Skip To Content

Monthly Archives: April 2019

    How Quickly Can You Save Your Down Payment?

    By Ann Rudd | April 30, 2019

    Saving for a down payment is often the biggest hurdle for a first-time homebuyer. Depending on where you live, median income, median rents, and home prices all vary. So, we set out to find out how long it would take to save for a down payment in each state. Using data from HUD, Census and Apartment List, we determined how... Read More

    Renters Paying Substantially More While Owning Costs Less

    By Ann Rudd | April 26, 2019

    In a recent Insights Blog, CoreLogic reported that rent prices have skyrocketed since 2005. Meanwhile, the typical mortgage payment has actually decreased. “CoreLogic’s national rent index was up 36% in December 2018 compared with December 2005, while the typical mortgage payment was down 4% over that period.” Why the difference between the costs of renting versus owning? It... Read More

    One Surprising Reason For The Inventory Shortage

    By Ann Rudd | April 25, 2019

    There has been a great amount written on millennials and their impact on the housing market. However, the headlines often contradict each other. Some claim this generation is becoming the largest share of first-time home buyers, while others claim millennials don’t want to own a home, blaming them for the dip in homeownership rate. While... Read More

    With Inventory Low: Will Your Dream Home Need Some TLC?

    By Ann Rudd | April 24, 2019

    According to a new survey from, the wave of first-time homebuyers hitting the market this summer has resulted in an interesting statistic. Nearly 60% of buyers searching for a home this spring are willing to consider buying a fixer-upper, with 95% believing that the projects needed will increase their new home’s value!’s Chief Economist, Danielle Hale, pointed... Read More

    Selling Your House: Here’s Why You Need A Pro In Your Corner!

    By Ann Rudd | April 23, 2019

    With home prices on the rise and buyer demand still strong, some sellers may be tempted to try to sell their homes on their own rather than using the services of a real estate professional. Real estate agents are trained and experienced in negotiation while, in most cases, the seller is not. Sellers must realize that their ability to... Read More

    5 Reasons Why Millenials Buy A Home

    By Ann Rudd | April 22, 2019

    Read More

    Buyer Demand Surging As Spring Market Begins

    By Ann Rudd | April 18, 2019

    Last fall, some predicted that the 2019 residential real estate market would be a disaster. There was even belief we might experience a housing crash like the one that occurred during the last decade. However, according to two separate reports*, buyer demand dramatically increased over the last three months, leading into this spring buyers’ market... Read More

    Are Low Interest Rates Here To Stay?

    By Ann Rudd | April 17, 2019

    Interest rates for a 30-year fixed rate mortgage have been on the decline since November, now reaching lows last seen in January 2018. According to Freddie Mac’s latest Primary Mortgage Market Survey, rates came in at 4.12% last week! This is great news for anyone who is planning on buying a home this spring! Freddie Mac had this to say, “Mortgage... Read More

    Homeowners: Now Is A Good Time To Sell Your House

    By Ann Rudd | April 16, 2019

    Every month, the National Association of Realtors (NAR) releases their Seller Traffic Index as a part of their Realtors Confidence Index. In the latest release, NAR reported that homeowners have been reluctant to sell their houses. This is reflected when broken down by state. Only 11 states have a stable level of seller traffic compared to the remainder of the... Read More

    3 Questions You Need To Ask Before Buying A Home

    By Ann Rudd | April 15, 2019

    If you are debating purchasing a home right now, you are probably getting a lot of advice. Though your friends and family have your best interests at heart, they may not be fully aware of your needs and what is currently happening in the real estate market. Ask yourself the following three questions to help... Read More