CHECK THIS OUT, MORTGAGES ARE GETTING EASIER

NOW THIS IS NEWS!!!!! Some Highlights: ‘Millennials’ are defined as 18-36 year olds according to the US Census Bureau. According to NAR’s latest Profile of Home Buyers & Sellers, the median age of all first-time home buyers is 31 years old. More and more ‘Old Millennials’ (25-36 year olds) are Read More

SUPPLY AND DEMAND IN HOUSING

Some Highlights: The concept of Supply & Demand is a simple one. The best time to sell something is when supply of that item is low & demand for that item is high! Anything under a 6-month supply is a Seller’s Market! There has not been a 6-months inventory supply Read More

SHOULD I BUY NOW OR WAIT?

Should I Buy Now or Wait? This is a short and right to the point summary of why it makes great sense to buy that first house now or sell, and make that move up buy now. If the house you want costs $250,000 now, waiting a year will cost Read More

HOME OWNERSHIP MAKES SENSE

Owning A Home Makes Sense Financially Home ownership still makes a lot of sense financially, for the reasons enumerated below. Why might buying a home not make sense at the present time? Only one reason – that is if home prices were to decline, like they did from 2006/7 up Read More

HOUSING BUBBLE ANYONE?

HOUSING BUBBLE, ARE WE HEADING FOR ANOTHER ONE OR NOT? This question is being asked with more force and frequency recently. Of course, no one really knows the answer because none of us has a crystal ball. However we do have data and that is the next best thing. Warren Read More