Housing market moving into Buy territory

According to the latest Beracha, Hardin & Johnson Buy vs. Rent (BH&J) Index, the U.S. housing market has continued to move deeper into buy territory, supporting the belief that housing markets across the country remain a sound investment. The BH&J Index is a quarterly report that … [Read more...]

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...]

Home ownership builds wealth, offers stability

The most recent Housing Pulse Survey released by the National Association of Realtorsrevealed that the two major reasons Americans prefer owning their own home instead of renting are: They want the opportunity to build equity. They want a stable and safe environment. Building … [Read more...]

5 Reasons to sell this Summer

As the temperature rises, buyers are coming out ready to purchase their dream homes. The summer is a great time to list your home for sale. Here are five reasons why: Demand Is Strong The latest Buyer Traffic Report from the National Association of Realtors (NAR) shows that buyer … [Read more...]

Single Women make up the 2nd Largest Home Buying group

According to the National Association of Realtors’ (NAR) 2015 Profile of Home Buyers and Sellers, single women made up 18% of all first-time homebuyers last year, second only to married couples who made up 54% of total buyers. Whether they are young, single and no longer want to rent, or … [Read more...]

Obstacles to Homeownership: Perceived or Real?

Yesterday, we discussed the belief Americans have in homeownership and their desire to partake in this piece of the American Dream. We also discussed some of the obstacles preventing them from attaining that goal. However, studies have shown that that many of the obstacles mentioned are perceived, … [Read more...]

Starter Homes May Be Coming Back, After All

Good news for first-time buyers: more starter homes are on the way. A recent analysis by BUILDER online shows the number of homebuilders offering entry-level housing rose 25 percent last year compared to the year prior. Read more: Young Buyers Face Investor Competition Since the recession, … [Read more...]

House extends, and president is expected to sign, protection for military service members.

On March 21, 2016, the U.S. House of Representatives passed S. 2393, the “Foreclosure Relief and Extension for Servicemembers Act of 2015,” which extends the one-year protection from foreclosure in the Servicemembers Civil Relief Act (SCRA) through 2017. The Senate passed S. 2393 in 2015 and … [Read more...]

Two Common Mortgage Delays

A last-minute problem with financing can quickly delay a closing on a home sale. Here are two of the most common financing problems that can surface: Failure to disclose key financial information. One of the biggest reasons for a financial issue is the failure of the buyer to disclose key … [Read more...]

Attaining the American Dream – 5 Financial Reasons to Buy a Home

Heading into 2015 many people have their sights set on buying a home. The personal reasons differ for each buyer, with many basic similarities. Eric Belsky, the Managing Director of the Joint Center of Housing Studies at Harvard University expanded on the top 5 financial benefits of homeownership … [Read more...]