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Monthly Archives: February 2019

    No Worries… Home Prices Coming In For A SOFT Landing

    By Ann Rudd | February 28, 2019

    Home prices have appreciated considerably over the last five years. This has some concerned that we may be in for another dramatic correction. However, recent statistics suggest home values will not crash as they did a decade ago. Instead, this time they will come in for a soft landing. The previous housing market was fueled... Read More

    Interest Rates Hit New 12 Month Low!

    By Ann Rudd | February 27, 2019

    According to Freddie Mac’s Primary Mortgage Market Survey, interest rates for a 30-year fixed rate mortgage are currently at their lowest for 2019. Rates like these haven’t been seen since February 2018! Last week’s survey results reported an interest rate of 4.35%. This is a welcome change from the near 5% rates seen in mid-November. At 4.32%,... Read More

    What are the Benefits of Becoming a Homeowner?

    By Ann Rudd | February 26, 2019

    Every family has a list of important dates. We celebrate birthdays, anniversaries, pet adoptions…and the list goes on. For 64.4 percent of households in the United States, this list includes the day they became a homeowner for the first time! Why is this date important? Homeownership is not just a roof over your head! It represents shelter,... Read More

    How to Increase Your Family’s Net Worth

    By Ann Rudd | February 25, 2019

    Every three years, the Federal Reserve conducts their Survey of Consumer Finances. Data is collected across all economic and social groups. The latest survey data covers 2013-2016. The study revealed that the median net worth of a homeowner is $231,400 – a 15% increase since 2013. At the same time, the median net worth of renters decreased by... Read More

    3 Tips For Making Your Dream Of Buying A Home Come True

    By Ann Rudd | February 22, 2019

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    3 Reasons Why We Are Not Headed Towards Another Housing Crash

    By Ann Rudd | February 21, 2019

    With home prices softening, some are concerned that we may be headed toward the next housing crash. However, it is important to remember that today’s market is quite different than the bubble market of twelve years ago. Here are three key metrics that will explain why: Home Prices Mortgage Standards Foreclosure Rates HOME PRICES A... Read More

    Why A Normal Housing Market Is Just What We Need

    By Ann Rudd | February 20, 2019

    The housing market has been hot for a while now. Homes have been flying off the shelves as fast as they have been listed. Buyers have been competing in bidding wars just to find a home to buy, let alone find their dream home. This ‘seller’s market’ has driven home prices to new heights. Home price appreciation... Read More

    2019 Will Be A Great Year For Buyers AND Sellers

    By Ann Rudd | February 19, 2019

    Many homeowners believe that rising interest rates and home prices have scared away buyers and therefore have not listed their houses for sale. However, the truth is that buyers who were unable to find a home last year are out in force, and there are even more coming! NerdWallet’s 2018 Home Buyer Report revealed that: “Approximately one-third (32%) of Americans plan... Read More

    Millionaire To Millennials: Don’t Get Stuck Renting A Home… Buy One!

    By Ann Rudd | February 18, 2019

    In a CNBC article, self-made millionaire David Bach explained that: “The biggest mistake millennials are making is not buying their first home.” He goes on to say that, “If you want to build real financial security, real wealth for your lifetime, then you need to buy a home.” Bach went on to explain: “Homeowners are worth 40 times more... Read More

    Couples Dominated the First-Time Home Buyer Statistics Again

    By Ann Rudd | February 15, 2019

    According to the National Association of REALTORS most recent Profile of Home Buyers & Sellers, married couples once again dominated the first-time homebuyer statistics in 2018 at 54% of all buyers. It is no surprise that buying a home is more attainable with two incomes to save for down payments and contribute to monthly housing... Read More