NAR’s Existing Home Sales Report

NAR

National Association of Realtor’s Existing Home Sales Report Some Highlights of the Report: Existing Home Sales are up 4.7% from sales last year, and up 1.2% month-over-month The Percentage of First-Time Homebuyers increased for the first time since November when it climbed to 29% The Median Home Price is up 7.5% over last year marking […]

Baby Boomers: Home Is Where The Heart Is

Baby Boomers: Home Is Where The Heart Is

Within the next five years, Baby Boomers are projected to have the largest household growth of any other generation during that same time period, according to the Joint Center for Housing Studies of Harvard. Let’s take a look at why… In Merrill Lynch’s latest study, “Home in Retirement: More Freedom, New Choices” they surveyed nearly 6,000 adults ages 21 and […]

Billionaire Says Real Estate is Best Investment Possible

Billionaire Says Real Estate is Best Investment Possible

Billionaire money manager John Paulson was interviewed at the Delivering Alpha Conference presented by CNBC and Institutional Investor. During his session he boldly stated: “I still think, from an individual perspective, the best deal investment you can make is to buy a primary residence that you’re the owner-occupier of.” Who is John Paulson? Paulson is the person who, back in 2005 & 2006, […]

Don’t Get Caught in the ‘Renter’s Trap’

Don’t Get Caught in the ‘Renter’s Trap’

There are many benefits to homeownership, one of top ones, is being able to protect yourself from rising rents and lock in your housing cost for the life of your mortgage. The National Association of Realtors (NAR) just released their findings of a study in which they studied “income growth, housing costs and changes in […]

Location, Location, Location…Easy to Understand

Location, Location, Location...Easy to Understand

Location, Location, Location A recent Demand Institute report revealed “nearly half of all American households plan to move at some point in the future.” Seventy-five percent of those surveyed in the report cited one or more ‘location-related reasons’ for their eagerness to move. Here are the top 5 reasons: Safer Neighborhood – 30% Closer to […]