Some Highlights:The National Association of REALTORS® surveyed their members for their monthly Confidence Index.The REALTORS® Confidence Index is a key indicator of housing market strength based on a monthly survey sent to over 50,000 real estate practitioners. Practitioners are asked about their … [Read more...] about Homes are Selling Fast Across the Country [INFOGRAPHIC]
This time of year, many people eagerly check their mailboxes looking for their tax return check from the IRS. But, what do most people plan to do with the money? GO Banking Rates recently surveyed Americans and asked the question - “What do you plan on doing with your tax refund?”The results of the … [Read more...] about Your Tax Return: Bring it Home
Real Estate mogul, Sean Conlon, host of The Deed: Chicago on CNBC, was recently asked the question, should you buy? Or should you rent a house?Conlon responded:“I am a true believer that you save every penny and you buy your first house… and that is still the fastest path to wealth in this … [Read more...] about Real Estate Mogul: Here’s Why You Should Buy
In school, we all learned the theory of supply and demand. When the demand for an item is greater than the supply of that item, the price will surely rise.SUPPLYThe National Association of Realtors (NAR) recently reported that the inventory of homes for sale stands at a 3.8-month supply. This is … [Read more...] about 3 Charts That Shout, ‘List Your Home Today!’
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 would it take you to save for a down payment in each state?Using data from the United States … [Read more...] about How Fast Can You Save for a Down Payment?
Some Highlights:Interest rates are still below historic numbers.88% of property managers raised their rent in the last 12 months!The credit score requirements for mortgage approval continue to fall. … [Read more...] about Slaying Home Buying Myths [INFOGRAPHIC]
Many Americans got some depressing news last week; either their tax return was not as large as they had hoped or, in some cases, they were told they owed additional money to either the Federal or State government or both. One way to save on taxes is to own your own home.According to the Tax Policy … [Read more...] about Tax Return Depressing? Owning a Home Could Help
Forbes.com recently released the results of their new American Dream Index, in which they measure “the prosperity of the middle class, and…examine which states best support the American Dream.”The monthly index measures several different economic factors, including goods-producing employment, … [Read more...] about Measuring Your Ability to Achieve the American Dream
According to the Beracha, Hardin & Johnson Buy vs. Rent (BH&J) Index, the U.S. housing market has continued to move deeper into buy territory, supporting the belief that housing markets across the country remain a sound investment.The BH&J Index is a quarterly report that attempts to … [Read more...] about US Housing Market Continues the Move into ‘Buy Territory’!
If you thought about selling your house this year, now may be the time to do it. The inventory of homes for sale is well below historic norms and buyer demand is skyrocketing. We were still in high school when we learned the concept of supply and demand: the best time to sell something is when … [Read more...] about Thinking of Selling? Now Is the Time to Act