Americans Rank Real Estate #1 Long Term Investment | Keeping Current Matters
The Gallup organization recently released a survey in which Americans were asked to rank what they considered to be the “best long term investment.” Real estate ranked number one, with 35% of those surveyed saying it was a better long term investment than stocks & mutual funds, gold, savings accounts or bonds. Here is the breakdown: The survey revealed that real estate was the number one choice among each of the following groups: Men Women People between the ages of 18-29 People between the ages of 30-49 People between the ages of 50-64 People 65 and older People with annual earnings of less than $30,000 People with annual earnings [...]
Thu, May 05, 2016
REMTW
Selling Your Home? Make Sure the Price Is Right! | Keeping Current Matters
In today's market, where demand is outpacing supply in many regions of the country, pricing a house is one of the biggest challenges real estate professionals face. Sellers often want to price their home higher than recommended, and many agents go along with the idea to keep their clients happy. However, the best agents realize that telling the homeowner the truth is more important than getting the seller to like them. There is no “later.” Sellers sometimes think, “If the home doesn't sell for this price, I can always lower it later.” However, research proves that homes that experience a listing price [...]
Mon, Apr 25, 2016
REMTW
The housing market is really heating up and buyer demand is dramatically increasing as we enter the spring season. However, one challenge to the current market is a major shortage of inventory. Below are a few comments made in the last month by industry experts. Lawrence Yun, Chief Economist of NAR “Looking ahead, the key for sustained momentum and more sales than last spring is a continuous stream of new listings quickly replacing what's being scooped up by a growing pool of buyers. Without adequate supply, sales will likely plateau.” Jonathan Smoke, Chief Economist of Realtor.com “Low inventories and tight credit will limit the [...]
Thu, Apr 21, 2016
REMTW
We are often asked why there is so much paperwork mandated by the bank for a mortgage loan application when buying a home today. It seems that the bank needs to know everything about us and requires three separate sources to validate each and every entry on the application form. Many buyers are being told by friends and family that the process was a hundred times easier when they bought their home ten to twenty years ago. There are two very good reasons that the loan process is much more onerous on today's buyer than perhaps any time in history. The government has [...]
Tue, Oct 20, 2015
REMTW
In the latest Rent vs. Buy Report from Trulia, they explained that homeownership remains cheaper than renting with a traditional 30-year fixed rate mortgage throughout the 100 largest metro areas in the United States. The updated numbers actually show that the range is from an average of 16% in Honolulu (HI), all the way to 55% in Sarasota (FL), and 35% Nationwide! The other interesting findings in the report include: Interest rates have remained low and even though home prices have appreciated around the country, they haven't greatly outpaced rental appreciation. “In the past year, these two trends have made homeownership even more [...]
Tue, Oct 20, 2015
REMTW

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