Blog
2020-02-17
Investing in Real EstateHere’s my four-step strategy that will allow you to become a real estate investor even if you don’t own a home yet.
2020-02-14
Reasons to Fall in Love with Homeownership [INFOGRAPHIC]Some Highlights: There are many benefits to love about homeownership, and they’re not all financial. Being a part of a neighborhood, driving academic achievement, and improving mental health are just a few of these advantages. Let’s get together today to determine if you’re ready to embrace the rewa
2020-02-12
The #1 Reason to List Your House Right NowThe success of the U.S. residential real estate market, like any other market, is determined by supply and demand. This means we need to look at how many potential purchasers are in the market versus the number of houses that are available to buy. With early 2020 housing data now rolling in, it’s qu
2020-02-05
Three Reasons Why Pre-Approval Is the First Step in the 2020 Homebuying JourneyWhen the number of buyers in the housing market outnumbers the number of homes for sale, it’s called a “seller’s market.” The advantage tips toward the seller as low inventory heats up the competition among those searching for a place to call their own. This can create multiple offer scenarios and b
2020-01-30
First-Time Buyers Are Searching for Existing Homes This YearIn the latest Housing Trends Report, the National Association of Home Builders (NAHB) measured the share of adults planning to buy a home over the next 12 months. The report indicates the percentage of all buyers that will be first-time buyers looking to purchase a home grew from 58% in Q4 2018 to 6
2020-01-21
Make the Dream of Homeownership a Reality in 2020In 1963, Martin Luther King, Jr. led and inspired a powerful movement with his famous “I Have a Dream” speech. Through his passion and determination, he sparked interest, ambition, and courage in his audience. Today, reflecting on his message encourages many of us to think about our own dreams, goal
2020-01-16
Why You Shouldn’t “For Sale By Owner”Rising home prices coupled with the current inventory in today’s market may cause some homeowners to consider selling their homes on their own (known in the industry as a For Sale By Owner). However, a FSBO might be hard to execute well for the vast majority of sellers. Here are the top 5 reasons n
2020-01-16
There’s a Long Line of Buyers Waiting for Your HouseIf you’re following what’s happening in the housing market right now, you know that many people believe the winter months aren’t a good time to sell a home. As realtor.com Senior Economist George Ratiu recently noted, “Sellers tend to be more reluctant to list during the colder time of year when th
2020-01-16
Homes Are More Affordable Today, Not Less AffordableThere’s a current narrative that owning a home today is less affordable than it has been in the past. The reason some are making this claim is because house prices have substantially increased over the last several years. It’s not, however, just the price of a home that matters. Homes, in most cas
2020-01-14
Buying a Home Early Can Significantly Increase Future WealthAccording to an Urban Institute study, homeowners who purchase a house before age 35 are better prepared for retirement at age 60. The good news is, our younger generations are strong believers in homeownership. According to a Freddie Mac survey, “The dream of homeownership is alive and well with
2020-01-07
Why Get a Pre-Listing Inspection?Sellers: should you get a home inspection prior to listing your property? Today my selling partner Michael Veltri and I will discuss the answer to this question.
2020-01-02
The 2020 Real Estate Projections That May Surprise YouThis will be an interesting year for residential real estate. With a presidential election taking place this fall and talk of a possible recession occurring before the end of the year, predicting what will happen in the 2020 U.S. housing market can be challenging. As a result, taking a look at the c
2019-12-30
What to Look for in a Homebuyer’s OfferBefore you accept a buyer’s offer on your home there are many considerations to determine if the offer is right for you.
2019-12-27
Working with a Local Real Estate Professional Makes All the Difference [INFOGRAPHIC]Some Highlights: Choosing the right real estate professional is one of the most impactful decisions you can make in your home buying or selling process. A real estate professional can explain current market conditions and break down what they will mean to you and your family. If you’re considering b
2019-12-23
2020 Forecast Shows Continued Home Price AppreciationQuestions continue to rise around where home prices will head in 2020. The latest forecast from CoreLogic shows continued appreciation at 5.4% over the next year:2020 Forecast Shows Continued Home Price Appreciation | MyKCMAdditionally, ARCH Mortgage Insurance Company in their current Housing and Mo
2019-12-18
December 2019: The Buyer Stakes Are High Because Inventory Is LowThe reality of what we’re seeing this month is that homes are selling fast. In today’s strong seller’s market, bidding wars are common and expected with starter or entry-level homes. In most areas of the country, first-time buyers have been met with fierce competition throughout their homebuying ex
2019-12-11
Have You Outgrown Your Home?It may seem hard to imagine that the home you’re in today – whether it’s your starter home or just one you’ve fallen in love with along the way – might not be your forever home. The good news is, it’s okay to admit if your house no longer fits your needs. According to the latest Home Price Insight
2019-12-10
A 365 Day Difference in HomeownershipOver the past year, mortgage rates have fallen more than a full percentage point. This is a great driver for homeownership, as today’s low rates provide consumers with some significant benefits. Here’s a look at three of them: Refinance: If you already own a home, you may want to decide if you’re g
2019-12-02
5 Reasons to Sell This WinterBelow are five compelling reasons to list your house this winter. 1. Demand Is Strong The latest Buyer Traffic Report from the National Association of Realtors (NAR) shows that buyer demand remains strong throughout the vast majority of the country. These buyers are ready, willing, and able to purc
2019-11-25
7 Reasons to List Your House This Holiday SeasonAround this time each year, many homeowners decide to wait until after the holidays to list their houses. Similarly, others who already have their homes on the market remove their listings until the spring. Let’s unpack the top reasons why listing your house now or keeping it on the market this wint
2019-11-18
The Cost of Renting vs. Buying a Home [INFOGRAPHIC]Some Highlights: Historically, the choice between renting and buying a home has been a tough decision. Looking at the percentage of income needed to rent a median-priced home today (27.7%) vs. the percentage needed to buy a median-priced home (17.5%), the choice is clear. Every market is different.
2019-11-13
Thinking of Selling Your Home? The Waiting Is The Hardest Part.Tom Petty famously penned the words, “the waiting is the hardest part” in his early 80’s hit song The Waiting, and his thought process can surprisingly also be applied to individuals considering selling their homes today. Traditional thinking would suggest it may be best to wait until the spring to
2019-11-12
Forget the Price of the Home. The Cost is What Matters.Home buying activity (demand) is up, and the number of available listings (supply) is down. When demand outpaces supply, prices appreciate. That’s why firms are beginning to increase their projections for home price appreciation going forward. As an example, CoreLogic increased their 12-month projec
2019-11-12
Homeownership Rate Remains on the RiseIn the third quarter of 2019, the U.S. homeownership rate rose again, signaling another strong indicator of the current housing market. The U.S. Census Bureau announced, “The homeownership rate of 64.8 percent was not statistically different from the rate in the third quarter 2018 (64.4 percent),