Some Highlights: Interest rates are projected to increase steadily throughout 2019, but buyers will still be able to lock in a rate lower than their parents or grandparents did when they bought their homes! Home prices will rise at a rate of 4.8% over the course of 2019 according to CoreLogic. All four major reporting […]
The Institutes’s 2019 Forecast for the Luxury Home Market
As the year comes to a close, we wanted to take a step back and evaluate the current state of the real estate market and give you a forecast on the probable 2019 market trends. In 2018, the housing market experienced its fair share of up and downs, attributed to many factors, including affordability and […]
24 Hours that Suddenly Improved the Market
This year started strong for real estate, but then the market began to soften. Home inventory in the starter and move-up categories dwindled to almost nothing, mortgage rates were projected to rise, and home sales had decreased for several months in a row. To many, the outlook heading into 2019 appeared dim… at best. Then, […]
How to Save Thousands of Dollars in Interest on Your Mortgage
One of the most common loans you can get to buy a home is a 30-year fixed rate mortgage. If the thought of paying for your home over the course of 30-years seems daunting, here are some easy ways to shorten that term which will actually end up saving you money over the life of […]
What Makes a House a Home For You?
We frequently talk about why it makes sense to buy a home financially, but more often than not the emotional reasons are the more powerful or compelling ones. No matter what shape or size your living space is, the concept and feeling of a home can mean different things to different people. Whether it’s a […]
Buyers Are Looking for Your Home, Now [INFOGRAPHIC]
Some Highlights: Existing home sales are currently at an annual pace of 5.32 million and have increased on a monthly basis for the last two months. The inventory of existing homes for sale remains below the 6-months needed for a normal market and is now at a 3.9-month supply. Inventory remains low due to high […]
4 Quick Reasons NOT to Fear a Housing Crash
There is a lot of uncertainty regarding the real estate market heading into 2019. That uncertainty has raised concerns that we may be headed toward another housing crash like the one we experienced a decade ago. Here are four reasons why today’s market is much different: 1. There are fewer foreclosures now than there were […]
Homeownership Remains a Huge Part of the American Dream
As we head into 2019, many news outlets and housing experts warn that the housing market may slow down. Over the last six years, the inventory of homes for sale has been near historic lows, which has been the force behind increasing home prices. This has been great news for sellers as many of them […]
The Three Influencers to Look Our for in a Multi-Level Sale
When dealing in luxury real estate, you will often find that a sale may be multi-level – in other words, you may not be working directly with the buyer or seller, or find that they are referring to other professionals for advice. In these multi-level sales, there are several types of influencers that you may […]
Luxury Market Report Reveals KEY Features in Luxury Communities
November’s Luxury Market Report proved to be full of valuable information, not only on the state of the current market but on what amenities buyers want and are actively looking for. The statistics show that the luxury market remains solid, with stable prices, a median length of time, and consistent selling price to list […]
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