The housing market has been anything but normal for the last eleven years. In a normal real estate market, home prices appreciate 3.7% annually. Below, however, are the price swings since 2007 according to the latest Home Price Expectation Survey: After the bubble burst in June 2007, values depreciated 6.1% annually until February 2012. From […]
25% of Homes with a Mortgage are Now Equity Rich!
Rising home prices have been in the news a lot lately and much of the focus has been on whether home prices are accelerating too quickly, as well as how sustainable the growth in prices really is. One of the often-overlooked benefits of rising prices, however, is the impact that they have on a homeowner’s […]
September’s Luxury Market Report: The Big, The BOLD, and The Brave
While nothing dramatic has changed in terms of significant sales, price trends or fluctuations, we’ve seen a big trend and brave choices by way of property ownership types and locations, as well as BOLD moves in design, colors and textures – hence the opening statement in this month’s review. In a snapshot of the trend […]
If You Are Thinking of Selling You Must Act NOW!
If you thought about selling your house this year, now more than ever may be the time to do it! The inventory of homes for sale is well below historic norms and buyer demand is skyrocketing. We were still in high school when we learned about the concept of supply and demand, so we understand that the […]
If You Are Thinking of Selling? You Must Act NOW!
If you thought about selling your house this year, now more than ever may be the time to do it! The inventory of homes for sale is well below historic norms and buyer demand is skyrocketing. We were still in high school when we learned about the concept of supply and demand, so we understand that the […]
Is Buying a Home Really More Stressful Than Planning a Wedding? [INFOGRAPHIC]
Some Highlights: According to a new survey from Open Listings, 62% of Americans ages 25-54 believe that buying a home is more stressful than planning a wedding. Many young couples are saving for a wedding and a home at the same time. The average US wedding now costs 66% of a median home down payment, […]
Read all about it: The Most Prestigious Event for “Leaders in Luxury”
WHAT IS THIS LUXURY SHOWCASE Through a careful choreography of celebration, insight, and knowledge, from the stunning line-up of quality speakers to the exquisite surroundings, The Institute’s signature event has been designed to delight the senses and arouse curiosity in exploring the unusual. Be Treated to a Spectacular Experience from the Outset. The all-inclusive hospitality […]
Are Homebuyers Starting to Hit the ‘Pause’ Button?
For the last several years, buyer demand has far exceeded the housing supply available for sale. This low supply and high demand have led to home prices appreciating by an average of 6.2% annually since 2012. With this being said, three of the four major reports used to measure buyer activity have revealed that purchasing […]
Home Prices Have Appreciated 6.9% in 2018
Between 1987 and 1999, which is often referred to as the ‘Pre-Bubble Period,’ home prices grew at an average of 3.6% according to the Home Price Expectation Survey. Every month, the economists at CoreLogic release the results of their Home Price Insights Report, which includes the actual year-over-year change in prices across the country and […]
4 Keys to Leveraging your Success
Success isn’t something that comes about by coincidence, a happy accident or a stroke of luck. The reality is that long-lasting success is a learned skill that comes about from hard work and determination. Learning how to leverage that success is the next step and should become part of your business plan that focuses on […]
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