Slide background

Featured Posts

Housing Market: Freddie Mac Remains Optimistic

Freddie-Mac

The April 2015 U.S. Economic & Housing Market Outlook from Freddie Mac revealed that they are optimistic about the real estate market in 2015. As a matter of fact, the sub-title of the report was “Great Expectations”. What made Freddie Mac so optimistic? Here are a few highlights from the report: “For the remainder of the year we should see a resumption of solid economic growth and … [Read More...]

I Need A VACATION… Home! [INFOGRAPHIC]

Vacation-Homes-small

Some Highlights: Vacation Home Sales were up 57.4% in 2014 1.13 Million Vacation Homes Sold 2014 marked the highest level of sales in the U.S. since 2003 … [Read More...]

Does Homeownership Make Sense Financially?

Financial-Sense

Everyone knows the social advantages of home ownership. However, some question the financial benefits of owning a home. Three recent studies shed some light on the issue. RealtyTrac recently released a report comparing home price appreciation to wage growth over the last two years. The study revealed that home price appreciation has outpaced wage growth in 76% of U.S. housing markets during … [Read More...]

Selling Your House in 2015? Don’t Miss this Opportunity

Opportunity

Every seller wants to get the best price for their house. We learned in high school that the best price for any item will be determined by the demand for that item relative to the supply of that item. We have reported that the inventory of houses for sale is well below normal numbers. There is historical evidence that the demand for housing is about to increase dramatically. Each year, more … [Read More...]

Desire to Own a Vacation Home Growing

Miami South Beach sunrise

The National Association of Realtors just released their 2015 Investment and Vacation Home Buyers Survey which revealed that vacation home sales boomed in 2014 to above their most recent peak level in 2006. NAR Chief Economist Lawrence Yun said favorable conditions are driving second-home sales: “Affluent households have greatly benefited from strong growth in the stock market in recent years, … [Read More...]

Stonebridge Development Home for Sale in State College PA

rb_photos_0005~C2B1C5C7_372192_635562394214466244_800x600

Delightful 2-story in Stonebridge Development Overview Maps Photos Features Description $249,900 Single Family Home Main Features 3 Bedrooms3 BathroomsInterior: 2,329 sqftLot: 0.20 acre(s) Location 3070 Sheffield DriveState College, PA 16801USA Our recent … [Read More...]

Don’t Get Caught in the ‘Renter’s Trap’

Renters-Trap

There are many benefits to homeownership, one of top ones, is being able to protect yourself from rising rents and lock in your housing cost for the life of your mortgage. The National Association of Realtors (NAR) just released their findings of a study in which they studied “income growth, housing costs and changes in the share of renter and owner-occupied households over the past five years … [Read More...]

Don’t Let Your “Luck” Run Out

Luck-Run-Out2

The 30-year fixed mortgage interest rate is currently still below 4%. Many buyers may be on the fence as to whether to act now and purchase a new home, or wait until next year, believing they still have time to lock in a low rate. If you look at what the experts are predicting over the course of the next 12 months, it may make the decision for you. Predictions for 2016 2Q: 4.2% - Fannie … [Read More...]

Location, Location, Location

Location

A recent Demand Institute report revealed “nearly half of all American households plan to move at some point in the future.” Seventy-five percent of those surveyed in the report cited one or more ‘location-related reasons’ for their eagerness to move. Here are the top 5 reasons: Safer Neighborhood – 30% Closer to Family – 27% Change of Climate – 26% Closer to Work – 25% For a New … [Read More...]

A Snapshot of Homebuyers [INFOGRAPHIC]

A-Snapshot-of-Homebuyers-STM

[Read More...]

Foreclosure Inventory Down 34.3% from Last Year

Small house between tick and cross mark.

According to the latest CoreLogic National Foreclosure Report, “approximately 552,000 homes in the US were in some state of foreclosure as of December 2014”. This figure is down 34.3% from the 840,000 homes in December of 2013. December marked the 38th consecutive month in which there were year-over-year declines. Anand Nallathambl, the President and CEO of CoreLogic, is hopeful for the future, … [Read More...]

Consumer Confidence at Highest Level in Over a Decade

Consumer-Confidence

Two recently released reports reveal that the American public is starting to feel much better about the U.S. economy. The University of Michigan’s Surveys of Consumers showed that: “Consumer optimism reached the highest level in the past decade in the January 2015 survey…Consumers judged prospects for the national economy as the best in a decade, with half of all consumers expecting the economic … [Read More...]

Net Worth: A Homeowner’s is 36x Greater Than A Renter!

Net-Worth

Over the last six years, homeownership has lost some of its allure as a financial investment. As homeowners suffered through the housing bust, more and more began to question whether owning a home was truly a good way to build wealth. Every three years the Federal Reserve conducts a Survey of Consumer Finances in which they collect data across all economic and social groups. Some of the findings … [Read More...]

Real Estate Heading in the “Right Direction”

Right-Direction

The housing market has taken a great turn toward recovery over the last few years. The opinions of the American public toward real estate took longer to recover, until recently. For the first time since 2006, Americans have an overall positive view of real estate, giving the industry a 12% positive ranking in a Gallup poll. Americans were asked to rate 24 different business sectors and … [Read More...]

No Matter What the Groundhog Says… You Should Sell Before Spring!

Sell Your Home before Spring

Is spring closer than we think? Depending on which Groundhog you witnessed today, you may have less time than you think to get your home on the market before the busy spring season. Many sellers feel that the spring is the best time to place their home on the market as buyer demand traditionally increases at that time of year. However, the next six weeks before spring hits also have their own … [Read More...]