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4 Reasons to Sell Your House This Winter [INFOGRAPHIC]

December 14, 2018 by simplify

4 Reasons to Sell Your House This Winter [INFOGRAPHIC] | Simplifying The Market

Some Highlights:

  • Buyer demand continues to outpace the supply of homes for sale which means that buyers are often competing with one another for the few listings that are available!
  • Housing inventory is still under the 6-month supply needed to sustain a normal housing market.
  • Perhaps the time has come for you and your family to move on and start living the life you desire.

Filed Under: For Sellers, Infographics, Move-Up Buyers

The Tale of Two Markets [INFOGRAPHIC]

December 7, 2018 by simplify

The Tale of Two Markets [INFOGRAPHIC] | Simplifying The Market

The Tale of Two Markets [INFOGRAPHIC] | Simplifying The Market

Some Highlights:

  • An emerging trend for some time now has been the difference between available inventory and demand in the premium and luxury markets and that in the starter and trade-up markets and what those differences are doing to prices!
  • Inventory continues to rise in the luxury and premium home markets which is causing prices to cool.
  • Demand continues to rise with lower-than-normal inventory levels in the starter and trade-up home markets, causing prices to rise on a year-over-year basis for 80 consecutive months.

Filed Under: First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Infographics, Move-Up Buyers

Home Prices Up 6.34% Across the Country! [INFOGRAPHIC]

November 30, 2018 by simplify

Home Prices Up 6.34% Across the Country! [INFOGRAPHIC] | Simplifying The Market

Some Highlights:

  • The Federal Housing Finance Agency (FHFA) recently released their latest Quarterly Home Price Index report.
  • In the report, home prices are compared both regionally and by state.
  • Based on the latest numbers, if you plan on relocating to another state, waiting to move may end up costing you more!

Filed Under: First Time Home Buyers, For Buyers, For Sellers, Infographics, Move-Up Buyers, Pricing

Existing Home Sales Slowed by a Lack of Listings [INFOGRAPHIC]

November 23, 2018 by simplify

Existing Home Sales Slowed by a Lack of Listings [INFOGRAPHIC] | Simplifying The Market

Existing Home Sales Reverse Trend as Buyers Return [INFOGRAPHIC] | Simplifying The Market

Some Highlights:

  • Existing home sales are currently at an annual pace of 5.22 million, which is up 1.4% over last month. This reverses the six-month trend of dips in sales every month.
  • The inventory of existing homes is still below the 6-month supply needed for a normal market and is now at a 4.3-month supply.
  • NAR’s Chief Economist, Lawrence Yun, had this to say: “After six consecutive months of decline, buyers are finally stepping back into the housing market. As more inventory enters the market and we head into the winter season, home price growth has begun to slow more meaningfully. This allows for much more manageable, less frenzied buying conditions.”

Filed Under: For Buyers, For Sellers, Housing Market Updates, Infographics

The Cost of Renting vs. Buying a Home [INFOGRAPHIC]

November 16, 2018 by simplify

The Cost of Renting vs. Buying a Home [INFOGRAPHIC] | Simplifying The Market

Some Highlights:

  • Historically, the choice between renting or buying a home has been a tough decision.
  • Looking at the percentage of income needed to rent a median-priced home today (28.4%) vs. the percentage needed to buy a median-priced home (17.5%), the choice becomes obvious.
  • Every market is different. Before you renew your lease again, find out if you can put your housing costs to work by buying this year!

Filed Under: Buying Myths, First Time Home Buyers, For Buyers, Infographics, Rent vs. Buy

VA Home Loans by the Numbers [INFOGRAPHIC]

November 9, 2018 by simplify

VA Home Loans by the Numbers [INFOGRAPHIC] | Simplifying The Market

VA Home Loans by the Numbers [INFOGRAPHIC] | Simplifying The Market

Some Highlights:

  • The Veterans Administration (VA) Home Loan is a benefit that is available to more than 22 million veterans & 2 million active duty service members which helps them achieve their dreams of homeownership.
  • In 2017, $189 billion was loaned to veterans and their families through the program.
  • VA Purchase Loans are on the rise in 46 out of 50 states and Washington, DC.

Filed Under: First Time Home Buyers, For Buyers, Infographics, Move-Up Buyers

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