Buyer

May 5, 2016

Warren Buffett: There is No Housing Bubble


With home prices expected to appreciate by over 5% this year, some are beginning to worry about a new housing bubble forming. Warren Buffet addressed this issue last week in an article by Fortune Magazine. He simply explained:

“I don’t see a nationwide bubble in real estate right now at ...

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Posted in Buyer, Renter, Seller
May 4, 2016

Americans Rank Real Estate #1 Long Term Investment


The Gallup organization recently released a survey in which Americans were asked to rank what they considered to be the “best long term investment.” Real estate ranked number one, with 35% of those surveyed saying it was a better long term investment than stocks & mutual funds, gold, savings ...

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Posted in Buyer, Renter, Seller
May 3, 2016

Housing Inventory Disappearing

Housing Inventory Disappearing | Simplifying The Market

The price of any item is determined by the supply of that item, and the market demand. The National Association of Realtors (NAR) recently released their latestExisting Home Sales Report which gives insight into today’s market conditions.

Inventory Levels & Demand

Sales of existing homes rose 5.1% month-over-month ...

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Posted in Buyer, Renter, Seller
April 11, 2016

You Can Save for a Down Payment Faster Than You Think

You Can Save for a Down Payment Faster Than You Think | Simplifying The Market

In a study conducted by Builder.com, researchers determined that nationwide, it would take “nearly eight years” for a first-time buyer to save enough for a down payment on their dream home.

Depending on where you live, median rents, incomes and home prices all vary. By determining the percentage of ...

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Posted in Buyer, Renter
April 7, 2016

Building Wealth: First Rung on the Ladder is Housing

Building Wealth: First Rung on the Ladder is Housing | Simplifying The Market

How Housing Matters is a joint project of the Urban Land Institute and the MacArthur Foundation. It is “an online resource for the most rigorous research and practical information on how a quality, stable, affordable home in a vibrant community contributes to individual and community success”.

A recent story ...

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Posted in Buyer, Renter, Seller
April 5, 2016

Rent or Buy: Either Way You’re Paying A Mortgage

Rent or Buy: Either Way You’re Paying A Mortgage | Simplifying The Market

There are some renters that have not yet purchased a home because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize that, unless you are living with your parents rent free, you are paying a mortgage - either your mortgage or your landlord’s.

As The Joint Center ...

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Posted in Buyer, Renter
April 4, 2016

Don’t Wait! Move Up To Your Dream Home Now!

Don’t Wait! Move Up To Your Dream Home Now! | Simplifying The Market

Now that the housing market has stabilized, more and more homeowners are considering moving up to the home they have always dreamed of. Prices are still below those of a few years ago and interest rates have stayed near historic lows.

Sellers should realize that waiting to make the move ...

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Posted in Buyer, Seller
April 1, 2016

What If I Wait Until Next Year To Buy A Home?

What If I Wait Until Next Year To Buy A Home? | Simplifying The Market

As a seller, you will be most concerned about ‘short term price’ – where home values are headed over the next six months. As either a first-time or repeat buyer, you must not be concerned only about price but also about the ‘long term cost’ of the home.

Let us ...

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Posted in Buyer, Renter
March 9, 2016

Housing Market To “Spring Forward” This Year

Housing Market To “Spring Forward” This Year | Simplifying The Market

Just like our clocks this weekend in the majority of the country, the housing market will soon “spring forward!” Similar to tension in a spring, the lack of inventory available for sale in the market right now is what is holding back the market.

Many potential sellers believe that ...

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Posted in Buyer, Renter, Seller
March 8, 2016

Home Ownership a Better Way of Producing Wealth

Study Again Finds Homeownership to be a Better Way of Producing Wealth | Simplifying The Market

According to the latest Beracha, Hardin & Johnson Buy vs. Rent (BH&J) Index homeownership is a better way to produce greater wealth, on average, than renting.

The BH&J Index is a quarterly report that attempts to answer the question:

Is it better to rent or buy a home in today’s ...

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Posted in Buyer, Renter, Seller