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74% of Households in the US Now Have Significant Equity!

74% of Households in the US Now Have Significant Equity! | Simplifying The MarketCoreLogic’s latest Equity Report revealed that 92% of all mortgaged properties are now in a positive equity situation, while 74% now actually have significant equity (defined as more than 20%)! The report also revealed that 268,000 households regained equity in the first quarter of 2016 and are no longer under water.

Thinking of Selling? 5 Reasons You Shouldn’t FSBO

Thinking of Selling? 5 Reasons You Shouldn’t FSBO | Simplifying The MarketIn today’s market, with home prices rising and a lack of inventory, some homeowners may consider trying to sell their home on their own, known in the industry as a For Sale by Owner (FSBO). There are several reasons why this might not be a good idea for the vast majority of sellers.

Foreclosure Rate Drops to New Post-Crisis Low [INFOGRAPHIC]

Foreclosure Rate Drops to New Post-Crisis Low [INFOGRAPHIC] | Simplifying The Market

What’s Happening in the Real Estate Market?

What’s Happening in the Real Estate Market? | Simplifying the MarketThis is a pretty common question that a potential home buyer or seller may be asking themselves. Leading economists in real estate converged in New Orleans this past week as they presented their answer to this question at the 50th Annual Real Estate Journalism Conference for the National Association of Real Estate Editors.

Here Comes the Housing Inventory!!

Here Comes the Housing Inventory!! | Simplifying The MarketAlmost every real estate conversation revolves around the continuous rise in house values over the last four years. Some have even mentioned a concern about another possible bubble forming. However, the recent increase in prices can be attributed to a very simple principle: supply and demand.

US Housing Market Swings in Favor of Homeownership

US Housing Market Swings in Favor of Homeownership | 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. The results from the first quarter index showed that “16 of the 23 metropolitan markets investigated moved in the direction of buy territory.”

Harvard: 5 Reasons Why Owning A Home Makes Sense Financially

Harvard: 5 Reasons Why Owning A Home Makes Sense Financially| Simplifying The MarketWe have reported many times that the American Dream of homeownership is alive and well. The personal reasons to own a home differ for each buyer, but there are many basic similarities.

Home Prices Up 5.67% Across The Country! [INFOGRAPHIC]

Home Prices Up 5.67% Across The Country! | Simplifying The Market

Serious About Home Buying? Get Pre-Approved

Serious About Home Buying? Get Pre-Approved | Simplifying The MarketIn many markets across the country, the amount of buyers searching for their dream home greatly outnumbers the amount of homes for sale. This has led to a competitive marketplace where buyers often need to stand out. One way to show you are serious about buying your dream home is to get pre-qualified or pre-approved for a mortgage before starting your search.

Single Women Make Up 2nd Largest Home Buying Group

Single Women Make Up 2nd Largest Home Buying Group | Simplifying The MarketAccording to the National Association of Realtors’ (NAR) 2015 Profile of Home Buyers and Sellers, single women made up 18% of all first-time homebuyers last year, second only to married couples who made up 54% of total buyers.

Is Your First Home Within Your Grasp Now?

Is Your First Home Within Your Grasp Now? | Simplifying The MarketThere are many people sitting on the sidelines trying to decide if they should purchase a home or sign a rental lease. Some might wonder if it makes sense to purchase a house before they are married and have a family. Others may think they are too young. And still others might think their current income would never enable them to qualify for a mortgage.

5 Reasons To Hire A Real Estate Pro

5 Reasons To Hire A Real Estate Pro | Simplifying The MarketWhether you are buying or selling a home, it can be quite an adventurous journey. You need an experienced Real Estate Professional to lead you to your ultimate goal. In this world of instant gratification and internet searches, many sellers think that they can For Sale by Owner or FSBO.

June is National Homeownership Month! [INFOGRAPHIC]

June is National Homeownership Month! | Simplifying The Market

Wall Street Journal: Housing Recovery Picks Up Steam

Wall Street Journal: Housing Recovery Picks Up Steam | Simplifying The MarketYesterday, we ran a post quoting major housing experts on the increasing strength of the U.S. housing market. We were pleasantly surprised that, on the same day, the Wall Street Journal decided to run a front page story titled, “Housing Recovery Picks Up Steam” (article available to WSJ subscribers).

A Possible Housing Meltdown? These Experts Respectfully Disagree

A Possible Housing Meltdown? These Experts Respectfully Disagree | Simplifying The MarketWe want to let you know that “rumors of a new market meltdown” are not based on any reputable data. As proof, we offer you the comments of the following experts who have a totally different view on the current housing market.

How Does Housing Help Build Family Wealth?

How Does Housing Help Build Family Wealth? | Simplifying The MarketAs the economy continues to improve, more and more Americans are seeing their personal financial situations also improving. Instead of just getting by, many are now beginning to save and find other ways to build their net worth. One way to dramatically increase their family wealth is through the acquisition of real estate.

All Gave Some. Some Gave All.

New & Existing Home Sales Climb [INFOGRAPHIC]

Some Highlights:

  • Both New Home Sales and Existing Home Sales are up month-over-month and year-over-year.
  • Inventory remains low which continues to drive home prices up as demand continues to exceed the 4.7-month inventory.
  • The median price of new homes is up 12% from March 2015, while the median price of existing homes is up 6.3% from April 2015.

Unparalleled Trust Necessary Before Listing Your House

Unparalleled Trust Necessary Before Listing Your House | Simplifying The MarketYou and your family have decided to sell your house. It is now time to choose a real estate professional to help with the process. One of the major attributes this agent must possess is trustworthiness. To what degree do you need to trust them?

Sell NOW Before Competition Hits the Market

Sell NOW Before Competition Hits the Market | Simplifying The MarketIn their current edition of the Home Price Expectation Survey released last week, Pulsenomics asked this question of the 100+ economists, real estate experts and investment & market strategists they surveyed: