skyrocket

Most people realize that the housing market is hottest from April through June. The most serious buyers are well aware of this and, for that reason, come out in early spring in order to beat the heavy competition. We also have a pent-up demand as many buyers pushed off their home search this winter because of extreme weather. Sellers in markets where seasonal weather is never an issue must realize that buyers relocating to their region will increase dramatically this spring as these purchasers finally decide to escape the freezing temperatures of the winters in the north. These buyers are ready, willing and able to buy…and are in the market right now!

2. There Is Less Competition - For Now

Housing supply always grows from the spring through the early summer. Also, there has been a growing desire for many homeowners to move as they were unable to sell over the last few years because of a negative equity situation. Homeowners have seen a return to positive equity as prices increased over the last eighteen months. Many of these homes will be coming to the market in the near future. The choices buyers have will continue to increase over the next few months. Don’t wait until all the other potential sellers in your market put their homes up for sale.

3. There Will Never Be a Better Time to Move-Up

If you are moving up to a larger, more expensive home, consider doing it now. Prices are projected to appreciate by approximately 4% this year and 8% by the end of 2015. If you are moving to a higher priced home, it will wind-up costing you more in raw dollars (both in down payment and mortgage payment) if you wait. You can also lock-in your 30 year housing expense with an interest rate at about 4.5% right now. Freddie Mac projects rates to be 5.1% by this time next year and 5.7% by the fourth quarter of 2015. Moving up to a new home will be less expensive this spring than later this year or next year. If you are a real estate professional and want great information on where prices and interest rates are headed over the next 18 months, we cover both in the March edition of Keeping Current Matters. If you are already one of our 6,000+ members, login in to get the educational resources you need to intelligently discuss the future of values and interest rates with your clients. [assets] => Array ( ) [can_share] => no [categories] => Array ( [0] => stdClass Object ( [category_type] => standard [children] => [created_at] => 2019-06-03T18:18:43Z [id] => 6 [name] => Para los vendedores [parent] => [parent_id] => [published_at] => 2019-06-03T18:18:43Z [slug] => sellers [status] => public [translations] => stdClass Object ( ) [updated_at] => 2019-06-03T18:18:43Z ) ) [content_type] => blog [contents] => (English) 4.8 VisualMany sellers are still hesitant about putting their house up for sale. Where are prices headed? Where are interest rates headed? These are all valid questions. However, there are several reasons to sell your home sooner rather than later. Here are three of those reasons.

1. Demand is about to skyrocket

Most people realize that the housing market is hottest from April through June. The most serious buyers are well aware of this and, for that reason, come out in early spring in order to beat the heavy competition. We also have a pent-up demand as many buyers pushed off their home search this winter because of extreme weather. Sellers in markets where seasonal weather is never an issue must realize that buyers relocating to their region will increase dramatically this spring as these purchasers finally decide to escape the freezing temperatures of the winters in the north. These buyers are ready, willing and able to buy…and are in the market right now!

2. There Is Less Competition - For Now

Housing supply always grows from the spring through the early summer. Also, there has been a growing desire for many homeowners to move as they were unable to sell over the last few years because of a negative equity situation. Homeowners have seen a return to positive equity as prices increased over the last eighteen months. Many of these homes will be coming to the market in the near future. The choices buyers have will continue to increase over the next few months. Don’t wait until all the other potential sellers in your market put their homes up for sale.

3. There Will Never Be a Better Time to Move-Up

If you are moving up to a larger, more expensive home, consider doing it now. Prices are projected to appreciate by approximately 4% this year and 8% by the end of 2015. If you are moving to a higher priced home, it will wind-up costing you more in raw dollars (both in down payment and mortgage payment) if you wait. You can also lock-in your 30 year housing expense with an interest rate at about 4.5% right now. Freddie Mac projects rates to be 5.1% by this time next year and 5.7% by the fourth quarter of 2015. Moving up to a new home will be less expensive this spring than later this year or next year. If you are a real estate professional and want great information on where prices and interest rates are headed over the next 18 months, we cover both in the March edition of Keeping Current Matters. If you are already one of our 6,000+ members, login in to get the educational resources you need to intelligently discuss the future of values and interest rates with your clients. [created_at] => 2014-04-08T07:00:04Z [description] => (English) Many sellers are still hesitant about putting their house up for sale. Where are prices headed? Where are interest rates headed? These are all valid questions. However, there are several reasons to sell your home sooner rather than later. H... [expired_at] => [featured_image] => https:/// [id] => 15 [published_at] => 2014-04-08T07:00:04Z [related] => Array ( ) [slug] => 3-reasons-to-sell-your-home-this-spring-2 [status] => published [tags] => Array ( ) [title] => (English) 3 Reasons to Sell Your Home this Spring [updated_at] => 2014-06-12T21:00:16Z [url] => /es/2014/04/08/3-reasons-to-sell-your-home-this-spring-2/ )

(English) 3 Reasons to Sell Your Home this Spring

(English) Many sellers are still hesitant about putting their house up for sale. Where are prices headed? Where are interest rates headed? These are all valid questions. However, there are several reasons to sell your home sooner rather than later. H...
751
stdClass Object
(
    [agents_bottom_line] => (English) HomePercentageWe have often talked about the difference between COST and PRICE. As a seller, you will be most concerned about ‘short term price’ – where home values are headed over the next six months. As either a first time or repeat buyer, you must not be concerned about price but instead about the ‘long term cost’ of the home. Let us explain.

Recently, we reported that a nationwide panel of over one hundred economists, real estate experts and investment & market strategists projected that home values would appreciate by approximately 8% from now to the end of 2015.

Additionally, Freddie Mac’s most recent Economic Commentary & Projections Table predicts that the 30 year fixed mortgage rate will be 5.7% by the end of next year.

What Does This Mean to a Buyer?

Here is a simple demonstration of what impact these projected changes would have on the mortgage payment of a home selling for approximately $250,000 today:

Cost-of-Waiting0407

[assets] => Array ( ) [can_share] => no [categories] => Array ( [0] => stdClass Object ( [category_type] => standard [children] => [created_at] => 2019-06-03T18:18:43Z [id] => 35 [name] => Tasas de interés [parent] => [parent_id] => [published_at] => 2019-06-03T18:18:43Z [slug] => mortgage-rates [status] => public [translations] => stdClass Object ( ) [updated_at] => 2019-06-03T18:18:43Z ) ) [content_type] => blog [contents] => (English) HomePercentageWe have often talked about the difference between COST and PRICE. As a seller, you will be most concerned about ‘short term price’ – where home values are headed over the next six months. As either a first time or repeat buyer, you must not be concerned about price but instead about the ‘long term cost’ of the home. Let us explain. Recently, we reported that a nationwide panel of over one hundred economists, real estate experts and investment & market strategists projected that home values would appreciate by approximately 8% from now to the end of 2015. Additionally, Freddie Mac’s most recent Economic Commentary & Projections Table predicts that the 30 year fixed mortgage rate will be 5.7% by the end of next year.

What Does This Mean to a Buyer?

Here is a simple demonstration of what impact these projected changes would have on the mortgage payment of a home selling for approximately $250,000 today:

Cost-of-Waiting0407

[created_at] => 2014-04-07T07:00:08Z [description] => (English) We have often talked about the difference between COST and PRICE. As a seller, you will be most concerned about ‘short term price’ – where home values are headed over the next six months. As either a first time or repeat buyer, you must not... [expired_at] => [featured_image] => https:/// [id] => 14 [published_at] => 2014-04-07T07:00:08Z [related] => Array ( ) [slug] => a-homes-cost-vs-price-explained [status] => published [tags] => Array ( ) [title] => (English) A Home’s Cost vs. Price Explained [updated_at] => 2014-06-12T21:01:54Z [url] => /es/2014/04/07/a-homes-cost-vs-price-explained/ )

(English) A Home’s Cost vs. Price Explained

(English) We have often talked about the difference between COST and PRICE. As a seller, you will be most concerned about ‘short term price’ – where home values are headed over the next six months. As either a first time or repeat buyer, you must not...