Monthly Archives: March 2016

Past, Present & Future Home Values

In CoreLogic’s latest Home Price Index, they revealed home appreciation in three categories: percentage appreciation over the last year, over the last month, and projected appreciation over the next twelve months. Here are state maps for each category: The Past … Continue reading

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Sales Contracts Hit Highest Level in Months

The National Association of Realtors (NAR) just announced that the February Pending Home Sales Index reached its highest reading since July 2015. What is the Pending Home Sales Index (PHSI)? NAR’s PHSI is “a forward-looking indicator based on contract signings”. … Continue reading

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More Money in Your Paycheck

A homeowner’s tax savings benefit is generally realized when they file their federal income tax return after the money has been spent for the interest and property taxes. Some people look forward to the refund as a means of forced … Continue reading

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The Top 5 Reasons You Should Not For Sale By Owner

In today’s market, with homes selling quickly and prices rising, some homeowners might consider trying to sell their home on their own, known in the industry as a For Sale by Owner (FSBO). There are several reasons this might not … Continue reading

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Further Proof This Isn’t a Housing Bubble

Two weeks ago, we posted a blog which explained that current increases in home prices were the result of the well-known concept of supply & demand and should not lead to conversations of a new housing bubble. Today, we want … Continue reading

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Home Sales Up Year-Over-Year

Some Highlights This is the 48th consecutive month with year-over-year price gains. Lawrence Yun, NAR’s Chief Economist says that, “The main issue continues to be a supply & affordability problem. Finding the right property at an affordable price is burdening … Continue reading

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91.5% of Homes in the US have Positive Equity

CoreLogic’s latest Equity Report revealed that one million borrowers regained equity in their homes in 2015. The outlook for 2016 remains positive as well, as an additional 850,000 properties would regain equity if home prices rose another 5% this year. … Continue reading

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