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Why Should You Use A Professional to Sell Your Home?

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When homeowners decide to sell their houses, they obviously want to get the  best possible price   for their home with the least amount of hassles along the way. However, for the vast majority of sellers, the most important result is actually getting their homes sold. In order to accomplish all three goals, a seller should realize the importance of using a real estate professional. We realize that technology has changed a buyer’s behavior during the home buying process. According to the  National Association of Realtors’  2018 Home Buyer & Seller Generational Trends Report ,  the first step that  “42% of recent buyers took in the home buying process was to look online at properties for sale.” However, the report also revealed that  94% of buyers who used the internet when searching for homes ultimately purchased their homes through either a real estate agent/broker or from a builder or builder’s agent . Only 2% of buyers purchased...

Buying This Summer? Be Prepared for Bidding Wars

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Summer is traditionally a busy season for real estate. Buyers come out in force and homeowners list their houses for sale hoping to capitalize on those buyers who are looking to purchase before the new school year. This year will be no different! Buyers have  already been out  in force looking for their dream homes and more are on their way. The challenge is that the inventory of homes for sale has not kept up with demand, which has led to A LOT of competition for the homes that  are  available. A recent  article  by the  National Association of Realtors  touched on the current market conditions: “Realtors® in areas with strong job markets report that consumer frustration is rising. Home shoppers are increasingly struggling to find an affordable property to buy, and the prevalence of multiple bids is pushing prices further out of reach.” Realtor.com  went on to  explain  why buyers are flocking to the market in such...

5 Reasons Millennials Choose to Buy a Home [INFOGRAPHIC]

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Some Highlights: “The majority of millennials said they consider owning a home more sensible than renting for both financial and lifestyle reasons — including control of living space, flexibility in future decisions, privacy and security, and living in a nice home.” The top reason millennials choose to buy is to have control over their living space, at 93%. Many millennials who rent a home or apartment prior to buying their own homes dream of the day when they will be able to paint the walls whatever color they’d like or renovate an outdated part of their living space. Powered by  WPeMatico For More Info : Visit Here : Real Estate Expert 

Next Recession in 2020? What Will Be the Impact?

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Economists and analysts know that the country has experienced economic growth for almost a decade. They also know that a recession can’t be too far off. A recent  report  by  Zillow Research  shed light on a survey conducted by  Pulsenomics  in which they asked economists, investment strategists and market analysts how they felt about the current housing market. That report revealed the possible timing of the next recession: “ Experts largely expect the next recession to begin in 2020.” That timing concurs with a  recent survey  of economists by the  Wall Street Journal : “The economic expansion that began in mid-2009 and already ranks as the second-longest in American history most likely will end in 2020 as the Federal Reserve raises interest rates to cool off an overheating economy, according to forecasters surveyed.” Here is a graph comparing the opinions of those surveyed by both the  Wall Street Journal  and...

What’s the Median Home Value in Your State?

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If you’ve entered the real estate market as a buyer or a seller, you’ve inevitably heard the mantra  “location, location, location”  in reference to identical homes increasing or decreasing in value based on where they’re located. In today’s housing market where home prices are appreciating quickly, it’s important to know that not every home appreciates at the same rate. The map below demonstrates that point on a  state-by-state  basis using data from the  National Association of Realtors. Demand often dictates value, even for houses in the same area of the country! High demand for starter and trade-up homes have driven prices up in these categories by nearly 10% over the past year, while those in the premium markets have appreciated at closer to 6%. Bottom Line If you are debating whether or not to buy and/or sell a home this year, let’s get together to help you figure out exactly what’s going on in our market. Powered by  WPeMati...

Are You Wondering If You Can Buy Your First Home?

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There are many people sitting on the sidelines trying to decide if they  should  purchase a home or sign a rental lease. Some might wonder if it makes sense to purchase a house before they get married or start a family, some might think they are too young, and still, some others might think their current incomes would never enable them to qualify for a mortgage. We want to share what the typical first-time homebuyer actually looks like based on the  National Association of Realtors’  most recent   Profile of Home Buyers & Sellers .  Here are some interesting revelations on the first-time buyer: Bottom Line You may not be much different than many people who have already purchased their first homes. Let’s meet to determine if your dream home is within your grasp today. Powered by  WPeMatico For More Info : Visit Here : Home For Sale NC

You DO NOT Need 20% Down to Buy Your Home NOW!

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The  Aspiring Home Buyers Profile   from the  National Association of Realtors  (NAR) found that the American public is still somewhat confused about what is required to qualify for a home mortgage loan in today’s housing market. The results of the survey show that the main reason why non-homeowners do not own their own homes is because they believe that they cannot afford them. This brings us to two major misconceptions that we want to address today. 1. Down Payment A recent  survey  by  Laurel Road,  the  National Online Lender  and  FDIC-Insured Bank,  revealed that consumers overestimate the down payment funds needed to qualify for a home loan. According to the survey, 53% of Americans who plan to buy or have already bought a home admit to their concerns about their ability to afford a home in the current market. In addition, 46% are currently unfamiliar with alternative down payment options, and 46% of m...