Today’s ultra-connected world undoubtedly gives us access to a barrage of information. Unfortunately, most of that information is never vetted by a third party. Thus much of it, although erroneous, floats hither and there…..many times mistaken as factual. One of many erroneous narratives currently circulating is that home prices have ...
Continue ReadingThe Takeaways: Strong Buyer demand continues to outpace the supply of homes for sale! It is not uncommon for certain price level homes that are in good condition and are appropriately priced to receive multiple offers from Buyers that are competing with one another for that home. Housing inventory is ...
Continue ReadingCountless studies indicate that potential home buyers have an inflated view of what it actually takes to qualify for a mortgage in today’s market. The Wharton School of Business at the University of Pennsylvania’s research found that many Millennials have not moved forward with a home purchase, as it is ...
Continue ReadingThe 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 ...
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