Homes Are Getting More Affordable

Housing affordability may finally be showing signs of improvement, according to a new analysis of American Community Survey data. View NAR's Housing Affordability Index About 33.6 percent of households were cost-burdened in 2015, which means they spent more than 30 percent of their incomes on … [Read more...]

4 Reasons to buy a home this Fall

It’s that time of year; the seasons are changing and with them come thoughts of the upcoming holidays, family get-togethers, and planning for a new year. Those who are on the fence about whether or not now is the right time to buy don’t have to look much further to find four great reasons to … [Read more...]

4 Reasons to buy this Summer

Summer is here! The temperature isn't the only thing heating up right now, so too is the housing market in many areas of the country! Here are four great reasons to consider buying a home today instead of waiting. Prices Will Continue to Rise CoreLogic’s latest Home Price Index reports … [Read more...]

Billionaire: Buy a Home… And if You Can, Buy a Second Home!

Three years ago, John Paulson gave a keynote address at the CNBC/Institutional Investor Conference. In his speech, he told those in attendance that he believes housing will continue its strong recovery for the next 4 to 7 years, saying that: "The housing market has bottomed. It's not too late to get … [Read more...]

The Next Three Months: Best Time to Buy

Low mortgage rates, declining home prices, and homes that are lingering on the market longer are three main reasons why the next three months could be the best time to buy so far this year, says Jonathan Smoke, realtor.com®’s chief economist. “The spring and summer home-buying seasons were … [Read more...]

52% Likely to Buy in the Next 5 Years!! Are You?

According to the recently released BMO Harris Bank Home Buying Report, 52% of Americans say they are likely to buy a home in the next five years. Americans surveyed for the report said they would be willing to pay an average of $296,000 for a home and would average a 21% down payment. The report … [Read more...]

Two out of Three Renters want to own a home – So what’s the hold up?

Let #bobwert #remax Help You Find #therighthome The Federal Reserve Bank of New York recently released the 2015 SCE Housing Survey. The survey revealed that most current renters would prefer owning and that 61.9% of them plan to buy a home within the next five years. 68.3% stated they would … [Read more...]