Monthly Archives: January 2019

    • Do You Know How Much Your Home Has Increased in Value?

      Last year we saw headlines about a possible housing market bubble, and many wondered if Americans still felt confident about the value of their homes. Recently, the 2018 Houzz & Home Study revealed: “Homeowners with mortgages have seen their home equity more than double since 2011, increasing to a record-setting $8.3 trillion in 2017.” The […]
      Written by Russ Woloch
    • 4 Proven Ways Real Estate Can Build Sizable Family Wealth

      Recently, David Greene, co-host of the BiggerPockets podcast and a nationally renowned author and speaker, wrote an article in Forbes explaining how investing in real estate could help build wealth. Many of the points he made also apply to a family owning their own home. Here are a few: 1. Appreciation “The rising of home […]
      Written by Russ Woloch
    • Is Student Loan Debt A Threat to Homeownership? No!

      Over the course of the last thirty years, a shift has happened. An entire generation has been raised to believe that a college education is their key to unlocking opportunities that were not available to their parent’s or grandparent’s generations. Due to this, student loan debt has soared to $1.5 trillion and represents the largest […]
      Written by Russ Woloch
    • Why It Makes No Sense to Wait for Spring to Sell

      The price of any item (including residential real estate) is determined by the theory of ‘supply and demand.’ If many people are looking to buy an item and the supply of that item is limited, the price of that item increases. The supply of homes for sale dramatically increases every spring, according to the National Association of […]
      Written by Russ Woloch
    • 3 Things You Need in a Shifting Real Estate Market

      Whether you are thinking of selling your house or buying a home, today’s real estate headlines can be confusing – perhaps even concerning. What is actually happening with mortgage rates? Are home values dropping or are they just rising at a slower pace? What impact will the economy have on the housing market? If you […]
      Written by Russ Woloch
    • The Importance of Homeownership to the American Dream

      For centuries, people in this country have seen homeownership as part of the American Dream. Whether they were born here or immigrated from another country, they wanted to own a piece of America. With so many prominent societal changes over the last few decades, it is fair to ask if people in America still feel […]
      Written by Russ Woloch
    • Do You Prefer the Charm of an Existing Home?

      When homebuyers begin their research, they want to see all their available options! In many cases, they will include both new construction and existing homes in their search; but is a new construction home really the house of their dreams? According to a recent survey by Zillow, of the 38% of total buyers that added […]
      Written by Russ Woloch
    • The Difference Having a Professional on Your Side Makes

      In today’s fast-paced world, where answers are a Google search away, there are some who may wonder what the benefits of hiring a real estate professional to help them in their home search are. The truth is, with the addition of more information, comes more confusion. Shows like Property Brothers, Fixer Upper and the dozens […]
      Written by Russ Woloch
    • What is the Cost of Waiting Until Next Year to Buy? [INFOGRAPHIC]

      Some Highlights:

      • The cost of waiting to buy is defined as the additional funds it would take to buy a home if prices and interest rates were to increase over a period of time.
      • Freddie Mac predicts interest rates to rise to 5.1% by the end of 2019.
      • CoreLogic predicts home prices to appreciate by 4.8% over the next 12 months.
      • If you are ready and willing to buy your dream home, find out if you are able to!
      Written by Russ Woloch