Home Buyers are Optimistic About Homeownership!

By Janet Hull and Thomas Bush on May 7, 2019

When we consider buying an item, we naturally go through a research process prior to making our decision. We ask our friends and family members who have made similar purchases about their experience, we get opinions and insights, and we read reviews online. There’s no … Continue reading

The Cost of Renting vs. Buying This Spring [INFOGRAPHIC]

By Janet Hull and Thomas Bush on May 3, 2019

Some Highlights: Historically, the choice between renting or 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 becomes obvious. Every … Continue reading

Your Fabulous New Dream Home is Now Available

By Janet Hull and Thomas Bush on May 2, 2019

Over the last several years, many “baby boomers” have undergone a metamorphosis. Their children have finally moved out and they can now dream about their own future. For many, a change in lifestyle might necessitate a change in the type of home they live in. … Continue reading

2 Trends Helping Keep Housing Affordable

By Janet Hull and Thomas Bush on May 1, 2019

Two positive trends have started to emerge that impact the 2019 Spring Housing Market. Mortgage interest rates for a 30-year fixed rate loan have dropped to new lows, right as reports show that wages have increased at their highest rate in decades! These two factors … Continue reading

What Would Make You Sell Your House?

By Janet Hull and Thomas Bush on Apr 30, 2019

There are many reasons why a homeowner decides to sell their house and move. The latest Generational Trends Report from the National Association of Realtors asked recent home sellers to share their reason for moving. The younger the respondents, the more likely their top response … Continue reading

How Quickly Can You Save Your Down Payment?

By Janet Hull and Thomas Bush on Apr 29, 2019

Saving for a down payment is often the biggest hurdle for a first-time homebuyer. Depending on where you live, median income, median rents, and home prices all vary. So, we set out to find out how long it would take to save for a down … Continue reading

Existing Home Sales Slow to Start Spring [INFOGRAPHIC]

By Janet Hull and Thomas Bush on Apr 26, 2019

Some Highlights: Existing Home Sales slowed to an annual pace of 5.21 million home sales in March. Low inventory levels are still impacting home sales! The current month’s supply of homes for sale is 3.9-months. Median home prices were up 3.8% over last March at … Continue reading

Renters Paying Substantially More While Owning Costs Less

By Janet Hull and Thomas Bush on Apr 25, 2019

In a recent Insights Blog, CoreLogic reported that rent prices have skyrocketed since 2005. Meanwhile, the typical mortgage payment has actually decreased. “CoreLogic’s national rent index was up 36% in December 2018 compared with December 2005, while the typical mortgage payment was down 4% over … Continue reading