Monthly Archives: September 2019

    • What Is the Probability That Home Values Sink?

      With the current uncertainty about the economy triggered by a potential trade war, some people are waiting to purchase their first home or move-up to their dream house because they think or hope home prices will drop over the next few years. However, the experts disagree with this perspective. Here is a table showing the […]
      Written by Russ Woloch
    • Millennial Buying Power Poised to Boost Homeownership

      In a recent article by Realtor Magazine, Mark Fleming, Chief Economist of First American Financial Corporation, notes, “The largest group of millennials by birth year will turn 30 in 2020, which puts them entering their prime homebuying years”. The article continues to describe how millennials have more buying-power than the generations that preceded them, making […]
      Written by Russ Woloch
    • The Role Access Plays in Getting Your House Sold

      So, you’ve decided to sell your house. You’ve hired a real estate professional to help you with the entire process and you’ve been asked what level of access you want to provide to potential buyers. There are four elements to a quality listing. At the top of the list is Access, followed by Condition, Financing, […]
      Written by Russ Woloch
    • Home Sales Expected to Continue Increasing In 2020

      Freddie Mac, Fannie Mae, and the Mortgage Bankers Association are all projecting home sales will increase nicely in 2020. Below is a chart depicting the projections of each entity for 2019, as well as for 2020.As we can see, Freddie Mac, Fannie Mae, and the Mortgage Bankers Association all believe homes sales will increase steadily over the next year. If you’re a homeowner who has considered […]
      Written by Russ Woloch
    • A+ Reasons to Hire a Real Estate Pro [INFOGRAPHIC]

      Some Highlights:

      • Hiring a real estate professional to help you buy your dream home or sell your current house is one of the most powerful decisions you can make.
      • A real estate professional has the experience to help you confidently navigate through the entire process.
      • Make sure you work with someone who knows the current market conditions and can simply and effectively explain them to you and your family.
      Written by Russ Woloch
    • Everybody Calm Down! This Is NOT 2008

      Last week realtor.com released the results of a survey that produced three major revelations: 53% of home purchasers (first-time and repeat buyers) currently in the market believe a recession will occur this year or next. 57% believe the next recession will be as bad or worse than 2008. 55% said they would cancel plans to […]
      Written by Russ Woloch
    • How Property Taxes Can Impact Your Mortgage Payment

      When buying a home, taxes are one of the expenses that can make a significant difference in your monthly payment. Do you know how much you might pay for property taxes in your state or local area? When applying for a mortgage, you’ll see one of two acronyms in your paperwork – P&I or PITI […]
      Written by Russ Woloch
    • 5 Reasons to Sell This Fall

      Below are 5 compelling reasons listing your home for sale this fall makes sense. 1. Demand Is Strong The latest Buyer Traffic Report from the National Association of Realtors (NAR) shows that buyer demand remains strong throughout the vast majority of the country. These buyers are ready, willing, and able to purchase…and are in the […]
      Written by Russ Woloch
    • Homeownership Will Always Be a Part of the American Dream

      On Labor Day we celebrate the hard work that helps us achieve the American Dream. Growing up, many of us thought about our future lives with great ambition. We drew pictures of what jobs we wanted to have and where we would live as a representation of a secure life for ourselves and our families. […]
      Written by Russ Woloch