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Monthly Archives: June 2018

    What’s the Median Home Value in Your State?

    By Hugh Williams | June 30, 2018

    If you’ve entered the real estate market as a buyer or a seller, you’ve inevitably heard the mantra “location, location, location” in reference to identical homes increasing or decreasing in value based on where they’re located. In today’s housing market where home prices are appreciating quickly, it’s important to know that not every home appreciates... Read More

    Next Recession in 2020? What Will Be the Impact?

    By Hugh Williams | June 28, 2018

    Economists and analysts know that the country has experienced economic growth for almost a decade. They also know that a recession can’t be too far off. A recent report by Zillow Research shed light on a survey conducted by Pulsenomics in which they asked economists, investment strategists and market analysts how they felt about the... Read More

    Are You Wondering If You Can Buy Your First Home?

    By Hugh Williams | June 28, 2018

    There are many people sitting on the sidelines trying to decide if they should purchase a home or sign a rental lease. Some might wonder if it makes sense to purchase a house before they get married or start a family, some might think they are too young, and still, some others might think their... Read More

    You DO NOT Need 20% Down to Buy Your Home NOW!

    By Hugh Williams | June 27, 2018

    The Aspiring Home Buyers Profile from the National Association of Realtors (NAR) found that the American public is still somewhat confused about what is required to qualify for a home mortgage loan in today’s housing market. The results of the survey show that the main reason why non-homeowners do not own their own homes is because they believe that... Read More

    Homes are More Affordable in 44 out of 50 States

    By Hugh Williams | June 25, 2018

    With both home prices and mortgage rates increasing this year, many are concerned about a family’s ability to purchase a major part of the American Dream – its own home. However, if we compare housing affordability today to the average affordability prior to the housing boom and bust, we are in much better shape than... Read More

    Are Lending Standards Too Loose…or Too Tight?

    By Hugh Williams | June 23, 2018

    With home values appreciating at record rates, some are concerned that we may be heading for another housing bubble like the one we experienced a decade ago. One of the major culprits of that housing boom and bust was the loosening of standards for mortgage credit. In a study done at the University of North... Read More

    Florida Housing Market: Sales, Median Prices up in May

    By Hugh Williams | June 21, 2018

    ORLANDO, Fla. – June 20, 2018 – In May, Florida’s housing market reported more sales, higher median prices and more new listings from owners ready to sell, according to the latest housing data released by Florida Realtors®. “Strong demand from buyers, coupled with a lack of for-sale inventory, continues to have an impact on rising... Read More

    3 Issues Facing Today’s Real Estate Market

    By Hugh Williams | June 20, 2018

    Last week, the National Association of Real Estate Editors (NAREE) held their 52nd Annual Journalism Conference in Las Vegas, NV. Among the many highly anticipated sessions was one called “Top Ten Issues Affecting Real Estate™,” given by Joseph Nahas, Jr., Chair of the Counselors of Real Estate & Senior Vice President of Equus Capital Partners. ... Read More

    When Is a Good Time to Rent? Not Now!

    By Hugh Williams | June 19, 2018

    People often ask if now is a good time to buy a home, but nobody ever asks whether or not it’s a good time to rent. Regardless, we want to make certain that everyone understands that now is NOT a good time to rent. The Census Bureau recently released their 2018 first quarter median rent numbers. According to their... Read More

    How A Lack of Inventory Impacts the Housing Market

    By Hugh Williams | June 18, 2018

    The housing crisis is finally in the rear-view mirror as the real estate market moves down the road to a complete recovery. Home values are up, home sales are up, and distressed sales (foreclosures and short sales) have fallen to their lowest points in years. The market will continue to strengthen in 2018. However, there... Read More