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How Low Supply & High Demand Impacts the Real Estate Market [INFOGRAPHIC]

By Robert Mays | March 24, 2017

Some Highlights:

  • The concept of Supply & Demand is a simple one. The best time to sell something is when the supply of that item is low & the demand for that item is high!
  • Anything under a 6-month supply is a Seller’s Market!
  • There has not been a 6-months inventory supply since August 2012!
  • Buyer Demand continues to outpace Seller Supply!
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The Foreclosure Crisis: 10 Years Later

By Robert Mays | March 23, 2017

The Foreclosure Crisis: 10 Years Later | Simplifying The MarketCoreLogic recently released a report entitled, United States Residential Foreclosure Crisis: 10 Years Later, in which they examined the years leading up to the crisis all the way through to present day.

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What Are the Experts Saying about Mortgage Rates?

By Robert Mays | March 22, 2017

What Are the Experts Saying about Mortgage Rates? | Simplifying The MarketMortgage interest rates have risen over the last few months and projections are that they will continue their upswing throughout 2017. What impact will this have on the housing market? Here is what the experts are saying:

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It’s a Seller’s Market! Should I Downsize Now?

By Robert Mays | March 21, 2017

It's a Seller's Market! Should I Downsize Now? | Simplifying The MarketA study by Edelman Berland reveals that 33% of homeowners who are contemplating selling their houses in the near future are planning to scale down. Let’s look at a few reasons why this might make sense for many homeowners, as the majority of the country is currently experiencing a seller’s market.

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4 Great Reasons to Buy This Spring!

By Robert Mays | March 20, 2017

4 Great Reasons to Buy This Spring! | Simplifying The MarketHere are four great reasons to consider buying a home today instead of waiting.

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Don’t Let Your Luck Run Out [INFOGRAPHIC]

By Robert Mays | March 17, 2017

Some Highlights:

  • The “Cost of Waiting to Buy” is defined as the additional funds it would take to buy a home if prices and interest rates were to increase over a period of time.
  • Freddie Mac predicts that interest rates will increase to 4.8% by this time next year, while home prices are predicted to appreciate by 4.8% according to CoreLogic.
  • Waiting until next year to buy could cost you thousands of dollars a year for the life of your mortgage!
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Which Homes Have Appreciated the Most?

By Robert Mays | March 16, 2017

Which Homes Have Appreciated the Most? | Simplifying The MarketHome values have risen dramatically over the last twelve months. The latest Existing Home Sales Report from the National Association of Realtors puts the annual increase in the median existing-home price at 7.1%. CoreLogic, in their most recent Home Price Insights Report, reveals that national home prices have increased by 6.9% year-over-year.

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A Tale of Two Markets: Inventory Mismatch Paints a More Detailed Picture

By Robert Mays | March 15, 2017

A Tale of Two Markets: Inventory Mismatch Paints a More Detailed Picture | Simplifying The MarketThe inventory of existing homes for sale in today’s market was recently reported to be at a 3.6-month supply according to the National Association of Realtors latest Existing Home Sales Report. Inventory is now 7.1% lower than this time last year, marking the 20th consecutive month of year-over-year drops.

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Mortgage Interest Rates Went Up Again… Should I Wait to Buy?

By Robert Mays | March 14, 2017

Mortgage interest rates, as reported by Freddie Mac, have increased over the last several weeks. Freddie Mac, along with Fannie Mae, the Mortgage Bankers Association and the National Association of Realtors, is calling for mortgage rates to continue to rise over the next four quarters.

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How to Get the Most Money When Selling Your Home

By Robert Mays | March 13, 2017

Every homeowner wants to make sure they get the best price when selling their home. But how do you guarantee that you receive maximum value for your house? Here are two keys to ensuring you get the highest price possible.

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