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

By Robert Mays | May 2, 2016

Billionaire: Buy a Home… And if You Can, Buy a Second Home! | Simplifying The MarketThree 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:

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Home Prices Are Up…but there is a Challenge

By Robert Mays | April 21, 2016

Home Prices Are Up…but there is a Challenge | Simplifying The MarketHome values continue to climb and are projected to increase by about 5% over the next twelve months. That is great news for anyone who owns a home. However, it could present a challenge for a family trying to sell their house.

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Thinking of Selling? The Market Needs Your Listing!!

By Robert Mays | April 20, 2016

Thinking of Selling? The Market Needs Your Listing!! | Simplifying The MarketThe 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.

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If You Are Thinking of Selling, Now Is The Time

By Robert Mays | April 18, 2016

If You Are Thinking of Selling, Now Is The Time | Simplifying The MarketIf you thought about selling your house this year, now may be the time to do it. The inventory of homes for sale is well below historic norms and buyer demand is skyrocketing. We were still in high school when we learned the concept of supply and demand: the best time to sell something is when supply of that item is low and demand for that item is high. That defines today’s real estate market.

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The Top Reasons Why Americans Buy Homes

By Robert Mays | April 13, 2016

The Top Reasons Why Americans Buy Homes| Simplifying The MarketLast week, the inaugural “Homebuyer Insights Report” was released by the Bank of America. The report revealed the reasons why consumers purchase homes and what their feelings are regarding homeownership.

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Yes, Home Prices Are Rising. No, a New Housing Bubble is NOT Forming

By Robert Mays | March 15, 2016

Yes, Home Prices Are Rising. No, a New Housing Bubble is NOT Forming | Simplifying The MarketWe recently reported that home prices are continuing to rise across most of the nation. This has created concern in some pundits that a housing bubble, like we saw ten years ago, is forming again. We want to explain why these concerns are unfounded.

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What If I Wait Until Next Year To Buy A Home?

By Robert Mays | March 14, 2016

What If I Wait Until Next Year To Buy A Home? | Simplifying The MarketAs a seller, you will be most concerned about ‘short term price’ – where home values are headed over the next six months. As either a first-time or repeat buyer, you must not be concerned only about price but also about the ‘long term cost’ of the home.

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Study Again Finds Homeownership to be a Better Way of Producing Wealth

By Robert Mays | March 8, 2016

Study Again Finds Homeownership to be a Better Way of Producing Wealth | Simplifying The MarketAccording to the latest Beracha, Hardin & Johnson Buy vs. Rent (BH&J) Index homeownership is a better way to produce greater wealth, on average, than renting.

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One More Time, Real Estate is a Great Investment

By Robert Mays | March 2, 2016

One More Time, Real Estate is a Great Investment | Simplifying The MarketIn a recent blog post on Marginal Revolution, economist Alex Tabarrok discussed homeownership as an investment.

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Existing Home Sales Rebound in December

By Robert Mays | January 25, 2016

Existing Home Sales Rebound in December | Simplifying The MarketThe National Association of Realtors (NAR) just released their latest Existing Home Sales Report on Friday. Sales of existing homes rose by the largest increase ever recorded as they rebounded 14.7% over November’s numbers and now stand at 7.7% higher than a year ago.

While this is great news for the housing market, let’s take a look at one of the main reasons why there was such a large increase in sales.

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