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Monthly Archives: May 2019

    The Ultimate Truth About Housing Affordability

    By Ann Rudd | May 31, 2019

    There have been many headlines decrying an “affordability crisis” in the residential real estate market. While it is true that buying a home is less affordable than it had been over the last ten years, we need to understand why and what that means. On a monthly basis, the National Association of Realtors (NAR), produces a Housing Affordability... Read More

    2 Things You Need to Know To Properly Price Your Home

    By Ann Rudd | May 30, 2019

    In today’s housing market, home prices are increasing at a slower pace (3.7%) than they have over the last eight years (6-7%). However, they are still are above historical norms. Low supply of listed homes and high demand from buyers has pushed prices to rise rapidly. In the mind of the homeowner, annual home price... Read More

    Top 5 Tips to Start the Search For Your Dream Home

    By Ann Rudd | May 29, 2019

    In today’s real estate market, low inventory dominates the conversation in many areas of the country. It can often be frustrating to be a first-time homebuyer if you aren’t prepared. In a realtor.com article entitled, “How to Find Your Dream Home—Without Losing Your Mind,” the author highlights some steps that first-time homebuyers can take to help carry their excitement of... Read More

    To Stage… or Not To Stage? That is the Question!

    By Ann Rudd | May 28, 2019

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    4 Most Popular Bottom Line Investments

    By Ann Rudd | May 24, 2019

    Every year, Gallup surveys Americans to determine their choice for the best long-term investment. Respondents are given a choice between real estate, stocks, gold, and savings accounts. For the sixth year in a row, real estate has come out on top as the best long-term investment! That has not always been the case. Gallup explains: “Between 2008 and 2010, covering... Read More

    Boomerang Buyers are Coming Back to the Market

    By Ann Rudd | May 23, 2019

    According to CoreLogic, from 2006 to 2014 “there were 7.3 million housing foreclosures and 1.9 million short sales.” The hesitation some Americans feel after experiencing a foreclosure brings to mind the old saying: “Fool me once- shame on you. Fool me twice- shame on me.” According to the 2019 Home Buyer Report from NerdWallet, “Thirteen percent of Americans have... Read More

    Are Older Generations Really Not Selling Their Homes?

    By Ann Rudd | May 22, 2019

    Many studies suggest one of the main reasons for the inventory shortage in today’s market of homes for sale is that older generations have chosen to “age in place” over moving. The 2019 Home Buyers & Sellers Generational Trend Report by NAR clarifies this point! NAR’s findings show that Baby Boomers (43%) and the Silent Generation (12%) made up 56%... Read More

    Top Days to List Your Home for Sale

    By Ann Rudd | May 20, 2019

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    What is Really Happening with Home Prices?

    By Ann Rudd | May 17, 2019

    Home values have softened over the last twelve months. We are no longer seeing 6-7% annual appreciation levels for the national housing market. The current numbers are closer to 4%. Some have suggested that year-over-year appreciation levels could fall to 3% or less this year. However, a stronger-than-expected economy and a good spring housing market... Read More

    Four Tips For Making A Competitive Offer

    By Ann Rudd | May 16, 2019

    So, you’ve been searching for that perfect house to call ‘home,’ and you’ve finally found it! The price is right, and in such a competitive market, you want to make sure you make a good offer so that you can guarantee that your dream of making this house yours comes true! Below are 4 steps provided by Freddie... Read More