According to the chief economist of Corelogic, one of the largest financial and real estate data providers, Dr. Frank Nothaft indicates the Year-Over-Year US National home price growth average hit 7.1%. Although all states seemed to have had varying rates of gain, approximately 13 states saw home price recovery at ...
Continue ReadingThe Takeaway The Real Estate Market, just like the Stock, Commodities and Forex Markets is an ever changing chameleon. Wise Buyers and Sellers will therefore seek out a competent Real Estate Professional to empower them with the right information about the current market and their particular geographical location. As always, ...
Continue ReadingA couple of weeks ago, CNBC ran an article quoting the self-made millionaire David Bach. In it he relays that not purchasing a home is “the single biggest mistake Millennials are making” and that buying real estate is “an escalator to wealth.” Mr. Bach went on to explain: “If Millennials ...
Continue ReadingThe FED{Federal Reserve} conducts a Survey of Consumer Finances every 3 years. The data from this survey is collected across all economic and social groups. The latest survey, which compiled data from the years 2010-2013, reports that the net worth of a homeowner is 36 times greater than that of ...
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