Blog
Home Prices Are Up 6.64% Nationally!!
The Takeaway: The most recently released Quarterly Home Price Index report by the Federal Housing Finance Agency (FHFA) indicates that homes prices have risen an average of 6.64% nationally, Year- over-Year. The results were compared both on a regional and state level. West Virginia & Alaska were the ...
Continue ReadingExisting Home Sales Continue to Heat Up the Summer Market!!
The Takeaway: Lauren Yun, Chief Economist for NAR, reported in his June 2017 address that Existing Home Sales reached their 3rd highest point in 10 years. Low Inventory now continues into its 24th consecutive month of year-over-year decline. This lack of market inventory has caused sales volume to drop by 8.4%, ...
Continue ReadingTop 4 Home Renovations Producing Maximum ROI
The Takeaway: There is value in knowing if a home improvement project might net you a Return On Investment (ROI) and if so at what potential rate? Major renovations like a bathroom addition or kitchen remodel are popular ways to increase a home’s value. However, something as simple as adding lush ...
Continue ReadingWhat Are You Willing To Sacrifice, In Order To Buy A Home??
The Takeaway: As with all goals, the desire to purchase a new home will likely require that your priorities are appropriately set and certain sacrifices are made. According to the B of A report, experienced Buyers indicated that they sacrificed taking a vacation or buying a new car, in order to buy ...
Continue Reading