Which Homes Have Increased in Value the Most?

12 Oct

Home values have risen dramatically over the last twelve months. The latest Existing Home Sales Report from the National Association of Realtors puts the annual increase in the median existing-home price at 5.6%. CoreLogic, in their most recent Home Price Index Report, revealed that national home prices have increased by 6.7% year-over-year. CoreLogic broke appreciation down ever further into four…

Housing Inventory Hits 30-Year Low

24 Aug

Spring is traditionally the busiest season for real estate. Buyers, experiencing cabin fever all winter, emerge like flowers through the snow in search of their dream home. Homeowners, in preparation for the increased demand, are enticed to list their house for sale and move on to the home that will better fit their needs. New data from CoreLogic shows that…

How much home can you afford?

09 May

Why is it so important to know how much you can afford to spend on a home? Two Reasons First, you don’t want to buy a property and then find out, after you’ve moved in, that you can’t financially maintain it. That would mean having to resell it under stressful conditions. Second, you don’t want to settle for a property that’s less…

A great time to get your home on the market!

23 Apr

Sitting in various real estate meetings and speaking with other agents, mortgage lenders, closing attorney’s and just about anyone in the real estate business, it is well understood that the buying market has exploded since about the end of January. Now that we are just coming into the most active period for real estate transactions, there has not been a…

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