Category: Move-Up Buyers

    • The Tale of Two Markets [INFOGRAPHIC]

      Some Highlights: An emerging trend for some time now has been the difference between available inventory and demand in the premium and luxury markets and that in the starter and trade-up markets and what those differences are doing to prices! Invent...
      Written by Denise Zervos
    • 2008 vs. Now: Are Owners Using Their Homes as ATMs Again?

      Over the last six years, we have experienced strong price appreciation which has increased home equity levels dramatically. As the number of “cash-out” refinances begins to approach numbers last seen during the crash, some are afraid that we may be repeating last decade’s mistake. However, a closer look at the numbers shows that homeowners are […]
      Written by Denise Zervos
    • Where Are Interest Rates Headed in 2019?

      The interest rate you pay on your home mortgage has a direct impact on your monthly payment. The higher the rate, the greater the payment will be. That is why it is important to know where rates are headed when deciding to start your home search. Below is a chart created using Freddie Mac’s U.S. […]
      Written by Denise Zervos
    • Homeowners Aged 65+ Have 48x More Net Worth Than Renters

      Every three years, the Federal Reserve conducts their Survey of Consumer Finances in which they collect data across all economic and social groups. Their latest survey data covers responses from 2013-2016. The study revealed that the median net worth of a homeowner was $231,400 – a 15% increase since 2013. At the same time, the median net worth of […]
      Written by Denise Zervos
    • 4 Reasons to Buy A Home This Winter!

      Here are four great reasons to consider buying a home today instead of waiting. 1. Prices Will Continue to Rise CoreLogic’s latest Home Price Insight report revealed that home prices have appreciated by 5.6% over the last 12 months. The same report predicts that prices will continue to increase at a rate of 4.7% over the next year. […]
      Written by Denise Zervos
    • Home Prices Up 6.34% Across the Country! [INFOGRAPHIC]

      Some Highlights: The Federal Housing Finance Agency (FHFA) recently released their latest Quarterly Home Price Index report. In the report, home prices are compared both regionally and by state. Based on the latest numbers, if you plan on relocating...
      Written by Denise Zervos
    • The #1 Reason to Not Wait Until Spring to Sell Your House

      Many sellers believe that spring is the best time to place their homes on the market because buyer demand traditionally increases at that time of year, but what they don’t realize is that if every homeowner believes the same thing, then that is when they will have the most competition! The #1 Reason to List […]
      Written by Denise Zervos
    • Buyers: Don’t Be Surprised by Closing Costs!

      Many homebuyers think that saving for their down payment is enough to buy the house of their dreams, but what about the closing costs that are required to obtain a mortgage? By law, a homebuyer will receive a loan estimate from their lender 3 days after submitting their loan application and they should receive a […]
      Written by Denise Zervos
    • Females Are Making It a Priority to Invest in Real Estate!

      Everyone wants a place to call home; a place that gives them a sense of security. We are currently seeing major interest from females who want to achieve this dream, and the numbers are proving it! In 2018, for the second year in a row, single female buyers accounted for 18% of all buyers. In […]
      Written by Denise Zervos
    • 7 Reasons to List Your House For Sale This Holiday Season

      Every year at this time there are many homeowners who decide to wait until after the holidays to list their homes for the first time, while others who already have their homes on the market decide to take them off until after the holidays. Here are seven great reasons not to wait: Relocation buyers are […]
      Written by Denise Zervos