Existing-Home Sales Down in September but Prices Rise

After hitting the highest level in nearly four years, existing-home sales declined in September, but limited inventory conditions continued to pressure home prices in much of the country, according to the National Association of Realtors®. Total existing-home sales1, which are completed … [Read more...]

5 Reasons to Hire a Real Estate Professional

The real estate market is a place where most people will make their largest investment ever. It is a place where fortunes can be, and often are, made.  It is not a place, however, for you to “wing it”. While the myriad TV shows about real estate make the process look so simple – it’s not … [Read more...]

Why it Might Be Cheaper to Buy Now

Mortgage rates are nearing the 5 percent mark, prompting many home buyers to rush to take advantage of rates while they’re still low.  “Most people agree it is only a matter of time before rates hit 5 percent,” Peter Grabel, a mortgage loan originator at Luxury Mortgage Corp. in Stamford, … [Read more...]

Should I Rent My House If I Can’t Sell It?

There has been a lot written about how buying a home is less expensive than renting one in most parts of the country. Rents are skyrocketing and homes are still at great prices. These two situations are also causing some sellers to consider renting their home instead of selling it. After all, a … [Read more...]

Cost of the home – last year, this year, and next

The cost of a home is determined mainly by two components: price and mortgage rate. Today, we want to show how the monthly cost of purchasing a median priced home has changed over the last twelve months and how it might change over the next twelve months. For the first two examples, we will be using … [Read more...]

Thinking of Selling Your House – 5 Reasons to Do it Now

Many now realize that it is a great time to buy a home. Today, we want to look at why it might also be an opportune time to sell your house. Here are the Top 5 Reasons we believe now may be a perfect time to put your house on the market. 1.) Demand Is High The most recent Existing Home Sales … [Read more...]

Should you wait for interest rates to come back down?

A graph of the movement of the 30 year fixed mortgage rate since the beginning of 2012. Some buyers are waiting to see if interest rates will come back down before making a decision about buying a home. Though no one can guarantee where rates will be in a few months, we don’t believe waiting is a … [Read more...]

Commercial Real Estate Markets Show Steady, Moderate Growth

Vacancy rates generally are tightening in commercial real estate sectors with modest rent growth, according to the National Association of Realtors® quarterly commercial real estate forecast.    NAR chief economist said commercial real estate is on a more moderate growth path.  … [Read more...]

Latinas and the Financial Power Shift

According to a recent report published by Nielsen, Latinas have rapidly positioned themselves as “prominent contributors to the educational, economic, and cultural wellbeing of American Society and consumer marketplace”. The report mentioned that Latinas are outpacing Latino males in their … [Read more...]

Buyers Value Storage Space, Central AC, In-Law Suites, Survey Finds

Purchasing a home is an important life decision, and many factors can influence the home choices buyers make. Geography and demography strongly influence what buyer’s value in a home. The typical recently purchased home was 1,860 square feet and was built in 1996. Repeat buyers, buyers of new … [Read more...]