Buyer Demand Surging as Spring Market Begins

By Jason Mitchell | Apr 19, 2019
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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 …

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Are Low Interest Rates Here to Stay?

By Jason Mitchell | Apr 17, 2019
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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 …

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Homeowners: Now Is A Good Time To Sell Your House

By Jason Mitchell | Apr 17, 2019
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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 …

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3 Questions You Need To Ask Before Buying A Home

By Jason Mitchell | Apr 16, 2019
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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 …

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Slaying the Largest Homebuying Myths Today [INFOGRAPHIC]

By Jason Mitchell | Apr 15, 2019
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Some Highlights: The average down payment for first-time homebuyers is only 6%! Mortgage interest rates have been on the decline since November! Hop in now to lock in a low rate! 88% of property managers raised their rents in the last 12 months! The average credit score on approved loans continues to fall across many …

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Home Value Appreciation Stops Falling, Begins to Stabilize

By Jason Mitchell | Apr 14, 2019
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The percentage of home price appreciation on a year-over-year basis has decreased each month for over a year. The question was how far annual appreciation would fall. It seems we may now have the answer. In a recent post on the National Association of Realtors’ Economists’ Outlook Blog, it was revealed that Realtors are starting …

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