Monthly Archives: August 2019

    • A Recession Does Not Equal a Housing Crisis [INFOGRAPHIC]

      Some Highlights: There is plenty of talk in the media about a pending economic slowdown. The good news is, home values actually increased in 3 of the last 5 U.S. recessions, and decreased by less than 2% in the 4th. Many experts predict a potential...
      Written by Russ Woloch
    • iBuyers: What Is the “Cost of Convenience” When Selling Your Home?

      When thinking about selling their house, homeowners have many options. A relatively new option is using an “iBuyer.” What is an iBuyer? According to Jovio, the definition is: “A company or investor that uses Automated Valuation Models (AVMs) to make instant offers on homes. It allows sellers to close on a property quickly. Once sold, […]
      Written by Russ Woloch
    • Top Priorities When Moving with Kids

      According to the Pew Research Center, around 37% of U.S students will be going back to school soon and the rest have already started the new academic year. With school-aged children in your home, buying or selling a house can take on a whole different approach when it comes to finding the right size, location, […]
      Written by Russ Woloch
    • What’s the Latest on Interest Rates?

      Mortgage rates have fallen by over a full percentage point since Q4 of 2018, settling at near-historic lows. This is big news for buyers looking to get more for their money in the current housing market. According to Freddie Mac’s Primary Mortgage Market Survey, “the 30-year fixed-rate mortgage (FRM) rate averaged 3.60 percent, the lowest it […]
      Written by Russ Woloch
    • Experts Predict a Strong Housing Market for the Rest of 2019

      We’re in the back half of the year, and with a decline in interest rates as well as home price and wage appreciation, many are wondering what the predictions are for the remainder of 2019. Here’s what some of the experts have to say: Ralph McLaughlin, Deputy Chief Economist for CoreLogic “We see the cooldown […]
      Written by Russ Woloch
    • A Latte a Day Keeps Homeownership Away [INFOGRAPHIC]

      Some Highlights: The pumpkin spice latte is launching soon, so you may be tempted to spend your extra cash on a daily caffeine fix, but that small expense can add up to a big number – fast! Saving for a down payment takes a little discipline, so lim...
      Written by Russ Woloch
    • 5 Easy Steps to Avoid Overwhelm from Media Overload

      When someone is thinking about buying or selling a home, they want to be well-informed. They want to make the right decision for themselves and their family. They scour the internet for any information they can find about the housing market. Today, there is an abundance of information available. It is often conflicting news. It […]
      Written by Russ Woloch
    • Seniors Are on the Move in the Real Estate Market

      Did you know August 21st is National Senior Citizens Day? According to the United States Census, we honor senior citizens today because,  “Throughout our history, older people have achieved much for our families, our communities, and our country. That remains true today and gives us ample reason…to reserve a special day in honor of the […]
      Written by Russ Woloch
    • Housing Supply Not Keeping Up with Population Increase

      Many buyers are wondering where to find houses for sale in today’s market. It’s a true dilemma. We see an increase in buyer demand, but the supply available for purchase isn’t keeping up. The number of new housing permits issued prior to the great recession increased for 15 years until 2005 (from 1.12 million in […]
      Written by Russ Woloch
    • Home Equity

      “One-half of all couples between 35- and 54-years old hold 51% or more of their net worth in home equity. And for most Americans 83% of personal wealth comes from…

      Written by Leslie Le